News  |  01.29.2026

Finance and Restructuring Team Publishes Article on Independent Directors as a Strategic Alternative to Bankruptcy in The Secured Lender

Members of Choate’s Finance and Restructuring team, including John Ventola, Jonathan Marshall, Doug Gooding, Alexandra Thomas, and Jacob Lang, have been published in The Secured Lender’s January/February 2026 feature story, “Appointing Independent Directors to Distressed Companies: An Alternative to Bankruptcy.”

The Secured Lender Cover

The article explores how independent directors can strengthen distressed companies, the mechanisms secured lenders can leverage to appoint them, and the key considerations that should guide both lenders and independent directors throughout the process. The full article can be found in digital publication of The Secured Lender, available on The Secured Finance Network (SFNet) website.

Choate’s nationally recognized Finance and Restructuring Group closes hundreds of transactions every year, for a wide array of clients, with facility sizes ranging from $25 million to in excess of $4 billion. Our restructuring attorneys focus on providing creative solutions to highly complex issues arising with financially distressed businesses, including with respect to corporate governance, security enforcement actions, asset sales, bankruptcy strategies and out-of-court restructurings. Learn more.

Media Inquiries

Please contact Sonia Mangino at smangino@choate.com