On V-E Day (Victory in Europe), May 8, 1945, President Harry S. Truman made the official announcement by radio from the White House that Germany had surrendered. World War II had taken a tremendous toll on America. Many other countries suffered greatly. Justice had been served in defeating the Nazis.
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).
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.
Delaware Court of Chancery denied motion to dismiss class action alleging directors and sponsor of special-purpose acquisition company breached fiduciary duties by depriving SPAC’s public stockholders of information material to decision whether to redeem stock before merger.