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prima:HIMA San Pablo creditors would only recover pennies on millions of dollars in receivables

Upon submitting its payment plan to the bankruptcy court, the hospital group owes 27% more than what was reported a year ago

August 9, 2024 - 12:49 PM

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This content was published more than 3 months ago.
The former HIMA San Pablo conglomerate owned four hospitals in Puerto Rico. (Nahira Montcourt)

Almost a year after filing for Chapter 11 protection under the federal Bankruptcy Law, the HIMA San Pablo Group filed a restructuring plan that, if approved, would pay creditors, in principle, about 9 cents on the dollar.

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