A partner and member of Davis Polk’s Corporate Department, Mr. Dallas is a founding partner of the Menlo Park office. He advises on corporate finance, derivatives, SEC disclosure and corporate governance. His transactional work includes initial public offerings (with an emphasis on high-technology and bio-technology companies), high-yield, convertible and straight debt offerings and issuer repurchase programs.
Mr. Dallas has been the primary capital markets partner for Comcast, E*TRADE, MASCO, NBCUniversal, Oracle, Roper Industries, SAIC and Texas Instruments. He also regularly represents leading underwriters. Mr. Dallas authored three recent SEC no-action letters, two for Comcast permitting its then 51% subsidiary, NBCUniversal, to be treated as wholly owned for purposes of reduced SEC periodic reporting, one confirming this relief following the acquisition form GE and one for SAIC permitting it to use Rule 14a-16 (Notice and Access) for the pending collapse of its holding company structure.