01Oct
Litigation Risk in the SPAC World
It seems that it is impossible to talk to any fund today without learning that a SPAC is planned or in process. SPACs are vehicles for taking companies public in a way that is potentially more efficient and quicker than a conventional direct or underwritten public offering. For all the enthusiasm for SPACs, however, there is little discussion of the potential for liability. There are conflicts and risks inherent in the typical SPAC which are little discussed. In fact, the SEC recently...
By:
Quinn Emanuel Urquhart & Sullivan, LLP
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