Fort Lauderdale Marketing Company Files Chapter 7
A company that handled marketing for the Florida-based Strax Rejuvenation plastic surgery center has filed for Chapter 7 bankruptcy. SRAI Inc. listed $3.3 million in debt, including several medical malpractice claims, on its bankruptcy petition.
Chapter 7 filings are common after a company goes through litigation, because it stops all current court actions against the organization. Strax has been hit with several lawsuits in the past few years, and the death of patients there made it the subject of a Broward Palm Beach New Times cover story.
A total of four patients died after procedures there from 2008 to 2011. One woman died of a fat embolism when a glob from the fat transfer surgery known as the “Brazilian butt lift” entered her bloodstream and clogged an artery, killing her.
Another woman died 12 hours after surgery from a lethal dose of narcotics, which the surgeon’s attorney argued was due to the woman taking additional narcotics before surgery. A third patient developed respiratory and heart problems following a neck and eyelid surgery and died three days later at a local hospital.
Strax officials say their mortality rate is in line with the national average, but clients may not be buying that claim. While Strax and SRAI made $15.8 million in 2011, their earnings were down to $13.4 million in 2012 and a mere $80,678 in 2013.
Founder Jeffery Davis says that the surgery center remains operational and is continuing to conduct business. However, the marketing arm is being shut down.
Contact The Law Office of Kelley, Fulton & Kaplan to discuss your bankruptcy options with a qualified personal bankruptcy attorney in Florida.