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Daily Business Review

'From the Ashes of Calamity': Lawyers React to Swift $997 Million Resolution of Surfside Condo Collapse Litigation

"Next time you hear someone disparage our profession, it is worth remembering some of the exceptional work done here."
8 minute read

Daily Business Review

Trump Sells Washington Hotel to Miami-Based Investor Group

CGI Merchant Group of Miami planned to remove the Trump name from the facade and rebrand the hotel a Waldorf Astoria.
2 minute read

Daily Business Review

Pfizer to Spend $11.6B on Migraine Treatment Maker Biohaven

Pfizer is starting to put its COVID-19 cash influx to use to venture deeper into a new treatment area.
3 minute read

Daily Business Review

Microsoft Has $1.3 Billion at Stake for Combat Goggles

Microsoft aims to develop a "heads-up display" for U.S. ground forces, similar to those for fighter pilots.
3 minute read

Delaware Business Court Insider

Chancery Suit Seeks Pause on Elon Musk's Twitter Acquisition

The crux of the complaint is that under Section 203, Musk is now considered an interested stockholder, and his takeover can't go through until 2025 unless two-thirds of other shareholders vote in favor.
2 minute read

Daily Business Review

Musk Secures $7.1 Billion in New Financing for Twitter

The equity commitments from 19 investors come as Elon Musk marshals capital to bankroll one of the biggest tech industry takeovers.
4 minute read

Daily Business Review

Spirit Still Prefers Bid From Frontier Airlines Over JetBlue

A Spirit-Frontier merger would combine the nation's two largest budget airlines and create the No. 5 U.S. carrier.
4 minute read

Daily Business Review

Musk Barred From Disparaging Twitter When Tweeting About Deal

Elon Musk is a prolific user of Twitter and has continued to post dozens of tweets during the buildup and aftermath to his buyout deal.
2 minute read

Daily Business Review

Musk's $21B Mystery: Where Will He Get Cash for Twitter?

One path for Elon Musk is finding like-minded investors who buy into his vision for Twitter to join him in his purchase.
4 minute read

New York Law Journal

When Is Part Performance 'Part Performance in Real Estate Cases'?

Adam Leitman Bailey and John Desiderio discuss the issue of "part performance," the doctrine of which can overcome the Statute of Frauds in circumstances when parties enter into unwritten deals and don't contemplate all the possible circumstances that might arise in the course of their dealings.
15 minute read

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