Michael B Schaedle

/Home/Bankruptcy Attorneys: Philadelphia PA

By listening to general counsel, business leaders and entrepreneurs, and anticipating their needs, Blank Rome has provided exceptional service to clients for more than 60 years. We have become one of America's largest law firms by adding leading talent and new practice areas to handle critical client matters. We invite you to explore this site to learn how our experience, depth, and diversity can enhance your business. At Blank Rome, we see the world through our clients' eyes.

Certified Specialist in Business Bankruptcy - American Board of Certification

Michael B Schaedle
Blank Rome LLP
1 Logan Square
130 N 18th St
Philadelphia PA 19103-6998
Tel: 215 569-5762
Fax: 215 832-5762

Business Restructuring & Bankruptcy

Blank Rome’s business restructuring and bankruptcy group represents both creditors and debtors in a broad range of bankruptcy, reorganization, and workout matters, including related litigation and credit and business transactions. Our team handles matters throughout the U.S.; and we are nationally recognized for our practices in New York, Wilmington, Delaware, and Philadelphia, Pennsylvania.

Our bankruptcy attorneys have handled high-profile insolvency cases in a wide variety of industries, including mortgage, retail, consumer products, healthcare, energy, life sciences, technology, telecommunications, aircraft and airlines, transportation, steel, and insurance. We regularly represent debtors, creditors’ committees, secured and unsecured creditors, asset and business purchasers, investors and investment banking and restructuring firms around the country.

Distressed business environments can provide tremendous opportunities for strategic transactions. We maximize successful outcomes for our clients by taking a pragmatic approach, combining practical experience and creative strategies that address the nuances of each representation. We discreetly guide clients by providing risk assessment, counsel on alternatives, structure and completion of transactions, and litigation where appropriate.

Creditors’ Committees

Blank Rome represents creditors' committees of unsecured creditors in diverse bankruptcy cases.

Debtors and Restructuring

Our bankruptcy attorneys represent financially distressed companies in a variety of industries to evaluate their options, including Chapter 11 reorganization and out-of-court restructuring.

Subprime Lending and Mortgage Industry

Our attorneys counsel banks, mortgage lenders, warehouse lenders, loan servicers, and company directors and officers currently affected by the subprime mortgage crisis. The team is counsel to a number of parties involved in some of the largest mortgage industry bankruptcies to date.

Secured Lenders and Select Creditor Representations

Blank Rome represents creditors with secured positions at various levels to protect and preserve their positions and maximize their recovery in Chapter 11 proceedings and out-of-court restructurings.

Purchasers

Our attorneys represent potential purchasers interested in purchasing assets from Chapter 11 and Chapter 7 debtors.

Experienced Attorneys Recognized in Their Fields

Chambers USA gives high marks to our Delaware and Pennsylvania offices and recognizes six of our bankruptcy and restructuring team members. Chambers noted that our “strong New York presence is a particular drawing card for clients.”

The American Lawyer's Corporate Scoreboard 2010 ranked our bankruptcy practice at the top. We served as creditors' committee counsel for two of the largest emergences from bankruptcy in 2009.

The Deal.com has ranked Blank Rome among the top five bankruptcy law firms and individually ranked several of our attorneys in our bankruptcy practice, based on number of active cases.

Three of the group’s attorneys are fellows of the prestigious American College of Bankruptcy. One partner is a regent of the American College of Bankruptcy and another partner served as chairman of the American College of Bankruptcy Foundation and is a past chair of the American College of Bankruptcy. Many members of the group write and lecture extensively on issues involving corporate restructuring and bankruptcy.