Nick Dorsey, Ryan Patrone, Kelly Smercina and Margaret Rallings Contribute to the 2023 Chambers Acquisition Finance Guide

Cravath partner Nicholas A. Dorsey served as the co‑editor of the 2023 edition of the Chambers Acquisition Finance Guide, which is part of the publisher’s Global Practice Guide series. Nick also co‑authored, along with Cravath partners Ryan J. Patrone and Kelly M. Smercina and European Counsel Margaret R. M. Rallings, the U.S. chapter of the guide.

The chapter provides an overview of the U.S. acquisition finance market, covering topics including the common debt structures used for acquisition finance and the types of documentation needed for offers and agreements. The chapter also reviews jurisdiction features specific to the United States and how acquisition activity slowed in 2022 in light of geopolitical instability, rising inflation and interest rates and fears of a potential recession.

Please click here to read the Introduction.

Please click here to read the U.S. chapter.