April 15, 2024
9:00 a.m. – 5:30 pm EDT

This program, hosted by PLI and chaired by Mayer Brown partner, Eddie Best, provides a comprehensive discussion of special purpose acquisition companies (“SPACs”) with a focus on key business, legal, SEC reporting and accounting developments and considerations in each phase of the SPAC’s finite, fast-paced life cycle.

Eddie Best will kick off the program with opening remarks, then will participate on the panel, “Current Challenges Through the Life Cycle of SPAC Transactions,” which will cover current reporting, regulatory, and legal issues surrounding the SPAC process. He will also participate on the panel, “The De-SPACing Transaction in the Current Environment,” focusing on the de-SPACing process, including related reporting on a “Super Form 8-K,” market communications, and managing legal risk.

Visit the event webpage for more information.

In this MB Microtalk video, Mayer Brown’s James Taylor discusses “Greenwashing,” or essentially portraying a company’s products, activities or policies as having positive environmental outcomes when that is not the case.

This microtalk is a part of a series on Greenwashing. Watch the other episodes on our MB Microtalk page.

Jennifer Zepralka joined our Washington D.C. office as a partner, and comes to us from the SEC, where she led the Office of Small Business Policy, working on major rulemakings.  Her insights will prove valuable to clients navigating an increasingly complex regulatory environment.  Jennifer brings a wealth of experience advising companies on compliance, corporate and federal securities law, and ongoing SEC reporting. Prior to joining Mayer Brown, Jennifer served two stints at the SEC, holding key roles in the Division of Corporation Finance, and also undertook corporate governance work as a partner in a global law firm.  She joins lawyers in our Public Companies & Corporate Governance practice and our Public Policy, Regulatory & Government Affairs practice. 

Read more about Jennifer here.  Jennifer will be a regular contributor to the blog.

The SEC paused implementation of the climate-related disclosure rules in the face of significant legal challenges.  The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for certain companies, greenhouse gas emissions.

The SEC had proposed the rules two years ago and received significant comments.  The final rules took into account concerns raised by market participants and removed the Scope 3 disclosure requirement and added materiality qualifications, among other notable changes.  However, the final rules continue to impose costly disclosure requirements.  The plaintiffs in the cases, including SEC registrants, say the final rules are beyond the SEC’s statutory authority, that some would compel speech on controversial topics in violation of the First Amendment, and that the SEC failed to comply with certain provisions of the Administrative Procedure Act. 

In the SEC order, the SEC notes that, “Given the procedural complexities accompanying the consolidation and litigation of the large number of petitions for review of the final rules, a commission stay will facilitate the orderly judicial resolution of those challenges and allow the court of appeals to focus on deciding the merits.”

The SEC notes “the Commission will continue vigorously defending the final rules’ validity in court and looks forward to expeditious resolution of the litigation.”

In this MB Microtalk video, Mayer Brown’s James Taylor discusses “Greenwashing,” or essentially portraying a company’s products, activities or policies as having positive environmental outcomes when that is not the case.

This microtalk is a part of a series on Greenwashing. Watch the other episodes on our MB Microtalk page.

In this MB Microtalk video, Mayer Brown’s James Taylor discusses “Greenwashing,” or essentially portraying a company’s products, activities or policies as having positive environmental outcomes when that is not the case.

This microtalk is a part of a series on Greenwashing. Watch the other episodes on our MB Microtalk page.

In this MB Microtalk video, Mayer Brown’s James Taylor discusses “Greenwashing,” or essentially portraying a company’s products, activities or policies as having positive environmental outcomes when that is not the case.

This microtalk is a part of a series on Greenwashing. Watch the other episodes on our MB Microtalk page.

Weinberg Center for Corporate Governance 

2024 Weinberg Center Distinguished Speaker Larry A. Cunningham

Webinar | April 11, 2024

1:00 p.m. – 1:50 p.m. EST

Register here.

Corporate leaders face complex challenges in responding to public debates on contentious topics. They must balance competing pressures to speak or remain silent, while navigating the polarization of today’s discourse and the diverse and powerful interests of various constituents not only among shareholders but employees, consumers, and civil society groups. In this talk, Larry Cunningham will suggest that corporate leaders should not follow a fixed or ideological rule on whether to take public positions, but rather a pragmatic approach that evaluates the specific context and circumstances of each situation. The talk will use the history and law of corporate governance, as well as practical experience, to illustrate that the best strategy for each board and CEO will vary depending on the unique features of their corporation and its leadership, its shareholder base, its workforce, the markets it serves, and how these factors relate to given public debates.

Webinar | April 11, 2024
2:00 p.m. – 3:00 p.m. EDT
Register here.

Given market conditions, issuers in a range of industries may be evaluating potential liability management transactions, including debt repurchases, and tenders or exchange offers. In some cases, no-action letter relief may provide issuers with greater flexibility for tender offers for non-convertible debt securities, including non-investment grade debt securities.

During this session, John Ablan, John Berkery, and Remmelt Reigersman will address:

  • Liability management options and objectives;
  • Redemptions;
  • Open market repurchases;
  • Debt tender offers, generally;
  • No-action letter relief for non-convertible debt securities;
  • Exchange offers;
  • Consent solicitations; and
  • Tax considerations