Rachel Albanese is Chair of the U.S. Restructuring Practice and a partner in the New York Office. Rachel has nearly 20 years' experience representing secured and unsecured creditors, debtors, equity holders, purchasers of distressed assets, and other parties in interest in 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. In addition, Rachel has been involved in the current restructuring efforts in Puerto Rico since the earliest days when she participated in dozens of meetings with U.S. Congress members and staff to develop the law that ultimately became PROMESA. She has been instrumental in many of the firm's PROMESA-related matters.

Rachel is a co-chair of the Women in Bankruptcy & Restructuring affinity group of the National Association of Women Lawyers (NAWL). Recently, she was selected by Crain’s New York Business as a 2022 Notable Woman in Law and recognized by Chambers and Partners in 2021 for Bankruptcy and Restructuring in New York. As reviewed by Rachel’s clients, "She has the unique ability to explain the details in relation to novel areas of bankruptcy law, but also get to the punchline of the impact on us. She is very prescient in identifying risks and she is incredibly thoughtful." "She is a powerhouse."

Rachel is an active member of the American Bankruptcy Institute, the International Women's Insolvency & Restructuring Confederation and the Turnaround Management Association. 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. Rachel is a contributing author of the Bloomberg Law: Bankruptcy Treatise and has guest lectured at Penn Law School and Duke Law School.

Rachel previously served as Co-Hiring Partner of the New York office.