Judge Rules SPAC Trust Account Sacred for Public Shareholders and Not Property of the Estate: In an important win for SPAC investors, the U.S. Bankruptcy Court for the Eastern District of Texas held that the express terms of a SPAC’s trust agreement control whether a SPAC trust account is “property” of a debtor’s estate
Simon sees traffic bump during Black Friday weekend | Retail Dive: Real estate investment trust Simon reported a 6.4% uptick in foot traffic year over year across its centers during Black Friday weekend, according to a Monday press release. The company tracked the growth using traffic counters at its centers
Celsius Founder Cops To Fraud Ahead Of $50M Crypto Trial - Law360: Celsius Network founder Alex Mashinsky told a Manhattan federal judge Tuesday that he lied when he told the public that the fallen $25 billion crypto lender's tokens were a safe investment, pleading guilty to fraud charges ahead of a January criminal trial.
