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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

Daily Business Review

United Makes 'Conditional' Order for Electric Air Taxis

United thinks that in a few years, plenty of big-city customers will pay $100 or more for a one-way ride to the airport in a four-seat, electric-powered air taxi.
2 minute read

Delaware Business Court Insider

Partial Access to Slack, Text Messages Granted in Twitter, Musk Discovery Row

Chancellor Kathaleen McCormick's decisions are both clear that Twitter has taken the brunt of the discovery workload while Musk has at times fallen short.
4 minute read

Daily Business Review

Banks Begin $4.5B Citrix Loan Sale in High-Profile Deal

Banks have been struggling to offload $15 billion of debt commitments that they agreed to provide in January to help finance the buyout of Citrix Systems Inc. by Vista Equity Partners and Elliott Investment Management.
3 minute read

Daily Business Review

Musk Cites Whistleblower as New Reason to Exit Twitter Deal

In a filing with the U.S. Securities and Exchange Commission, Elon Musk said his legal team notified Twitter of "additional bases" for ending the deal on top of the ones given in the original termination notice issued in July.
3 minute read

Daily Business Review

Holland & Knight Team Advises South Florida Company in $500 Million Deal With PepsiCo

This deal was surfaced on Law.com Radar. Read about it here.
1 minute read

Delaware Business Court Insider

'Lame Rationales': Twitter Shareholder Lawsuit Challenges Musk's Stated Reasons for Abandoning Acquisition

The class action complaint, filed by Prickett, Jones & Elliott and Scott+Scott, states that the shareholders, not Twitter as an entity, have the most to lose if the merger doesn't go through, with the board recognizing repeatedly that the deal is for shareholders' benefit.
3 minute read

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

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