Publication
Compliance Quarterly Türkiye
In this issue of our Compliance Quarterly Türkiye, we continue to inform our clients about the global and local compliance rules and regulations which impact Turkish businesses.
US: It’s time to reconsider poison pill strategies
When stock prices drop for reasons unrelated to company fundamentals, those companies are vulnerable to opportunistic activists and potential unsolicited acquirors, who can otherwise acquire a large stake before filing a Schedule 13D or 13G or HSR Form. In addition, the CARES Act has provided for enhanced NOL carryback opportunities for some companies, increasing the need to protect their NOL assets. In both cases, companies need to consider measures to protect their shareholders to enable them to benefit from the return to more normal share prices or to realize the value of their NOL assets. In fact, 2020 has already seen a significant uptick in preemptive standard and NOL pill adoption.
View key areas public company boards should consider in the current environment.
Recent publications
Publication
High Yield Bonds: An Issuer's Guide (6th European Edition)
As with earlier editions, the 6th European Edition of High Yield Bonds: An Issuer’s Guide is primarily intended for first-time issuers, to give business owners, chief financial officers, treasurers, in-house lawyers and other key stakeholders a better understanding of the high-yield product, and to help them evaluate the pros and cons of issuing high-yield notes.
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