Peter M. Palladino
Peter Palladino focuses his practice on complex leveraged and asset-based financings including senior secured lending, acquisition finance, recapitalizations and restructurings and other special situation facilities. He has also worked extensively on asset securitization and other structured finance transactions. His clients include direct lenders and other private capital providers as well as traditional banks providing domestic and cross-border syndicated, club and bilateral facilities. Peter’s practice encompasses a diverse range of both structures (including split collateral, second lien and unitranche deals), and industries (including manufacturing, logistics, media and telecommunications, retail, healthcare, sports, utilities and education). Borrowers typically include private equity sponsored platforms, publicly traded companies, private middle market and investment grade entities.
Peter has held several leadership roles during his 30 years as a Choate equity partner, including serving on Choate’s Firm Committee, as Chair of Choate’s Business Department from 1999 through 2016, and as Chair of the Finance & Restructuring Practice Group from 1997 through 2005. Peter is recognized as a leading national finance practitioner for his structuring, loan origination and negotiation, workout and insolvency expertise.
Recognition
- Chambers USA (2007-2024)
- Best Lawyers in America: “Lawyer of the Year” for Project Finance Law (2014)
- Best Lawyers in America: “Lawyer of the Year” for Securitization and Structured Finance Law (2013)
- The Legal 500 (2008-2022)
- Massachusetts Super Lawyers
- Best Lawyers in America (2006-2025)
Representative Engagements
- Agent in $500 million syndicated working capital and acquisition facility for ESOP-owned designer and manufacturer of specialty metal cutting products
- Agent in $152.5 million sponsor-backed working capital facility for a precision manufacturing platform
- Sole Lender in a $175 million multi-national facility for a manufacturer of racing sails, masts, rigging and other marine products
- Agent in $185 million sponsor-backed acquisition and working capital facility for leading U.S. manufacturer of private label frozen pizzas
- Agent in $275 million syndicated working capital/acquisition facility for international law firm
- Agent in a $175 million syndicated ABL working capital and acquisition facility for a whiskey distiller
- Issuer in multiple $125 million - $300 million consumer receivable securitizations for NYSE timeshare company
- Agent in a $450 million syndicated ABL credit facility (as part of $1.1 billion senior facility) for public transportation services company
Publications and Presentations
- “Transactional and Operational Challenges and Strategies for International Growth,” panelist, Thriving in a Global Economy, Capstone Partners Symposium
- “Financing Private Equity Transactions,” moderator, MIT Sloan Private Equity Symposium
- “Unlocking Value in the Face of Uncertainty,” moderator, MIT Sloan Private Equity Symposium
- “US-Canadian Cross Border Finance,” presenter, Boston Bar Association
- “Distressed Investing and Turnarounds,” panelist, MIT Sloan Private Equity Symposium
- “State of the Union for M&A,” panelist, Capstone Partners & Morgan Stanley's Wealth Management Event
Professional and Community Involvement
- Past Chairman, Boston Bar Association’s Commercial Finance Section
- Member, American College of Investment Counsel
- Member, Commercial Finance Association
- Member, Turnaround Management Association
- Member, Association for Corporate Growth
- Trustee, Tenacre Country Day School in Wellesley, Massachusetts
- Member, Board of Directors of Speakeasy Stage Company in Boston, Chairman of Finance Committee
Education & Credentials
- Boston University School of Law
- JD, 1985
- Colgate University
- BA, 1982
Admissions
Massachusetts
New York
U.S. District Court, Massachusetts