image-cmn-bg-banner

August 30, 2021

Willkie and more than 55 other law firms issued a joint statement in response to recently filed shareholder derivative lawsuits asserting that the SPACs are investment companies under the Investment Company Act of 1940.

As reflected in the joint statement, the group views the assertion that SPACs are investment companies as without factual or legal basis. Click here to read the full statement.