Quibi Legal Fight With Eko, Hedge Fund Elliott Management Gets Personal

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Quibi winked offline in December, most of its employees have been let go and Roku now owns Quibi’s content library. But Jeffrey Katzenberg and Meg Whitman’s ill-fated video streamer is …

In the latest drama in the legal spat, Quibi alleges that Paul Singer, Elliott’s founder and co-CEO, may be mainly interested in backing the Eko suit because his girlfriend’s son works there.

“Although media coverage has suggested that Elliott brings gravitas and a rigorous analysis to its litigation investments, Elliott’s motivation for involvement in the lawsuit appears personal,” Quibi’s filing says. In a motion this week to quash Quibi’s discovery requests in the case, Eko argued that the information Quibi is requesting is protected under attorney-client privilege and that Quibi’s requests are overly broad.streaming rights to more than 75 shows to Roku

Eko is suing Quibi over Turnstyle, the technology Quibi used to determine the orientation of a viewer’s phone and present content in the appropriate mode. The Turnstyle assets weren’t part of the Roku deal and Quibi has set up a holding company to handle the litigation with Eko and the potential sale of the Turnstyle assets.

 

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