In re: Oakwood Village Nurse Care Center, Inc., et al.
United States Bankruptcy Court for
the Western District of Louisiana
Case No. 00-50485 (Jointly Administered)
Geriatrics, Inc., a Louisiana corporation ("Geriatrics")
and six (6) wholly
owned subsidiaries filed Voluntary Chapter 11 Petitions
for Relief with the United States Bankruptcy Court for the Western District
of Louisiana. The subsidiaries own and operate the following long term care
facilities, multi-handicapped center and group homes for the
developmentally disabled:
Holly Hill House - a 235 bed skilled nursing facility located in Sulphur,
Louisiana; Moss Bluff Manor - a 92 bed skilled nursing facility located in
Lake Charles, Louisiana;
Greenhill Nursing Home - an 80 bed skilled nursing facility located in
DeQuincy, Louisiana;
Rosewood Nursing Center - a 158 bed skilled nursing facility located in
Lake Charles, Louisiana;
Oakwood Village Nurse Care Center - a 160 bed skilled nursing facility
located in Lafayette, Louisiana; and Calcasieu Multi-Handicapped Center
and Group Homes I-V - a 30 bed multi- handicapped center and five 6-8
bed group homes located in Vinton and Sulphur, Louisiana.
Tutera also initially proposed to provide the Debtors with a debtor in
possession loan in the total amount of $1,500,000, which caused the
Debtors’ primary secured creditor to agree to provide a debtor in
possession loan in the amount of $1,750,000 on virtually identical
terms and conditions. Tutera subsequently made a $500,000 debtor
in possession loan to the Debtors. Subsequent to the confirmation
of the Debtors’ plan of reorganization, Tutera made a $5,300,000
loan to take out Hibernia National Bank, which had previously held
the first mortgage indebtednesssecured by the facilities.