Rachael Ringer has played a prominent role in advising on many of the largest bankruptcies and restructurings in recent years across a diverse range of industries, including retail, financial services, oil and gas services, biopharmaceuticals, shipping, and health care. She handles high-stakes and complex bankruptcy matters on behalf of creditors’ committees, bondholders and companies.
Rachael’s recent representations include the Boy Scouts of America official creditors’ committee as well as the ad hoc committee of consenting governmental claimants in the Purdue Pharma bankruptcy cases. She has also recently represented the Aegerion, Hexion and Toys R Us creditors’ committees as well as a large lender in the Nine West bankruptcy. Rachael regularly advises hedge funds in bankruptcy cases, out-of-court restructurings and sale transactions in bankruptcy-related matters as well as in connection with investments in distressed credits with complex capital structures.
Rachael was recently involved in the representations of the creditors’ committees in the bankruptcy cases of CHC Group Ltd., the largest commercial helicopter service provider primarily servicing the oil and gas industry, as well as in the bankruptcy cases of Arch Coal Inc., the second-largest holder of coal reserves in the United States. Rachael also represented the creditors’ committee in the bankruptcy of NII Holdings Inc., a leading provider of mobile communication services operating under the Nextel brand in Latin America, and the creditors’ committee in the bankruptcy of Residential Capital — the largest bankruptcy of 2012. She represented Luxor Capital Group LP in the 2016 bankruptcy cases of RCS Capital Corp., and currently represents the RCS Creditor Trust, which was formed for the benefit of unsecured creditors pursuant to the confirmed restructuring plan. She was a member of the bankruptcy team representing the holders of more than $18 billion in Puerto Rico Electric Power Authority bonds in the lawsuit challenging the constitutionality of Puerto Rico’s proposed bankruptcy statute.
On the company side, Rachael played a key role in representing Genco Shipping & Trading Ltd., an international dry bulk shipping company, in restructuring $1.4 billion of debt through a prepackaged plan of reorganization, and she represented General Maritime, one of the largest shipping companies in the world, in the seventh-largest bankruptcy filing of 2011.
Updated Aug 2023
