In The News

In Bloomberg Law, Paul Tropp Examines New Wave of SPAC Accounting Error Restatements

Practices: Capital Markets, Special Purpose Acquisition Companies, Finance, Securities & Public Companies, Corporate Governance & Compliance

In Bloomberg Law, capital markets partner Paul Tropp (New York) discussed the need for many SPACs to issue restatements of accounting errors. 

Paul explains that while mass restatements in a single industry for a specific accounting problem are unusual in this context it is not something that investors are concerned about, and it’s not something that is qualitatively material.

Cookie Settings