In “Are SPAC Board Structures a “Conflict-Laden” Invitation to Fiduciary Misconduct?,” Squire Patton Boggs explains the inherent and significant conflict of interest concerns associated with how SPAC boards are typically structured and compensated in the context of recent litigation and suggests a series of sound measures SPAC directors or prospective directors should consider to mitigate the risks.
Access additional resources on our M&A, IPOs, Separations and Go-Private Transactions page »SPACs. This post first appeared in the weekly Society Alert!