Additionally, Mr. Arrowsmith has worked with clients across industries including managed care, senior living and skilled nursing, as well as many commercial real estate and equipment leasing portfolios. He has more than 23 years of creditor workout experience, including 12 years with the leader in the healthcare lending space, GE Capital Healthcare Financial Services.
He is currently serving as Chief Restructuring Officer for an esoteric laboratory testing company operating under Chapter 11 bankruptcy protection located in Richmond, Virginia (E.D. Va., Case No. 15-32919-KRH).
Mr. Arrowsmith’s notable assignments include leading the restructuring efforts on behalf of GE Healthcare related to its $600 million loan portfolio to Sunwest Management and affiliates, a multi-state assisted living owner and operator that filed for Chapter 11 bankruptcy in 2009. He also led the Chapter 11 process for the Highgate Management portfolio of nursing homes through an extended 363 sale and New York State licensure process. Most recently, Mr. Arrowsmith was responsible for building and leading a collection team for Hudson Americas, an affiliate of Lone Star Funds, a large private equity firm based in Dallas focused on acquired portfolios in the U.S. and Puerto Rico.
Prior to joining A&M, Mr. Arrowsmith served as Senior Vice President with Hudson Americas in Washington, D.C., where he managed the Asset Recovery team. He also directly managed all of the loan assets in the portfolio that were in bankruptcy as well as a $300 million portfolio acquired from FirstBank in San Juan, Puerto Rico. Mr. Arrowsmith previously served as Senior Vice President in the Special Assets Group of GE Capital’s Healthcare Financial Services division where he led many restructuring and workout efforts for cash flow, asset-based, equipment leases and real estate secured loans.
Mr. Arrowsmith earned a bachelor’s degree in finance from The University of Maryland and a master’s degree from American University. He is a member of the American Bankruptcy Institute.