Partner Gillian Emmett Moldowan (New York – Compensation, Governance & ERISA) will co-present a webinar discussing the impact of COVID-19 on company equity plans and provide insights.

Shearman & Sterling is hosting a series of partner-led calls to answer your COVID-19 questions, including industry trends and the legal and business implications to the pandemic. The calls will take place Tuesday through Thursday, March 31–April 2 and  April 7–April 9.

As the world responds to COVID-19, we have identified a wide variety of compliance and legal considerations for asset managers. We previously summarized a select list of these considerations on March 18, 2020. Given the fast-evolving nature of the issues and the growing unpredictability of the extent and duration of the crisis, we have expanded on our original note.

Last Thursday, in a number of separate orders, notices and statements, the Federal Energy Regulatory Commission (FERC) announced new and supplemental policies to assist companies subject to FERC’s jurisdiction in meeting regulatory obligations and ensuring business continuity of their operations during the COVID-19 national emergency.

Shearman & Sterling hosted a series of partner-led calls to answer your COVID-19 questions, including industry trends and the legal and business implications to the pandemic. The calls took place Tuesday through Thursday, March 31–April 2 and April 7–April 9.

Rule Amendments Institute Streamlined Shelf Offering Filing Process, and other Substantive, Organizational, Clarifying and Terminology Changes

Sherman & Sterling took the number one spot in Corporate Counsel’s Best Of 2020 readers’ poll in the Corporate Transactions Practice Group category.

In response to the COVID-19 crisis, the European Commission is urging EU Member States to launch foreign direct investment (FDI) screening, capital controls and “all other available options” to shield European businesses, infrastructure or technologies of strategic importance from foreign takeovers during this unprecedented turmoil. In its Guidance Paper of March 25, 2020, the Commission also vigorously prompts Member States to establish fully-fledged systems as twelve of them do not yet have screening mechanisms in place.

On March 25, 2020, the U.S. Senate unanimously passed a $2 trillion federal economic stimulus package that would allocate roughly $377 billion for small business loan programs to provide cash-flow assistance to qualifying businesses. The House of Representatives passed the Act and it was enacted into law on March 27, 2020. 

Partner James Clayton-Payne (Singapore-Mergers & Acquisitions) and counsel Sean Murphy (Hong Kong-Investment Funds) were quoted by DealStreet Asia in the article titled “First-time funds brace for rocky start as COVID-19 lingers on.” The article discusses how fundraising and LP or GP relations have been impacted by COVID-19.