Delaware Chancery Court Refuses To Stay SPAC Class Action, Highlighting The Court's Interest In SPAC Issues—and The Risk Of Duplicative State And Federal SPAC Litigation - Corporate/Commercial Law
On March 7, 2022, the Delaware Chancery Court denied a motion to stay a putative class action pending the resolution of a federal securities class action, notwithstanding that the federal action was first-filed and...
Source: mondaq.com