Paramount asks states to put up $1.88 billion bond in attorneys general lawsuit
- A Sept. 24 hearing will address Paramount Skydance’s request for the states involved in the lawsuit to post a $1.88 billion bond during the proposed Warner Bros. Discovery merger litigation.
- California Attorney General Rob Bonta is leading 12 states seeking to block Paramount Skydance’s acquisition of Warner Bros. Discovery.
- Paramount Skydance argues that delays in the lawsuit could cost it at least $1.88 billion and has asked Judge Araceli Martinez-Olguin to require the states to post that amount.
- The U.S. Department of Justice supports Paramount Skydance’s bond request, while Bonta’s office said it stands behind its legal briefing.
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Paramount asks states to put up $1.88 billion bond in attorneys general lawsuit
(The Center Square) – A hearing has been scheduled for Sept. 24 involving a bond request from Paramount Skydance amid its legal battles over a proposed merger with Warner Bros. Discovery that could put state governments on the hook for…
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The post Trump’s DoJ Supports his Buddy David Ellison’s Bond Demand in its Antitrust Fight with States appeared first on Graphic Policy. The Department of Justice have filed to support Paramount's demand for a $1.88 billion bond from a dozen states and the Writers Guild of America
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