Judge rules on bankruptcy issue of nursing homes

The Fort Lee-based owners of five Connecticut nursing homes that claim union-negotiated employee contracts helped push the companies into bankruptcy protection can modify the agreements, a federal judge has ruled. Judge Donald H. Steckroth, sitting in U.S. District Court in Newark, gave the owners of the homes - THCI Co., which owns four of the homes, and THCI Mortgage Holding Co., which owns the fifth - approval to change the collective bargaining agreements for six weeks. Read More at:http://www.northjersey.com/news/195277751_Judge_rules_on_bankruptcy_issue_of_nursing_homes.html