DealLawyers.com Blog

July 8, 2008

Activists, Swaps & the SEC: A CSX Update

In this podcast, Ron Orol, Senior Writer for The Daily Deal, discusses activists, swaps and the SEC in light of the CSX decision, including:

– Can you explain how activist fund managers are attempting to use cash settled swaps to evade SEC reporting?
– How did The Children’s Investment Fund use swaps with respect to CSX and what was the impact?
– Do you expect the CSX decision to have any effect on the SEC’s rules or interpretations?

By the way, Gibson Dunn recently held a webcast on the CSX decision and has posted this archive.