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DarrowEverett LLP

Venture Debt: Down Round Protection Without Triggering Downside Provisions

DarrowEverett LLP on

There is increasing chatter in the startup and investor space surrounding venture debt. It is not at all surprising that as the availability of ready capital has contracted considerably over the past two years, debt and...more

Akin Gump Strauss Hauer & Feld LLP

Unpacking the Dynamics of the Private Debt Market

• Following the financial crisis, nonbank lenders looking to carve out new, profitable niches—especially within the leveraged loan universe—quickly filled the lending gap created by the exit of banks. • The relatively...more

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