Grant White, CEO of Americore Holdings LLC, invoked his Fifth Amendment right to avoid self-incrimination during a deposition Thursday before the Official Committee of Unsecured Creditors in his Chapter 11 bankruptcy case. Americore and its affiliated hospitals filed for chapter 11 protection in the Eastern District of Kentucky in December, 2019. The United States Trustee earlier filed a motion for the appointment of a chapter 11 trustee or an examiner. The motion alleged that White was mismanaging the company, had lied to the bankruptcy court, was under civil and criminal investigation and had "inappropriately siphoned money" from affiliated entities. The motion was joined by the creditors committee and one of the debtor in possession's largest debt holders.
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