We represented the administrative agent in a $72 million syndicated credit facility to a private equity-sponsored operator of inpatient behavioral treatment facilities in several states.
$72 Million Syndicated Credit Facility
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Lead counsel representing emergency department provider and other defendants in qui tam lawsuit alleging violation of licensure laws caused submission of false claims. District court dismissed allegations against the emergency department provider on grounds that alleged regulatory violation did not satisfy standard for FCA materiality set forth in Supreme Court’s Escobar decision. U.S. ex rel. Taylor v. Boyko, 2019 WL 2423283 (S.D. W. Va. Jun. 6, 2019).