Catching Up With Delaware’s Chancery Court

By Leslie A. Pappas (February 27, 2023, 6:02 PM EST) — Millions of investors in special purpose acquisition companies heaved a sigh of relief last week after Delaware’s Court of Chancery confirmed that shares issued during their de-SPAC mergers are valid. Shareholders of Tesla, AMC Entertainment, Mandiant and Peloton also made appearances in Delaware’s court of equity….

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