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Over the past year, the use of Special Purpose Acquisition Companies, or SPACs, to go public has skyrocketed.[1] As
The
Wall Street Journal explained, “With interest rates on the floor and investors chasing young companies, this is a dream scenario for SPACs.”[2] As the SPAC boom continues, it is important to understand that SEC guidance on SPACs is evolving. The SEC’s statements on SPACs have quickly progressed from a short bulletin educating investors on using SPAC vehicles to take companies public, to specific guidance strongly implying that the SEC staff is carefully scrutinizing disclosures related to SPAC transactions.[3] Indeed, the SEC’s recent guidance identifies specific disclosure areas that SEC staff will focus on and likely provides a roadmap for both future SEC enforcement and the plaintiffs’ bar.
Bouncing Back (and Forth): Statewide Reopening and Mitigation Steps (UPDATED) | Littler
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Bouncing Back (and Forth): Statewide Reopening and Mitigation Steps (UPDATED) | Littler
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As the trajectory of the COVID-19 pandemic continues to unfold, government officials at all levels are reevaluating their health and safety protocols and adjusting workplace guidance based on ever-shifting case metrics. While all states had begun reopening over the summer, rising cases have caused many jurisdictions to either pause their progress, or return to more restrictive measures. Jurisdictions across the country continue to progress and regress by implementing different measures, on different timetables – resulting in a patchwork that is particularly challenging for multistate employers.
The chart below provides links to key reopening orders and/or mitigation measures issued in recent weeks, at the statewide level. Employers should bear in mind that these materials typically offer detailed instructions, which often vary by industry. As a result, it is important to review each order along with any corresponding of