Oracle Fights $75M Spheris Sale To MedQuist, CBay

Law360, New York (March 23, 2010, 3:26 PM EDT) -- Oracle America Inc. has objected to the $75 million proposed sale of bankrupt medical technology provider Spheris Inc. to MedQuist Inc. and CBay Inc., saying it wants the court to deny any provision that would allow for the unauthorized transfer of its software.

Oracle, a unit of Oracle Corp., said in a motion filed Monday in the U.S. Bankruptcy Court for the District of Delaware that it has not been given access to the transition services agreement among MedQuist, CBay and Spheris. Oracle wants to reserve...
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