California Atty. Gen. Rob Bonta abruptly pulled out of a planned mediation session Monday to seek a resolution to the antitrust lawsuit that has stalled Paramount\u2019s blockbuster $111 billion merger with Warner Bros. Discovery.<\/p>\n
Bonta, in a statement, cited Paramount\u2019s alleged leaking and misrepresenting information the two sides discussed during a preliminary session Friday. <\/p>\n
Representatives of Bonta and Paramount Skydance came together late last week to set ground rules for Monday\u2019s meeting, which was to involve Paramount Skydance Chief Executive David Ellison. <\/p>\n
One of the rules had been confidentiality of the mediation process.<\/p>\n
\u201cI have pulled down this meeting,\u201d Bonta said in a statement. \u201cAs I have said before, generally for all cases, I prefer to resolve disputes in the boardroom, not the courtroom. As I\u2019ve also said, if the opposing party in litigation wants to meet in good faith to make a sincere effort to resolve the case.\u201d<\/p>\n
Bonta went on to say \u201cNot only did Paramount leak the alleged substance of the settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith.<\/p>\n
\u201cAs soon as Paramount stops playing games and engages sincerely, my office is happy to meet again.\u201d<\/p>\n
This is a developing story.<\/p>\n","protected":false},"excerpt":{"rendered":"California Atty. Gen. Rob Bonta abruptly pulled out of a planned mediation session Monday to seek a resolution…\n","protected":false},"author":2,"featured_media":86306,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9610,7,9,8,1436,175126,175125,175124,1776,175123,16976,6336,175128,11291,175127,3025,26368],"class_list":["post-442024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-california","tag-bonta","tag-california","tag-california-headlines","tag-california-news","tag-case","tag-discovery-deal","tag-good-faith","tag-ground-rule","tag-information","tag-mediation-session","tag-meeting","tag-paramount","tag-preliminary-session-friday","tag-representative","tag-settlement-discussion","tag-statement","tag-warner-bros-discovery"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/442024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=442024"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/442024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/86306"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=442024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=442024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=442024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}