Patrick J. Archambault works with clients of Choate’s Finance & Restructuring Group. He has experience in a broad range of complex financing transactions, including leveraged buyouts and acquisition financings, mezzanine and equity co-investments, senior secured transactions and second lien credit facilities, as well as out-of-court restructurings and workouts across a variety of industries.
- Youth Advocacy Foundation Pro Bono Lawyer of the Year (2023)
- Represented agent in clubbed sponsor-backed acquisition financing of $56MM term loan and revolver in connection with the purchase of an equipment rental company.
- Represented mezzanine purchasers in unsecured financing and co-investment of $10MM in connection with sponsor-backed acquisition of vacation rental company.
- Represented agent in split-lien acquisition financing of $10MM term loan in connection with purchase of sports equipment manufacturer.
- Represented agent in sponsor-backed acquisition financing of $130MM loan and minority co-investment.
- Represented asset based lender in connection with $30MM term loan to popular clothing retailer and negotiated intercreditor arrangements.
- Represented second-lien lenders and administrative agent on $85MM loan to business in the hospitality industry.
- Represented agent in $115MM clubbed financing secured by all assets of aircraft leasing company.
- Represented lender on $65MM cross-border acquisition financing transaction involving UK collateral.
- Represented agent and lender in connection with senior secured acquisition financing and the subsequent $155MM payoff related to digital marketing company.
- Represented agent in senior-secured, clubbed financing with respect to restructuring amendment for a distressed borrower.
- Represented second lien agent in incremental loan facility to finance a sponsor-backed add-on acquisition of a technology company.
- Represented lender in connection with cross-border forbearance agreement involving both US and UK debt.
- Represented agent and lender in connection with $70MM senior-secured financing to aviation company. Coordinated cross-border security package of aviation assets with Oklahoma federal aviation administration counsel and local lawyers in several foreign jurisdictions.
Publications and Presentations
- “Bankruptcy Remoteness: A Summary Analysis,” co-author, The Business Lawyer, 2022.
- “Coal Instead of Golden Shares: The Enforceability of Bankruptcy Filing Consent Rights,” co-author, American Bankruptcy Law Journal, Vol. 95, 1-31, 2021.
- “How the SEC’s Crowdfunding Rules for Funding Portals Save the Two-Headed Snake: Drawing the Proper Balance Between Integrity and Cost,” author, Suffolk University Law Review, Vol. 49, 61, 84, 2016.
Professional and Community Involvement
- Massachusetts Branch of The International Dyslexia Association, Board of Directors
- Served as counsel on pro bono matter in connection with the representation of a fourth grader in special education matter through the EdLaw Foundation; advocated to help remedy severe reading-based learning disabilities and obtain support services
Education & Credentials
- Suffolk University Law School
- JD, 2016, cum laude
- Executive Editor, Suffolk University Law Review
- University of New Hampshire
- BA, 2011
Choate represented Star Mountain Capital, as Administrative Agent, Avante Capital Partners, Maranon Capital and Gemini Investors in a $27M Term Loan and $17M Series A Preferred Equity investment to Uncle John’s Pride, LLC.
Patrick Archambault has been named Pro Bono Attorney of the Year by the Youth Advocacy Foundation (YAF) for his work on the EdLaw Project. The award award ceremony will take place at the YAF Spring Gala on May 12.
Patrick Archambault recently contributed to The Business Lawyer’s white paper on bankruptcy remoteness, titled "Bankruptcy Remoteness: A Summary Analysis" by the Committee on Securitization and Structured Finance, ABA Business Law Section.
Choate represented Long Ridge Equity Partners in their majority growth investment in Acqueon, a leading provider of omnichannel customer engagement software.
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.
In the article, “Coal Instead of Golden Shares: The Enforceability of Bankruptcy Filing Consent Rights," recently published in the American Bankruptcy Law Journal, Patrick Archambault and his co-author critique the decision in In re Pace in light of other bankruptcy precedent and commercial practice.