Hospital Obtains Arbitration Award of Nearly $8 Million in Damages and Interest
Lash & Goldberg LLP represented a South Florida hospital in a federal lawsuit brought by Aptium Oncology, the manager of the hospital’s outpatient cancer center and an affiliate of AstraZeneca LLC. The manager asserted claims for breach of a management services agreement, tortious interference and unfair and deceptive trade practices, and sought more than $50 million in damages from the hospital. The hospital compelled the matter to arbitration, and filed its own claims for damages against the manager for breach of contract.
After a lengthy arbitration before a retired state trial and appellate judge, the hospital prevailed on its claims, obtaining an award of nearly $8 million in damages and interest, plus costs and attorney’s fees. The hospital also defeated and obtained a final award in its favor on all of Aptium Oncology’s claims. The final arbitration award was confirmed through a final judgment entered by a United States District Court. Partners Alan Lash, Martin Goldberg and Justin Fineberg received the Daily Business Review/ALM Media’s Most Effective Lawyer Award for their work on the case.