During and after a crisis, trustees more than ever must be prepared to shift the way they think about the fund’s relationships with service providers in order to obtain meaningful results for shareholders (and mitigate or eliminate their own litigation risk). This article provides an example of what not to do and a few practical suggestions.

Special Opportunities Fund, Inc. has announced a standstill with Delaware Enhanced Global Dividend and Income Fund, which will provide, among other things, a tender offer to purchase up to 30% of common shares contingent on approval of a proposed reorganization.

Morris Kandinov LLP has filed an action alleging that investors in Decarbonization Plus Acquisition Corporation were misled by its board of directors prior to the acquisition of Hyzon Motors Inc. (HYZN) in July 2021.

Bernstein Litowitz Berger & Grossmann LLP and Morris Kandinov LLP will lead Delaware Court of Chancery litigation over a $24 million dispute related to FAST Acquisition Corp.

Vice Chancellor Zurn denies defendants’ motion to dismiss in case arising from the collapse of the Infinity Q Diversified Alpha Fund.

Morris Kandinov LLP is representing an investor in the Infinity Q Diversified Alpha Fund in connection with a motion to stop a proposed settlement on unfair terms.

The board and investment manager for two related energy investment funds are responsible for causing and subsequently covering up $1 billion in losses.

Morris Kandinov LLP has filed a complaint on behalf of investors in the Tortoise Energy Infrastructure Corp. and the Tortoise Midstream Energy Fund, Inc., which incurred over $1 billion in losses during their liquidity crisis and collapse in early 2020.

Special Opportunities Fund, Inc. has reached an agreement with FAST Acquisition Corp. to prevent the distribution of the Company’s net assets to Class B shares until the Court rules on whether they must be equitably distributed to all stockholders.

Special Opportunities Fund, Inc. announced that it has filed a class action lawsuit against FAST Acquisition Corp. and is using Morris Kandinov LLP as counsel.