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Chancery OKs $13M Concord SPAC Deal, Delays Fee Ruling

By Jarek Rutz ( December 11, 2025, 6:45 PM EST) -- Delaware Vice Chancellor Paul A. Fioravanti Jr. on Thursday approved a $13.08 million settlement resolving claims that Concord Acquisition Corp.'s insiders tried to divert a $20 million breakup fee to themselves after the SPAC's failed merger with cryptocurrency company Circle, but he deferred ruling on attorney fees until plaintiffs supply additional time records....

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