Bankrupt hospital chain Prospect Medical Holdings Inc. won court permission to start drawing from its $100 million Chapter 11 financing despite a challenge from landlord Medical Properties Trust Inc. Judge Stacey G.C. Jernigan said late Tuesday she'd authorized Prospect's request after company advisers testified that the hospital operator's cash dwindled to about $3 million before filing for protection on Jan. 11. MPT challenged the financing, saying it improperly puts the new debt ahead of its liens.
