Rachel Jaffe Mauceri

Of Counsel

Rachel Jaffe Mauceri has more than 18 years of experience counseling clients in complex bankruptcy and restructuring matters. Her practice includes representing debtors in prenegotiated and traditional bankruptcy proceedings, debtor-in-possession financing, bankruptcy litigation, creditors’ rights and workouts, the purchase and sale of assets out of bankruptcy, and other aspects of bankruptcy and reorganization. Rachel’s clients include debtors, financial institutions, indenture trustees, pension and benefit plans, potential acquirers, and other significant creditors and parties in interest.

Extended Profile

Rachel regularly moderates and participates in panel discussions on bankruptcy-related matters and writes on current issues in bankruptcy. She is an active member of the Turnaround Management Association, including as current co-chair of TMA’s Global Network of Women and of TMA’s Mid-Atlantic Regional Symposium, and as a member of TMA Global’s board of directors and the board of TMA’s Philadelphia-Wilmington chapter. She is also a member of the American Bankruptcy Institute and IWIRC, and sits on the board of the Consumer Bankruptcy Assistance Project, Rachel is the co-chair of the 2021 VALCON conference, and was a member of the VALCON advisory board from 2018-2020.

Before joining Morgan Lewis, Rachel was an associate in the New York office of another international law firm, where she focused on bankruptcy and restructuring. While in law school, Rachel interned for Judge Prudence Beatty Abram of the US Bankruptcy Court for the Southern District of New York.

selected representations

Represents the indenture trustee for the senior unsecured notes in the Chapter 11 cases of Whiting Petroleum (S.D. Texas)
Counsel to the purchaser of the assets of Z Gallerie (Bankr. D. Del. 2019)
Represents agent bank in connection with the negotiation and documentation of a multimillion dollar syndicated secured facility
Represents UMWA retirement pension and health benefit funds in the chapter 11 bankruptcy cases of Mission Coal Company (Bankr. N.D. Ala. 2018-20), Westmoreland Energy (Bankr. S.D. Tex., 2018-20), Peabody Energy Corporation (E.D. Mo.), Arch Coal, Inc. (E.D. Mo.), Walter Energy Company (N.D. Ala.) and Patriot Coal Company (E.D. Va.)
Represents hhgregg, Inc. and its affiliates in their chapter 11 cases (S.D. Ind.)
Represented the indenture trustee: for the senior unsecured notes in the Chapter 11 cases of Seadrill Ltd., Linn Energy, and Berry Petroleum Company (S.D. Texas); for the senior secured industrial development bonds in the Chapter 11 case of North Philadelphia Health System (E.D. Pa.); and for the senior secured notes in the Chapter 11 cases of Avaya (S.D.N.Y.), CHC Helicopter, (N.D. Texas), and MIG LLC (D. Del)
Represented the second lien lender group in litigation arising from the chapter 11 case of La Paloma Co. Generating LLC (D. Del) regarding scope of rights under intercreditor agreement for a gas generated power plant in California
Represented the agent to the debtor-in-possession lenders in the chapter 11 bankruptcy of marine construction company Cal-Dive International and diving business and its affiliates (D. Del.)
Represented a nationally-known financial advisory firm and two individuals in a case alleging breach of fiduciary duty in connection with the conduct of the chapter 11 case of a coal producer company in Eastern Kentucky
Represented the indenture trustee of numerous RMBS trusts holding claims in the chapter 11 cases of Residential Capital, LLC (S.D.N.Y) and its subsidiaries and affiliates
Represented the debtors in the chapter 11 cases of a furniture designer/manufacturer, a retail apparel company and an auto component manufacturer and their respective affiliates
Represents bidders and stalking horse purchasers and other bidders in connection withbankruptcy-related asset sales conducted under section 363 of the Bankruptcy Code
Represents financial institutions and other clients in complex avoidance litigation