Biography

P.J. advises public companies on a day-to-day basis on disclosure issues; securities law compliance; key risk areas, including cybersecurity and ESG and sustainability; restatements and internal control issues; executive compensation and proxy advisory firm policies; and board-related issues, such as director independence, refreshment and committee structure. P.J. counsels boards on sensitive matters that are frequently confidential in nature. Her practice also includes the SEC aspects of merger and acquisition and securities transactions. P.J. is a member of the planning committee for the Northwestern Pritzker Law School’s 2022 Annual Securities Regulation Institute. P.J. frequently speaks and writes on SEC issues and is a regular contributor to Weil’s Governance & Securities Watch (blog).
Prior to joining Weil, P.J. was Special Counsel in the SEC’s Office of Chief Counsel and the Office of Mergers & Acquisitions of the Division of Corporation Finance. She was a primary drafter of some of the SEC’s most significant corporate finance initiatives during her tenure. These initiatives included the April 2000 Internet Interpretive release (regulation of corporate and broker-dealer communications on the Internet) and the Report of the Task Force on Disclosure Simplification (reviewing and recommending reform of all SEC corporate finance rules). Additionally, P.J. was a key contributor in crafting Regulation M-A (dramatic restructuring of all SEC rules applicable to mergers & acquisitions and tender offers).
Experience
Representative clients include:
- Core-Mark Holding Company, Inc.
- Genworth Financial
- MGM Resorts International
- Micron Technology
- Public Service Enterprise Group
- Signet Jewelers
- Skillsoft Corporation
- Synchrony Financial
- TE Connectivity
- Vonage Holdings Corp.
- Willis Towers Watson
Representative business combination transactions include:
- ATI Physical Therapy (a portfolio company of Advent International) in its $2.5 billion business combination with Fortress Value Acquisition Corp. II, a SPAC sponsored by Fortress Investment Group
- Getty Images Inc. in its approximately $4.8 billion business combination with CC Neuberger Principal Holdings II, a SPAC formed by a partnership of CC Capital and Neuberger Berman
- Software Luxembourg Holding S.A. in its $1.3 billion merger with and into Churchill Capital Corp II, a SPAC sponsored by the Churchill Capital Group
- Willis Towers Watson PLC in its proposed $80 billion combination with Aon PLC
Representative post-IPO clients include:
- Avista Public Acquistion Corp. II
- Jack Creek Investment Corp.
P.J. is recognized as an expert in Corporate Governance by Expert Guides’ “Women in Business Law” and was named “Best in Corporate Governance” at Euromoney Legal Media Group’s Americas 2019 Women in Business Law Awards. P.J. recently spoke at the Conference Board’s panel “Developments in U.S. & EU ESG Disclosure Rulemaking & What U.S. Companies Need to Know,” as part of The Society for Corporate Governance’s 2023 Eastern Regional Fall Conference.
P.J. received her J.D., with honors, from the University of Maryland Francis King Carey School of Law, where she was an editor of Maryland’s Law Review, and her B.S., magna cum laude, from the University of Maryland.
Awards and Recognition, Speaking Engagements, Latest Thinking, Firm News & Announcements
Awards and Recognition
- P.J. Himelfarb Recognized as a Corporate Governance “Expert” Award Brief — Expert Guides’ “Women in Business Law”
- P.J. Himelfarb Named “Best in Corporate Governance” Award Brief — Euromoney Legal Media Group Americas Women in Business Law Awards 2019
Speaking Engagements
-
The Society for Corporate Governance: 2023 Eastern Regional Fall Conference
Speaker(s):
Lyuba Goltser,
Robert Stern,
Annemargaret Connolly and
P.J. Himelfarb
October 5, 2023 — Several Weil Partners spoke at The Society for Corporate Governance’s 2023 Eastern Regional Fall Conference, including the following:
- Weil Public Company Advisory Group Co-Head Lyuba Goltser and Litigation Partner Robert Stern spoke on a panel titled “ESG Commitments in Practice: Guardrails for Managing Risks Around Development, Implementation, Disclosure & Withdrawal.”
- Weil’s Head of the Environmental Practice Annemargaret Connolly and Public Company Advisory Group partner P.J. Himelfarb spoke on a panel titled “Developments in U.S. & EU ESG Disclosure Rulemaking & What U.S. Companies Need to Know.”
-
Northwestern Law’s 50th Annual Securities Regulation Institute
Speaker(s):
P.J. Himelfarb and
Adé Heyliger
January 31, 2023 — Weil Public Company Advisory Group partner P.J. Himelfarb will moderate a panel titled “Recurring Disclosure Challenges” and Public Company Advisory Group partner Adé Heyliger will speak on a panel titled “Corporate Governance and Proxy Developments” as part of Northwestern Law’s 50th Annual Securities Regulation Institute.
Latest Thinking
-
SEC Disclosures of Artificial Intelligence Technologies
Blog Post — Weil Governance & Securities Watch
— By
P.J. Himelfarb and
Julie Rong
— November 28, 2023
The meteoric rise in generative artificial intelligence has dramatically altered the corporate landscape as companies increasingly invest in or incorporate artificial intelligence, including machine learning technologies (together referred to herein as “AI”), into their businesses. The increasing adoption of AI presents tremendous opportunities to harness data on a vast scale, but it also presents numerous […]
The post SEC Disclosures of Artificial Intelligence Technologies appeared first on Governance & Securities Watch.
... - A New Benchmark for Corporate Transparency on Climate – California Governor Newsom Signs Bills Establishing Corporate Climate Disclosure Standards, While Questioning the Feasibility of the Current Implementation Deadlines and Highlighting Concerns over Costs to Affected Businesses Alert — By Annemargaret Connolly, Lyuba Goltser, P.J. Himelfarb, Matthew D. Morton and Rebecca Grapsas — PDF — October 12, 2023
-
Preparing for New Form 10-Q and Form 10-K Disclosure Requirements: Upcoming Compliance Dates
Blog Post — Weil Governance & Securities Watch
— By
Lyuba Goltser,
P.J. Himelfarb and
Julie Rong
— September 26, 2023
During the last year, the SEC and listing exchanges have adopted a number of new rules applicable to public companies impacting disclosure, corporate governance and controls and procedures with a variety of upcoming compliance dates. In this Alert, we provide a snapshot summary of the new requirements and when the requisite disclosure must first be […]
The post Preparing for New Form 10-Q and Form 10-K Disclosure Requirements: Upcoming Compliance Dates appeared first on Governance & Securities Watch.
... - Preparing for New Form 10-Q and Form 10-K Disclosure Requirements: Upcoming Compliance Dates Alert — Governance & Securities — By Lyuba Goltser, P.J. Himelfarb and Julie Rong — PDF — September 26, 2023
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SEC Adopts Cybersecurity Disclosure Rules as Security Incidents Become More Frequent
Blog Post — Weil Governance & Securities Watch
— By
P.J. Himelfarb,
Lyuba Goltser,
Steven Bentsianov and
Shira Barron
— July 28, 2023
In response to a significant rise in cybersecurity incidents at public companies and the SEC’s view that there is inconsistent disclosure relating to such incidents, this week, the SEC adopted cybersecurity disclosure rules, with a few notable changes from the proposing release. The final rules will require a U.S. public company to disclose (1) on […]
The post SEC Adopts Cybersecurity Disclosure Rules as Security Incidents Become More Frequent appeared first on Governance & Securities Watch.
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Firm News & Announcements
- Twenty Partners Named 2022 Top Women in Business Law by Expert Guides Firm Announcement — October 05, 2022
- Weil Advised Getty Images in its $4.8B Business Combination with CC Neuberger Principal Holdings II Deal Brief — July 22, 2022