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Group Files for Bankruptcy After Lawsuit

A South Florida medical practice has filed for Chapter 11 reorganization after it was unable to make a payment in a malpractice lawsuit settlement, according to the South Florida Business Journal.

South Florida Multispecialty Associates made the June 12 filing in federal bankruptcy court in reaction to a medical malpractice plaintiff won a garnishment on the company’s accounts, the Business Journal reports.

The 50-employee company was unable to come up with $100,000, the first part of a $250,000 settlement announced in May, the Business Journal reports.

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.