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Delaware Chancery Court Issues Delman Decision Potentially Increasing Scrutiny Of The Actions Of SPAC Sponsors And Boards - Directors and Officers

On January 4, the Delaware Chancery Court issued a second decision suggesting that SPAC sponsors and directors proceed with care in connection with de-SPAC transactions (and potentially future SPAC formation). ....

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Delaware Chancery Court Issues Delman Decision Potentially Increasing Scrutiny of the Actions of SPAC Sponsors and Boards | Katten Muchin Rosenman LLP

On January 4, the Delaware Chancery Court issued a second decision suggesting that SPAC sponsors and directors proceed with care in connection with de-SPAC transactions (and potentially. ....

United States , Michael Klausner , Michael Ohlrogge Emily Ruan , Avi Katz , Michael Ohlrogge Harold Halbhuber , Yalej Reg , Multiplan Corp , Motors Inc , Holdings In Delman , Court Held The Current Method , Financial Holdings , Delaware Chancery Court , Stockholders Litig , Chief Executive Officer , Executive Chairman , Gigcapital Global , Sponsor Katz , Court Held , Current Method , Professor Michael Klausner , Klausner Valuation Methodology , Transactions With Decoupled Shareholder , Recommended Best , Michael Ohlrogge , Harold Halbhuber , Cash Per Share ,