Path Medical gets further interim approval to access cash collateral

By Sarah Lizee

Olympia, Wash., Oct. 21 – Path Medical, LLC received further interim approval to use the cash collateral of its pre-petition secured lenders, including Medley Capital Corp., according to an interim order filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Florida.

A further hearing is scheduled for Nov. 18.

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

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