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Shareholders Urge Chancery To Keep Hyzon SPAC Suit Alive

Law 360

billion take public deal for hydrogen fuel vehicle maker Hyzon Motors Inc. in 2021 told a Delaware vice chancellor on Friday that Chancery Court has already rejected some of the company's defenses in similar cases. An attorney for stockholders who challenged a $2.1

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Hyzon Motors SPAC Board Sued Over 'Outlandish' Deal Hype

Law 360

Investors of a special purpose acquisition company that merged with zero-emission hydrogen-fuel automaker Hyzon Motors Inc. have filed suit in Delaware Chancery Court, claiming the SPAC's sponsors, founders and directors made misrepresentations about Hyzon to gain shareholder approval of the deal.

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