Luminance Health Group
Chapter 11 and Chapter 7
Owned and operated rehabilitation and recovery centers in Orange County and Yuba City, CA
Industries
Force 10 served as financial advisor and negotiated cash collateral with its secured lender to collect outstanding receivables to fund an orderly wind-down of operations for a group of rehabilitation and recovery centers in California. The insiders abandoned the company early on in the Chapter 11 case, and Force 10 stepped in to support the conversion to Chapter 7 and continue the orderly wind down. We then supported the Chapter 7 trustee in various avoidance actions.
