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

Read More
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...

Read More
Kids playing in the backseat

LIBOR Transition Gets Real at SEC, OCIE

Kids playing in the backseat

Remember when you were eight years old and your parents warned you to knock it off in the back of the car, and then warned you again, and then warned you a third time that no really, don’t test us, you better stop? Well, in related news, fe...

Read More
Typewriter typing "fade in" lawsuit

Tesla Meeting, Compensation in Limbo

Typewriter typing "fade in" lawsuit

Tesla was supposed to hold its annual meeting on July 7. But then, when was the last time something involving Elon Musk went according to script? As Musk explained in tweets screenshotted into Tesla’s filing on the matter, the delay gives C...

Read More
Little girl with pigtails in white lying on the floor

Five Procedural Defenses Against Virtual Annual Shareholder Meeting Glitches

Little girl with pigtails in white lying on the floor

When virtual work meetings go wrong, the damage is usually limited. The parent of a rambunctious toddler might suffer some embarrassment, but that’s about it. But for the unprecedented number of public companies that adopted a virtual forma...

Read More