In Dunn v. Chappelle bankruptcy trustee sued officers and directors of limited partnership and related entities for operating drilling program despite having lower than expected results. Defendants filed motion to dismiss. Court granted it in part and denied it in part.
In Dunn v. Chappelle (In re Alta Mesa Res., Inc.), a bankruptcy trustee sued the officers and directors of a limited partnership and related entities for operating a drilling program.
The use of SPACs to take companies public increased dramatically in recent years, but many of these new companies performed poorly after entering the public capital markets. This poor.
In March 2021, White & Case published a client alert entitled "How SPACs Can Manage the Risks of White Collar Scrutiny." The article discussed the surge in interest and publicity.