As discussed here, in a May 2024 ruling in the Hennessey Capital Acquisition IV case, VC Will (who wrote the opinion in the MultiPlan case) said the following about the upsurge in MultiPlan lawsuits: that "the success of a few cases begat a host of others. Though the SPAC market has contracted, SPAC lawsuits are ubiquitous in Delaware. Remarkably similar complaints accuse SPAC directors of breaching their fiduciary duties base on flaws in years-old proxy statements that became problematic only when the combined company underperformed." Even though applying the entire fairness standard, VC granted the motion to dismiss in the Hennessey case.