Texas Court Clears PE Funds In $45M Hospital Buy Suit
By Jess Krochtengel ( June 9, 2014, 6:50 PM EDT) -- A Texas appeals court held Thursday that three subsidiaries of private equity fund Nautic Partners LLC can't be sued in Texas for their alleged role in a trade secrets dispute with Cornerstone Healthcare Group Holdings Inc. accusing them of usurping an opportunity for a $45 million hospital chain buy....
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