02Feb
SPAC Litigation Likely to Surge in 2021
Despite the challenges posed by COVID-19, 2020 saw an eruption of IPOs by special purpose acquisition companies (SPACs), used to raise nearly $79 billion from investors. The Wall Street Journal reports that the trend is continuing in 2021, already averaging five new SPACs each business day. A surge in related litigation has already begun, and it can be expected to grow and become a feature of SPAC deals throughout 2021....
By:
McGuireWoods LLP
Source Url: https://www.jdsupra.com/legalnews/spac-litigation-likely-to-surge-in-2021-3645405/
Related
Introduction - This guide is intended to supplement our popular Foreign Investment in Australia gui...
Read More >
The 16th Amendment to the German Foreign Trade and Payments Ordinance entered into effect on October...
Read More >
Maryland has just joined a growing number of states and local jurisdictions — including Baltimore, ...
Read More >
Our Employee Benefits & Executive Compensation Group reminds plan sponsors to get ready for 2019 IRS...
Read More >
As employers in the Golden State attempt to prepare for the brave new world—courtesy of AB 5—that ...
Read More >
On December 20, 2019, the president signed into law the Secure Act. The Secure Act, among other thin...
Read More >