After a rollercoaster ride, deal finance lawyers are oddly confident once again

These days it’s hard to keep up with the mood of leverage finance lawyers, who are once again in one of their upbeat phases. Having been terminally gloomy since the credit crunch began, acquisition finance lawyers seemed in remarkably revived spirits by the start of 2010. Unfortunately, it didn’t take long for the mood to sour as evidence of a slowdown in the US and, worse, mounting woes emerged in Europe’s debt markets.