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Second Circuit Affirms Dismissal of Securities Fraud Class Action Against Alkermes; Delaware Court of Chancery Allows SPAC Litigation to Proceed; Ex-Theranos CEO Elizabeth Holmes...
The Delaware Chancery Court has issued a decision with major implications for sponsors and directors of Delaware incorporated special purpose acquisition companies (SPACs). In re...
Amo v. MultiPlan (Jan. 3, 2022) is the first Delaware decision to address fiduciary duties and related principles in the context of a SPAC (special…
On January 3, 2022, Vice Chancellor Lori W. Will of the Delaware Court of Chancery largely denied a motion to dismiss a putative class action brought by the stockholders of Churchill...
Our Securities Litigation and Securities Groups take a closer look at a technical, fact-specific decision addressing claims brought in connection with a special purpose acquisition...