Credit: Valery Kachaev/Adobe Stock Deal Watch: Debt Deal Makes 'One Less Straw' for Dealmakers to Contend With
"We are seeing clients working hard to get deals done," said Debevoise's Michael Diz, adding "there are a number of obstacles out there and you never know which one might be the straw that breaks the camel's back."
May 30, 2023 at 03:49 PM
6 minute read
The list of barriers to deal work, from inflation and high-interest rates to geopolitical conflict, may have gotten a little smaller for a change this week, when the White House and House Republican leadership reached a deal over the weekend to suspend the U.S. debt limit—a course of action that, if completed, could help ease deal flow in the coming months.
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Law Firms Mentioned
- Amarchand & Mangaldas & Suresh A Shroff & Co
- Cleary Gottlieb Steen & Hamilton
- Cooley
- Cravath, Swaine & Moore
- Davis Polk & Wardwell
- Debevoise & Plimpton
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- Holland & Knight LLP
- Homburger
- King & Spalding
- Kirkland & Ellis
- Latham & Watkins
- Paul Hastings
- Sidley Austin
- Skadden, Arps, Slate, Meagher & Flom LLP
- Sullivan & Cromwell LLP
- Wachtell, Lipton, Rosen & Katz
- Willkie Farr & Gallagher
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