The SPAC Explosion: Beware the Litigation and Enforcement Risk
By EsqSocial Corporation 16/12/20
SPACs have seen exponential growth in 2020, but SPAC sponsors, investors and targets should beware the scrutiny de-SPAC transactions are receiving from the plaintiffs’ bar and the SEC. 2020’s SPAC IPO explosion will inevitably lead to some underwhelming de-SPAC transactions (or failures to consummate any transaction at all) and thus a likely increase in SPAC-related litigation....
By: Pillsbury Winthrop Shaw Pittman LLP