Cohn & Dussi LLC has promoted Alexander D. Schultheis to partner. Schultheis leads the firm's transactional practice and Rhode Island practice from its Boston office, with a focus on commercial lending and finance transactions for institutional banks, private credit providers, and other non-bank lenders.

The promotion reflects the firm's continued investment in its transactional capabilities, building on its established work in creditors' rights, collections, workouts and commercial litigation. Together, these capabilities allow the firm to support lenders throughout the life of a loan, from origination through restructuring and enforcement.

"Alex has a clear vision for growing our transactional practice and the experience to help us do it," said Lewis J. Cohn. "His understanding of both lending transactions and distressed loan situations brings valuable perspective to our clients. We're pleased to recognize his contributions and support his work building relationships with banks and private credit lenders."

Schultheis's transactional practice includes commercial real estate finance, commercial and industrial lending, asset-based lending, and leveraged acquisition finance. In the private credit sector, he assists lenders with senior, mezzanine, and subordinated debt transactions, as well as syndicated loan structures involving multiple lenders, and negotiating complex intercreditor agreements among them.

He also handles out-of-court restructuring and refinancing for lenders facing distressed loan situations. His transactional background is complemented by his prior experience with complex commercial litigation, receivership and bankruptcy matters, and business and corporate disputes.

"I'm grateful to Lewis and the firm for the opportunity to help grow our emerging commercial lending and private credit practice," said Schultheis. "I am passionate about the firm's expansion into the transactional space through commercial lending and finance and look forward to continuing to invest in its long-term growth. We can help lenders achieve their goals, while also structuring transactions to give them the flexibility necessary to work through challenges if a loan becomes distressed. I look forward to continuing to work with our existing clients, actively expanding our relationships, and leveraging the experiences of other practitioners. It is an exciting time at Cohn & Dussi – and it is only the beginning."