Updated Oct 8, 4:12 PM ET
Petition filed
Plan confirmed
Platinum Heights is in a post-sale wind-down following the May 30, 2026 closing; the court's June 16 first distribution order Dkt. 382 authorized $21,000,000 for b1Bank and retained $2,341,754.86 for remaining administrative and priority claims. The next material work is resolving those claims and making further distributions, including addressing the disputed $293,949.03 insider financing claim challenged in CLS Heights' objection Dkt. 385.
Platinum Heights: Heights Hospital Plan Collapse in Chapter 11 ·
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