Topic
SPACs
324 published works
The D&O Diary
Del. Chancery Court M&A Lawsuit Settlement Values Decreased in 2025
The overall number of Delaware Chancery Court M&A lawsuit settlements increased in 2025, but aggregate, average, and median settlement values decreased during the year, according to a new report from…
The D&O Diary
IPO Activity Roars Back While SPAC Litigation’s Long Tail Continues
By Sarah Abrams
The U.S. IPO market has continued its strong resurgence in 2026. According to the latest IPO statistics compiled by Benjamin P. Edwards, Associate Dean for Faculty Development and Research and…
The CLS Blue Sky Blog
Why SPACs Need a Deadline
By Renholding
SPACs are public companies designed to die. Ordinary corporations, like Coca-Cola, enjoy perpetual existence under the law. Special-purpose acquisition companies, by contrast, are organized with a termination date from the…
Business Law Prof Blog
2026 IPO Statistics Through August
Following up on the last post in this series, we now have data from January through August 2026. Special thanks to three student research assistants, Boyd Law students Rocco Marino and…
Free Writings + Perspectives
The Resurgence of SPACs: Key Trends, Market Data, and What’s Ahead
By Carlos E. Juarez, Anna T. Pinedo
After the boom-and-correction cycle of 2020-2023, recent data points to a more disciplined market characterized by experienced sponsors, more consistent deal structures, and a more supportive regulatory environment—themes Anna Pinedo…
Free Writings + Perspectives
Nasdaq Proposes Higher Initial Listing Requirements for SPACs
On April 22, 2026, the Securities and Exchange Commission (“SEC”) filed notice soliciting comments in connection with proposed rules filed April 15, 2026 (SR-NASDAQ-2026-033) by The Nasdaq Stock Market LLC…
The D&O Diary
Delaware Court Rejects “Public Offering” Exclusion in De-SPAC Coverage Dispute
By Sarah Abrams
Amid signs of a renewed uptick in SPAC activity, courts continue to grapple with D&O insurance coverage issues arising out of older de-SPAC transactions. In a March 30, 2026, decision…
Business Law Prof Blog
Pershing Square IPO – Nevada
Earlier today Pershing Square filed an S-1 seeking to raise "between $5 and $10 billion . . . consisting of the $2.8 billion in the PSUS Private Placement and between…
The D&O Diary
Guest Post: Delaware Court Allows Core De-SPAC Fiduciary Duty Claims to Proceed
Sarah Abrams In the following guest post, Sarah Abrams, Head of Claims Baleen Specialty, a division of Bowhead Specialty, reviews the latest developments in SPAC-related Delaware Chancery Court proceedings, in light…
Delaware Bankruptcy Blog
Insider DIP Financing in Litigation-Only Estates: Insights from SPAC Recovery Co.
By Carl D. Neff
When a special purpose acquisition company burns through capital pursuing a failed deal, it often emerges from the wreckage with nothing but litigation claims. How, then, should a debtor with…