In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Christopher S. Miller, a partner with Pepper Hamilton, a co-chair of the Emerging Growth Group and chair of the Technology Practice, was quoted in the March 26, 2020 Middle Market Growth article "Despite Contraction, PE-backed Companies Could Weather Credit Strain."
If the risk becomes too high, there are fears that lenders may begin to break their covenants with portfolio companies. But Chris Miller, a partner at law firm Pepper Hamilton, is confident that financiers won’t pull back on their commitments—if only to throw borrowers a lifeline. “Lenders don’t want to be pulling back the capital right now,” he said.