Rachel Albanese is experienced in representing debtors, secured and unsecured creditors, equity holders and purchasers of distressed assets. She has handled a wide range of restructuring matters, including cases under chapter 11 of the US Bankruptcy Code, out-of-court workouts and cross-border insolvency proceedings.

Representative matters include:
  • the Employees Retirement System of the Government of the Commonwealth of Puerto Rico
  • the Joint Official Liquidators of Security Capital Limited in US proceedings
  • the ad hoc groups of noteholders in In re Magnum Hunter Resources Corporation and In re Inversiones Alsacia S.A.
  • the official committees of unsecured creditors in In re Chassix Holdings, Inc. and In re SandRidge Energy, Inc.
  • the debtors in In re Metro Affiliates, Inc.
  • UMB Bank, N.A. in In re Residential Capital, LLC
  • the company in the out of court restructuring of CEVA Group Plc
  • the Joint Official Liquidators of Trikona Advisers Limited
  • the ad hoc committee of second-lien noteholders in In re Eastman Kodak Company
  • the purchaser of the sex.com domain name in In re Escom, LLC
  • the debtor in In re Recycled Paper Greetings, Inc.
  • the debtors in In re Loral Space & Communications Ltd

* Certain of the above matters were handled by Ms. Albanese prior to her joining DLA Piper LLP (US).

Rachel is a contributing author of the Bloomberg Law: Bankruptcy Treatise. She is also a co-chair of the National Association of Women Lawyers' (NAWL) Practice Area Affinity Group, Women in Bankruptcy & Restructuring, and a member of the International Women's Insolvency & Restructuring Confederation and the American Bankruptcy Institute. After law school, where she served as Editor-in-Chief of Penn Law's Journal of International Economic Law, Rachel clerked for Hon. John W. Bissell, Chief Judge, United States District Court for the District of New Jersey.