Insights

Choate Attorneys Recognized in Best Lawyers in America® 2025

The Best Lawyers in America® has recognized 44 Choate attorneys in its 2025 edition. Recognition in Best Lawyers® is based entirely on peer review and is widely regarded by both clients and legal professionals as a significant honor.

Finance and Restructuring Team Receives Two M&A Advisor Turnaround Awards

Choate's Finance & Restructuring team has been recognized in The M&A Advisor’s 18th Annual Turnaround Awards for the "Consumer Discretionary Deal of the Year (Under $100MM)" and the "Restructuring of the Year ($500MM to $1B)."

Choate Attorneys Recognized in Best Lawyers in America® 2024

Best Lawyers in America® has recognized 43 Choate attorneys in its 2024 edition, including naming 4 partners as Lawyer of the Year in Boston for their respective practice areas.

Pathlight Capital Provides Term Loan Facility to Conn’s, Inc.

Choate represented Pathlight Capital as administrative agent and collateral agent, in connection with a $100M second lien term loan facility to Conn's, Inc., a furniture stores chain based in Texas.

B. Riley Agrees to $70M Loan to Cryptocurrency Miner Core Scientific

Choate represented B. Riley in connection with a $70M debtor-in-possession (DIP) loan to Core Scientific, Inc., and several of its subsidiaries.

Choate Attorneys Recognized in Best Lawyers in America® 2023

Best Lawyers in America® has recognized 49 Choate attorneys in its 2023 edition, including naming co-managing partner William Gelnaw a Lawyer of the Year.

JCPenney Refinances ABL and FILO Facilities

Choate advised JCPenney in connection with JCPenney’s incurrence of $2.25B in senior secured asset-based credit facilities, consisting of (i) a $1.75B revolving credit facility and a $160M last-out term loan facility, and (ii) a $340M term loan facility.

NinjaTrader Acquires Tradovate Holdings

Choate represented NinjaTrader, a portfolio company of Long Ridge Equity Partners, in its $115M acquisition of Tradovate Holdings, a leading online futures brokerage firm and trading technology provider.