Rachael Ringer

Rite Aid – Representing Official Committee of Unsecured Creditors of Rite Aid, which filed for chapter 11 protection in the bankruptcy court for the District of New Jersey on October 15, 2023.

GenesisCare – Representation of the Official Committee of Unsecured Creditors of GenesisCare, which filed for Chapter 11 protection in the bankruptcy court in the Southern District of Texas, Houston Division, on June 1, 2023.

Endo International plc – Representation of the Official Committee of Unsecured Creditors in the bankruptcy cases of Endo International plc, one of the country’s largest pharmaceutical companies, which involves numerous cutting edge litigations and lien challenges as well as issues attendant to mass tort cases.

Hexion Inc. – Representation of the official committee of unsecured creditors of Hexion Inc. Burdened by approximately $3.8 billion of debt, near-term maturities and liquidity issues, the company sought Chapter 11 protection in federal court in Wilmington, DE, on April 1, 2019, with an RSA supported by various secured and unsecured noteholder groups.

Toys “R” Us – Representation of the Official Committee of Unsecured Creditors in the bankruptcy cases of Toys “R” Us Inc., and certain of its direct and indirect subsidiaries, in its restructuring of more than $5 billion of financial debt, pending in the Bankruptcy Court for the Eastern District of Virginia, Richmond Division.

CHC Group Ltd. – Representation of the Official Committee of Unsecured Creditors in the bankruptcy of the largest commercial helicopter service provider primarily servicing the oil and gas industry.

Arch Coal Inc. – Representation of the Official Committee of Unsecured Creditors in the bankruptcy cases of Arch Coal Inc. and its direct and indirect debtor subsidiaries, the second-largest holder of coal reserves in the United States.

NII Holdings Inc. – Representation of the Official Committee of Unsecured Creditors in the bankruptcy case of NII Holdings Inc., a leading provider of mobile communication services operating under the Nextel brand in Latin America, in a successful restructuring (following months of discovery and a nine-day trial) that resolved numerous disputed claims and allowed NII to emerge from bankruptcy after only nine months.

Residential Capital – Representation of the Official Committee of Unsecured Creditors of Residential Capital, a wholly owned subsidiary of residential mortgage loan servicer Ally Financial Inc., in the largest bankruptcy of 2012. Among other matters, the committee led the negotiation of a $2.1 billion comprehensive settlement (three times the amount offered at the outset of the case) of numerous case issues, including RMBS “put-back” litigation, between AFI, ResCap and ResCap’s major creditor constituencies.

LATAM Airlines — Representation of a large group of funds holding over $5.5 billion in face amount of unsecured claims against LATAM Airlines, a Chilean company and the largest airline in Latin America, which filed for bankruptcy in May 2020.

Nine West Holdings Inc. — Representation of Brigade Capital Management in connection with their interest in the Chapter 11 cases of footwear and apparel retailer Nine West Holdings Inc. and certain of its subsidiaries.

RCS Capital Corp. – Representation of Luxor Capital Group LP, as the largest unsecured creditor in the bankruptcy case of RCS Capital Corp., which emerged from bankruptcy in May 2016 under the new moniker Aretec Group Inc., with a network of 9,100 independent retail investment advisers, who provide financial advice to approximately 2.5 million clients and have approximately $220 billion in assets under administration.  Rachael also represents the RCS Creditor Trust formed pursuant to the confirmed Chapter 11 plan in the general unsecured claims administration process and in pursuit of litigation assets transferred to the trust for the benefit of unsecured creditors.

Energy Future Holdings Corp. – Representation of the indenture trustee in bankruptcy-related matters involving approximately $2.2 billion of second-lien notes issued by Energy Future Intermediate Holding Co. LLC, a subsidiary of Energy Future Holdings, and an ad hoc group of second-lien noteholders.

Commonwealth of Puerto Rico – Representation of the holders of more than $18 million in Puerto Rico Electric Power Authority bonds in the lawsuit challenging the constitutionality of Puerto Rico’s proposed bankruptcy statute.

Orchard Brands Corp. – Assisted in the representation of the largest creditor, American Capital Ltd., the holder of $110 million of first-lien debt, $290 million of second-lien debt and $70 million of unsecured debt, of Orchard Brands, one of the nation’s largest catalog retailers.

Genco Shipping & Trading Ltd. – Representation of the debtor, an international dry bulk shipping company, in restructuring $1.4 billion of debt and confirming the Chapter 11 plan following a contested valuation trial at confirmation.

First Mariner Bancorp – Representation of the debtor, a bank holding company for the largest independent bank in Baltimore.

General Maritime Corp. – Representation of one of the largest shipping companies in the world, as part of the core bankruptcy team, in the seventh-largest bankruptcy filing of 2011.

Saint Vincent Catholic Medical Centers – Representation of the debtor, a prominent health care system with operations throughout New York City and surrounding counties, in a Chapter 11 case involving complex issues affecting the preservation and disposition of substantial assets, ongoing patient care subject to regulatory oversight, and a diverse group of creditors, including various classes of secured creditors and union, pension and medical malpractice creditors.