Photo: Diego M. Radzinschi/ALM Latham & Watkins Secures Win in 'Busted Deal' Litigation Over Failed Telecom Merger
Manhattan Supreme Court Justice Andrew Borrok of the commercial division also found that Telefónica had been deprived of the full $623 million final purchase price on the date of the breach, and that plaintiffs were owed around $140 million in damages.
February 14, 2024 at 06:35 PM
2 minute read
Latham & Watkins on Tuesday secured a win on behalf of telecommunications client Telefónica, after a judge ruled that defendants improperly failed to close a merger worth more than $500 million.
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