McDermott Advising Wellpath on SDTX Bankruptcy
A Nashville-based healthcare services company that focuses on treating incarcerated inmates filed for Chapter 11 bankruptcy protection in Houston Monday, claiming more than $1 billion in liabilities and an equal amount in assets. Wellpath Holdings and about 40 of its affiliated companies, which served about 3,000 in 2023 and reported revenues of $425 million, filed for bankruptcy in the Southern District of Texas. The case has been assigned to Judge Alfredo Perez.

