Sound Shore unsecured creditors committee's financial adviser OK'd

By Kali Hays

New York, March 5 - Sound Shore Medical Center of Westchester's official committee of unsecured creditors received court approval to employ Deloitte Transactions and Business Analytics LLP as its financial adviser, according to an order filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The hiring is retroactive to Dec. 29.

The committee had received prior approval to employ Deloitte Financial Advisory Services LLP, but the company reorganized, hired new personnel and changed its name to DTBA, prompting the committee to seek another order of approval.

The company will continue to act as the committee's financial adviser during Sound Shore's Chapter 11 case.

Sound Shore, a New Rochelle, N.Y., medical center, filed Chapter 11 bankruptcy on May 29, 2013. Its Chapter 11 case number is 13-22840.

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