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CASH HELD IN ESCROW
12 Months Ended
Dec. 31, 2018
CASH HELD IN ESCROW  
CASH HELD IN ESCROW

7.     CASH HELD IN ESCROW

 

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

    

December 31,

 

 

2018

 

2017

 

2016

Cash held in escrow

 

 —

 

 —

 

$

70,000,000

 

The Company placed $70 million into a joint escrow account to partially cover the damages awarded against the Company in its primary U.S. litigation with CardiAQ.  On November 13, 2017, the final mandate of the court was issued and approximately $70 million was released from escrow to CardiAQ to partially settle the approximately $112 million damages and interest awards.