CEO Dropped From Creative Neuro Contract Suit

Law360, New York (October 12, 2009, 1:31 PM EDT) -- A judge has dismissed the former CEO of Innovative Spinal Technologies Corp. from a breach of contract lawsuit brought by Creative NeuroScience Applications LLC over IST’s alleged failure to hold up its end of a multimillion-dollar deal to develop technology for spinal screws and rods.

Following oral arguments at an Oct. 9 hearing, Judge David Hurd of the U.S. District Court for the Northern District of New York dismissed defendant and former IST CEO and President Scott Schorer from the contract dispute.

The defendants argued that...
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