Former Vice President Al Gore and business partner Joel Hyatt have filed a lawsuit against Al Jazeera on charges of fraud and material breaches in their acquisition of Current Media, POLITICO has learned.
Gore and Hyatt, the co-founders of Current Media, say that Al Jazeera has unlawfully refused to turn over tens of millions of dollars currently located in an escrow account. That money is owed to Current Media shareholders per the terms of the $500-million merger agreement made in January 2013, the plaintiffs say.
The lawsuit was filed Friday morning by David Boies, attorney for Al Gore and Joel Hyatt, in the Delaware Court of Chancery. (Boies also represented Gore in the 2000 Florida election recount battle against George W. Bush.)
Need mor popcorn (Al Gore Edition)
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Chicken Little
- Merry Man
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Need mor popcorn (Al Gore Edition)
“The Arctic will be ice-free in 5 years”
- Al Gore, December, 2008
In this case, use of the more technically “correct” term is actually less likely to convey the key implications to a lay audience.
- Michael Mann, SEEDMAGAZINE.COM May 30, 2009
- Al Gore, December, 2008
In this case, use of the more technically “correct” term is actually less likely to convey the key implications to a lay audience.
- Michael Mann, SEEDMAGAZINE.COM May 30, 2009