COVID-19 and Public Companies: This is a developing (and updated) story

As legal and governance officers continue to field urgent questions over the fallout from the COVID-19 pandemic, we’ve added several more items to our memo summarizing our thinking on topics currently under discussion with public company clients. New topics include D&O insurance, M&A defense and drawing on your revolver. Because the judgments involved in addressing these topics are often nuanced, we welcome the opportunity to discuss your concerns directly. Please reach out to any of the lawyers listed in the sidebar or your usual Davis Polk contact.