A court barred certain HealthSouth Corp. creditors from accelerating the repayment of bonds, a move that the rehabilitation and surgery center chain said would protect its ongoing financial recovery after a multibillion-dollar accounting scandal. HealthSouth said it requested the temporary restraining order from the Circuit Court of Jefferson County, Ala., to prevent bondholders from demanding immediate repayment of $2.7 billion. The company said it hoped to reach alternative agreements with the lenders. HealthSouth defaulted on certain notes last year because its credit line was frozen following revelation of the accounting scandal. HealthSouth said it has caught up with payments and is current on all principal and interest payments. -- by Julie Piotrowski
HealthSouth creditors ordered to back off for now
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