Morrison & Foerster partners David M. Lynn and John M. Rafferty explain the impact that the government shutdown could have on companies looking to go public in the Washington Post article, “The Technology 202: The shutdown is over, but companies trying to go public are still in limbo.”
"There's a lot of uncertainty in the market, and that never bodes particularly well for IPOs," said Mr. Lynn.
Regarding a potential economic downturn following the shutdown, Mr. Rafferty advised, “If the markets were to soften up in the next couple months or so, this could be a real problem for companies that could have gone out during this time period."
