Path Medical seeks to extend exclusive solicitation through July 10

By Sarah Lizee

Olympia, Wash., May 12 – Path Medical, LLC is seeking an extension of its exclusive period to solicit votes on its Chapter 11 plan of liquidation through July 10 from May 26, according to a motion filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Florida.

The company filed a Chapter 11 plan and disclosure statement on Jan. 26, as previously reported.

Path Medical said the extension will provide more time for it to finalize the terms of the sale of its assets, obtain approval of a settlement with State Farm, and proceed toward what could be a continued confirmation date.

This is the debtor’s third request for an extension of the solicitation period.

The Fort Lauderdale, Fla.-based company provides acute trauma treatment and diagnostic imaging services to medical patients. The company filed bankruptcy on Aug. 28, 2021 under Chapter 11 case number 21-18338.

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