A variety of conditions may be conspiring against businesses in certain segments of the health care industry. These include reduced patient census at skilled nursing and other long-term care facilities, COVID regulations that limit the ability of providers to give (or patients to receive) various forms of treatment and patients choosing to delay lucrative elective
Chad Dale is a partner in Proskauer’s Corporate Department and a member of both the Business Solutions, Governance, Restructuring & Bankruptcy and Private Credit Restructuring Groups.
Chad has nearly 30 years of experience in corporate reorganizations and debt restructurings. As a member of the Private Credit Restructuring Group, Chad’s practice focuses on direct lenders and ad hoc groups of direct lenders, hedge funds and BDC’s. He also represents troubled companies, equity sponsors, creditors’ committees, trustees and receivers in complex out-of-court debt restructurings and formal insolvency proceedings. Chad has also served as a court appointed chapter 11 trustee and frequently represents purchasers of financially distressed businesses. Chad offers extensive experience handling debt restructurings, reorganizations and distressed asset transactions.
Recognized by Chambers USA in Band 1 of its rankings, market sources have noted that Chad is "an incredibly accomplished attorney with great presence." He is a fellow of the prestigious American College of Bankruptcy and has been recognized as one of the top 100 lawyers in New England since 2008.
Chad has written and presented articles on a wide range of matters including debtor-in-possession financings, the reorganization of professional sports franchises, intellectual property licensing in bankruptcy, executory contracts, director and officer liability insurance and income and property taxation in bankruptcy.