DLA Piper Can't Duck Hospital's Claims About Dodgy LBO

Law360, New York (July 10, 2014, 12:28 PM EDT) -- A federal judge on Wednesday refused to throw out breach of fiduciary duty claims leveled against DLA Piper by the trustee for Indiana-based Heartland Memorial Hospital LLC alleging that the firm helped insiders loot the health care system during a leveraged buyout that left it insolvent.

U.S. District Judge Theresa L. Springmann had dismissed the breach of fiduciary duty claims brought by Chapter 11 trustee David Abrams in June 2013 but ruled on Wednesday that an amended complaint sufficiently alleged that DLA Piper oversaw transactions between...
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