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- Title
SPAC TO THE FUTURE: UNDER DELAWARE LAW, IS THE BUSINESS JUDGMENT RULE CATEGORICALLY UNOBTAINABLE FOR SPECIAL PURPOSE ACQUISITION COMPANIES?
- Authors
NIGGEBRUGGE, AUSTIN R.
- Abstract
The article focuses on the impact of special purpose acquisition companies (SPACs) on the corporate world and the anticipation of how Delaware courts will handle issues arising from the SPAC boom. Topics include the structure and mechanics of SPACs, their role in providing a faster and less burdensome path for private companies to go public, and the Delaware Court of Chancery cases involving SPACs.
- Subjects
DELAWARE; SPECIAL purpose acquisition companies; BY-laws; TRUST accounts; GOING public (Securities)
- Publication
Delaware Journal of Corporate Law, 2023, Vol 47, Issue 2, p291
- ISSN
0364-9490
- Publication type
Article