Court

In the new SPAC ruling, the court questions the basic structure of SPACs under Delaware law | Skadden, Arps, Slate, Meagher & Flom LLP

With all the SPAC activity and scrutiny over the past few years, it was only a matter of time before Delaware courts had the opportunity to get involved in a SPAC shareholder dispute. Early last year, in January 2022, Vice Chancellor Lori Will of the Delaware Court of Chancery issued a groundbreaking opinion in Litigation …

In the new SPAC ruling, the court questions the basic structure of SPACs under Delaware law | Skadden, Arps, Slate, Meagher & Flom LLP Read More »

Show Me Crypto: England’s High Court Issues New Information Orders Against Crypto Exchanges | Shearman & Sterling LLP

The High Court has once again grappled with new issues arising from crypto-asset disputes, this time in the context of an interim request for information orders.[1] The Plaintiff (“LMN”), a company incorporated in England and Wales and a cryptocurrency exchange operator, allegedly lost millions of dollars in cryptocurrency during a hacker attack. After conducting a …

Show Me Crypto: England’s High Court Issues New Information Orders Against Crypto Exchanges | Shearman & Sterling LLP Read More »