Paramount's Billion Dollar Bond Demand: A Recipe for Disaster? The latest twist in the high stakes battle between Paramount and the states/WGA involves a motion to require plaintiffs to post a $1.
9 billion bond, covering potential losses if the antitrust lawsuits are successful. This move has all the makings of a dramatic kitchen sink drama – but will it cook up a recipe for disaster?
Paramount's argument that the court approved order not to close the merger inflicts substantial costs on the company is hard to refute.