Bankruptcy judge gives Forum Health OK to hire interim CEO

YOUNGSTOWN — U.S. Bankruptcy Court Judge Kay Woods authorized Forum Health to hire FTI Consulting — a firm that previously worked for one of the health-care system’s major creditors — to provide an interim CEO.

The court’s order came after Forum disclosed that FTI previously did work for MBIA Insurance Corp., one of Forum’s major creditors.

In a hearing on the matter Oct. 27, Judge Woods tentatively approved the hiring of Charles W. Neumann as chief executive officer and president, subject to her approval of a supplemental filing detailing whether Neumann has potential conflicts of interest with any parties connected to the case.

The required document was filed Thursday and the judge issued her order Friday.

For the complete story, see Tuesday's Vindicator and Vindy.com