Legal Opinion
Highland Crusader Offshore Partners, L.P. v. Lifecare Holdings, Inc.
District Court, N.D. Texas
Decided May 15, 2008No. 4:08-cv-00102PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM ORDER
JANE J. BOYLE, District Judge.
Before the Court is Plaintiffs Motion to Remand and Memorandum in Support (doc. 7). The Court DENIES the Motion to Remand for the reasons that follow.
I. Background
Defendant LifeCare Holdings, Inc. (“LifeCare”), which operates acute care hospitals in several states, is owned and operated by The Carlyle Group, a global private equity firm. (Pis.’ Pet. 5-6). On August 11, 2005, Rainier Acquisition Corp. purchased LifeCare for $552 million. (Id. at 6). Related to this transaction, Life-Care borrowed $255 million under a senior credit facility. (Id.).…
2Cases cited14 opinions
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- Howery v. Allstate Ins CompanyCourt of Appeals for the Fifth Circuit · 2001
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- Corporacion Venezolana de Fomento v. Vintero Sales Corp.Court of Appeals for the Second Circuit · 1980
- People of Puerto Rico v. Eastern Sugar AssociatesCourt of Appeals for the First Circuit · 1946
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