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Published on 8/31/2023 in the Prospect News Distressed Debt Daily.

Amsterdam House to continue sale mediation through Sept. 6

By Sarah Lizee

Olympia, Wash., Aug. 31 – Amsterdam House Continuing Care Retirement Community, Inc., which does business as the Harborside, will continue mediating issues related to its sale process through Sept. 6, according to an extension order filed Thursday with the U.S. Bankruptcy Court for the Eastern District of New York.

The official committee of unsecured creditors and bond trustee UMB Bank, NA were ordered to participate in the mediation, as previously reported.

Judge Robert D. Drain is acting as mediator.

The Port Washington, N.Y.-based retirement community builder and operator filed Chapter 11 bankruptcy for the third time on March 22 under Chapter 11 case number 23-70989.


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