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Daily Business Review

JetBlue Agrees to Buy Spirit for $3.8B After Bidding War

The agreement came one day after Spirit's attempt to merge with fellow budget carrier Frontier Airlines fell apart.
5 minute read

Daily Report Online

Camden County Sues Union Carbide to Force Land Sale for Spaceport

County commissioners said in a statement Thursday that Union Carbide Co.'s refusal to sell the property, if allowed to stand, "will cause the County the loss of the Spaceport Project as well as an enormous financial loss in excess of $11 million."
3 minute read

Daily Report Online

Georgia Spaceport Land Deal Is Off, Site Owner Says

"If Union Carbide doesn't sell the property to Camden County, then there's no site for a spaceport," said Megan Desrosiers, president of the coastal Georgia conservation group One Hundred Miles.
3 minute read

Daily Business Review

Summer Airfares Show Signs of Peaking on Inflation Pressure

Airlines had been raising fares this year in part to capitalize on a surge in demand as people resumed travel in the wake of the pandemic.
3 minute read

The Recorder

'Your Firms Stain Themselves': California Judge Criticizes Quinn Emanuel, Gibson Dunn Attorneys for Disputes in 'Wisk' Trade Secrets Case

A federal judge rebuked attorneys from Quinn Emanuel and Gibson Dunn for discovery-related disputes in the trade secret case between Wisk Aero and Archer Aviation.
4 minute read

Daily Business Review

Frontier Airlines Says It Lacks the Votes for Spirit Merger

Frontier's chief executive officer said that his airline is "very far" from winning approval by Spirit shareholders, who are weighing a higher-priced buyout offer from JetBlue Airways.
2 minute read

Corporate Counsel

Denver Airport Replaces General Counsel Accused of Slapping Colleague

Denver International Airport, the world's third-busiest airport, is turning to an insider to fill a vacancy caused by the abrupt January resignation of Scott McCoy.
2 minute read

Daily Business Review

Merger Vote at Spirit Could Reshape Discount Airline Market

Spirit is the largest budget airline in the United States, but its days as a stand-alone company appear numbered.
6 minute read

Daily Business Review

JetBlue's Revised Spirit Offer Wins Backing From Investor TIG

Spirit Airlines' board has rejected JetBlue's offers repeatedly, saying the combination would be blocked by federal antitrust enforcers.
3 minute read

Delaware Business Court Insider

Will: Litigation Over Deadlocked Aerospace Co. Board Underscores Corporate Neutrality Requirement

Vice Chancellor Lori Will called the litigation pitting one half of Aerojet Rocketdyne Holdings' board against the other a cautionary tale for other corporations with an even number of directors. Two factions, one led by executive chairman Warren Lichtenstein and the other by president and CEO Eileen Drake, could not agree on a slate of nominees to the board.
3 minute read

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