Merge Healthcare Exits Coverage Fight Over $3M Award

Law360, New York (September 8, 2011, 12:53 PM EDT) -- An Illinois federal judge on Wednesday allowed Merge Healthcare Inc. to walk away from a suit brought by an insurer to avoid footing the entire $3.17 million award in securities litigation against a company Merge recently acquired, leaving its new subsidiary as the sole defendant.

In its federal court suit against Merge and its subsidiary Merge Healthcare Solutions Inc. — formerly known as Amicas Inc. — Carolina Casualty Insurance Co. contends that it only owes about $652,700 of a nonmultiplied portion of attorneys' fees, costs and...
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