Showing posts with label Small Smiles Dental Centers and Shariah Laws. Show all posts
Showing posts with label Small Smiles Dental Centers and Shariah Laws. Show all posts

Friday, April 27, 2012

Creditors Checking the Validity of Actual Property and Liens of Church Street Health Management’s held by its Collateral Agents - SSO FUNDING CORP.; SSH FUNDING CORP.;CIT HEALTHCARE LLC; AMERICAN CAPITAL, LTD.

Church Street Health Management Unsecured Creditors

vs.

SSO Funding Corp. is a special purpose entity acting as a conduit for the
provision of financing between Debtors and the entities providing financing to the Debtors and may be served in care of Global Securitization Services, LLC, 68 South Service Road, Suite 120, Melville, New York, 11747.

SSH Funding Corp. is a special purpose entity acting as a conduit for the
provision of financing between Debtors and the entities providing financing to the Debtors and may be served in care of Global Securitization Services, LLC, 68 South Service Road, Suite 120, Melville, New York, 11747

CIT Healthcare LLC, is the Collateral Agent and Administrative Agent for
the Prepetition First Lien Facility Lenders and the Prepetition Second Lien Facility Lenders. CIT Healthcare, LLC, may be served at 11 West 42nd Street, Floor 7, New York, New York, 10036.

American Capital Ltd. is the Collateral Agent under the Subordinated
Murabaha Facility Agreement and maybe served at 505 Fifth Avenue, 26th Floor, New York, New York, 10017.

Complaint by Unsecured Creditors to Determine Validity of Property and Liens-Doc 299

Wednesday, June 29, 2011

Small Smiles Dental Centers owners guided by Shari’ah-Sharia- Rules and Principles

Arcapita Bank-Manama, Kingdom of Bahrain-is the investment firm who purchased the Small Smiles Dental Centers/Church Street Health Management from the DeRose family in 2006. 

The following statement is taken from Arcapita Bank’s Annual Financial Statement as of June 30, 2010, Ernst & Young auditors:

“…and that the Bank has complied with the terms of its banking license and has also complied with the "Islamic Shari’ah Rules and Principles as determined by the Shari’ah Supervisory Board of the Group.”

Arcapita Shari'ah Rules Statement

I’m thinking they would prefer me beheaded.

 

Related:

Sharia Banking Principles
The Principles of Islamic Banking