Angiotech Accused Of Breaching Quill Merger Deal

Law360, New York (October 7, 2010, 4:40 PM EDT) -- A corporation affiliated with the founders of Quill Medical Inc. has launched a lawsuit and requested arbitration seeking to hold Angiotech Pharmaceuticals Inc., which purchased Quill in 2006, liable for failing to live up to its share of the merger deal.

Angiotech said Wednesday that QSR Holdings Inc. had made a formal demand to the American Arbitration Association to mediate the dispute. QSR also filed a lawsuit against Angiotech in the U.S. District Court for the Middle District of North Carolina on Oct. 1.

John Hansberry,...
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