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Tag: COVID-19

Bird on twig with worm

Five Lessons from Early Comment Letters on COVID-19

Bird on twig with worm

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...

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A pile of tablets and pills: medication and corporate governance

Issuers Find a Pandemic Remedy: the Poison Pill

A pile of tablets and pills: medication and corporate governance

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...

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Empty mall interior owned by Duke Realty in black and white

FASB Gives Issuers a Break on Tough Lease-Accounting Questions

Empty mall interior owned by Duke Realty in black and white

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...

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Forbes' Money Briefcase in black and white

Corporate Debt Issuances Spike in Pandemic

Forbes' Money Briefcase in black and white

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...

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Combo Burger Meal with fries on checkered basket

PPP Presents PR, Accounting Pickles for Public Companies

Combo Burger Meal with fries on checkered basket

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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