(Download) "Regional Health Services v. Hale County" by Supreme Court of Alabama ~ Book PDF Kindle ePub Free

eBook details

Title: Regional Health Services v. Hale County
Author : Supreme Court of Alabama
Release Date : January 18, 1990
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

Regional Health Services and Hale Health Corporation appeal from a judgment based upon a jury verdict awarding the Hale County
Hospital Board a total of $289,440.93 on its claim that the defendants wrongfully converted three checks. Regional Health Services (hereinafter "RHS") is a corporation in the business of leasing, operating, and managing hospitals.
On October 1, 1983, the Hale County Hospital Board (hereinafter "Board") entered into a hospital lease agreement with Hale
Health Corporation (hereinafter "HHC"), a wholly owned subsidiary of RHS, to lease the Hale County Hospital in exchange for
the payment of rent. Rent was $100,000 per lease year paid in monthly installments of $8,333.33. The lease transferred all
of the Board's tangible and intangible personal property, including cash, accounts receivable, and assets, and all of its
liabilities, to HHC for the operation of the hospital.