Compliance deadline approaches for leveraged lending Final Guidance *

USA - May 13 2013
Prompted by concerns about increasing leveraged lending volumes since 2009 and deterioration of prudent underwriting practices, the Office of the…

Co-authors: Ellen L. Marks, Alan W. Avery, Gitanjali P. Faleiro, Melissa S. Alwang.

The bought deal Bible: a user’s guide to bought deals and block trades *

USA - March 15 2012
It’s Monday morning and you’ve been told that your favorite seasoned issuer is planning a bought deal that is scheduled to launch after the close of trading on Wednesday.

Co-authors: Brandon J. Bortner, Kirk A. Davenport II, Alexander F. Cohen, Dana G. Fleischman, Joel H. Trotter.

Adjusted EBITDA is out of the shadows as staff updates non-GAAP interpretations *

USA - February 22 2010
The Staff of the Division of Corporation Finance of the Securities and Exchange Commission (SEC) recently updated its guidance regarding the use of non-GAAP financial measures in SEC filings and other public disclosures.

Co-authors: Kirk A. Davenport II, Alexander F. Cohen, Joel H. Trotter.

“Testing the waters” ahead of exchange offers *

USA - February 11 2010
Companies seeking to restructure their debt by means of a registered exchange offer face a difficult challenge.

Co-authors: Conor B. French, Kirk A. Davenport II, Alexander F. Cohen.