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Chancery Court Again Applies Entire Fairness to Claims Challenging SPAC Transaction | Morris James LLP - Vimarsana News

Chancery Court Again Applies Entire Fairness to Claims Challenging SPAC Transaction | Morris James LLP

Laidlaw v. GigAcquisitions2, LLC, C.A. No. 2021-0821-LWW (Del. Ch. Mar. 1, 2023) - In the aftermath of a SPAC merger, the plaintiff (a public stockholder) brought claims...

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Inside the Courts – An Update From Skadden Securities Litigators - March 2023 | Skadden, Arps, Slate, Meagher & Flom LLP - Vimarsana News

Inside the Courts – An Update From Skadden Securities Litigators - March 2023 | Skadden, Arps, Slate, Meagher & Flom LLP

Circuits Split Over Whether Targeting Is Necessary for Seller Liability - Key Points - - While courts have long held that solicitations must be tailored to...

Inside the Courts - An Update From Skadden Securities Litigators - Vimarsana News

Inside the Courts - An Update From Skadden Securities Litigators

While courts have long held that solicitations must be tailored to a particular audience to precipitate statutory seller liability, recent decisions…

Fiduciary duty claims against SPAC sponsor survive dismissal in Delaware under entire fairness standard | Cooley LLP - Vimarsana News

Fiduciary duty claims against SPAC sponsor survive dismissal in Delaware under entire fairness standard | Cooley LLP

Is everything securities fraud, as Bloomberg’s Matt Levine frequently maintains? (See this PubCo post.) Or perhaps, in the SPAC environment, will all claims of fraudulent...