MCH Liquidation Trust is in a post-confirmation liquidation posture after the court confirmed the Modified Second Amended Chapter 11 Plan of Liquidation proposed by the Official Committee of Unsecured Creditors in April 2024 through the confirmation orderDkt. 1707. The case began on March 10, 2023, when Madera Community Hospital filed chapter 11 after operating as a 106-bed nonprofit acute-care hospital in Madera County, with the petition commencing the restructuring case for the hospital enterprise voluntary petitionDkt. 1.
Early case liquidity and collateral control centered on use of cash collateral and adequate protection for prepetition secured parties, including a scheduled Saint Agnes Medical Center secured claim of about $15.4 million secured by personal property and deeds of trust on hospital-related real estate, alongside multiple equipment-finance and lease obligations listed in the schedules cash-collateral memorandumDkt. 20 and schedules of assets and liabilitiesDkt. 136. The scheduled capital structure reflected roughly $18.1 million of identified secured and equipment-related debt, while filed claims data in the context pack shows 25 claims totaling about $21.3 million across secured and unsecured buckets.
The restructuring path ultimately moved away from an operating reorganization and toward a committee-led liquidation. The plan process was far enough advanced by March 2024 for the committee to file a plan supplement to the Second Amended Chapter 11 Plan of Liquidation , and the court confirmed that liquidation plan on April 17, 2024 . The available context does not identify open near-term hearings or a pending sale milestone; the key current posture is implementation of the confirmed liquidation trust framework.
