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 is currently representing the official creditors’ committees in the Rite Aid and Endo Pharmaceuticals bankruptcies. Other recent representations include leading the representation of the parent ad hoc claimant group in the cross-border case of LATAM Airlines, the Boy Scouts of America official creditors’ committee and the ad hoc committee of governmental claimants in the Purdue Pharma bankruptcy cases. She has also recently represented the GenesisCare, 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 as well as on investments in distressed credits with complex capital structures.
Rachael previously represented the creditors’ committees in the bankruptcy cases of CHC Group Ltd., (a large commercial helicopter service provider), Arch Coal Inc. (second-largest holder of U.S. coal reserves), NII Holdings Inc. (Nextel branded Latin American mobile communication services provider) and Residential Capital (the largest bankruptcy of 2012). She represented Luxor Capital Group LP in the 2016 bankruptcy of RCS Capital Corp., and represented the RCS Creditor Trust, which was formed for the benefit of unsecured creditors pursuant to the confirmed restructuring plan. She was also involved in the lawsuit on behalf of holders of more than $18 billion in PREPA bonds 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 2024
