Evelyn J. Meltzer Quoted in Law360 Article, 'Bostwick's $6.5M Asset Sale to Poplar Approved in Del.'
Evelyn J. Meltzer, a partner in the Corporate Restructuring and Bankruptcy Practice Group of Pepper Hamilton, was quoted in the April 28, 2017 Law360 article, " Bostwick's $6.5M Asset Sale to Poplar Approved in Del."
During a hearing in Wilmington, Bostwick attorney Evelyn J. Meltzer of Pepper Hamilton LLP told the court that all objections and informal comments on its sale motion had been resolved. The sale consideration includes $1.1 million to satisfy the potential overpayment claims of the federal government’s Centers for Medicaid and Medicare Services.
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“At the end of that three-month period, any samples that Bostwick has received that are in the pipeline will be tested by Poplar, and Bostwick will then communicate the results to the client,” Meltzer said.
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U.S. Bankruptcy Judge Brendan L. Shannon, after approving the deal, asked Meltzer what the rest of Bostwick’s case would look like. She replied that the company would likely be filing a bar date motion in the near future and following that, would pursue a combined disclosure statement and confirmation motion.