X
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

Indoor Farming Start-Up To Go Public Following Merger With SPAC

SPAC transactions present an opportunity for accelerated growth in the AgTech industry, especially i...

Read More >

FTC Increases HSR Thresholds Effective February 27, 2020

On January 28, 2020, the U.S. Federal Trade Commission (FTC) announced the annual changes to the thr...

Read More >

COVID-19 Report for Life Sciences and Health Care Companies (UPDATED)

In Tuesday's Report: the expanding role of real-world evidence in FDA medical device submissions; Pr...

Read More >

Ontario, Canada: New “False Light” Privacy Tort and How It Might Impact Employers

Yenovkian v. Gulian, 2019 ONSC 7279 is a recent family law decision that is significant beyond the f...

Read More >

DC Employers Must Notify Employees of Their Right to Paid Leave

Starting February 1, 2020, covered District of Columbia employers must notify employees about their ...

Read More >

'Common Law Common Sense' delay analysis

In White Constructions Pty Ltd v PBS Holdings Pty Ltd [2019] NSWSC 1166 the Supreme Court of New Sou...

Read More >