Legal Green Light: Okada Manila Authorized to Ditch SPAC Deal
Okada Manila has secured a significant legal victory as the court ruled in its favor, authorizing the termination of its proposed merger with a special purpose acquisition company (SPAC). The decision marks a turning point in the ongoing dispute, allowing the Philippine-based integrated casino resort to walk away from the SPAC deal without legal repercussions. The ruling reinforces Okada Manila’s strategic autonomy and may reshape its future plans for public listing and expansion.
https://www.casino.org/news/ok....ules-delaware-judge/
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