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MercyOne loses appeal over Mercy Iowa City liquidation plan
U S District Court rejects MercyOne appeal challenging the Mercy Iowa City liquidation. Judge C J Williams affirms the bankruptcy plan, clearing the way for a trust to distribute remaining assets and release many parties from liability, while MercyOne is not released and may face potential claims. MercyOne previously owed $31,500 and had argued for standing amid broad releases.
MENTIONED IN THIS ARTICLE
Aus
MercyOne
Mercy Iowa City
U.S. District Court
C.J. Williams
University of Iowa Health Care
Mercy
Iowa City
Dan Simon
Thad Collins
District of
Iowa
Williams
Sisters of Mercy