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Farlie Turner’s Special Situations Group Completes Sale of The Miami Medical Center in Chapter 11

By: Farlie Turner - Date: 02/20/2019

FORT LAUDERDALE, Fla. (February 20, 2019) – Farlie Turner & Co., LLC (“Farlie Turner”), a leading investment bank serving middle market companies, announced today that its Special Situations Group represented Miami International Medical Center, LLC (dba The Miami Medical Center, LLC (“TMMC” or the “Company”) as its exclusive advisor in its sale to Variety Children’s Hospital (“VCH,” dba Nicklaus Children’s Hospital) under Section 363 of the U.S. Bankruptcy Code.

Based in Miami, Florida, TMMC is a short-term acute care hospital that historically focused on surgical procedures and labor and delivery. The hospital includes 68 luxury patient suites, as well as nine operating rooms, four labor and delivery rooms, three Cesarean rooms, a full scale imaging department and inpatient pharmacy and laboratory. It opened in 1963 and operated for many years as Pan American Hospital.

“We are very pleased to have had the opportunity to represent TMMC and to work collaboratively with the other estate professionals in this case, particularly Peter Russin and Daniel Gonzalez of Meland Russin & Budwick, as well as the professionals representing VCH and the Committee of Unsecured Creditors,” commented Scott Saunders, a Managing Director of Farlie Turner. In addition to Mr. Saunders, who led the transaction, Farlie Turner’s transaction team included Steve Zuckerman, Chris Calton, Daniel Vetrano, and Nathan Zivanic.

About Farlie Turner’s Special Situations Group
Farlie Turner's Special Situations Group specializes in representing underperforming and financially distressed companies. This Group complements Farlie Turner's traditional investment banking practice, which focuses on serving growth-oriented middle market companies. Farlie Turner and its affiliate Bayshore Partners, LLC, a broker-dealer registered with the FINRA, provide merger and acquisition, private placement, and financial advisory services. Please visit www.farlieturner.com for more information.

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