X
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

Dear YouDig? Be a lion.

Dear YouDig? We are a commercial design builder. We strive for greatness in all of our work. Even s...

Read More >

[Video] Daily Compliance News: November 12, 2019, the CEOs and Trust edition

In today’s edition of Daily Compliance News: CEOs need to regain American’s trust. (Houston Chron...

Read More >

SDNY Dismisses SOX and Dodd-Frank Whistleblower Claims Against Private Company

On June 3, 2019, the U.S. District Court for the Southern District of New York granted a defendant-e...

Read More >

Dubai International Financial Centre ("DIFC") the End to End of Service Gratuity

Hot on the heels of recent updates to the DIFC employment law, DIFC Employment Law No. 2 of 2019, th...

Read More >

USCIS Public Charge Rule Results in Amended Forms – American Immigration Lawyers Association (AILA) Sues to Delay Implementation

The Department of Homeland Security (DHS) published the Inadmissibility on Public Charge Grounds rul...

Read More >

Construction & Real Estate E-Note - January 2021

Resources - Florida Supreme Court Amends Summary Judgment Procedural Rule to Mirror Federal Doctri...

Read More >