Carsten Berrar joined a panel hosted by the Luxembourg-American Chamber of Commerce (LACC), in collaboration with the American Chamber of Commerce in Luxembourg (AMCHAM) and EY, to discuss special purpose acquisition companies (SPACs) and Luxembourg’s popularity as a jurisdiction for companies whose shares are being listed in connection with European transactions. The webinar, “SPAC Craze: Why sponsors and targets have become crazy about Luxembourg,” was held online on May 19. Topics discussed included how SPACs work and the key drivers behind SPAC activity; tax considerations relevant to Luxembourg in the SPAC context; and the flexibility of the legal regime to facilitate key features of SPACs.