The deep point of the stay in this case is to make the litigators go away. They have been punching each other in the face for months, because that is their job and because they enjoy it, but now they have to stop, so the deal lawyers can come back and actually close the deal. If you leave the litigators in charge of the closing, they will litigate everything. “We really punched them in the face over this closing memo,” they will say as they high-five each other. And then it will never get done.
Source: Matt Levine’s Money Stuff: Elon Musk Has Three Weeks to Change His Mind – Bloomberg
