Casino To End Del. SPAC Suit Despite Hedge Fund Butting In
A casino company has agreed to settle its lawsuit in Delaware over a SPAC (Special Purpose Acquisition Company) deal, despite opposition from a hedge fund that has intervened in the case. The lawsuit, which centers around allegations related to the SPAC transaction, will be resolved without further litigation. The hedge fund's involvement, which raised concerns over the settlement terms, has not prevented the company from moving forward with the resolution.
https://www.law360.com/real-es....tate-authority/comme
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