Garth Osterman

Garth Osterman

Cooley LLP

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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...more

1/11/2022  /  Entire Fairness Standard , Initial Public Offering (IPO) , Mergers , Special Purpose Acquisition Companies (SPACs)
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