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After losing lawsuit, Indianapolis cardiology practice may dissolve

 |  By HealthLeaders Media Staff  
   January 02, 2008

One of Indianapolis' oldest heart surgery practices is considering closing its doors to avoid paying off in full a large court judgment from losing a breach-of-contract lawsuit brought by a former partner. Cardiac & Vascular Surgery Associates is already in a Chapter 11 reorganization bankruptcy. The court awarded the former partner $480,853 in damages after a two-and-a-half-day trial. With interest the claim could top $1 million.

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