Sideways: Trump’s motley Spac crew

A lawyer with a specialism in helping Chinese companies to float in the US is among the cast of characters working on Donald Trump’s Spac.

Barry Grossman, one of the lawyers involved in a special purpose acquisition company (Spac) that seems set to create a windfall profit for its sponsors and Donald Trump, highlights a role helping Chinese companies to list in the US among his business achievements.

That particular line of fee generation is dormant at the moment after China effectively banned new US listings by its companies, a personal goal that Trump failed to achieve while he was in office.

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