Sat.Jan 08, 2022 - Fri.Jan 14, 2022

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Delaware Court Of Chancery Sustains Class Action Claims For Breaches Of Fiduciary Duties And Aiding And Abetting Arising From Alleged Omissions In SPAC Merger Proxy

Shearman & Sterling

On January 3, 2022, Vice Chancellor Lori W. Will of the Delaware Court of Chancery largely denied a motion to dismiss a putative class action brought by the stockholders of Churchill Capital Corp. III, a special purpose acquisition company or "SPAC" ("Churchill") alleging that the company's controlling stockholder, officers, and directors ("the Company Defendants") breached their fiduciary duties and the company's financial advisor aided and abetted that breach

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Sun Acquisitions Announces the Sale of a Sheet Metal Fabrication & Machining Company

Sun Acquisitions

Sun Acquisitions is pleased to announce the successful acquisition of an experienced sheet metal fabrication and machining company based in the Greater Chicago area. This family-owned metal fabrication business, founded over 15 years ago, specializes in precision sheet metal fabrication and machining to laser cut, punch, form weld, and finish customized parts.

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Executing Integration for Maximum Results

M&A Leadership Council

. 20 Essential Requirements for Success . by Mark Herndon, Chairman of the M&A Leadership Council . We have said it, you have said it, we have all said it. Let’s say it together one more time: “There is NO “cookie-cutter,” formulaic approach to M&A integration success.” There are, however, MANY fundamentally important and essential requirements for success that stand-out as guideposts.

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Delaware Finds Stockholder Claims Against SPAC Fiduciaries Subject to Entire Fairness Review

Cooley M&A

As SPAC IPOs broke records – in both value and volume – in 2020 (and again in 2021), it was inevitable that stockholder litigation would follow. More than 50% of the SPACs that went public in 2020 and 2021 are incorporated in Delaware, giving particular significance to SPAC litigation filed in Delaware courts. On January 3, in In re MultiPlan Corp. Stockholders Litigation (Del.

Shares 40
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Delaware Court Of Chancery Sustains Class Action Claims For Breaches Of Fiduciary Duties And Aiding And Abetting Arising From Alleged Omissions In SPAC Merger Proxy

Shearman & Sterling

On January 3, 2022, Vice Chancellor Lori W. Will of the Delaware Court of Chancery largely denied a motion to dismiss a putative class action brought by the stockholders of Churchill Capital Corp. III, a special purpose acquisition company or "SPAC" ("Churchill") alleging that the company's controlling stockholder, officers, and directors ("the Company Defendants") breached their fiduciary duties and the company's financial advisor aided and abetted that breach