Concentrates on bespoke special situations, liability management transactions, and in-court and out-of-court restructurings.
Represents credit, distressed and other investment funds, public and private companies, portfolio companies and other financial institutions.

Chad represents asset managers and their portfolio companies in sophisticated credit-oriented transactions. His practice focuses on special situations financings, liability management transactions, capital structure analysis and complex private credit transactions. He has extensive experience with restructuring-related financings, including debtor-in-possession, rescue and exit financings.

Chad also advises on asset-based lending, mezzanine financings, and subordinated debt financings transactions as well as in-court and out-of-court restructurings, as well as bespoke private credit transactions and high yield bond deals.

Representative Work

Liability Management Transactions, Restructurings and Bankruptcy Refinancings

Represented an ad hoc group of term lenders in the $1.17 billion out-of-court debt restructuring of AccentCare, extending their debt maturities and refinancing their revolving credit facility.
Represented an ad hoc group of term lenders in the $778 million out-of-court debt restructuring of Elevate Textiles.
Advised the ad hoc cross-holder group of term loan lenders and noteholders on the comprehensive cross-border recapitalization of Venator Materials PLC, a global manufacturer and marketer of chemical products, through a prepackaged Chapter 11 process.
Represented an ad hoc group of secured lenders in connection with the $20 billion out-of-court debt restructuring of Lumen Technologies, an international facilities-based technology and communications company.
Represented an ad hoc group of term lenders to Phoenix Services in their $532 million Chapter 11 reorganization.
Represented GSO Capital Partners LP, as first lien lender under a $250 million prepetition bank facility, debtor-in-possession (DIP) lender and plan sponsor in connection with prearranged Chapter 11 restructuring of Warren Resources Inc. and its subsidiaries.
Represented the Frontera Ad Hoc Group in the voluntary chapter 11 cases of Frontera Holdings LLC, including the negotiation of a restructuring support agreement and $70 million new-money debtor-in-possession facility.
Advised Globe Energy Services, an oilfield services company, in connection with its credit facilities.
Advised Magnum Hunter Resources Corporation, an independent oil and gas exploration and production company, in refinancing its then existing first lien credit facility, obtaining a new DIP credit facility in connection with its bankruptcy filing and obtaining a new exit credit facility upon emergence from bankruptcy.
Counseled Midstates Petroleum Company, Inc., an independent oil and gas exploration and production company, in connection with its $170 million exit facility credit agreement.
Represented Quintana Energy Services, LP, an oilfield services company, in connection with its recapitalization consisting of a $40 million second lien term loan provided by investors and the restructuring of its revolving credit facility.
Advised SandRidge Energy, Inc., an independent oil and gas exploration and production company, in connection with its $425 million exit facility credit agreement.

Borrower-Side Representations

Advised RXR Realty LLC in the distressed acquisition of View Inc. with its prepackaged Chapter 11 plan and take-private transaction by Cantor Fitzgerald LP.
Represented Vine Oil & Gas LP and its wholly owned subsidiary, Vine Oil & Gas Finance Corp., in its private offering of $530 million in aggregate principal amount of senior unsecured notes.

Counseled BlackBrush Texas Star LP in connection with its $675 million senior credit facility.
Advised My Alarm Center, a portfolio company of Norwest Venture Partners, in connection with amendments to its senior secured credit facility and mezzanine facility to, among other things, upsize the amount of its existing credit facility to support a series of acquisitions.
Represented Pier 1 Imports, Inc. in connection with the amendment of its existing $350 million senior secured revolving credit facility and new $200 million term loan credit agreement.
Counseled Woodford Express, a midstream portfolio company of Quantum Energy Partners, in connection with its revolving credit facility used to finance the construction of natural gas gathering, treating and processing facilities.

Lender-Side Representations

Represented certain funds managed by affiliates of Oaktree Capital Management and Assembled Brands, a provider of ecommerce loans for consumer goods brands, in providing a term loan credit facility of up to $50 million to Win Brands Group.
Represented EIG Global Energy Partners on a $500 million investment into USA Compression Partners, LP in which certain investment funds managed or sub-advised by EIG and other investment vehicles unaffiliated with EIG agreed to purchase an aggregate amount of $500 million of newly established Series A Perpetual Preferred Units and received warrants to purchase up to 15 million Common Units of USA Compression.
Represented Vine Oil & Gas LP and its wholly owned subsidiary, Vine Oil & Gas Finance Corp., in its private offering of $530 million in aggregate principal amount of senior unsecured notes.
Counseled BlackBrush Texas Star LP in connection with its $675 million senior credit facility.
Advised My Alarm Center, a portfolio company of Norwest Venture Partners, in connection with amendments to its senior secured credit facility and mezzanine facility to, among other things, upsize the amount of its existing credit facility to support a series of acquisitions.
Represented Pier 1 Imports, Inc. in connection with the amendment of its existing $350 million senior secured revolving credit facility and new $200 million term loan credit agreement.
Counseled Woodford Express, a midstream portfolio company of Quantum Energy Partners, in connection with its revolving credit facility used to finance the construction of natural gas gathering, treating and processing facilities.

Acquisition Financings

Advised RXR Realty LLC in the distressed acquisition of View Inc. with its prepackaged Chapter 11 plan and take-private transaction by Cantor Fitzgerald LP.
Represented Oaktree Capital Management as sole lead arranger with respect to providing $400 million in term loan and delayed draw term loan financing to RumbleOn, Inc. in connection with RumbleOn’s acquisition of RideNow Powersports.
Counseled Encino Acquisition Partners in obtaining underwritten financing from a syndicate of financial institutions for the proposed $2 billion acquisition of Chesapeake Energy’s Utica Shale oil and gas assets in Ohio.
Represented Advent International in connection with the acquisition financing to support its acquisition of NCS Energy Services.
Advised American Securities in connection with the acquisition financing to support its acquisition of Metaldyne, LLC from The Carlyle Group.
Counseled Apax Partners in connection with the acquisition financing to support its $800 million take private of Quality Distribution, Inc.
Represented The Blackstone Group and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation’s working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately $2.3 billion.
Counseled Encino Acquisition Partners in obtaining underwritten financing from a syndicate of financial institutions for the proposed $2 billion acquisition of Chesapeake Energy’s Utica Shale oil and gas assets in Ohio.
Represented Advent International in connection with the acquisition financing to support its acquisition of NCS Energy Services.
Advised American Securities in connection with the acquisition financing to support its acquisition of Metaldyne, LLC from The Carlyle Group.
Counseled Apax Partners in connection with the acquisition financing to support its $800 million take private of Quality Distribution, Inc.
Represented The Blackstone Group and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation’s working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately $2.3 billion.

List includes matters worked on prior to joining Akin.

Counseled BlackBrush Texas Star LP in connection with its $675 million senior credit facility.
Advised My Alarm Center, a portfolio company of Norwest Venture Partners, in connection with amendments to its senior secured credit facility and mezzanine facility to, among other things, upsize the amount of its existing credit facility to support a series of acquisitions.
Represented Pier 1 Imports, Inc. in connection with the amendment of its existing $350 million senior secured revolving credit facility and new $200 million term loan credit agreement.
Counseled Woodford Express, a midstream portfolio company of Quantum Energy Partners, in connection with its revolving credit facility used to finance the construction of natural gas gathering, treating and processing facilities.

Lender-Side Representations

Represented certain funds managed by affiliates of Oaktree Capital Management and Assembled Brands, a provider of ecommerce loans for consumer goods brands, in providing a term loan credit facility of up to $50 million to Win Brands Group.
Represented EIG Global Energy Partners on a $500 million investment into USA Compression Partners, LP in which certain investment funds managed or sub-advised by EIG and other investment vehicles unaffiliated with EIG agreed to purchase an aggregate amount of $500 million of newly established Series A Perpetual Preferred Units and received warrants to purchase up to 15 million Common Units of USA Compression.
Represented Vine Oil & Gas LP and its wholly owned subsidiary, Vine Oil & Gas Finance Corp., in its private offering of $530 million in aggregate principal amount of senior unsecured notes.
Counseled BlackBrush Texas Star LP in connection with its $675 million senior credit facility.
Advised My Alarm Center, a portfolio company of Norwest Venture Partners, in connection with amendments to its senior secured credit facility and mezzanine facility to, among other things, upsize the amount of its existing credit facility to support a series of acquisitions.
Represented Pier 1 Imports, Inc. in connection with the amendment of its existing $350 million senior secured revolving credit facility and new $200 million term loan credit agreement.
Counseled Woodford Express, a midstream portfolio company of Quantum Energy Partners, in connection with its revolving credit facility used to finance the construction of natural gas gathering, treating and processing facilities.

Acquisition Financings

Advised RXR Realty LLC in the distressed acquisition of View Inc. with its prepackaged Chapter 11 plan and take-private transaction by Cantor Fitzgerald LP.
Represented Oaktree Capital Management as sole lead arranger with respect to providing $400 million in term loan and delayed draw term loan financing to RumbleOn, Inc. in connection with RumbleOn’s acquisition of RideNow Powersports.
Counseled Encino Acquisition Partners in obtaining underwritten financing from a syndicate of financial institutions for the proposed $2 billion acquisition of Chesapeake Energy’s Utica Shale oil and gas assets in Ohio.
Represented Advent International in connection with the acquisition financing to support its acquisition of NCS Energy Services.
Advised American Securities in connection with the acquisition financing to support its acquisition of Metaldyne, LLC from The Carlyle Group.
Counseled Apax Partners in connection with the acquisition financing to support its $800 million take private of Quality Distribution, Inc.
Represented The Blackstone Group and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation’s working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately $2.3 billion.
Counseled Encino Acquisition Partners in obtaining underwritten financing from a syndicate of financial institutions for the proposed $2 billion acquisition of Chesapeake Energy’s Utica Shale oil and gas assets in Ohio.
Represented Advent International in connection with the acquisition financing to support its acquisition of NCS Energy Services.
Advised American Securities in connection with the acquisition financing to support its acquisition of Metaldyne, LLC from The Carlyle Group.
Counseled Apax Partners in connection with the acquisition financing to support its $800 million take private of Quality Distribution, Inc.
Represented The Blackstone Group and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation’s working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately $2.3 billion.