Wegner Law PLLC advises client in $2.2 million sale of business

P. Christopher Wegner, Managing Attorney, Wegner Law PLLC, advised owners of a property management company on how best to sell their business to a publicly traded acquirer. This advice not only ensured that the clients received the most value from the sale of their business but also helped the clients significantly reduce their tax liabilities from the sale.

Mr. Wegner handles business sales and acquisitions for businesses of all sizes and in a variety of different fields. Whether advising in a $150 million purchase by a publicly traded agricultural concern or a $150,000 sale of an accounting practice, Mr. Wegner brings years of experience in law and in real world business to every deal. This combination of expertise and experience allows Mr. Wegner to deliver the best possible value to clients in any transaction.

For more information or to learn what Wegner Law PLLC can do for you, contact Mr. Wegner at (239) 449-9200.

Physician non compete after 21st Century Oncology Inc.

Earlier this month, 21 Century Oncology Inc. (“21st”) lost in its bid to obtain a preliminary injunction against House Bill 843 (the “Bill”). Among other health related changes, the Bill retroactively nullifies physician non compete provisions when the employer is the “sole” provider of a specialty in the relevant geographic area. While the language in the relevant amendment to the Bill uses the word “sole,” the provision would apply to groups that dominate the market even if there were competitors in the area.

The Bill is currently in the Florida senate where it appears to gaining support. Should the upper house of the state legislator pass the Bill, it would go to the governor for signature. If the Bill does make it to the governor’s desk, look for the Bill to become law sometime later this year or early next.

Physicians that are looking to leave their current group but are unsure about non-compete provisions should know that non-compete clauses are disfavored in Florida and doctors have a number of different options, in addition to the Bill, to invalidate a non-compete.

If you are interested in learning more, call or email us today at 239.449.9200 or cwegner@wegnerlawfirm.com.

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