Insights
Firm News

Farella Braun + Martel Advises The Doctors Company on Its Expansion into New York’s Medical Malpractice Insurance Market

November 30, 2018 Press Release

SAN FRANCISCO (Nov. 30, 2018): The Doctors Company, the nation’s largest physician-owned medical malpractice insurer, executed an agreement to purchase New York-based Hospitals Insurance Company and FOJP Service Corporation from Mount Sinai Health System, Montefiore Health System, and Maimonides Medical Center. The $650,000,000 acquisition, which must still be approved by state insurance regulators, is expected to close in 2019. Farella Braun + Martel LLP is advising The Doctors Company on the transaction.

The deal allows The Doctors Company to grow its presence in the New York market and add the three large New York City hospitals to its client roster. According to The Doctors Company, the sale presents an important opportunity to financially strengthen these three hospital systems. Click here to read The Doctors Company’s announcement.

The Farella team is led by business transactions partner Philip W. Peters and includes business transactions partner Jesse Debban and associates Carolina de Armas and Drew N. Goodwin, and tax partner Said C. Kordestani and associate Lysondra E. Ludwig.

Farella Braun + Martel LLP is a leading Northern California law firm representing corporate and private clients in sophisticated business transactions and complex commercial, civil and criminal litigation. Clients like our imaginative legal solutions and the dynamism and intellectual creativity of our lawyers. The attorneys in each practice group work cohesively in interdisciplinary teams to advance the clients’ objectives in the most effective, coordinated and efficient manner. Founded in 1962, we are headquartered in San Francisco and maintain an office in the Napa Valley that is focused on the wine industry.  

Contact:
Cheryl Loof
Farella Braun +Martel LLP
415.954.4433 / [email protected]
Follow us on LinkedIn | Twitter

Firm Highlights

Publication

Legal Ins and Outs of 'Opportunity Zones' — So Far

A new tax incentive intended to stimulate investment in low-income communities known as opportunity zones has attracted significant attention from investors, developers, and business owners since its enactment under Section 1400Z-2 of the Internal...

Read More
News

Farella Braun + Martel Attorneys Recognized in The Best Lawyers in America© 2020

Read More
Publication

Smoke Gets In Your Eyes: Legal Strategies for Smoke-Exposed Grapes

Following on last year’s Northern California firestorm in Napa, Lake, Sonoma, Mendocino, Butte and Solano counties, various North Bay regions have also seen wildfires in 2018. A large wildfire in Mendocino and Lake counties...

Read More
Publication

Treasury Department Guidance Will Stimulate Opportunity Fund Investments

The Opportunity Zones Program (OZ Program) aims to infuse capital into low-income communities known as qualified opportunity zones (QOZs) by offering tax-advantaged investments benefiting electing Qualified Opportunity Fund (QOF) investors including: A temporary deferral...

Read More
Publication

Unpacking California Solar Taxation: What to Know During Development

Development of solar projects in California has been spurred by California’s renewable portfolio standard (RPS), which requires that 60% of retail electricity sales must be served by renewable resources by 2030 and requires all...

Read More
Publication

Navigating the Opportunity Zone Program

A new economic development tool created to stimulate investment in low-income communities known as “Opportunity Zones” has been attracting attention of investors, developers and business owners alike.  The Opportunity Zone Program emerged as part...

Read More
News

Farella Represents Morphe Founders in Sale to General Atlantic

Read More
Publication

Opportunity Zone Program Drives Investments to Low-Income Communities

Read More
Event

Women in Cleantech & Sustainability

Lysondra Ludwig will speak at Women in Cleantech and Sustainability's 6th Annual WCS Talks - a full day TED-Style event and startup pitch competition hosted by Google. Join her for her talk on "Women Decision Makers...

Read More
Event

CalCPA: Wine Industry Conference

Lauren Gilbreth will present the session "Succession Planning" at the CalCPA - Wine Industry Conference. The ever dynamic wine industry is fraught with complicated tax, labor and accounting issues. Please join us as we...

Read More