By Jeff Montgomery (August 10, 2022, 3:09 PM EDT) — There was uncertainty at nearly every turn in Delaware during the first half of 2022 because of economic turmoil and lingering COVID-19 jitters, and key issues on the docket in the back half of the year include whether Elon Musk can escape his $44 billion Twitter deal and how SPAC litigation will shake out.
The first half of the year saw a continued sputtering of SPACs, the special-purpose acquisition companies whose playbooks sometimes put them under stockholder microscopes, while litigation over books and records demands grew more frequent, and disputes over corporate control and the “materiality” of covenant breaches became murkier….
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