As the Covid-19 crisis rages on, a battle between debt and equity hedge fund investors is threatening the restructuring plans of heavily indebted hospital company Quorum Health.
On April 7 Quorum filed for Chapter 11 bankruptcy protection and entered into a restructuring deal with a majority of its term loan lenders and noteholders on a “pre-packaged” plan to recapitalize the business, according to regulatory filings and press releases.
On
