Doctor.com Acquired by Press Ganey
October 19, 2020
POTOMAC, MD. October 19, 2020 – Press Ganey recently announced the expansion of its health care consumerism platform with the acquisition of Doctor.com.
Timothy Bryan, Chairman of the Firm’s Commercial Finance Practice Group, provides his clients with creative and cost-effective solutions to their legal and business matters. During his 30-year legal career, Tim has amassed significant knowledge in the corporate finance arena, concentrating on commercial finance transactions ranging from $5 million to in excess of $500 million across a myriad of industries such as manufacturing and distribution, healthcare and biotech, telecommunications and IT, government contracting, media and marketing, cannabis and other business services.
Tim represents banks, commercial finance companies, debt funds, alternative capital providers, equity sponsors and portfolio companies in a wide range of senior and subordinated debt transactions from term sheet to final documentation. His expertise includes cash flow loans, asset-based lending, mezzanine finance and unitranche lending. He also advises private equity funds and middle-market companies in investments and acquisitions and works with lending professionals and in-house counsel to improve their internal forms and procedures for successful and efficient lending practices.
Tim also has significant experience in corporate bankruptcy matters, and represents lenders and other capital providers in workouts and restructuring of troubled loans, debtor-in-possession financing and cash collateral matters. His experience successfully navigating business bankruptcy cases gives him a 360-view of commercial finance transactions, which he uses to outline the potential risks of a transaction to his clients, enabling them to make well-informed decisions in both bull and bear economies. Clients appreciate that Tim helps them close transactions while effectively managing and mitigating risk.
Prior to joining Shulman Rogers, Tim was a partner at several international law firms including: Duane Morris LLP, where he was Chair of the Private Equity Finance Group; Patton Boggs LLP, as Co-Chair of the Finance and Bankruptcy Group; and DLA Piper LLP, where he was a corporate partner in the Finance and Emerging Companies Practice Groups. His experience as the general counsel of an international telecommunications company provides him with a unique perspective on challenges facing both lenders and borrowers.
Tim serves on the Global Board of Directors of the Association for Corporate Growth, and is a past president and board member of the organization’s Maryland Chapter. A 1991 graduate of the University of North Carolina School of Law, he was an editor of the North Carolina Journal of International Law and Commercial Regulation, and a summa cum laude graduate of North Carolina State University with degrees in both economics and business management.
Association for Corporate Growth
Turnaround Management Association
Commercial Lending Transactions
Mergers, Acquisitions, Asset Sales, and Joint Ventures
Restructurings and Loan Workouts
Bankruptcy Representations
October 19, 2020
POTOMAC, MD. October 19, 2020 – Press Ganey recently announced the expansion of its health care consumerism platform with the acquisition of Doctor.com.
June 10, 2020
The U.S. Congress recently passed the Paycheck Protection Flexibility Act (the “Amendment”), which was enacted on June 5, 2020. The Amendment modifies portions of the CARES Act related to forgiveness of Paycheck Protection Program loans (“PPP Loans”). NOTE: Shulman Rogers issued prior Alerts describing the PPP Loans generally and the general rules of forgiveness of PPP Loans.
May 26, 2020
May 26, 2020The SBA recently released its loan forgiveness application for the Paycheck Protection Program (“PPP”) under the The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Along with the application, the SBA has included instructions that provide additional guidance and resolve several questions related to the calculation of forgiveness of PPP loans.
May 8, 2020
UPDATE: The SBA provided the following updated guidance regarding the Safe Harbor deadline for borrowers. We expect revised interim final rules on this subject by early next week (given that Thursday is the deadline) and we will provide further updates as soon as possible.
May 5, 2020
Shulman Rogers’ attorneys, Paul O’Reilly and Timothy Bryan, recently joined Kyle Wade and Amy Miller of Payroll Network to present a webinar, Small Business Administration Loan Opportunities.
April 24, 2020
A central part of The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), enacted on March 27, 2020, has been the Paycheck Protection Program. Initially funded with $349 billion, an amendment to the CARES Act that would add another $310 billion in funding to this program was passed by the U.S. Senate on April 21, 2020, and the U.S. House of Representatives on April 23, 2020. Earlier today President Trump signed the amendment into law.
March 28, 2020
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was passed by the U.S Senate on March 25, 2020, and by the U.S. House of Representatives on March 27, 2020. President Trump has signed the bill into law and Steve Mnuchin, the U.S. Secretary of the Treasury, has indicated that the administration will move quickly to formulate rules implementing the legislation as early as April 3, 2020.
March 26, 2020
In response to the impact of COVID-19, the Small Business Administration (SBA) announced the availability of Economic Injury Disaster Loans. While some business owners may be tempted to complete the SBA loan application on their own, a single misstep during this part of the process can cause serious problems down the road.