Month: January 2022

Delaware Finds Stockholder Claims Against SPAC Fiduciaries Subject to Entire Fairness Review

As SPAC IPOs broke records – in both value and volume – in 2020 (and again in 2021), it was inevitable that stockholder litigation would follow. More than 50% of the SPACs that went public in 2020 and 2021 are incorporated in Delaware, giving particular significance to SPAC litigation filed […]

Sarah Lightdale and Garth Osterman / January 10, 2022

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Month: January 2022

Delaware Finds Stockholder Claims Against SPAC Fiduciaries Subject to Entire Fairness Review