Court Denies Motion To Dismiss Pioneer Merger Corp. Case
U.S. District Court denies defendants’ motion to dismiss in dispute over $32.5 million termination fee payment.
Read moreU.S. District Court denies defendants’ motion to dismiss in dispute over $32.5 million termination fee payment.
Read moreMorris Kandinov LLP represents investors in a dispute over a SPAC’s remaining assets in a dissolution after a failed transaction resulted in a termination fee.
Read moreMatt Levine writes about the key issue raised by three new SPAC cases filed by Morris Kandinov LLP: “Who gets the cash: the public shareholders, or the sponsors?”
Read moreThe court denies defendants’ motion to dismiss claims arising from a closed-end fund’s collapse and subsequent unfair merger.
Read moreThe amended complaint in the Infinity Q case includes further details regarding the flawed and deficient oversight of the Fund’s valuation of securities, which resulted in manipulation and inflation of the fund’s reported assets by hundreds of millions of dollars.
Read moreMorris Kandinov LLP has filed a case on behalf of Lightning eMotors, Inc. (previously known as GigCapital 3, Inc.), which entered the public markets through a SPAC transaction based on misrepresentations regarding its business prospects.
Read moreDuring 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.
Read moreMorris Kandinov LLP has filed an action seeking books and records in connection with its client’s investigation of misconduct at Lordstown Motors (RIDE).
Read moreA recent BoardIQ article demonstrates, in my view, the perverse way in which trustees are encouraged to think about an investment adviser’s business.
Read moreGranite Construction Inc. stockholders have filed a proposed $7.5 million settlement in the Delaware Chancery Court for litigation arising from $338 million in cost overruns concealed from investors between 2017 and 2019.
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