Art represents major financial institutions in secured loan transactions for companies in the healthcare industry. He has extensive experience negotiating and documenting asset-based and cash flow credit facilities, real estate financing for healthcare properties, complex intercreditor and debt subordination arrangements, and debtor-in-possession financings.
Art has particular experience in the financing of skilled nursing facilities, for both licensed operators and real property owners. Other healthcare finance expertise includes credit facilities for hospitals and long-term acute care hospitals, physician groups, life science companies, and device and pharmaceutical manufacturers and distributers.
Art is active in bar organizations relative to the Uniform Commercial Code. Art is the immediate past chair of the UCC Committee of the Business Law Section of the State Bar of Georgia, and he is a Fellow of the American College of Commercial Finance Lawyers. Art is currently the Chair of the board of directors of the GALEO Latino Community Development Fund and serves on the Advisory Committee of the Pro Bono Partnership of Atlanta.
Experience
- Representation of major U.S. financial institutions, as agents and lenders, in connection with the provision of $105 million syndicated real estate term loan and ABL revolving credit facilities for affiliated owners and operators of skilled nursing facilities.
- Representation of a major U.S. financial institution, as administrative agent and lender, in connection with the provision of $85 million senior secured, superpriority revolving and term loan debtor-in-possession credit facilities to owners and operators of long-term acute care hospitals.
- Representation of a major U.S. financial institution, as administrative agent and lender, in connection with the provision of $450 million syndicated ABL revolving loan facility for operators of acute care hospitals.
- Representation of a major U.S. financial institution, as lender, in connection with $70 million ABL credit facility for an operator of skilled nursing facilities.
- Representation of a major U.S. financial institution, as administrative agent and lender, in connection with the provision of $187 million syndicated real estate term loan facility for owner of skilled nursing facilities.
- Representation of a major U.S. financial institution, as agent and lender, in connection with $80 million leveraged senior secured revolving and term loan facilities for a physician practice management company.
- Representation of a major U.S. financial institution, as administrative agent and lender, in connection with the provision of $20 million ABL credit facility for a generic pharmaceutical manufacturer.
- University of California, Los Angeles School of LawJD1996
-
Yale UniversityBAAnthropology
cum laude
1990
Member, Advisory Board, Pro Bono Partnership of Atlanta
Immediate Past Chair, Business Law Section; UCC Committee, State Bar of Georgia
Chair, Board of Directors, GALEO Latino Community Development Fund
- Moderator, "Current Terms, Structures and Rates for Healthcare Deals," 9th Annual Healthcare & Life Sciences Private Equity & Finance Conference, McGuireWoods LLP and McGladrey LLP, February 22 - 23, 2012
- Presenter, "Lien Searches and Debtor Name Issues," Secured Lending Program, Institute of Continuing Legal Education in Georgia, February 5, 2010
- Presenter, "Lien Searches and Debtor Name Issues," Secured Lending Program, Institute of Continuing Legal Education in Georgia, February 1, 2009
- Presenter, "Lien Searches and Debtor Name Issues," Secured Lending Program, Institute of Continuing Legal Education in Georgia, February 22, 2008
- Georgia
Named “Lawyer of the Year,” Banking and Finance Law, 2016-2019, 2024, 2025; Atlanta, The Best Lawyers in America, Woodward/White, Inc.
Selected for inclusion in The Best Lawyers in America, Banking and Finance Law, Woodward/White, Inc., 2014-2025
Selected for inclusion in America’s Leading Lawyers for Business, Banking & Finance, Georgia, Chambers USA, 2014-2016, 2021-2024
Named a “2023 Volunteer of the Year,” Pro Bono Partnership of Atlanta, 2024
Selected for inclusion as a “Leading Lawyer,” Commercial Lending: Advice To Lenders, Georgia, Legal 500 US, 2017
- Co-author, "A Means to Stave Off Medicare Termination," Law360, February 27, 2015
- Author, Florida Bankruptcy Court Offers Potential Means to Stave Off Medicare Termination, McGuireWoods Legal Alert, February 17, 2015
- Co-author, "The International Comparative Legal Guide to Lending & Secured Finance 2014 Edition," The International Comparative Legal Guide to Lending & Secured Finance, 2014 Edition
- Author, Five Key Points Regarding the Assignment of Receivables in Healthcare Transactions, McGuireWoods Legal Alert, October 12, 2012