Court Backs Okada Manila in SPAC Deal Dispute

A Philippine court has sided with Okada Manila in a closely watched legal battle, granting the casino and resort operator the right to terminate its proposed merger with a U.S.-based special purpose acquisition company (SPAC). The decision marks a significant legal win for Okada Manila, which had raised concerns over the terms and conditions of the deal.

https://www.casino.org/news/ok....ada-manila-can-end-s