Bruce K. Dallas
A member of Davis Polk’s Corporate Department, Mr. Dallas is a founding partner of the Menlo Park office. He advises on corporate finance, derivatives, SEC disclosure and corporate governance. His transactional work includes initial public offerings (with an emphasis on bio-tech and high-tech companies), high-yield, convertible and straight debt offerings and issuer repurchase programs.
Mr. Dallas has been the primary capital markets partner for Comcast, E*TRADE, Leidos, MASCO, NBCUniversal, Roper Industries, Science Applications International Corporation and Texas Instruments. He also regularly represents leading underwriters. Mr. Dallas authored three recent SEC no-action letters, two for Comcast permitting its then 51% subsidiary, NBCUniversal, to be treated as wholly owned for purposes of reduced SEC periodic reporting, one confirming this relief following the acquisition from GE and one for SAIC permitting it to use Rule 14a-16 (Notice and Access) for the pending collapse of its holding company structure.
Masco’s $1 billion spinoff of TopBuild
An aggregate of $20.4 billion in debt offerings by issuers including Comcast, Texas Instruments and TTX Company
Initial public offerings by Achaogen, Adamas Pharmaceuticals, Aimmune Therapeutics, Atara Biotherapeutics, Global Blood Therapeutics, Loxo Oncology, Revance Therapeutics and Versartis
Equity offerings by Atara Biotherapeutics, BIND Therapeutics, Endocyte, Esperion Therapeutics, Portola Pharmaceuticals, Revance Therapeutics, Versartis, Xencor and Xenoport
An aggregate of $3.3 billion in convertible notes offerings by Anacor Pharmaceuticals, Brocade Communications Systems, Cepheid, Depomed, Electronics For Imaging, FireEye, Palo Alto Networks and Xenoport
Mr. Dallas is consistently recognized as a leader in the legal industry:
- Chambers USA – Capital Markets: California, Band 1, so ranked every year since the inaugural issue in 2007
- Chambers Global
- Legal 500 U.S.
- Daily Journal – “Top 100 Lawyers,” California
- PLI: Drafting Securities Filings, annually 2010-2015
- Northwestern Law School: 37th and 40th Annual Securities Regulation Institutes
- Society of Corporate Secretaries & Governance Professionals, 2009 National Conference
- Partner, 1994-present
- Associate, 1985-1994
- Law Clerk, Hon. Harry W. Wellford, U.S. Court of Appeals, Sixth Circuit, 1984-1985