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McDermott Will & Schulte

California Amends AB 1415, Bill That Expands OHCA’s Healthcare Transaction Review Authority

McDermott Will & Schulte on

The California Assembly amended Assembly Bill (AB) 1415 on April 24, 2025. The bill aims to bring healthcare investments by private equity groups and hedge funds more fully into the scope of the California Office of Health...more

Sheppard Mullin Richter & Hampton LLP

Update: AB 3129 Passes in California Senate and Nears Finish Line

Sheppard Mullin Richter & Hampton LLP on

After its passage in the California Senate on August 31, 2024, Assembly Bill No. 3129 (AB 3129) is now headed to Governor Newsom’s desk. As discussed in depth in our previous blog series on AB 3129, the legislation would...more

McDermott Will & Schulte

California AB 3129 Targets the Health Facility Transactions Approval Process

McDermott Will & Schulte on

On February 16, 2024, Assemblymember Jim Wood introduced Assembly Bill (AB) 3129, which targets healthcare consolidation involving private equity groups and hedge funds. The bill, if enacted, would require private equity...more

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