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Stradling

Surgery Center Secures Win in Arbitration Brought by Former Shareholder

Ramirez, M.D. v. Surgery Center

Defended ambulatory surgery center in arbitration against allegations of breach of shareholder’s agreement brought by former shareholder arising from shareholder’s resignation. Following a trial, the arbitrator ordered the former shareholder to sell his shares back to the surgery center on terms favorable to the surgery center and rejected the former shareholder’s demands for substantial prejudgment interest.