Lawyers Optimistic About 2011 Deals Marketplace

Law360, New York (December 27, 2010, 1:17 PM EST) -- With companies sitting on a $1 trillion mountain of cash and the lending market finally starting to thaw, corporate finance lawyers are preparing for a busy 2011 on the deals front, they told Law360.

“I think 2011 is going to be stronger than 2010 in deal activity worldwide. There is a lot of cash sitting on balance sheets and you definitely see higher confidence in the marketplace,” said George A. Casey, co-head of Shearman & Sterling LLP's global mergers and acquisitions group.

Casey noted that 2010...
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