Bonus Episode: What’s Driving SPACs Offshore?

Between the various recent cases in the Delaware courts, such as
Boxed, which involved the different SPAC voting classes, or the
Multiplan case, or Arrival, all of which are in addition to the
1% excise tax on share buybacks, there has been a noticeable
trend of SPACs moving to off-shore domiciles.


We spoke with Derek Dostal, from the law firm of Davis Polk, and
Christian Nagler, from Kirkland & Ellis, to help explain
these trends in greater detail and if the pending SEC proposal
could affect some of these considerations going forward.


Give it a listen.