McGuireWoods Denies Representing Bankrupt Hospital In LBO

Law360, New York (February 20, 2013, 9:22 PM EST) -- McGuireWoods LLP on Wednesday urged an Indiana federal judge to dismiss a bankrupt hospital's malpractice suit stemming from a leveraged buyout by a private equity firm, saying the firm never represented the hospital and has no possible liability.

The firm, which represented Heartland Memorial Hospital LLC's parent iHealthcare Inc. in a 2006 LBO that allegedly proved disastrous for the hospital, is seeking the dismissal of an amended complaint that Heartland trustee David Abrams filed against it. U.S. District Judge Philip P. Simon had nixed the original...
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