We represented the plaintiffs who sold their medical billing business to MediGain and had not received the remainder of the consideration for the transaction. As required under the Asset Purchase Agreement, we notified MediGain of the dispute pursuant to the indemnification procedures outlined in the agreement. After several months of negotiation, we ultimately filed suit in Dallas County, Texas on September 28, 2014, for breach of contract and fraud. Within a week, MediGain capitulated, and settled the matter with our clients for several million dollars – significantly more than our clients had offered in writing to settle the dispute for before retaining our firm.
