Daily News: December 11, 2012

LifeCare Holdings Files for Chapter 11 Protection

Bloomberg reported that LifeCare Holdings filed for Chapter 11 bankruptcy protection in Delaware. The Plano, TX-based company had listed its assets at $422 million as of Sept. 30, 2012 and listed its liabilities of $576 million in its filing in U.S. bankruptcy court in Delaware.

To read the full Bloomberg article, click here.