The goal of this paper is to analyze whether the current law is sufficient to protect shareholders of a target company in a hostile acquisition. Particularly, this paper focuses on the effect of the current law in empowering the board of directors to veto a tender offer through methods such as a...

A Special Purpose Acquisition Company (“SPAC”) is a publicly listed firm with a two-year lifespan during which it is expected to find a private company with which to merge and thereby bring public. SPACs have been touted as a cheaper way to go public than an IPO. This paper analyzes the...

This article examines the decades-long decline of investor protections enshrined in the Securities Act of 1933, most notably Section 11, which imposes near strict liability on corporate insiders and certain secondary actors, primarily underwriters. The provision, the most potent in the federal...