The California legislature has introduced a bill that would implement some of the same restrictions on private equity health care investments as last year’s AB 3129....more
On Saturday, September 28th, Governor Newsom vetoed AB 3129, which would have required pre-closing notice to and, in some instances, approval by the California Attorney General for a wide range of private equity health care...more
This month, California lawmakers progressed in making changes to AB 3129, the bill proposing to give the California Attorney General (“AG”) approval authority over certain private equity and hedge fund investments in the...more
The California legislature is considering a bill that could severely impact the ability for private equity companies and hedge funds to operate in the California health care industry. AB 3129, introduced by Assembly Member...more
4/1/2024
/ Acquisition Agreements ,
California ,
Healthcare ,
Hedge Funds ,
Investment ,
Investors ,
Life Sciences ,
Merger Agreements ,
Merger Controls ,
Private Equity ,
Private Equity Funds ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform
On December 18, 2023, California’s Office of Administrative Law (“OAL”) approved the final regulations implementing the health care transaction reporting requirements of the Office of Health Care Affordability (“OHCA”). The...more