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Rats infested this woman's council bungalow and left her shaking with stress She claims she's had to battle the council to clear her attic and relay the lagging, where rats had made their home Updated Marie John, who has lived with rats in the attic (Image: Marie John) Want the latest news from Swansea sent straight to your inbox?Invalid EmailSomething went wrong, please try again later. Don't miss anything from your city! Sign up for regular updates When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPr...

To print this article, all you need is to be registered or login on Mondaq.com. In the first three months of 2021, there have been approximately 300 initial public offerings (IPOs) of special purpose acquisition companies (SPACs) that have raised $100 billion, which are significant increases over the record number of transactions and amounts raised in all of 2020. Inevitably, the growth in SPAC deal activity has attracted scrutiny from market regulators, including the US Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), as we...

To print this article, all you need is to be registered or login on Mondaq.com. Most of the recent shareholder litigation that has followed the current wave of Special Purpose Acquisition Company (SPAC) offerings and associated business combinations has been based on federal securities law claims. However, as a case filed in the Delaware Court of Chancery, Kwame Amo vs. MultiPlan Corp. et al., highlights, SPAC sponsors, directors and officers also face a risk of state law breach of fiduciary claims, in which plaintiff asserts that the defendants' actions should be ju...

To embed, copy and paste the code into your website or blog: Most of the recent shareholder litigation that has followed the current wave of Special Purpose Acquisition Company (SPAC) offerings and associated business combinations has been based on federal securities law claims. However, as a case filed in the Delaware Court of Chancery, Kwame Amo vs. MultiPlan Corp. et al., highlights, SPAC sponsors, directors and officers also face a risk of state law breach of fiduciary claims, in which plaintiff asserts that the defendants’ actions should be judged under the heightened scrutiny of the...

To embed, copy and paste the code into your website or blog: While litigation against special purpose acquisition companies (“SPACs”) has been historically rare, the increase in SPAC offerings and transactions portends increased litigation, particularly with respect to a SPAC’s acquisition of a target company ( i.e., the “de-SPACing” transaction). To date, the sparse case law and commentary on SPAC litigation has primarily focused on federal securities lawsuits, including the sort of Pavlovian-disclosure lawsuits that commonly follow any public M&A transaction. Much less focus by co...