Choate today announced that Mark Silva has joined the Firm as a partner in its internationally recognized Finance & Restructuring practice group. He was previously a partner in the Transactional Finance practice at Morgan Lewis.
Mr. Silva has more than a decade of experience advising both financial institutions and corporate borrowers on all matters related to financings, including, international debt financings, debt work-outs and restructurings, asset–based credit facilities, second-lien and split-lien credit facilities, leveraged acquisitions, retail finance, multinational credit facilities and intercreditor arrangements. In particular, he has deep experience counseling clients through financings in the biotechnology, healthcare, life sciences, retail, manufacturing, and financial services industries.
“Mark’s experience advising lenders and borrowers on a wide range of transactions, particularly in retail, healthcare and acquisition financing, is highly complementary to the needs of Choate’s existing client base,” said Bill Gelnaw, co-Managing Partner at Choate. “Additionally, Mark’s expertise representing clients internationally in distressed situations adds tremendous depth to our restructuring capabilities at a time when the Firm is experiencing strong demand.”
Mr. Silva’s most recent work included the representation of a leading international bank as agent in a $225 million asset-based senior secured revolving credit facility to finance the acquisition of a specialty retailer by a private equity sponsor and, separately, a $500 million senior secured revolving credit facility to a biopharmaceutical company specializing in the treatment of rare, life-threatening genetic diseases.
Mr. Silva was ranked in 2017 by Chambers USA as a Leading Lawyer for Business (Up and Coming, Banking & Finance) and received a “40 Under 40 Award” by the Commercial Finance Association in 2016. He received his JD from Boston College Law School in 2005 and his BA from the State University of New York at Buffalo in 2000.
Source: www.choate.com
