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Delaware Chancery Court declines to grant specific performance in a broken de-spac deal due to inherent limitations of the remedy | Allen & Overy LLP

Decision underscores the practical realities required for a court to enforce a specific performance clause, and the importance of having “clean hands” for parties to be eligible for. ....

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Judge Finds Double-Dealing in Proposed SPAC Merger Involving Casino

Chancery court Judge J. Travis Laster declined the request by a SPAC sponsor to force the casino to go through with a merger. ....

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US judge won't order Philippine casino merger to close

WILMINGTON, Delaware: The Philippines' largest casino, owned by an affiliate of Japan's Universal Entertainment Corp, does not have to complete a SPAC merger deal with 26 Capital Acquisition Corp of the US, a Delaware judge ruled on Thursday (Sep 7). Vice Chancellor Travis Laster said the affiliate that ow ....

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GGRAsia – Court says Okada Manila no need to complete SPAC merger

GGRAsia – Court says Okada Manila no need to complete SPAC merger
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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US judge won't order Philippine casino merger to close

WILMINGTON, Del., Sept 7 -
The Philippines largest casino, owned by an affiliate of
Japan s Universal Entertainment Corp, does not have. ....

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