James Biden Settled Loan Lawsuit Tied to Rural Hospitals' Bankruptcy - WSJ
Brother of President Biden was sued earlier this year by a chapter 11 trustee for Americore Health over $600,000 in payments he received
As Reported In 2022!
S E E D E D C O N T E N T
By Becky Yerak Sept. 26, 2022 7:50 pm
James Biden, shown in 2011, said he provided financial and consulting services that are of roughly equal value to the payments received.Photo: Haraz N. Ghanbari/Associated Press
James Biden, brother of President Biden, has agreed to pay $350,000 to settle a lawsuit alleging he played a role in the financial collapse of a rural hospital operator he advised, Americore Health LLC.
The proposed settlement resolves a bankruptcy trustee's lawsuit alleging the hospital company wired Mr. Biden $600,000 in loans in 2018 that were never repaid, even when Americore was strapped for cash.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tags
Who is online
115 visitors
Um Hum, as reported in 2022...
Not sure what you are trying to show, did you even read your seed?
If course you aren't. This is on the front page right now...
Yeah, that's what I thought. This seed is about James who received a loan from Americore Health LLC which he was sued for by the trustees who are managing the bankruptcy of Americore. The settlement was that James had to repay money to the trustee's lawsuit. Has absolutely nothing to do with any supposed loan from Joe to James.
And you're trying to muddy the waters to imply the loan being cleared up here was the loan from Joe Biden to James, that James wrote a check to after getting $200,000 from Americore which the White House is now trying to tell us was repayment for a loan from Joe to James. Of course there's no paper trail to show as proof, we just are supposed to trust their words. Trust a politician? Fat chance.