New Chapter 11 Filing – CMC II, LLC and Affiliates
On March 2, 2021, CMC II, LLC of Maitland, FL, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10461). CMC II is part of a family of companies owned by non-debtor LaVie Care Centers (d/b/a Consulate Health Care), which manages and operates 140 nursing facilities. The company reports $100 to $500 million in both assets and liabilities. According to the first day declaration, the filing was triggered by the entry of judgments against five debtors in a Federal False Claims Act suit. The debtors claim they lack the resources to satisfy those judgments.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
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