Photo of Allison Handy

Allison Handy is the firmwide co-chair of the Corporate & Securities practice. Her extensive experience includes advising public and private companies in connection with corporate governance practices, disclosure issues, and capital markets transactions, such as equity offerings, debt offerings and tender offers. She is also a leader of the firm’s Environmental, Social, and Governance advisory team.

Allison provides counsel to companies on a broad range of issues faced by management and directors in connection with the many compliance aspects of securities laws, including governance rules adopted by the Securities and Exchange Commission (SEC) and stock exchanges. She advises boards and committees in matters related to internal investigations and the efforts of shareholder activists, and works closely with in-house counsel, financial personnel, and outside auditors and advisors to help her clients prepare proxy statements and other reports to investors that meet complex disclosure obligations.

Following up on Broc’s blog about disclosure of “physical risks,” in parsing the SEC’s proposing release for climate disclosure, the SEC’s proposal would elicit disclosure about “transition risks.” When companies disclose a climate-related risk, they will need to identify whether the risk is a “physical risk” or a “transition risk.” And then disclose the

Leading up to the recent issuance of the SEC’s climate disclosure proposal, there has been much debate regarding the definition of “materiality” – both outside the SEC and reportedly even within it. The SEC’s proposing release deals with “materiality” in a variety of ways, including:


1. Avoidance of “Double” Materiality: The SEC’s proposing release first