In November 1991, Robert Maxwell — the larger-than-life publishing magnate — mysteriously drowned alongside his yacht. Within months of Maxwell’s death, his media empire had collaps...

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion? Rural/Metro provides a cautionary tale f...

Despite pressure on US public companies to adopt certain governance practices, a review ofthe largest initial public offerings (in terms of deal size) shows that newly public companiescon...

In a recent article in Global Capital, Annette Nazareth and Jeff Dinwoodie of Davis Polk’s Financial Institutions Group discuss the CFTC rules and regulations governing derivatives clea...

Davis Polk lawyers Meyer C. Dworkin and Monica Holland recently contributed a chapter to The International Comparative Legal Guide to: Lending & Secured Finance 2014, Second Edition. In ?...

COMMENTARY BY MARSHALL HUEBNER Interest rates that remain near zero and debt maturities that have been pushed out to 2017 and 2018 have helped drive Chapter 11 filings to historic lows....

On March 12, the SEC issued a 400-page rule proposal that, if adopted as proposed, would impose a multitude of new compliance requirements on The Options Clearing Corporation (“OCC”),...

Davis Polk lawyers Timothy Graulich, Giorgio Bovenzi, James I. McClammy and Hiroshi Sugiyama recently published an article in the March issue of NBL (New Business Law), a Japanese law jou...

In the United States, the Dodd-Frank Act and Commodity Futures Trading Commission (“CFTC”) rules require a broad range of U.S. and non-U.S. market participants to clear certain swap t...