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Peter Gilman Quoted in Law360 on Impact of Coronavirus on Private Equity
03.24.20
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Corporate Partner Peter Gilman was quoted in a Law360 article titled, “PE Clients See Opportunity Despite Coronavirus Effects,” which highlighted some of the issues facing PE practices across the U.S. stemming from the global outbreak of COVID-19. He noted that, “while the PE industry remains extremely well-positioned to weather this storm, the impact of the coronavirus has been profound,” and that, “it has affected all aspects of private equity firms' operations, including financing and closing deals, fundraising and relationships with limited partners, as well as managing liquidity and ensuring robust business continuity arrangements.” Peter concluded by noting that, “our role as PE attorneys is to help advise clients on those issues and to help best position them to take advantage of the opportunities that will come out of this global pandemic."
To read the full article, please click here (subscription required).