HealthSouth Corp. founder Richard Scrushy reached an undisclosed deal with federal prosecutors over access to his personal assets, according to court documents. In November, a U.S. District Court judge in Birmingham, Ala., froze Scrushy's assets, estimated at $278 million, including a yacht, airplanes, art and antiques. Scrushy faces 85 criminal counts of fraud for his alleged role in massive accounting fraud at the company. He was to appear in court Thursday to argue for access to his assets, but the hearing was canceled. At deadline, Scrushy's lawyers were not available to comment. According to the Associated Press, Scrushy had asked for access to $15.5 million to repay a loan from HealthSouth. -- by Julie Piotrowski
Scrushy reaches deal with prosecutors over assets
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