D&O underwriters shying from SPACs over litigation risk: Aon
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D&O underwriters shying from SPACs over litigation risk: Aon

Eli Rallo
September 15, 2021
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Increasing litigation involving special purpose acquisition companies (SPACs) has led to a pullback in underwriting capacity for the investment vehicles, according to Aon.

A recent report by the broker notes that there were 14 class-action lawsuits involving SPACs in the first half of 2021.

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Eli Rallo
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