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SPACs (special-purpose acquisition companies) grew in popularity in 2020 and the trend will continue into 2021, especially in the technology sector. Thomas Vita and Trevor Pinkerton additionally look at SPAC trends on the London Exchange and explain key differences between US and UK SPACs.
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On November 13, 2022, Groupe Sélection inc. (Groupe Sélection) filed an application under the Companies’ Creditors Arrangement Act (CCAA) in order to proceed with the restructuring while protected from its creditors (GS Application).
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On December 1, 2022 the Financial Reporting Council (FRC) published a policy paper which gives an overview of the FRC’s approach to competition in the audit market. It also covers recent developments with competition in the audit market and the FRC’s current competition policy work.
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