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Prospect News home > News index > List of issuers S > Headlines for Saint Vincent Catholic Medical Centers > News item
Published on 12/12/2005 in the Prospect News Distressed Debt Daily.

Stonehill Institutional Partners buys $6.47 million portion of claim against Saint Vincent

By Caroline Salls

Pittsburgh, Dec. 12 - Stonehill Institutional Partners, LP bought a $6.47 million portion of American Express Travel Related Services Co., Inc.'s $12.95 million general unsecured claim against Saint Vincent Catholic Medical Centers, according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Saint Vincent, a New York metropolitan area health care system, filed for bankruptcy on July 5. Its Chapter 11 case number is 05-14945.


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