In a recent poll of Woodruff Sawyer’s SPAC Notebook audience, SPAC-related bankruptcies were the number one topic of interest. To delve into this timely subject, the firm spoke with two industry leaders—Stuart Brown, an insolvency, restructuring, and bankruptcy partner of the global law firm DLA Piper, and Taylor Sherman, director in the Restructuring and Dispute Resolution Practice at CohnReznick, an advisory, assurance, and tax firm.
In addition to providing an analysis of the legal, financial, and insurance issues involved in SPAC-related bankruptcies, they discussed tips for newly de-SPACed companies that may be heading in the bankruptcy or restructuring direction. Read more.