Foley Represents Path Medical in Sale of Substantially All Assets to Physicians Group

13 September 2022 Media Contact: Jen Dilworth News

Foley & Lardner LLP served as deal counsel to Path Medical, LLC in the sale of substantially all of its assets to an affiliate of Physicians Group, LLC. The sale was effectuated through a Section 363 sale process pursuant to a confirmed Chapter 11 Plan of Reorganization in the U.S. Bankruptcy Court for the Southern District of Florida, Fort Lauderdale Division. The transaction closed in September 2022.

Path Medical is a leading provider of acute trauma treatment and diagnostic imaging services in the State of Florida. The company has 28 medical offices, including 25 clinics, two of which also have diagnostic imaging technology (MRI), and an additional three MRI-only locations. Path Medical primarily treats patients who suffer acute injuries from, among other causes, slips and falls and automobile accidents.

The Foley team representing Path Medical was led by Partners Rachel Goodman and Kevin Shuler and included Partners Mark Wolfson and Michael Matthews, Senior Counsel Maureen Stewart, and Associate Matthew Deegan.

About Foley & Lardner LLP

Foley & Lardner LLP is a preeminent law firm that stands at the nexus of the energy, health care and life sciences, innovative technology, and manufacturing sectors. We look beyond the law to focus on the constantly evolving demands facing our clients and act as trusted business advisors to deliver creative, practical, and effective solutions. Our 1,100 lawyers across 25 offices worldwide partner on the full range of engagements from corporate counsel to IP work and litigation support, providing our clients with a one-team solution to all their needs. For nearly two centuries, Foley has maintained its commitment to the highest level of innovative legal services and to the stewardship of our people, firm, clients, and the communities we serve.

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