USA Trends and Developments Contributed by: Nicholas A Dorsey, Ryan J Patrone, Kelly M Smercina and Margaret R M Rallings, Cravath, Swaine & Moore LLP
Kelly M Smercina is a partner in Cravath, Swaine & Moore’s corporate department, who focuses her practice on representing corporate clients and investment banking firms in
Margaret R M Rallings is a partner in Cravath, Swaine & Moore’s corporate department and focuses her practice on capital markets and leveraged finance transactions, including
a wide range of capital markets and other financing transactions, including in connection with acquisitions and spin-offs. She also has significant experience in representing clients in mergers and acquisitions and corporate governance matters. Kelly joined Cravath in 2015 and was elected a partner in 2022.
cross-border, acquisition financing and high- yield debt and equity offerings. Her clients include leading financial institutions as underwriters and initial purchasers in various offerings and as arrangers in syndicated loan transactions, as well as private credit funds in acquisition financing transactions. Margaret joined Cravath in 2010, was named European counsel in 2018 and was elected partner in 2024.
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