Philip Brandes

Philip Brandes

Mayer Brown

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Delaware Court of Chancery Allows deSPAC Litigation to Proceed Applying “Entire Fairness” Standard

On January 3, 2022, the Delaware Court of Chancery issued an opinion denying motions to dismiss in In re Multiplan Corp. Stockholders Litigation, a stockholder action arising out of the completed business combination for...more

1/10/2022  /  Breach of Duty , Business Plans , Capital Raising , Entire Fairness Standard , Fiduciary Duty , Initial Public Offering (IPO) , Shareholder Litigation , Special Purpose Acquisition Companies (SPACs)
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