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Category: News

Blank Paper Cheque - Financial Services

Bill Ackman Prepares Mother of All SPACs

Blank Paper Cheque - Financial Services

Bill Ackman wants to bag an elephant. The hedge-fund billionaire with the flashy and often successful bets is now getting behind a special purpose acquisition company, or SPAC. And in typical fashion, he’s going big—preparing to raise $4 bi...

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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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Amplifying voices: Microphone confronting racial inequality

Issuers Pushed to Stand Up on Social Issues

Amplifying voices: Microphone confronting racial inequality

If you streamed Hamilton last weekend, you saw opposing sides of a question facing today’s public companies personified by two 18th-century politicians. The question is whether to stake out a position on hot-button issues. Aaron Burr cautio...

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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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Stocks of fruits and vegetables under CARES Act.

Federal Reserve Forces Banks to Stock Up on Capital

Stocks of fruits and vegetables under CARES Act.

Just when it felt like we were getting past the coronavirus, the resurgent disease is forcing government officials to tighten their controls. It’s happening in the Sunbelt, where governors are reversing course and shuttering bars, gyms and...

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