Yahoo Acquirer's leadership provided no vision, no structured, documented and vetted strategic path forward, and no assurances as to a commitment of the resources necessary to improve Yahoo Search such that it would meet” and then some more redaction cuts in.
In other words, Verizon did not Californicate. Why this does not surprise me.
In any case if Verizon forgot to pay the contractual sums it was obliged to pay it is an open and shut case.