Bombshell: Brooklyn judge orders SUNY Downstate to account for LICH’s money, property
Judge Demarest: Complete accounting by August 5
A Brooklyn judge has ordered SUNY Downstate Medical Center to account for every stick of property and every dollar it has transferred from Long Island College Hospital (LICH) to itself since it took over LICH on May 29, 2011.
Brooklyn Supreme Court Justice Carolyn E. Demarest on Thursday ordered SUNY Downstate to present a full accounting of all LICH property, assets and funds transferred to Downstate, the income derived from the properties, details about the other LICH properties SUNY plans to dispose of and more, no later than August 5.
According to Justice Demarest’s order, the Court originally approved the transfer of LICH’s assets to SUNY Downstate back in 2011 “on the express representation” that “SUNY Downstate will continue Petitioner’s [LICH’s] operation as a hospital.” (Related story here.)