Cravath’s New York Office Moves to Two Manhattan West
June 25, 2024
Cravath partner Nicholas A. Dorsey served as the co‑editor of the 2024 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 remained low in 2023 due in part to macroeconomic conditions marked by geopolitical instability, rising interest rates and persisting inflationary pressures.
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