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Rachel Mechanic

Perkins Coie

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Chancery Court Applies Onerous Entire Fairness Standard in First SPAC-Related Decision

In one of the first decisions to analyze fiduciary duty claims in the context of a special purpose acquisition company (SPAC) merger, the Delaware Chancery Court recently sustained the legal viability of a putative...more

1/27/2022  /  Disclosure Requirements , Duty of Loyalty , Fairness Standard , Fiduciary Duty , Mergers , Securities and Exchange Commission (SEC) , Shareholders , Special Purpose Acquisition Companies (SPACs)
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