When Michael E. Hollingsworth II, a transactional partner at Nelson Mullins Riley & Scarborough, gets together with other deal lawyers these days, he knows he’ll hear a lot of grumbling.
“The prevalent mood right now when you go to any kind of M&A conference is really pretty negative,” he says. “Everybody knows credit is still frozen. … Even if people want to do a deal, they can’t do it because they can’t get access to leverage.”
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