Chancery Ruling Permits 26 Capital To Immediately Return Trust Funds To Class A Stockholders
Delaware Chancery Court ruling permits interim distribution of remaining trust funds while litigation over broken transaction proceeds.
Read moreDelaware Chancery Court ruling permits interim distribution of remaining trust funds while litigation over broken transaction proceeds.
Read moreBulldog Investors, LLP retains Morris Kandinov LLP in declaratory judgment action against bankruptcy trustee seeking the return of trust funds properly distributed to stockholders.
Read moreLead plaintiff Funicular Funds, LP and lead counsel Morris Kandinov filed a motion for preliminary approval of a $13 million settlement of claims arising from the liquidation of Pioneer Merger […]
Read moreFAST SPAC’s agreement to pay $12.5 million to investors in connection with its broken merger was approved by the Delaware Court of Chancery.
Read moreInvestors in a SPAC that acquired View Inc. have filed a case in the Delaware Court of Chancery seeking damages for breaches of fiduciary duty, aiding and abetting, and unjust enrichment.
Read moreThe U.S. District Court certified a class of Pioneer Merger Corp. stockholders in a dispute over the distribution of a termination fee paid to the SPAC following a broken transaction.
Read moreSpecial Opportunities Fund, Inc. (NYSE: SPE) today announced that it has reached a settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. regarding the distribution of FAST’s net assets.
Read moreSPAC shareholders settle a consolidated lawsuit arising from a termination fee paid following a failed business combination.
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.
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