Affiliation Dispute Threatens $2B St. Luke's Acquisition

Law360, Houston (May 17, 2013, 8:03 PM EDT) -- A high-value affiliate of Houston-based St. Luke's Episcopal Hospital on Thursday asked a Texas court to nullify its collaboration agreement with the hospital, creating a possible hurdle to Catholic Health Initiatives' planned $2 billion deal to acquire the system.

The Texas Heart Institute claims in the suit that St. Luke's has "starved" it of millions in funding it was promised under the agreement, denying it the "central benefit" of the affiliation, and asks the court to bring an end to the relationship, just one month after...
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