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SEC Staff Issues New Guidance on Debt Tender Offers

On November 18, 2016, the SEC’s Division of Corporation Finance released seven new Compliance and Disclosure Interpretations (“C&DIs”) pertaining to debt tender offers. The first two C&DIs apply to Regulation 14D and Section...more

Up-C Rule 144 Relief

On November 1, 2016, the SEC issued a no-action letter with respect to the required Rule 144 holding period after the exchange of partnership interests in an umbrella operating partnership (OP units) into shares of its parent...more

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