BFCAP Investments v. Lifehouse Parkview etc. CA2/2
In this breach of contract action, plaintiffs Kingston Healthcare Center, LLC and BFCAP Investments, LLC contracted to purchase licenses to operate a skilled nursing facility and lease its parcel of property from defendants Lifehouse Parkview Operations, LLC (OpCo) and Lifehouse Parkview Properties, LLC (PropCo). The parties entered into a series of agreements relating to the purchase; one issue the agreements addressed was which party would be responsible for paying quality assurance fees (QAFs), state-imposed licensing fees on skilled nursing facilities. Plaintiffs alleged that defendants breached the parties’ contracts because defendants were required to pay all outstanding QAFs due prior to the close of the sale, and they did not.
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