SPACs are the hottest business story of the year. In the latest episode of our View from the Valley podcast series, Freshfields partners Boris Feldman, Pamela Marcogliese and Michael Levitt are joined by Stanford professor Michael Klausner, one of America’s foremost experts, to discuss the ins and outs of the SPAC craze – from how they perform for investors and targets to whether they’re a likely source of future litigation.