People

Knute J. Salhus

Partner

Co-Chair, Public Company Counseling Group

Salhus, Knute J.

Knute Salhus has practiced corporate and securities law for more than 30 years, both in private practice and as Special Counsel with the Division of Corporation Finance of the US Securities and Exchange Commission. His practice focuses on corporate finance, governance, business transactions and federal securities law compliance.

Practice

Mr. Salhus advises domestic and foreign companies and financial institutions regarding corporate and securities law issues arising in their business, including disclosure and other requirements under the Securities Act of 1933, the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002, and the Dodd-Frank Act. He also assists clients in structuring and negotiating strategic business transactions, and complying with evolving governance standards and stock exchange rules. Mr. Salhus has experience in a broad range of transactions, including public and private securities offerings (representing issuers, underwriters and investors), mergers and acquisitions, securitizations and other financing transactions.

During his tenure at the SEC's Division of Corporation Finance (1992-1997), Mr. Salhus had primary responsibility for legal and policy issues arising in public offerings and filings in the structured finance, entertainment, technology, insurance and investment banking groups.

Honors & Awards

  • Recommended in the 2016 and 2017 editions of The Legal 500 United States for his corporate governance practice

Publications & News

View

December 6, 2017

WilmerHale Represents Regal Entertainment Group in Signing of Definitive Agreement to Be Acquired by Cineworld Group PLC

Regal Entertainment Group announced that it has entered into a definitive merger agreement with Cineworld Group PLC for Cineworld, the UK's largest cinema operator.

July 24, 2017

Keeping Current With Form 8-K: A Practical Guide

Keeping Current With Form 8-K: A Practical Guide provides a summary of both the substantive and procedural aspects of Form 8-K. The first section of this guide discusses filing mechanics, including filing deadlines, cover page check boxes, exhibit requirements and certain other technical and related matters. The second section discusses each reportable event and includes practice tips for complying with the Form 8-K requirements and implementing effective controls and procedures. The last two sections of this guide outline the impact of the Form 8-K requirements on controls and procedures and the liabilities and limited relief related to the requirements.

June 9, 2017

The Legal 500 United States 2017 Recognizes 125 WilmerHale Lawyers Across 28 Practice Areas

The Legal 500 United States has released its 2017 rankings, recommending 125 WilmerHale lawyers—including 12 who are named to its elite “Leading Lawyers” list and two on its “Next Generation Lawyers” list—and 28 practice areas in its 11th edition.

September 13, 2016

WilmerHale Advises Thermo Fisher Scientific in €1.6B Eurobond Public Offering

Thermo Fisher Scientific Inc. announced the completion of its public offering of €1 billion aggregate principal amount of 0.750% Senior Notes due 2024 and €600 million aggregate principal amount of 1.375% Senior Notes due 2028 at the issue prices of 99.122% of the principal amount and 99.748% of the principal amount, respectively.

July 20, 2016

WilmerHale Advises PerkinElmer in €500M Eurobond Offering

PerkinElmer, Inc., a global leader focused on improving the health and safety of people and the environment, announced that it has completed a public offering of €500 million aggregate principal amount of 1.875% Senior Notes due 2026 at an issue price of 99.118% of the principal amount.

June 22, 2016

The Legal 500 United States 2016 Recognizes 111 WilmerHale Lawyers Across 30 Practice Areas

The guide's rankings are based on a series of criteria, including client feedback, interviews with private practice lawyers, and its own research.

May 25, 2016

Applying the New SEC Staff Guidance on Non-GAAP Measures to Your Next Earnings Announcement

All public companies should consider and address the SEC staff's new guidance, as well as other recent developments regarding the use of non-GAAP measures, as they prepare for their next earnings announcement. To help you work through the implications of the new guidance, we discuss the new and revised CDIs, and offer our analysis of key takeaways and action items.

December 10, 2015

Overview of Securities Law Provisions of the FAST Act

On December 4, 2015, President Obama signed into law the Fixing America’s Surface Transportation Act. The FAST Act, which is aimed principally at authorizing spending on highway and transit projects, includes several amendments to the Jumpstart Our Business Startups Act (JOBS Act) and other securities law provisions, some of which are effective immediately.

May 8, 2015

SEC Proposes Dodd-Frank Pay-Versus-Performance Disclosure Rules

On April 29, 2015, the Securities and Exchange Commission (SEC) voted 3-2 to propose new rules requiring companies to disclose the relationship between executive compensation “actually paid” and the company’s “financial performance.”

May 1, 2015

SEC Adopts Rules to Implement Regulation A+, Providing New Avenue for Capital Formation

On March 25, 2015, the Securities and Exchange Commission adopted amendments to Regulation A pursuant to Section 401 of the Jumpstart Our Business Startups Act for offers and sales of up to $50 million of securities annually. Regulation A+ creates two tiers of offerings that are exempt from registration under the Securities Act of 1933.

Professional Activities

Mr. Salhus is a member of The Association of the Bar of the City of New York, the American Bar Association (Business Law Section) and the Association of Securities and Exchange Commission Alumni. He is a frequent writer and speaker on securities law topics.

Practices

Skip Navigation Links.

Education

JD, with High Honors, Rutgers University, 1987, Editor, Rutgers Law Review

BA, Cornell University, 1979

Bar Admissions

New York

Government Experience

Skip Navigation Links.