The State of COVID-19 Disclosure, Part I: Debt Covenants
It’s coming from celebrities. It’s coming from aunt Sally’s Facebook feed. It’s even coming from heads of state. Misinformation is one of the ...
EGCs Say Not So FASB on New Lease Standard
You’ve been worried about facemasks. You’ve been worried about antibody tests. You’ve been worried about whether your seventh grader’s brain i...
M&A Lawsuit Holds Answer to Billion-Dollar MAE Question
The pandemic has given rise to any number of troubling questions: How did it start? Are we “reopening” too soon? Will there be a Major League Base...
Issuers Find a Pandemic Remedy: the Poison Pill
As citizens of the world await a COVID-19 vaccine, public companies are turning to their medicine cabinets for another, older remedy. Those companies ...
SEC Offers Direction on COVID-19 Disclosures
The coronavirus outbreak presents something of a paradox for public companies. On the one hand, in disrupting commerce around the globe, the pandemic ...
SEC Won’t Let Companies Get Intoxicated by KPIs
Was Diageo PLC overserving its distributors? The Securities and Exchange Commission certainly seems to think so.
The SEC announced charges last mon...