BitGo’s $100 million lawsuit against Galaxy can continue – Delaware Supreme Court
After be rejected by THE Delaware Court of Chancellery In 2023, THE States supreme court governed THE definition of THE merger agreement between BitGo And Galaxy was "ambiguous."
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Collect This article as NFT Join We on social networksfrom Delaware Supreme Court has reversed A decision Since A lower court that rejected A $100 million trial brought by BitGo against Galaxy Digital following A failed acquisition.
In A Can 22 deposit, THE Supreme Court of THE State of Delaware said language In THE BitGo-Galaxy Digital $1.2 billion merger agreement — which THE last finished In August 2022 — was "ambiguous." THE State supreme court concluded that he would be reverse THE Delaware Chancellery Courts decision "For THE consideration of such extrinsic evidence as can be appropriate has solve This ambiguity. »
![](https://s3.cointelegraph.com/uploads/2024-05/21867b67-2274-4ffc-ac42-926d544640de.png)
![BitGo’s $100 million lawsuit against Galaxy can continue – Delaware Supreme Court](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvMDYyNzZjYjItMWE3YS00ZjYxLWFlOTAtYjdkZGI1MWM4N2RiLmpwZw==.jpg?#)
After be rejected by THE Delaware Court of Chancellery In 2023, THE States supreme court governed THE definition of THE merger agreement between BitGo And Galaxy was "ambiguous."
Own This piece of crypto story
Collect This article as NFT Join We on social networksfrom Delaware Supreme Court has reversed A decision Since A lower court that rejected A $100 million trial brought by BitGo against Galaxy Digital following A failed acquisition.
In A Can 22 deposit, THE Supreme Court of THE State of Delaware said language In THE BitGo-Galaxy Digital $1.2 billion merger agreement — which THE last finished In August 2022 — was "ambiguous." THE State supreme court concluded that he would be reverse THE Delaware Chancellery Courts decision "For THE consideration of such extrinsic evidence as can be appropriate has solve This ambiguity. »
![](https://s3.cointelegraph.com/uploads/2024-05/21867b67-2274-4ffc-ac42-926d544640de.png)
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