A post-IPO BuzzFeed Inc. and its management can’t be bound to an arbitration clause in employee contracts that were signed before the company was acquired by an SPAC, Vice Chancellor Morgan Zurn has decided.

The decision granted partial summary judgment to BuzzFeed and its executives, who earlier this year asked the court to put a stop to arbitration with a total of 91 current and former employees whose pre-transaction BuzzFeed stock was converted automatically when the company was acquired.

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