Reuters: Bankruptcy News: Home delivery company Liberty Medical seeks bankruptcy

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Home delivery company Liberty Medical seeks bankruptcy Feb 15th 2013, 15:41 Fri Feb 15, 2013 10:41am EST Feb 15 (Reuters) - Liberty Medical Supply Inc filed for Chapter 11 bankruptcy on Friday with between $100 million and $500 million in both assets and liabilities, according to documents filed in the U.S. Bankruptcy Court in Delaware. The company offers home delivery of health care products. It said on its website more than 1 million Americans use Liberty Medical for daily diabetes supplies. Liberty Medical listed CGS Administrators as its largest unsecured creditor, with a disputed claim of $137.2 million. Express Scripts Holding Co unit Medco Health Solutions Inc was next with a disputed claim of $14.2 million. The company listed between 1,000 and 5,000 employees in its bankruptcy filing. Nine affiliated entities also filed for bankruptcy, including Polymedica Corp and Liberty Healthcare Group Inc.

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