The return of middle-market dealmaking is "dependent on financing," according to Thomas Monson, a partner at Jenner & Block LLP, in this interview with The Deal Pipeline's David Marcus. Monson adds  that "the high-yield market, as an example, it does tend to open and close; you can go from a period where there's very robust activity in high-yield markets to a period where hardly any transactions are getting done." Monson also contrasts the effect of tighter credit markets on the middle market with a number of larger recent deals that have gotten financing. - George White