Casino Ends SPAC Suit, Hedge Fund Pushes Back

A casino company has decided to settle its ongoing SPAC lawsuit, despite opposition from a hedge fund that has actively pushed back against the resolution. The lawsuit, which involves a special purpose acquisition company (SPAC), has drawn significant attention due to the hedge fund's involvement in challenging the settlement terms. As the situation unfolds, both parties remain at odds over the final outcome, with the hedge fund continuing to resist the proposed settlement.

https://www.law360.com/article....s/1790670/casino-to-

Casino To End Del. SPAC Suit Despite Hedge Fund Butting In - Law360
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Casino To End Del. SPAC Suit Despite Hedge Fund Butting In - Law360

A New York hedge fund that helped draft a failed $2.6 billion deal to take a casino in the Philippines public by merging with a special-purpose acquisition company is now trying to intervene in the company's Delaware lawsuit against the casino