Before trying to decide if it makes sense to get a second opinion on a fairness opinion, it’s necessary to understand why fairness opinions started and how they have evolved over the years. Fairness opinions are closely tied...more
By 2020, SPAC IPO activity had been booming, with a sharp growth in both the number of deals and volume across all industries, including energy. However, in 2021, investor sentiment seemed to shift as shareholder scrutiny...more
SPAC sponsors, investors, advisors, and (most keenly) directors are asking questions following a Delaware court’s denial in January of the defendants’ request for dismissal in the MultiPlan Corp. shareholder litigation. Those...more