Chancery Denies Dismissal Of $1.3B Paysafe De-SPAC Suit

By Jeff Montgomery (January 30, 2024, 10:15 PM EST) -- A stockholder challenge to the blank-check company deal that took payment platform Paysafe Group public in 2021 survived dismissal arguments Tuesday, in a from-the-bench Delaware's Court of Chancery finding that the case raised reasonably conceivable disclosure claims about the $1.3 billion deal....

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