The Delaware Supreme Court has been tasked with untangling SEC guidance and accounting standards wrapped into contract interpretation, with counsel for BitGo Holdings Inc. arguing the company deserves a chance to litigate its broken deal case with a record-breaking price tag.

BitGo filed its case in September 2022, seeking $100 million for a busted $1.2 billion merger. The termination fee in that complaint is thought to be the largest ever requested by a cryptocurrency company.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]