In response to the coronavirus (COVID-19) emergency and potential liquidity issues for registered funds, the SEC has provided temporary relief to allow registered funds to sell assets to,...
Today, the Financial Conduct Authority (“FCA”) has issued a Statement of Policy containing a series of measures intended to assist listed companies during the coronavirus (COVID-19) p...
Recognizing that many companies will have “urgent liquidity needs” in the coming months as a result economic and market conditions related to the spread of COVID-19, on Monday the New...
The coronavirus (COVID-19) pandemic and the ensuing market uncertainty, as well as recently enacted legislation, have upended the compensation and benefit programs of many companies. Thes...
Davis Polk partner Jason Kyrwood authored “COVID-19: Loan Agreement Considerations for Corporate Borrowers” in a recent edition of Practical Law (Thomson Reuters). The article discuss...
The novel coronavirus (COVID-19) pandemic has had, and will continue to have, a significant impact on the global economy, businesses and individuals. This memorandum summarizes the ways i...
Today the Pre-Emption Group (“PEG”) announced its expectations with regard to issuers complying with the Pre-Emption Group Principles in light of the unparalleled economic situation c...
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020 and, as part of its broad financial assistance and economic relief provisions, con...
As legal and governance officers continue to field urgent questions over the fallout from the COVID-19 pandemic, we’ve added several more items to our memo summarizing our thinking on t...
With the end of the first quarter upon us, we’ve put together some practical tips and recommendations for those working on public company first quarter reporting in light of the impact ...