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Chancery Urged To Reject 'Hindsight' Basis For SPAC Suit

By Jeff Montgomery ( October 30, 2023, 9:40 PM EDT) -- Attorneys for two former officers of an electric vehicle startup that collapsed into Chapter 7 last year after being taken public in a "blank check" company deal once valued at $1.4 billion told Delaware's chancellor Monday that "hindsight" can't support stockholder damages liability....

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