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Daily Business Review

What About Broward? This Less-Popular County Holds Development Opportunities, But Miami-Dade and Palm Beach Have the Spotlight

Despite being the least-popular pick, real estate experts say Broward has many opportunities for growth and development. The question is: can it leverage its unique strengths to its advantage?
6 minute read

Daily Business Review

Spirit Airlines Shareholders Approve $3.8B Sale to JetBlue

JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation's biggest budget airline.
4 minute read

Delaware Business Court Insider

Yoga Studio Chain Asks Supreme Court to Reverse Specific Performance Order

The Court of Chancery typically opts to steer away from mandating closure of a deal, making an order for specific performance uncommon.
3 minute read

Daily Business Review

Murdoch Plan for Empire Pushes Fox Down Most Since 2020

Rupert Murdoch, the 91-year-old patriarch of the global media empire, is seeking to reunite the parent of Fox News with that of the Wall Street Journal and the New York Post.
5 minute read

Delaware Business Court Insider

Court Orders Twitter to Respond in Case for Oversight, Musk Deal Records

The order is the latest development in a relatively busy week for the trio of distinct Chancery cases concerning the deal and Twitter's disclosure of user metrics, all of which are on Chancellor Kathaleen McCormick's docket.
3 minute read

Delaware Business Court Insider

Twitter-Musk Trial Delayed as Parties Get 3 Weeks to Close Renewed Acquisition Deal

Elon Musk's motion stated as he's now seeking to close on the terms of the original merger agreement, there's no need for a trial seeking the same outcome while delaying payouts to Twitter shareholders.
2 minute read

Delaware Business Court Insider

Merger of Sugar Refiners Survives Biden Administration's First Antitrust Suit

U.S. District Judge Maryellen Noreika found the acquisition of Imperial Sugar Co. by ex-rival U.S. Sugar Corp. doesn't violate Chapter 7 of the Clayton Act. The decision was a win for litigation teams led by Cravath, Swaine & Moore and Latham & Watkins.
2 minute read

Daily Business Review

Equestrian Dispute Rides on Rarely Cited Florida Statute

"The buying and selling of show horses is a unique type of business and what you go on a lot of times are your own talents and your own gut instincts on what you can do with a horse," said Christine R. Davis of Davis Appeals.
4 minute read

Delaware Business Court Insider

'The Contract Is Clear': Musk Attorney Argues Agreement States Twitter Shareholders Can't Sue

Representing Elon Musk, Ed Micheletti of Skadden Arps Slate Meagher & Flom said Twitter shareholders were neither third-party beneficiaries and that claim, along with one for breach of fiduciary duty, should be dismissed.
3 minute read

Daily Business Review

Warren Urges DOT to Block JetBlue's $3.8 Billion Spirit Deal

U.S. Sen. Elizabeth Warren contends that the elimination of Spirit, a low-cost carrier, would likely lead to higher airline ticket prices, particularly in places where Spirit and JetBlue overlap.
2 minute read

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