Fairness opinion could give SPAC target companies peace of mind
CFO news
Source: cfodive.com
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Delaware Court Of Chancery Rejects Motion To Stay SPAC Breach Of Fiduciary Duty Suit Pending Parallel Federal Securities Action
On March 7, 2022, Vice Chancellor Lori W. Will of the Delaware Court of Chancery denied a motion to stay a putative class action brought by legacy…
Source: lexology.com
Delaware Court Of Chancery Rejects Motion To Stay SPAC Breach Of Fiduciary Duty Suit Pending Parallel Federal Securities Action | Shearman & Sterling LLP
On March 7, 2022, Vice Chancellor Lori W. Will of the Delaware Court of Chancery denied a motion to stay a putative class action brought by legacy stockholders of DiamondPeak Holding...
Source: jdsupra.com
Should SPACs Take A Page From The MLP Playbook? | Opportune LLP
SPAC sponsors, investors, advisors, and (most keenly) directors are asking questions following a Delaware court’s denial in January of the defendants’ request for dismissal in...
Source: jdsupra.com
Recent Delaware Court Opinions on SPAC
A list of several recent opinions from the Delaware Court of Chancery relating to special purpose acquisition companies SPACs that provide helpful guidance to sponsors, investors and practitioners. A breakdown of Delaware law still apply in the SPAC context.
Source: natlawreview.com