Stalled West Sub Deal Would Oust Prasad, Bring New Owner

Proposed settlement would sell West Suburban and Weiss hospitals to Insight, pay current CEO as consultant

An owner of West Suburban and Weiss hospitals is asking a judge to enforce a settlement agreement that would see the hospitals sold to Insight Health Systems.

Stalled West Sub deal would oust Prasad, bring new owner

The lawsuit between Resilience Healthcare owner and West Sub Hospital CEO Manoj Prasad and his landlord Ramco Healthcare and owner Reddy Rathnaker Patlola may have moved closer to a settlement Friday.  The settlement was initially agreed to by Prasad and Patlola in late May. Through his multiple attorneys, Prasad has since objected to the terms […] The post Stalled West Sub deal would oust Prasad, bring new owner  appeared first on Wednesday Jou…

No West Sub settlement until at least late August

There were two more court hearings last week on the proposed settlement of a lawsuit between West Suburban Hospital CEO Manoj Prasad’s Resilience Healthcare and landlord Reddy Rathnaker Patlola’s Ramco LLC. But little progress was made.    The settlement, which Ramco attorney Scott Kaplan said has been agreed upon for weeks now, has been reportedly delayed due to Prasad balking at the terms. Prasad has retained his own personal attorney to repre…