Bishoy Eskander > Dechert LLP > London, England > Lawyer Profile

The ‘very experienced’ team at Dechert LLP provides ‘commercial’ advice to a fund-focused client base acting both as lenders and borrowers. Consequently, in spite of relatively challenging M&A conditions in 2023, the firm has been relatively well hedged, able as it has been to handle a considerable amount of portfolio work, including in the context of consensual reorganisations. Philip Butler ‘has real presence in the market’, particularly among credit funds providing the financing to sponsors to facilitate M&A in the mid-market. David Miles is also well regarded for his utilisation of alternative debt products including his work at the forefront of the unitranche product. Drawing upon his ‘very technical’ knowledge, Bishoy Eskander is also well-liked by credit funds, who appreciate his ‘deep market insight and how to avoid terms creep to protect the lender’s position’.