IRS Finalizes Regulations Clarifying that an Issuer’s Financial Condition Will Generally Not Be Taken into Account in Determining Whether a Modified Debt Instrument Will Continue to Be Treated as Indebtedness

On Wednesday, 1 July we hosted a webinar where partners from across our African footprint, and a special guest from international law firm Sullivan & Cromwell, discussed:

The SEC named Stephanie Avakian and Steven Peikin as Co-Directors of the SEC Division of Enforcement. Ms. Avakian was Acting Director of the Division of Enforcement.

The Senate confirmed President Trump's nomination of Walter J. "Jay" Clayton III as Chair of the SEC.

Jay Clayton was sworn in as chairman of the SEC after the Senate voted 61 to 37 to approve President Trump's nomination.

In the high-stakes world of securities litigation, leaders excel while navigating complex legal issues, mentoring the next generation, and balancing personal commitments.

Most recently, Paul represented ServisFirst Bancshares Inc., a multistate bank-holding company, in its initial public offering.

Consistent with prior years, golden parachute amounts as a percentage of the target's equity value tend to increase as deals become smaller.

On Thursday, March 23, Jay Clayton, President Trump's nominee for Chair of the Securities and Exchange Commission, testified before the Senate Banking committee at his confirmation hearing.

Despite consternation from some quarters, Jay Clayton's experience representing Wall Street firms and other public companies is an asset not a liability for the Securities and Exchange Commission.

Qatar Airways has hired Weil, Gotshal & Manges LLP in New York and Carey in Santiago to acquire a 10 per cent stake in Chilean counterpart LATAM for US$613 million.

The SEC named Robert Stebbins as General Counsel. Previously, Mr. Stebbins was a partner at Willkie Farr & Gallagher.

SEC Chief of Staff Lucas Moskowitz will leave the agency in August 2019. The SEC named Sean Memon as the new Chief of Staff and Bryan Wood as Deputy Chief of Staff.

In the closing weeks of 2024, USPTO Director Kathi Vidal announced her departure in a November LinkedIn post, stating that she would leave the Office during the second week of December...

On January 4, 2017, President-elect Trump announced that he intended to nominate Jay Clayton, a Mergers & Acquisitions partner at Sullivan & Cromwell LLP, to succeed Mary Jo White as Chair of the SEC.

The Cayman Islands continue to be busy with cross-border activity and remains the most active offshore jurisdiction. Cayman-incorporated companies were the target of 421 transactions ...

SEC Enforcement Co-Director Steven Peikin will leave the SEC on August 14, 2020.

Mr. Clayton appears to have significant experience in matters of corporate law. Nominating an attorney with real business experience (as opposed to a litigator) to lead the SEC is a change in approach.

A new era at the SEC officially began last week when Jay Clayton was sworn in as the 32nd Chairman of the SEC.

On August 31, 2021, New York Governor Kathy Hochul announced that Adrienne Harris has been nominated as the next Superintendent of the New York State Department of Financial Services.