Bidders' Burden

September 1, 2016

Cleary Gottlieb partners Carlo de Vito Piscicelli and David Billington co-authored “Bidders’ Burden” in the September 2016 issue of IFLR.

Subtitled “Buyers looking to finance acquisitions in government-run auctions are finding that certain funds are often not certain enough,” the article notes, “There are times when bidders must go even further than an interim facility agreement.”