Over the past 18 months companies have scoured their supply chains and wrestled with hard-to-interpret regulatory mandates in order to comply with the initial reporting deadline for the S...
The power and influence of proxy advisory firms in affecting the outcome of shareholder meetings have been hotly debated in recent years, with many seeking a regulatory solution. Yesterd...
The SEC’s official position last Friday, which we discussed here, reinforced the Staff’s earlier guidance, and boiled down to a requirement to comply with the conflict minerals rules ...
Today the SEC issued a stay of the conflict minerals rule – but the stay extends only to “the effective date for compliance with those portions of Rule 13p-1 and Form SD that would re...
The SEC staff has responded to the D.C. Circuit Court of Appeals’ April 14 decision, which found a key feature of the conflict minerals rule in violation of constitutional free-speech g...
While we are still in early days of the 2014 proxy season, trends are starting to emerge. The following update summarizes these developments:
Institutional investors promote governance r...
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...
The D.C. Circuit Court of Appeals issued an opinion today in the ongoing challenge to the SEC’s conflict minerals rule, holding that the rule violates the free-speech guarantee of the F...
Amid the recent uptick in U.S. IPO transactions to levels not seen since the heady days of 1999 and 2000, Davis Polk’s pipeline of deals remains robust, leading us to believe that stren...
A nonpublic company seeking access to the capital markets faces a largely binary choice between conducting a private placement, with few if any reporting obligations afterwards, and condu...
