William J. Chudd

The recent Mindbody decision provides a useful refresher on the pitfalls to avoid when selling or buying a Delaware publicly traded company.

This client update identifies the principal issues that private equity firms and their portfolio companies should consider and address with the help of counsel before any purchase of port...

The SBA has issued a long-awaited Procedural Notice providing guidance on the procedures for changes of ownership of an entity that has received Paycheck Protection Program funds.This mem...

The contours of the new federal programs to support businesses change almost daily. Our updated deck sets out what companies need to know about the CARES Act and other Federal Reserve pro...

A deck on the Small Business Administration’s Paycheck Protection Program, including information on the Federal Reserve’s liquidity facility.

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) established a new Paycheck Protection Program (PPP) that launched on Friday, April 3—one week after its enactment.  Th...

The CARES Act provides for a $349 billion expansion of the existing Small Business Administration loan program for small businesses. However, the CARES Act does not appear to have overrid...

Davis Polk has prepared two memos describing key portions of the bill just signed into law: the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  In this memo, we cover the...

The coronavirus (COVID-19) emergency has led to the debt of many companies in private equity portfolios trading at a significant discount. As a result, an increasing number of private equ...

Minority equity investments in public companies are on the rise.These are often structured as an investment in convertible preferred stock to give the investor a senior position to other ...