Justin Clarke Co-Authors Article for The Review of Securities & Commodities Regulation on Recent Developments in SPAC Transactions and Litigation

Cravath partner Justin C. Clarke co-authored an article entitled “SPAC Litigation: Current State and Beyond,” which was published by The Review of Securities & Commodities Regulation on February 23, 2022. The article reviewed the structural features and disclosure‑related issues arising in SPAC transactions and litigation, the approaches taken by the Delaware Court of Chancery and the SEC to address SPAC structure and conflict issues, and private plaintiffs’ securities law actions used to recover losses in SPAC investments. The article provided key takeaways and observations from recent SPAC litigation, which it concluded is likely to continue and grow in the future.

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