Davis Polk partner Alan Denenberg was quoted in Barron’s discussing the potential government shutdown and likely resulting disruption to securities offerings from curtailed SEC operations. Recalling the one-month shutdown that began in December 2018, Alan said there was a period of uncertainty about when deals would be able to hit the market. Today’s market is hotter, so the impact on IPOs and other offerings could be more severe, he noted.

“Republican Senators Block Bill to Keep Government Funded,” Barron’s, September 28, 2021 (subscription required)