The idea is to avoid cumbersome double-testing and approval procedures by both sides.
The trust said following approval and other procedures, the hospital would take up to five years to complete.
Under the terms of the agreement, Kodak will seek U.S. Bankruptcy Court approval of the bidding procedures at a hearing in late April and is targeting final court approval of a transaction in June.
ENGADGET: Kodak tentatively sells its scanning business to Brother for $210 million
The budget bill includes sweeping changes to the cumbersome procedures that govern environmental approval of energy projects.
Texas is required under the 1965 Voting Rights Act to secure federal approval of changes in its voting procedures.
Focused ultrasound is a victim of the backlash against expensive medical procedures that earn easy approval from the FDA but not the trust of insurers and doctors.
Time was running short, with Borders set to address a bankruptcy judge early Thursday to seek approval of Mr. Najafi's bid and procedures for an auction next week.
The court also seemed to be calling on judges to demand more information about settlement procedures before approving fees, or even withholding approval of fees until the claims have been administered.
FORBES: Court Rejects $14 Million Fee For Lawyers, $3 Million For Their Clients
In a report, the development bank said India's recent decision to set up a ministerial panel to expedite clearances for large projects and the federal cabinet's approval to a proposed law that aims to simplify land acquisition procedures are steps in the right direction.
TALLAHASSEE, Florida (CNN) -- Six months after a bitter dispute put Florida's election procedures under the glare of critical sunshine, the state Legislature gave final approval Friday to a sweeping package of reforms that should make hanging chads history in the state.
Procedures vary, but all three states allow a trustee to okay a conversion without court approval if all the beneficiaries agree to it.
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