Practice AreasPractice Areas

Waddell Law Offices Blog

Waddell Law Offices Blog
Blog Category:
9/23/2007
Harry P. Waddell
Comments (0)

Interesting Article on Nursing Home Liability

Check out the article in the Library which details how large private investment firms are purchasing nursing homes and hiding the true owners to shield themselves from liability for substandard conditions. The typical pattern is this: the private investment firm purchases the nursing home and reduces costs by cutting back on necessary services in order to increase profits. In order to avoid legal responsibility when the substandard care causes injury or death to the nursing home patients, the investment firm hides the true owners by creating a complicated maze of interconnected corporations with little or no assets. Because the investment firms are not publicly traded corporations, they can hide disclosure that they are the true owners.
Labels:

Comments

There are no comments.

Post a comment

Post a Comment to "Interesting Article on Nursing Home Liability"

To reply to this message, enter your reply in the box labeled "Message", enter your username and password, and hit "Post Message."

Username:

Password:

Register for an account

Message:

Quick ContactQuick Contact

Name:

Phone:

Email:

Tell us more:


The Law Offices of Harry Waddell
300 West Martin Street
Martinsburg, WV 25401

Phone: (304) 263-4988
Fax: (304) 262-2498

Map & Directions