Stephen Blake Authors Article in The Recorder on SPAC Litigation
03.02.21
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Partner Stephen Blake authored an article titled, “Along Came SPACs, And Then SPAC Litigation,” which was published by The Recorder. The article analyzed special purpose acquisition companies (SPACs), which have been on the rise through 2020 and 2021, and how this accelerating SPAC trend has led to an increase in civil lawsuits and regulatory scrutiny. The article further noted how observers anticipate a continually growing number of lawsuits related to SPACs over the next several years, and how, while these lawsuits will have many similarities to traditional securities and M&A litigation, they will also develop their own rubrics given the unique features of the SPAC model.
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