Michael Kaplan

Davis Polk partners and Israel practice co-heads Michael Kaplan and Lee Hochbaum recently authored “SEC proposes new SPAC rules that are expected to significantly reduce SPAC activity?...

SPACs remain in the SEC’s crosshairs with this comprehensive rule proposal that expands the scope of underwriter liability, amends the scope of a safe harbor for financial projections a...

The long-expected but controversial proposal would require disclosure of climate-related risks, greenhouse gas emissions and climate-related financial metrics. If adopted, the proposal wo...

Proposed rules would require cybersecurity incident and risk management disclosures and may compound compliance costs and enforcement risks.

A new SEC proposal would shorten the securities settlement cycle to one business day for most transactions.

The SEC’s proposals include cooling-off periods for Rule 10b5-1 trading plans, public disclosure around Rule 10b5-1 trading plans, significant new disclosures for option grants and stoc...

This client update highlights some considerations for the preparation of your 2021 annual report on Form 20-F. As in previous years, we discuss both disclosure developments and continued ...

The SEC finalized rules to implement the Holding Foreign Companies Accountable Act. The law was enacted in 2020 in response to the inability of the PCAOB to inspect the audits of China-ba...

The new rule may make it easier for dissidents to persuade shareholders to vote for a few nominees opposed by management in order to “send a message.”

On November 4, 2021, ISS proposed for comment potential U.S. voting policies. Of particular note are proposed policies where ISS will hold directors accountable at U.S. companies with mul...