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Del. Justices Reverse BitGo-Galaxy Merger Suit Dismissal

Delaware's Supreme Court on Wednesday reversed the dismissal of a lawsuit that cryptocurrency wallet provider BitGo Holding Inc. filed against digital assets firm Galaxy Digital Holdings Inc., remanding the dispute over their broken $1.2 billion merger back to Chancery Court to resolve multiple "ambiguities." ....

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Del. Justices Reverse Chancery On Match.com Deal Fairness

Delaware's Supreme Court on Thursday undid a Chancery Court dismissal of a challenge to Match.com's 2019 reverse-spinoff from Barry Diller-controlled IAC Interactive, in a closely watched case rejecting the lower court's finding that Match had justified the use of a less onerous fairness test. ....

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Texas Pacific Fights Major Shareholders in Stock Decision Appeal

Major shareholders of Texas Pacific Land Corp. knew they were breaching their voting commitment in opposing a plan to issue new stock, an attorney for the Permian Basin land giant told the Delaware Supreme Court on Wednesday. ....

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Del. Supreme Court issues ruling in McGuiness appeal

Del. Supreme Court issues ruling in McGuiness appeal
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Delaware Supreme Court Challenged to Resurrect $1.2B Crypto Merger

BitGo Makes a Stirring Plea In a legal spectacle that could redefine the landscape of cryptocurrency mergers, BitGo, a leading provider of cryptocurrency wallets, took its fight to the Delaware Supreme Court on Wednesday, urging the justices to revive a disputed $1.2 billion merger deal with digital assets firm Galaxy Digital. Complex Regulatory Tug-of-War BitGo's ....

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