13Jan
Recent SPAC Litigation Tied To Short Seller Scrutiny
2020 was the year of the special purpose acquisition company (“SPAC”), with over $ 70 billion raised in deal value, a five-fold increase over 2019. SPACs are a large, growing and ebullient market. A SPAC is a shell company with no operations that raises capital in an initial public offering (“IPO”) for the purpose of merging with and taking public an unspecified existing company. SPACs can be a faster and more efficient method of going public, compared to the conventional direct or underwritten...
By:
Quinn Emanuel Urquhart & Sullivan, LLP
Source Url: https://www.jdsupra.com/legalnews/recent-spac-litigation-tied-to-short-6974588/
Related
Taxpayers looking to utilize net operating losses (NOLs), excess interest carryovers and certain oth...
Read More >
A federal appeals court recently rejected a physician’s employment discrimination lawsuit against a...
Read More >
One effect of the COVID-19 pandemic is the renewed need for transportation providers to consider str...
Read More >
Antitrust- FTC Settles with Investment Advisor and Funds Over Alleged Violation of Premerger Notif...
Read More >
It’s not uncommon for construction contracts to include indemnity provisions requiring the indemnit...
Read More >
On March 31, seven Bay Area counties issued stricter shelter-in-place orders and extended their effe...
Read More >