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Delaware Prisons Health-Care Provider to Liquidate in Bankruptcy

Sept. 17, 2021, 6:59 PM

Connections Community Support Programs Inc., a mental health care provider, is turning its bankruptcy proceedings over to an independent fiduciary after gaining court approval of its request to convert its case to Chapter 7.

The conversion, approved at a hearing Friday, follows a $12.7 million asset sale to Conexio Care Inc. that allows for the continuing care of 10,000 patients and preservation of 800 jobs, according to Connections’ motion.

Delaware-based Connections said it had no choice but to convert the case after it lost permission to use its cash, which is subject to a lien by lender Wilmington Savings ...

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