{"id":293,"date":"2015-01-21T10:00:56","date_gmt":"2015-01-21T16:00:56","guid":{"rendered":"http:\/\/www.chicagonursinghomelawyersblog.com\/?p=293"},"modified":"2015-01-19T15:56:56","modified_gmt":"2015-01-19T21:56:56","slug":"nursing-home-transfer-liabilities-considered-fraudulent","status":"publish","type":"post","link":"https:\/\/www.robertkreisman.com\/nursing-home-lawyer\/nursing-home-transfer-liabilities-considered-fraudulent\/","title":{"rendered":"Nursing Home Transfer of Liabilities Considered Fraudulent"},"content":{"rendered":"

The owners of a chain of nursing homes housed in multiple states around the United States have been held to have committed fraudulent transactions in an attempt to transfer liabilities to a \u201cshell company.\u201d The owners of Fundamental Long Term Care Inc.<\/a>\u00a0have been the subject of multiple wrongful death cases related to negligence in handling nursing home residents.<\/p>\n

Liabilities that included many judgments in Florida have never been paid to the families of the residents who died at the hands of the nursing home personnel. There were reports of four wrongful death judgments in Florida alone. The company filed for bankruptcy protection, but not without careful scrutiny by the court and the judgment creditors.<\/p>\n

The U.S. Bankruptcy Court<\/a> judge in Tampa, Fla.<\/a>, ruled that the owners of Fundamental Long-Term Care Holdings LLC engaged in a \u201ccarefully orchestrated sham transaction\u201d by selling a unit of the company in 2006 to a retired graphic artist who didn\u2019t even know he had purchased the shares of the company.<\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owners of a chain of nursing homes housed in multiple states around the United States have been held to have committed fraudulent transactions in an attempt to transfer liabilities to a \u201cshell company.\u201d The owners of Fundamental Long Term Care Inc.\u00a0have been the subject of multiple wrongful death cases related to negligence in handling […]<\/p>\n","protected":false},"author":795,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[18,17,4,16,15],"tags":[],"class_list":["post-293","post","type-post","status-publish","format-standard","hentry","category-assisted-living-facilities","category-long-term-care-facilities","category-nursing-home-abuse","category-nursing-home-negligence","category-nursing-home-residents"],"yoast_head":"\nNursing Home Transfer of Liabilities Considered Fraudulent — Chicago Nursing Home Lawyers Blog<\/title>\n<meta name=\"description\" content=\"The owners of a chain of nursing homes housed in multiple states around the 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