We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

1 Of 2 $220M Health Merger Suits Should Be Nixed, Judge Says

Law360, Wilmington (February 11, 2014, 9:49 PM EST) -- A Delaware federal judge recommended Tuesday throwing out Partners Healthcare Solutions Holdings LP's lawsuit to declare meritless contract breach claims brought by $220 million merger partner Universal American Corp., writing that the issues will be evaluated in another action where Universal accuses it of fraudulently inducing the deal.

U.S. Magistrate Judge Mary Pat Thynge also noted that the complaint by Partners Healthcare Solutions, also known as APSLP, was originally filed in the Delaware Court of Chancery as it was waiting for Universal to file a lawsuit...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.