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 ...
Chancellor Rishi Sunak announced late last week a series of measures designed to support the UK economy through the coronavirus (COVID-19) pandemic. These measures are in addition to the ...
The CARES Act provides for a $349 billion expansion of the existing Small Business Administration loan program for small businesses. However, the CARES Act does not appear to have overrid...