News & Analysis as of

Public Offerings Securities Act of 1933 Securities Regulation

Hughes Hubbard & Reed LLP

Hughes Hubbard Advises United Airlines on Pair of Offerings Totaling $2B

Hughes Hubbard advised United Airlines on the issuance of two series of senior notes, due in 2029 and 2031, for a combined principal amount of $2 billion. In the first transaction, United issued in a public offering $1...more

Cooley LLP

Corp Fin Issues “Reopening” Guidance (And It Has to Process 900 Registration Statements!)

Cooley LLP on

In addition to noting its backlog includes 900 registration statements, Corp Fin posted this list of 9 “reopening” FAQs, which can be summarized as follows...more

Cadwalader, Wickersham & Taft LLP

SEC Changes Course on Mandatory Issuer-Investor Arbitration Clauses

On September 17, 2025, the U.S. Securities and Exchange Commission (SEC) issued a policy statement potentially paving the way for the adoption of mandatory arbitration by issuers.  According to the policy statement, “the...more

Ropes & Gray LLP

SEC Staff Updates its Guidance to Enable IPO Registration Statements to Go Effective During Government Shutdown

Ropes & Gray LLP on

IPO companies and other companies may have their registration statements go effective automatically 20 days after filing by operation of Section 8(a) of the Securities Act of 1933 (the “Securities Act”), notwithstanding the...more

Nutter McClennen & Fish LLP

Nutter Securities Enforcement Update: 2024 Fourth Quarterly Review

The Nutter Securities Enforcement Update is a periodic update of noteworthy recent securities enforcement activity, settlements, decisions, and charges. We provide brief summaries that highlight recent enforcement action...more

Latham & Watkins LLP

The Latham FPI Guide: Accessing the US Capital Markets From Outside the United States - 2024 Edition

Latham & Watkins LLP on

Fabry-Pérot Interferometer, SA is a highly successful non-US company known to the world as FPI. FPI is considering doing a debt or equity offering in the United States. What are the key legal issues it, and its underwriters...more

Nutter McClennen & Fish LLP

Nutter Securities Enforcement Update: January 1, 2024

The Nutter Securities Enforcement Update is a periodic summary of noteworthy recent securities enforcement activity, settlements, decisions, and charges....more

Latham & Watkins LLP

The Latham FPI Guide: Accessing the US Capital Markets From Outside the United States - 2023 Edition

Latham & Watkins LLP on

Fabry-Pérot Interferometer, SA is a highly successful non-US company known to the world as FPI. FPI is considering doing a debt or equity offering in the United States. What are the key legal issues it, and its underwriters...more

Latham & Watkins LLP

The Latham FPI Guide: Accessing the US Capital Markets From Outside the United States - 2022 Edition

Latham & Watkins LLP on

Fabry-Pérot Interferometer, SA is a highly successful non-US company known to the world as FPI. FPI is considering doing a debt or equity offering in the United States. What are the key legal issues it, and its underwriters...more

Bass, Berry & Sims PLC

SEC Proposes to Expand “Test-the-Waters” to All Issuers

Bass, Berry & Sims PLC on

This week the SEC proposed to expand the “test-the-waters” accommodation—currently available to emerging growth companies (EGCs)—to all issuers, including investment company issuers. The proposed rule and related amendments...more

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