Appellate court denies Howard Stern $300M bonus he claims he's owed from the Sirius-XM merger
: Howard Stern cannot collect the king’s ransom he says he’s entitled to from Sirius XM Radio, a state appeals court ruled Thursday.
Unless he can find a different theory under which to proceed, I'd say Stern's lawsuit is effectively dead.
This was a unanimous decision from the appeals court and it upheld a "summary judgement" ruling, meaning that the lower court dismissed his case without even needing a trial. Both the lower court and the appeals court held that a "plain reading" of the contract meant that Stern's claims were invalid.
I wonder if he'll reconsider taking over for Fallon now?