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Delaware Supreme Court
Delaware Supreme Court Addresses SPAC Fiduciary Claims Appeal
The Delaware Supreme Court ruled on an interlocutory appeal in Northern Star Sponsor, LLC v. Kenville, a class action lawsuit filed by former shareholders of Northern Star Acquisition Corp. against the SPAC's sponsor and directors for alleged breach of fiduciary duty and unjust enrichment related to a de-SPAC merger with Barkbox, Inc.
•Delaware Supreme Court ruled on interlocutory appeal in SPAC fiduciary duty lawsuit against Northern Star Acquisition Corp. sponsor and directors
•Former shareholders filed class action claims for breach of fiduciary duty and unjust enrichment related to de-SPAC merger with Barkbox, Inc.
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