Jason Mudrick Is Battling With Investors Over This Hospital Company

The hedge fund manager thinks note holders of Quorum Health are taking advantage of the current pandemic.

Jason Mudrick (Michael Nagle/Bloomberg)

Jason Mudrick

(Michael Nagle/Bloomberg)

As the Covid-19 crisis rages on, a battle between debt and equity hedge fund investors is threatening the restructuring plans of heavily indebted hospital company Quorum Health.

On April 7 Quorum filed for Chapter 11 bankruptcy protection and entered into a restructuring deal with a majority of its term loan lenders and noteholders on a “pre-packaged” plan to recapitalize the business, according to regulatory filings and press releases.


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