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
Related
As discussed in a prior blog post, in Gindel v. Centex Homes, 2018 Fla.App. LEXIS 13019, Florida’s ...
Read More >
On December 1, 2020, the Court of Appeals of Texas (1st District) reversed a lower court decision an...
Read More >
On November 20, 2019, the Supreme Court of California announced it would review and decide whether i...
Read More >
Corporate Pay Equity - When competing for top talent, equal pay matters. Boards of directors are i...
Read More >
Poyner Spruill recently prevailed before the North Carolina Court of Appeals. On December 31st, 202...
Read More >
On the latest episode of Williams Mullen's Benefits Companion, Ellie Clendenin, Nona Massengill, and...
Read More >