Texas High Court Rebuffs Injunction Against Hospital Buys

Law360, Dallas (October 18, 2013, 8:25 PM ET) -- The Texas Supreme Court on Friday declined to hear a health care group’s argument that a trial judge correctly barred its competitor from buying certain hospitals in a dispute over whether the group’s former executives used trade secrets to develop a target acquisition list.

Cornerstone Healthcare Group Holdings Inc., which has accused four former executives of usurping the company’s opportunity to buy Reliant Hospital Partners LLC and giving it to private equity firm Nautic Partners LLC, had argued that a trial judge rightly stopped Nautic from...
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