Nixon Peabody LLP

  • People
  • Capabilities
  • Insights
  • About

Trending Topics

    • People
    • Capabilities
    • Insights
    • About
    • Locations
    • Events
    • Careers
    • Alumni

    Practices

    View All

    • Affordable Housing
    • Community Development Finance
    • Corporate & Finance
    • Cybersecurity & Privacy
    • Environmental
    • Franchising & Distribution
    • Government Investigations & White Collar Defense
    • Healthcare
    • Intellectual Property
    • International Services
    • Labor & Employment
    • Litigation
    • Private Wealth & Advisory
    • Project Finance
    • Public Finance
    • Real Estate
    • Regulatory & Government Relations

    Industries

    View All

    • Cannabis
    • Consumer
    • Energy
    • Entertainment
    • Financial Services
    • Healthcare
    • Higher Education
    • Infrastructure
    • Manufacturing
    • Non Profit
    • Real Estate
    • Technology

    Value-Added Services

    View All

    • Alternative Fee Arrangements

      Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.

    • Continuing Education

      Advancing professional knowledge and offering credits for attorneys, staff and other professionals.

    • Crisis Advisory

      Helping clients respond correctly when a crisis occurs.

    • DEI Strategic Services

      Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.

    • eDiscovery

      Leveraging law and technology to deliver sound solutions.

    • Global Services

      Delivering seamless service through partnerships across the globe.

    • Innovation

      Leveraging leading-edge technology to guide change and create seamless, collaborative experiences for clients and attorneys.

    • IPED

      Industry-leading conferences focused on affordable housing, tax credits, and more.

    • Legal Project Management

      Providing actionable information to support strategic decision-making.

    • Legally Green

      Teaming with clients to advance sustainable projects, mitigate the effects of climate change, and protect our planet.

    • Nixon Peabody Trust Company

      Offering a range of investment management and fiduciary services.

    • NP Capital Connector

      Bringing together companies and investors for tomorrow’s new deals.

    • NP Second Opinion

      Offering fresh insights on cases that are delayed, over budget, or off-target from the desired resolution.

    • NP Trial

      Courtroom-ready lawyers who can resolve disputes early on clients’ terms or prevail at trial before a judge or jury.

    • Social Impact

      Creating positive impact in our communities through increasing equity, access, and opportunity.

    1. Home
    2. People
    3. Victor G. MilionePeople
    1. Home
    2. People
    3. Victor G. MilionePeople

    Victor G. Milione

    Partner


    • Boston, New York City
    • Office617.345.1215
    • vmilione@nixonpeabody.com
    • Download vCard
    • Share
    • LinkedIn Profile

    Introduction

    Victor G. Milione is a partner with Nixon Peabody LLP and serves as a member of the firm’s Litigation, Real Estate and Business Departments. Additionally, he is a member of the firm’s Distressed Health Care, Distressed Energy, Distressed Retail, Distressed M&A, Blockchain Technology and Cannabis teams.
     

    Mr. Milione has over thirty years of experience representing purchasers of assets from distressed companies, financial institutions, debtors, trustees, creditors’ committees, hedge funds, loan servicers, collateral agents, indenture trustees and other interested parties in out-of-court workouts, insolvency and bankruptcy proceedings throughout the country and internationally, including bankruptcy reorganizations, asset sales, loan restructurings, modifications and forbearance agreements, receiverships, assignments for the benefit of creditors and commercial loan transactions. He also works with private equity, hedge and venture funds to structure bridge financings and to create innovative solutions to the difficulties of troubled portfolio companies.

    Practice Areas

    Private Equity & Investment FundsFinancial Restructuring & BankruptcyCorporate & FinanceHealthcare Transactions

    Industries

    EnergyCannabis

    My focus

    My practice focuses on representing acquirers of assets from distressed companies in various industries. I have represented various private equity and hedge funds in the acquisition of distressed assets from companies such as the acquisition of Fleetwood Motor Home out of the Fleetwood bankruptcy (CA), the sale and disposition of the New Care Health Corp. (MA) (a publicly traded health care provider with facilities throughout the country), the restructuring and reorganization of the Regina restaurant chain (DE) and representation of acquirers and sellers of assets in various other industries such as paper, energy, food and beverage, health care and retail. My work as lead counsel to numerous creditor committees including counsel to the Unsecured Creditor’s Committees in national cases such as Stairmaster, Inc. (WA) and Great Northern Paper (ME) and as counsel to committee chairs and committee members in Genuity (NY) and Metiom (NY). I currently represent various parties in the Tribune (DE) and the F-Squared (DE) bankruptcy cases.

    Administrative agents and members of syndicated loan participants turn to me for drafting and negotiating forbearance agreements, loan modification agreements and lending facilities (debtor-in-possession and otherwise). To date I have led deals involving in excess of $2 billion dollars. I continue to work as insolvency counsel crafting and issuing true sale and non-consolidation opinions in complex and varied deals totaling in excess of $1 billion dollars, including Tenant-In-Common (TIC) tax deferred exchanges offerings.

    My practice also includes counseling clients regarding asset-based lending as well as real estate lending, workouts and foreclosures. In this capacity I work with other firm attorneys to provide specialty lending advice in precious metal consignments having worked as counsel to consignors, consignees and lenders in connection with the structuring, negotiation, workout and enforcement of consignment loans. I led significant representations in the bankruptcy cases of Sports Authority (DE), Total Hockey (MO), City Sports (DE), Summit Corporation of America (CT), Handy & Harmon (CT) and Amax Plating Inc. (IL).

    Looking ahead

    We will see an increase in health care and energy restructurings in the next several months given the focused governmental effort to curtail the Affordable Care Act and various alternative energy initiatives.

    Additionally, retail and shopping mall restructurings will also increase due to increasing bond and loan defaults due to monetary policy and paradigm shifts resulting from online retailing. Finally, for the foreseeable future, we will continue to see the continued acquisition of distressed assets through bankruptcy sales given the utility of bankruptcy sale orders in insulating against legacy liabilities.

    In the news

    • Laconia Daily Sun (N.H.)

      Auction Set for LRGHealthcare's Assets

      This article covers an upcoming auction of LRGHealthcare’s assets as part of the nonprofit hospital operator’s Chapter 11 bankruptcy case, noting an initial $30 million bid from Concord Hospital. Financial Restructuring & Bankruptcy practice group leader and Boston partner Victor Milione, Boston Complex Commercial Disputes partner Morgan Nighan, New York City counsel Chris Desiderio and associate Chris Fong, both of the Financial Restructuring & Bankruptcy group, are representing LRGHealthcare, and the auction is scheduled for Dec. 16 at NP’s Manchester office.
      Nov 6, 2020
    • Business NH magazine

      LRGHealthcare Files for Bankruptcy, Concord Hospital May Acquire

      The following article covers nonprofit hospital operator LRGHealthcare’s Chapter 11 bankruptcy filing as it seeks a buyer, mention Financial Restructuring & Bankruptcy practice group leader and Boston partner Victor Milione, Boston Complex Commercial Disputes partner Morgan Nighan, New York City counsel Chris Desiderio and associate Chris Fong, both of the Financial Restructuring & Bankruptcy group, for representing LRGHealthcare.
      Oct 20, 2020
    • Reuters Legal

      New Hampshire Hospital Group Seeks Bankruptcy Relief

      The following article covers nonprofit hospital operator LRGHealthcare’s Chapter 11 bankruptcy filing as it seeks a buyer, mention Financial Restructuring & Bankruptcy practice group leader and Boston partner Victor Milione, Boston Complex Commercial Disputes partner Morgan Nighan, New York City counsel Chris Desiderio and associate Chris Fong, both of the Financial Restructuring & Bankruptcy group, for representing LRGHealthcare.
      Oct 19, 2020
    • The Deal

      LRGHealthcare to Sell Assets in Ch. 11

      The following article, covers nonprofit hospital operator LRGHealthcare’s Chapter 11 bankruptcy filing as it seeks a buyer, mention Financial Restructuring & Bankruptcy practice group leader and Boston partner Victor Milione, Boston Complex Commercial Disputes partner Morgan Nighan, New York City counsel Chris Desiderio and associate Chris Fong, both of the Financial Restructuring & Bankruptcy group, for representing LRGHealthcare.
      Oct 19, 2020
    • Journal of Bankruptcy Law

      CARES Act Expands Restructuring Options for Small Businesses

      Financial Restructuring & Bankruptcy practice group leader Victor Milione, partner Rick Pedone (both in Boston), and associate Christopher Fong (in New York City), contributed this article on the key changes made to the Small Business Reorganization Act that small businesses and lenders must understand.
      July 14, 2020
    • Law360

      Fight over releases stalls Level Solar's Ch. 11 hearing

      This article mentions Financial Restructuring and Bankruptcy partner Victor Milione in Boston and associate Chris Fong in New York City, who are representing two funds created by Level Solar as part of the shuttered company’s Chapter 11 plan.
      March 3, 2020
    • Law360

      Nonprofits in the Zone of Insolvency: 2 Cautionary Tales

      New York City financial restructuring and bankruptcy counsel Chris Desiderio, Washington, DC, M&A and Corporate Transactions partner Mike Cooney, and associate Rob Trott and Boston partner and leader of the firm’s Bankruptcy & Financial Restructuring practice Victor Milione coauthored this column on important issues charitable fiduciaries should educate themselves on to avoid insolvency.
      May 19, 2015

    Admitted to practice

    New York
    U.S. District Court, District of Massachusetts
    U.S. Supreme Court
    U.S. Court of Appeals, First Circuit
    U.S. Court of Appeals, Second Circuit
    Massachusetts
    U.S. District Court, Eastern District of New York
    U.S. District Court, Northern District of New York
    U.S. District Court, Southern District of New York
    U.S. District Court, Western District of New York

    Education

    Suffolk University Law School, J.D.
    University of Connecticut, B.S.

    Professional activities

    Victor is also actively engaged in charitable and community organizations. He has served as a prior past president and current board member of the Newton Schools Foundation. He is also a trustee for Hebrew Senior Life, Boston, MA, and volunteers his time on behalf of the United Way, the YMCA, and the Dana Farber Cancer Institute.

    He is a member of the American, Massachusetts, and Boston bar associations, the American Trial Lawyers Association, the American Bankruptcy Institute, and the Risk Management Association.

    Recognition

    Victor was selected, through a peer-review survey, for inclusion in The Best Lawyers in America® 2023 in the field of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. Victor has been listed in Best Lawyers since 2016.

    Victor has been consistently ranked as one of the top 25 bankruptcy lawyers in the country by The Deal. He has also been recognized as a “Super Lawyer” in Bankruptcy & Creditor/Debtor Rights based on a peer-review survey by Boston magazine.

    Victor has been recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business 2022 for Bankruptcy/Restructuring (Massachusetts). He has also been recognized in Chambers in previous years.

    Victor has also received an AV Preeminent® Peer Review Rating™ from Martindale Hubbell®, the highest possible rating for ethics and legal ability.

    Insights And Happenings

    View All
    • Press Release

      Nixon Peabody attorneys, practices recognized by Chambers USA

      June 1, 2022
    • Press Release

      Chambers USA recognizes Nixon Peabody attorneys and practices as industry leaders

      May 20, 2021
    • Press Release

      Nixon Peabody attorneys recognized as leaders in their field by Chambers USA

      April 23, 2020
    View All

    Professionals in the Practice Area

    View All
    • Philip B. Taub

      Partner
      Head of Private Equity
      • Boston
      • Office:617.345.1165
      • ptaub@nixonpeabody.com
      Philip B. Taub
    • John P. Beals

      Partner / Co-leader, Investment Funds Practice
      • Boston
      • Office:617.345.1060
      • jbeals@nixonpeabody.com
      John P. Beals
    • Benedict Kwon

      Partner / Co-leader, Investment Funds Practice
      • Los Angeles
      • Office:213.629.6164
      • bkwon@nixonpeabody.com
      Benedict Kwon
    • Todd Tidgewell

      Partner / Leader, Corporate Practice Group
      • Albany
      • Office:518.427.2705
      • ttidgewell@nixonpeabody.com
      Todd Tidgewell
    • Christopher P. Keefe

      Partner
      Chair, Business & Finance Department
      • Boston
      • Office:617.345.1350
      • ckeefe@nixonpeabody.com
      Christopher P. Keefe
    View All

    Subscribe to stay informed of the latest legal news, alerts, and business trends.Subscribe

    • People
    • Capabilities
    • Insights
    • About
    • Locations
    • Events
    • Careers
    • Alumni
    • © 2023 Nixon Peabody. All rights reserved
    • Privacy Policy
    • Terms of Use
    • Statement of Client Rights
    • Supplier Diversity Program
    • Nixon Peabody International LLC
    • PAL