This multijurisdictional guide covers common issues in initial public offerings, including the IPO process, regulatory architecture, public company responsibilities, potential risks, liabilities, and pitfalls.
If the US national debt reaches the limit set by the US Congress, a question would arise whether there is a risk that the United States might default on its obligations. With this curated selection of resources, learn about the implications in terms of disclosures for public companies, the impact on government contractors, and other issues.
A recent letter from 21 state Attorneys General to various asset managers demonstrates a focus on using antitrust and unfair competition laws to oppose ESG efforts. In this Client Alert, Latham & Watkins attorneys review the major enforcer and congressional statements over the past year that have raised antitrust and competition concerns with ESG initiatives; analyze how the AG Letter reflects a refinement of theories of harm under state and federal competition laws; and provide guidance to entities implementing ESG policies on how to minimize legal risks.
While issuers continue to commit to sustainability/ESG objectives, for the first time since sustainability-linked bonds (SLBs) emerged, certain SLB issuers missed their sustainability targets in 2022 and early 2023. Further, market participants have recently expressed concerns about other SLB issuers in danger of not hitting their SPTs and, in general, about the credibility of SLBs in light of issuer ambitions and incentives to achieve sustainability targets. Issuers should consider the ambitiousness of their sustainability targets, any challenges in achieving the targets on schedule, and how they will prove their progress. In this resource, Latham & Watkins provides 10 takeaways relating to these developments for potential SLB issuers and their underwriters.
Many complex and large lawsuits end up in mediation. However, because of various characteristics of securities class actions, including the law and procedures that are applicable to securities claims and the way the insurance is generally structured, it is difficult to manage mediations of these cases. This article discusses some of these challenges.
Learn about the EU's FSR, which will apply beginning in July 2023, and implications risks, and steps to be taken in preparation.