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Delaware Chancery Court Issues Delman Decision Potentially Increasing Scrutiny Of The Actions Of SPAC Sponsors And Boards - Directors and Officers
On January 4, the Delaware Chancery Court issued a second decision suggesting that SPAC sponsors and directors proceed with care in connection with de-SPAC transactions (and potentially future SPAC formation).
United states
Michael klausner
Avi katz
Michael ohlrogge harold
Yalej reg
Ohlrogge emily ruan
Multiplan corp
Holdings in delman
Court held the current method
Court held disclosing board conflicts is
Motors inc
Court held corwin cleansing is not available
Financial holdings
Delaware chancery court
Stockholders litig
Chief executive officer
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