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SubscribeFive Lessons from Early Comment Letters on COVID-19
It’s still early, but we’re starting to learn more about how the SEC is policing disclosures around the pandemic. Like the disease itself, SEC comment letters take time to surface, and those we are seeing now are from the early days of the...
Read MoreIssuers 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 are worried that in our pandemic-spooked markets, opportunists will recognize that their s...
Read MoreFASB Gives Issuers a Break on Tough Lease-Accounting Questions
As the pandemic keeps brick-and-mortar businesses shuttered across the country, landlords are giving concessions to retailers, restaurants and offices that have been closed through no fault of their own. That’s welcome news for tenants. But...
Read MoreCorporate Debt Issuances Spike in Pandemic
In the pandemic, we’ve all become hoarders. Toilet paper. Disinfectant. Meat. And apparently, if you are a public company, there’s another staple you’re stockpiling in the basement: cold hard cash. According to data from the Intelligize pla...
Read MorePPP Presents PR, Accounting Pickles for Public Companies
Shake Shack is one of America’s favorite guilty pleasures. But it turns out the Shack isn’t immune to feeling some guilt itself. Last week, it returned a $10 million loan it had ordered from the Paycheck Protection Program (PPP). After disc...
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