Topic
SPACs
324 published works
The Blunt Truth®
SPAC and Related IPO Litigation as it has Evolved & The Current State of SEC Regulation of Disclosure
By Susan Ryan
Upcoming PLUS Webinar: “SPAC and Related IPO Litigation as it has Evolved & The Current State of SEC Regulation of Disclosure" Thursday, September 23, 2021 Join leading securities partners Greg…
Valuation Litigation & Shareholder Rights Blog
The Re-Rise of SPACs
By Steve Hecht
In this timely academic piece by Maria Lucia Passador, “In Vogue Again: The Re-Rise of SPACs in the IPO Market,” the case is made that SPACs in the US will…
Valuation Litigation & Shareholder Rights Blog
Let the SPARCs Fly
By Steve Hecht
As reported here in Bloomberg, after launching a record-size $4 billion SPAC last summer, Bill Ackman’s Pershing Square Tontine Holdings is unwinding and returning its invested funds back to shareholders.…
The D&O Diary
Guest Post: Heating Up: SPAC Climate Tech Companies and Underwriting Considerations
[caption id="attachment_21971" align="alignleft" width="207"] Sarah M. Abrams, Esq.[/caption] As I noted in my recent survey of key directors’ and officers’ liability issues, one of the most significant recent developments in…
Valuation Litigation & Shareholder Rights Blog
SPAC Litigation: Newest Flavor of the Month or More than Meets the Eye?
By Steve Hecht
As Alison Frankel at Reuters observed, of the 60+ lawsuits filed in New York state court in the first half of this year against SPAC directors for inadequate disclosures, most of…
Valuation Litigation & Shareholder Rights Blog
Regulators Keep Close Eye on SPAC Surge
By Steve Hecht
Given the unprecedented surge in SPAC activity in the first half of 2021, SEC Acting Director John Coates has expressed concerned about risks ranging from fees, conflicts and sponsor compensation, to…
M&A Insights
IN THE NEWS: Franchi v. Multiplan Corp., et al. – SPACs and Potential Conflict Issues
By Nancy B. Bostic, Lynsey J. Hyde, Kyle Benson
The recently filed complaint in Franchi v. Multiplan Corp., et al. is one to watch because it alleges breach of fiduciary duties by the directors and controlling shareholders of Churchill…
Louis Lehot Medium Blog
Meet the New SPAC Circus Ringleader: The PIPE Investor
By Louis Lehot
Since late 2019, when the special purpose acquisition corporation, or SPAC, returned to the public markets with a new twist, a circus of activity has breathed new life into the…
The D&O Diary
PLUS Webinar: SPAC and IPO-Related Litigation
On Thursday, September 23, 2021, I will be participating in a Professional Liability Underwriting Society (PLUS) webinar on the topic “SPAC and Related IPO Litigation as it has Evolved &…
Global Regulation Tomorrow
SGX introduces SPAC listing framework
By Craig Loveless, Yu-En Ong, Chris Bell
Introduction The use of special purpose acquisition companies (SPACs) as an alternative route to access the equity capital markets in the United States of America (US) has fluctuated in popularity…