White & Case Files $8M Match Versus Previous SPAC Customer

White & & Case on Monday took legal action against an unique function acquisition business for almost $8.3 million in legal costs, declaring the business is attempting to rapidly liquidate and liquify, obviously under Cayman Islands law, and leave the law office with “no methods” to recuperate any of the costs owed.

According to White & & Case’s grievance submitted in Manhattan Supreme Court, its previous customer, called Pillars Acquisition Corp. II and described as CAC II, informed the law office for the very first time in February that since it never ever effectively participated in “a company mix” with another business, after employing White & & Case to assist it with such a deal, “it was not needed to pay White & & Case anything for the previous 3 years of [legal] work.”

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