Verity Health System of California – Creditors Object to Sale Motion, Citing Incomplete Record and Bid Chilling Break Fee

October 17, 2018 – Creditors UMB Bank, N.A., as master indenture trustee, and Wells Fargo Bank, National Association, as indenture trustee (together, the “Secured Parties) filed an objection [Docket No. 557] to Verity Health System of California’s sale motion. The Secured Parties state, “The Debtors are seeking relief on an incomplete record. The Debtors have…