Phyllis G. Korff

Aug 31, 2023 | lexology.com | Edward S. Best |Matthew Bisanz |Jennifer Carlson |Andrew Olmem |Anna Pinedo |David A. Schuette | +6 more

On August 29, 2023, US federal banking regulators issued a proposal for long-term debt (“LTD”) requirements for certain midsize and larger US banking organizations (the “LTD Proposal”).1 The LTD Proposal is important because it would require many regional and larger banking organizations to issue significant amounts of LTD. While it would be phased-in over three years, regulators estimate that affected banking organizations would need to issue approximately $70 billion of new LTD over that time.

May 8, 2023 | lexblog.com | John Ablan |Jennifer Carlson |Lawrence Hamilton |Phyllis G. Korff

Anna Pinedo is a partner in Mayer Brown’s New York office and a member of the Corporate & Securities practice. She concentrates her practice on securities and derivatives. Anna represents issuers, investment banks/financial intermediaries and investors in financing transactions, including public offerings and…Anna Pinedo is a partner in Mayer Brown’s New York office and a member of the Corporate & Securities practice. She concentrates her practice on securities and derivatives.

May 8, 2023 | lexology.com | John Ablan |Jennifer Carlson |Lawrence Cunningham |Phyllis G. Korff |Anna Pinedo |Laura D. Richman | +1 more

Executive Summary On May 3, 2023, the U.S. Securities and Exchange Commission (the “SEC”) adopted, by a 3-to-2 vote, amendments (the “Amendments”)1 to its existing rules (the “Existing Rules”) regarding disclosures about purchases of an issuer’s equity securities by or on behalf of the issuer or an affiliated purchaser, commonly referred to as “buybacks.” The Amendments require quantitative and qualitative disclosure of buybacks on a day-by-day basis but, in a significant change from the...

Mar 13, 2023 | lexology.com | Edward S. Best |Matthew Bisanz |Jennifer Carlson |Lawrence A. Cunningham |Phyllis G. Korff |William R. Kucera | +7 more

Companies will be affected in a variety of ways by the receivership of Signature Bank, Silicon Valley Bank and any other similarly situated financial institution. Companies may face difficulty accessing cash deposits, bank facilities or the capital markets or limitations on money market transactions or commercial paper facilities.