Topic
SPAC Litigation
51 published works
The Capital Commitment
Ripples Following the SPAC Wave: Litigation and Regulatory Risks
By Margaret A. Dale, Michael R. Hackett, William Komaroff, Timothy W. Mungovan, Dorothy Murray, Joshua M. Newville, Todd J. Ohlms, Robert Pommer, Seetha Ramachandran, Robert Sutton, John Verwey, Jonathan M. Weiss, Julia Alonzo, Julia M. Ansanelli, Charles Bishop, Massimo B. Capizzi, William D. Dalsen, Adam L. Deming, Reut N. Samuels, Michael Singh, Hena M. Vora
It’s a pattern we often see in boom-and-bust cycles—disputes rising in the period after a wave crests. SPAC deal volume hit an unprecedented high in 2021, but then slowed down…
The CLS Blue Sky Blog
Skadden Discusses Delaware Chancery Decision Questioning Fundamental SPAC Structure
By Publisher
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…
The D&O Diary
Will Del. Court’s Ruling Mean a SPAC Lawsuit “Gold Rush”?
On January 4, 2023, Delaware Vice Chancellor Lori Will denied the defendants’ motion to dismiss in the breach of fiduciary duty case a shareholder of the SPAC, Gig Capital3 Inc.…
The D&O Diary
Battery Co. Hit with SPAC-Related Securities Suit
In my recent wrap-up of the top D&O stories of 2022, I noted that one of last year’s key topics was the quantity of litigation involving special purpose acquisition companies…
The D&O Diary
Construction Financing Platform Hit with SPAC-Related Securities Suit
In a few days, when I work up my summary of the year’s events in the world of D&O, one of the stories I will be covering will be the…
The D&O Diary
Digital Asset Mining Company Hit with SPAC-Related Securities Suit
Although there have been literally dozens of SPAC-related securities class action lawsuits filed since January 1, 2021, in recent months the pace of filing of these lawsuits has noticeably slowed.…
The D&O Diary
Court Denies in Part Motion to Dismiss SPAC-Related Securities Suit Against EV Company
As I have previously noted, plaintiffs’ lawyers have over the last several months filed a plethora of securities class action lawsuit against companies that became publicly traded through a merger…
The CLS Blue Sky Blog
Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update
By Craig Varnen, Brian M. Lutz, Monica K. Loseman, Jefferson E. Bell, Publisher, Mark H. Mixon Jr.
The number of securities lawsuits filed since January has remained steady compared to the first half of 2021. We have already seen many notable developments in securities law this year.…
The D&O Diary
Cornerstone Research: First Half Securities Suit Filings Up Slightly Compared to Second Half 2021
The number of securities class action lawsuit filings in the first half of 2022 was up slightly compared to the number of filings in the second half of 2021, according…
The D&O Diary
Securities Suit Against SPAC and SPAC Merger Target Largely Survives Dismissal Motion
As I have noted in recent posts (most recently here), a few of the many SPAC-related securities lawsuits that have been filed in the last 18 months are so are…