Photograph of skyscrapers with glass windows from the ground facing up to a blue sky

Author: Alyson Clabaugh

Four People Racing in Marathon, crossing finishing line

The State of COVID-19 Disclosure, Part III: CARES Act Relief

Four People Racing in Marathon, crossing finishing line

You did it. You’ve reached the third and final installment of our series on the “state of COVID-19 disclosure.” Previous episodes focused on language concerning debt covenants and going concern opinions. Today, we’re going to see what publi...

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Ocean Lighthouse Wide Shot with Cloudy Background

The State of COVID-19 Disclosure, Part II: Going Concern

Ocean Lighthouse Wide Shot with Cloudy Background

Two weeks ago, the SEC urged public companies to speak frankly to investors about how the pandemic is impacting their financial health. The SEC even included a helpful guide, listing topics that issuers’ disclosures should cover. Those topi...

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Debt covenant obstacle course

The State of COVID-19 Disclosure, Part I: Debt Covenants

Debt covenant obstacle course

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 biggest obstacles in the fight against COVID-19, and it seems to be coming from everywhere. But if...

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Caution: Slow Road Ahead

EGCs Say Not So FASB on New Lease Standard

Caution: Slow Road Ahead

You’ve been worried about facemasks. You’ve been worried about antibody tests. You’ve been worried about whether your seventh grader’s brain is atrophying, and also why her school district is sending so very many emails. The last thing you...

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Rows of empty, numbered baseball stadium seats

M&A Lawsuit Holds Answer to Billion-Dollar MAE Question

Rows of empty, numbered baseball stadium seats

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 Baseball season? One such question, with billions of dollars on the line, is this: what happens to...

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