Charlie Modlin Quoted in Mergers and Acquisition Report

The editor of Mergers & Acquisition Report spoke to Charlie Modlin shortly after he joined the firm. The August 22, 2005 issue carries an article ("Seyfarth's New Corporate Practice Partner Shares Insights") from that interview including: "One of Modlin's key points: ‘There is a lot of money chasing deals, and it's not only in the equity sector, it's in the debt sector as well.’ For instance, he said, there are a tremendous number of hedge funds that have entered the mezzanine market. And, Modlin continued, given the volume of players chasing deals, ‘To some extent the quality of the deal is probably less than it was a year ago.’" The editor referenced the firm's recent representation of Spears Pharmaceuticals in its sale of a minority stake to Allied Capital Corp. and noted that Seyfarth is making a huge push to expand its presence in New York.