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With all the SPAC activity and scrutiny over the past several years, it was only a matter of time before the Delaware courts had an opportunity to weigh in on SPAC stockholder...
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. As a result of the recent decision in Delman v. Gigacquisitions3, LLC, et al.
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...
Delaware coporate law overview, incl stockholder franchise and takeover activities, contractual provisions in Mergers Acquisitions documents, Delaware Court of Chancery litigation, DE executive compensation, insurance litigation in Delaware, DE corporate records
In recent weeks, the Delaware Court of Chancery has issued two noteworthy opinions in the special purpose acquisition company (SPAC) context—one related to fiduciary duties and one...