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Litigation

Aug. 5, 2003

DVI Wins Hotly Contested Lawsuit Against MedCap

DVI Business Credit Inc. has won a $20 million judgment in a hotly contested breach-of-contract case between the Newport Beach-based lender and one of its clients, MedCap Credit Co. LLC of Oregon.

By Joan Osterwalder
        DVI Business Credit Inc. has won a $20 million judgment in a hotly contested breach-of-contract case between the Newport Beach-based lender and one of its clients, MedCap Credit Co. LLC of Oregon.
        MedCap sued DVI in March 2000, alleging among other claims that the lender breached a 1998 agreement.

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