LabCorp Sues Cardinal Over $74M Lab Sale Pact

Law360, New York (September 2, 2010, 6:57 PM EDT) -- Laboratory Corp. of America has accused Cardinal Health Systems Inc. and its affiliates of breaching a noncompetition agreement in connection with the plaintiff's $74 million purchase of Indiana-based laboratory business PA Labs LLC.

LabCorp claims that Cardinal and fellow defendants Ball Memorial Hospital, Clarian Health Partners and Clarian Pathology Laboratories have “destroyed, injured and impaired plaintiff's right to receive the fruits of both the noncompetition agreement and the asset purchase agreement” through their conduct, according to a complaint filed Thursday in the U.S. District Court for...
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