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Prospect News home > News index > List of issuers D > Headlines for DVI Inc. > News item
Published on 7/30/2004 in the Prospect News Distressed Debt Daily.

DVI sells contracts to River Oaks Imaging and Diagnostic for $2.28 million

By Jeff Pines

Washington, July 30 - DVI Financial Services Inc., a unit of DVI Inc., obtained court approval to sell some of its medical loans and leases to River Oaks Imaging and Diagnostic LP for $2.28 million, or 82% of the amount owed to DVI Financial, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

DVI, a Jamison, Pa.-based medical equipment finance company, filed for bankruptcy on Aug. 25, 2003. Its Chapter 11 case number is 03-12656.


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