Lawsuit Filed by 26 Capital Over Okada Manila's Merger Hold-Up

26 Capital, a proposed SPAC partner for Okada Manila, has initiated legal action against the resort's entities, alleging delays in advancing their planned merger. The lawsuit claims that Okada Manila's failure to act promptly has caused significant setbacks, putting the deal at risk. 26 Capital is seeking legal remedies to address the breach and push forward with the merger process.

https://www.asgam.com/index.ph....p/2023/02/07/propose

Proposed SPAC partner 26 Capital files lawsuit against Okada Manila entities for failure to promptly act on merger – IAG
www.asgam.com

Proposed SPAC partner 26 Capital files lawsuit against Okada Manila entities for failure to promptly act on merger – IAG

The US-based Special Purpose Acquisition Company (SPAC) that has been planning a merger with the operating entities of Philippines integrated
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