If 2021 was the year in which regulators and investors enthusiastically embraced environmental, social and governance (“ESG”) considerations, by creating new legal and regulatory.
We reported last year that unprecedented SPAC deal volume signaled an increased risk for disputes given their unique structure, including risks associated with disclosure requirements.
2021 was a record year for SPACs. In 2021, the Nasdaq had 613 SPAC listings, up from 248 in 2020 and just 59 in 2019. Those 613 listings raised $145 billion – a 91 percent increase over the amount raised in 2020.
We reported last year that unprecedented SPAC deal volume signaled an increased risk for disputes given their unique structure, including risks associated with disclosure requirements,.
The SEC’s push to regulate the next generation of blockchain-based applications will likely give rise to disputes and enforcement actions, particularly in the developing decentralized.