As special purpose acquisition company (SPAC) IPOs and mergers continue to exceed market expectations, investors, executives, and financial institutions are becoming increasingly wary of an anticipated onslaught of litigation posed by these transactions and their unique potential risks and challenges. SPAC structures and their inherent volatility open them up to a host of potential claims. For investors and potential target companies, there are two critical questions: what are those claims and will they actually affect the bottom line?
In this webinar, Adam Sisitsky moderates a panel of Mintz litigation attorneys including Nancy Adams, Jack Sylvia and Kristen White as they explore the rising risk of litigation and regulatory enforcement facing SPACs and the individuals that lead them. Topics included the current SPAC litigation landscape, SPAC M&A–related litigation, including disclosure issues and breach of fiduciary duty in the de-SPAC process, D&O coverage challenges and risk mitigation and heightened SEC scrutiny.
Source: The National Law Review – [Webinar] When the Dust Settles: A Closer Look at the SPAC Boom and Potential Litigation to Follow