September 30, 2022
A New Jersey federal jury determined Friday that Cooper Health System could not recoup a $15 million deposit it paid before terminating its proposed acquisition of two hospitals from a Trinity Health subsidiary because it had failed to notify that entity about alleged problems with the deal.
December 15, 2021
A New Jersey federal judge has said jurors should decide The Cooper Health System's bid to recoup a $15 million escrow fee it paid before walking away from a deal to buy two hospitals from a Trinity Health subsidiary, a question that largely hinges on whether Cooper provided adequate notice of purported issues with the transaction.