Promise Healthcare Group – Stalking Horse Bidder LADMC Objects to “Amorphous” Bidding Procedures

December 6, 2018 – Stalking Horse Bidder LADMC, LLC (“LADMC”) filed a motion [Docket No. 232] objecting to the Debtors’ proposed bidding procedures, citing concerns over “amorphous” terms that threaten the integrity of the Debtors’ sale process.   The objection [Docket No. 232] states, “LADMC opposes the new proposed language. Subsection (a) nominally sets a…