Pioneer Merger Corp.
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November 09, 2023
SPAC's Ch. 15 Is A Bid To Dodge Class Action, Investor Says
Failed SPAC Pioneer Merger Corp.'s Chapter 15 petition is a "bad faith 'litigation tactic'" to avoid a potential class action judgment, an investor and lead plaintiff has told a New York bankruptcy court, urging it to not recognize the company's Cayman Islands liquidation.
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October 19, 2023
Failed SPAC Files For Ch. 15 After Investor Class Action
A failed special-purpose acquisition company filed for Chapter 15 protection in New York on Thursday, saying a stay of an investor class action suit is needed as it liquidates in a Cayman Islands court.