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Judge converts Clini-Therm bankruptcy to Ch. 7 liquidation.
Judge converts Clini-Therm bankruptcy to Ch. 7 liquidation
After failing to find investors to save it from liquidation, a bankruptcy judge on Monday approved a motion to convert Clini-Therm Corp.'s reorganization filing to Chapter 7.
The motion was filed by Quest Medical Inc. in December after a soured merger attempt between the two Dallas-based medical products companies. Quest earlier had agreed to finance Clini-Therm through a pre-packaged Chapter 11 reorganization plan, but severed ties with the financially-troubled maker of hyperthermia equipment when Quest executives learned that Clini-Therm had canceled its product liability insurance policy shortly …
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- Quest pushes for Clini-Therm liquidation. (Quest Medical Inc.)
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Magazine article from: Dallas Business Journal
Brady, Lorraine
December 21, 1990
700+ words
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- Clini-Therm may bring back former president.
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Magazine article from: Dallas Business Journal
Preston, Darrell
December 19, 1988
700+ words
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- Quest kills Clini-Therm merger plans. (Quest Medical Inc. severs ties with...
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Magazine article from: Dallas Business Journal
Brady, Lorraine
December 14, 1990
700+ words
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- Quest to acquire Clini-Therm Corp.'s assets. (Quest Medical Inc.)
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Magazine article from: Dallas Business Journal
Brady, Lorraine
November 2, 1990
700+ words
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- Clini-Therm liquidation stalled by last-minute buyout offer. (hyperthermia...
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Magazine article from: Dallas Business Journal
Brady, Lorraine
March 22, 1991
700+ words
