Locke Lord Represents ActiveCare in Sale of Substantially All of Assets Under Sections 105, 363 and 365 of U.S. Bankruptcy Code to Telcare Medical Supply

A Locke Lord team led by Douglas Gray (Providence) represented ActiveCare Inc., and its wholly-owned subsidiary, 4G Biometrics, LLC, in the sale of substantially all of its assets under Sections 105, 363 and 365 of the U.S. Bankruptcy Code to Telcare Medical Supply, LLC, a subsidiary of Biotelemetry, Inc. (NASDAQ: BEAT), a leading developer of mobile and wireless medical monitoring devices. Locke Lord served as special corporate counsel to the Debtor following ActiveCare’s Chapter 11 filing. Additional team members included Eugene McDermott and Baker Coon  (both of Providence), Brian Raynor (Chicago) and Stephen Humeniuk (Austin).
Posted November 27, 2018