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AMERICAN DENTAL PARTNERS SIGNS FORBEARANCE AGREEMENTS AND PROVIDES MEDIATION UPDATE

Default Notice Forbearance Agreement

AMERICAN DENTAL PARTNERS 

SIGNS FORBEARANCE AGREEMENTS 

AND PROVIDES MEDIATION UPDATE | Document Parties: AMERICAN DENTAL PARTNERS INC | American Dental Partners, Inc | PDG, PA, PDHC, Ltd You are currently viewing:
This Default Notice Forbearance Agreement involves

AMERICAN DENTAL PARTNERS INC | American Dental Partners, Inc | PDG, PA, PDHC, Ltd

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Title: AMERICAN DENTAL PARTNERS SIGNS FORBEARANCE AGREEMENTS AND PROVIDES MEDIATION UPDATE
Date: 12/19/2007
Industry: Business Services     Sector: Services

AMERICAN DENTAL PARTNERS 

SIGNS FORBEARANCE AGREEMENTS 

AND PROVIDES MEDIATION UPDATE, Parties: american dental partners inc , american dental partners  inc , pdg  pa  pdhc  ltd
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Exhibit 99.1

American Dental Partners, Inc.

401 Edgewater Place, Suite 430

Wakefield, MA 01880

Phone: 781/224-0880 Fax: 781/224-4216


For Immediate Release

 

Contacts:    Gregory A. Serrao    Breht T. Feigh   
   Chairman, President and    Executive Vice President, Chief   
   Chief Executive Officer    Financial Officer and Treasurer   
   781-224-0880    781-224-0880   

AMERICAN DENTAL PARTNERS

SIGNS FORBEARANCE AGREEMENTS

AND PROVIDES MEDIATION UPDATE

WAKEFIELD, MASSACHUSETTS – December 18, 2007 - American Dental Partners, Inc., (NASDAQ: ADPI) announced that the Company and the lenders under its revolving credit agreement and term loan agreement have executed Forbearance Agreements until January 11, 2008. The lenders have notified the Company that the jury’s verdict in the litigation among PDG, P.A., PDHC, Ltd., one of the Company’s Minnesota subsidiaries, and the Company filed in the District C


 
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