Profile: Bruce K Dallas

Capital Markets

Biography: Capital Markets

A member of Davis Polk & Wardwell's corporate department, Mr Dallas advises on corporate finance, derivatives, SEC disclosure and corporate governance, including initial public offerings (with an emphasis on high-technology and biotechnology companies), high-yield and convertible debt offerings, registered and OTC prepaid forward monetisations and audit committee investigations.

He has been the primary capital markets partner for Comcast, E Trade, Gateway, Masco, Oracle and Sharper Image. His underwriter clients have included Morgan Stanley and JP Morgan. Mr Dallas's recent transactions include $9.3 billion in public debt offerings for Comcast, a $5.8 billion Rule 144A debt offering for Oracle, initial public offerings for Chipotle Mexican Grill, Somaxon Pharmaceuticals, SAIC and Trubion, and follow-on public equity offerings for XenoPort, FormFactor, NightHawk and Nuvelo. He represented Morgan Stanley in structuring McDonald's Corporation's $800 million spin-out of Chipotle, using the first ever dollar parity pricing tender offer mechanism.

Mr Dallas joined Davis Polk in 1985, became a partner in 1994, and is a founding partner of the Menlo Park office.

Mr Dallas graduated from Dartmouth College in 1979 with both an AB and an MA (Chemistry). In 1984 he received his MBA from Owen Graduate School of Management at Vanderbilt University, where he was a member of the Beta Gamma Sigma Honor Society, and his JD, Order of the Coif, from the Vanderbilt School of Law, where he was articles editor of the law review. He clerked for the Honorable Harry W Wellford, US Court of Appeals, Sixth Circuit, from 1984 to 1985. He is admitted to the bars of California and New York.

The Chambers USA Client's Guide to America's Leading Business Lawyers has consistently awarded Mr Dallas their highest ranking in capital markets.