Judges appoint mediator in LICH dispute, orders SUNY Downstate to detail LICH’s assets
SUNY Downstate Medical Center has been ordered to give a give a full written account of every dollar and asset spent and transferred from Long Island College Hospital (LICH) from the day they purchased the 156-year-old community hospital on May 29, 2011.
The order came on Thursday, June 27, from Brooklyn Supreme Court Justice Carolyn E. Demarest, who specified that the report must include details not just about LICH’s existing assets and funds, but also the income from LICH’s properties. The report should also include details about the LICH assets that SUNY wants to sell or otherwise get rid of.
The report is due by August 5.