Rachel Jaffe Mauceri

Counsel

  • Overview

    Biography

    Rachel Jaffe Mauceri is a corporate bankruptcy and restructuring lawyer with more than 19 years’ experience counseling clients in complex bankruptcy and restructuring matters. She participates in all aspects of domestic and international restructurings, representing debtors, financial institutions, bondholder groups and ad hoc committees, private equity sponsors, and other significant parties in interest. Rachel is known as a strong communicator and collaborator with a record of success in developing client relationships across disciplines. She is counsel in the firm’s Bankruptcy + Reorganizations Group and is resident in the Philadelphia office.

    Rachel has significant transactional and litigation experience in a range of industries, including retail, energy, automotive, oil and gas, mortgage servicing, health care, and telecommunications. She has both extensive debtor-side and creditor-side experience, including, representing companies in pre-negotiated and traditional bankruptcy proceedings as well as out-of-court workouts; representing borrowers and financial institutions in the negotiation and documentation of secured lending facilities; advising indenture trustees and second lien lenders; representing pension and health plans in connection with collective bargaining issues and proceedings under sections 1113 and 1114 of the Bankruptcy Code; advising clients on restructuring alternatives; representing stalking horse and other bidders in distressed and bankruptcy-related transactions; leading teams through the bankruptcy, from diligence and first-day preparation through the negotiation, documentation, and litigation of case resolution; and advising contract parties and other significant creditors and parties in interest on a variety of bankruptcy-related matters, including critical vendor, lease and contract assumption and rejection issues, avoidance actions and other claim- and contract-related matters. 

    Rachel writes regularly on current issues and topics in bankruptcy and regularly moderates and participates in panel discussions on bankruptcy-related matters. She is an active member of the Turnaround Management Association, currently serving as co-chair of both TMA’s Global Network of Women and its Mid-Atlantic Regional Symposium, and as a member of TMA Global’s board of directors and as President-elect of the board of TMA’s Philadelphia-Wilmington chapter. Rachel also is a member of the American Bankruptcy Institute and the International Women’s Insolvency & Restructuring Confederation, and a board member of the Consumer Bankruptcy Assistance Project and Beth David Reform Congregation. She is co-chair of the 2021 VALCON conference and was a member of the VALCON advisory board from 2018-2020.

    While in law school, Rachel interned for Judge Prudence Beatty Abram of the U.S. Bankruptcy Court for the Southern District of New York.

  • Experience
    • Experience

      Experience

      • Counsel to the indenture trustee for the second lien notes in the Chapter 11 cases of Chesapeake Energy Corporation  (S.D. Texas) *

      • Counsel to 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) *

         

      • Counsel to agent bank in connection with the negotiation and documentation of a multimillion dollar syndicated secured facility. *

      • Counsel to 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.) *

         

      • Counsel to the indenture trustees of numerous RMBS trusts holding claims in the Chapter 11 cases of Ditech Financial (S.D.N.Y.) and Residential Capital, LLC (S.D.N.Y) and their respective subsidiaries and affiliates. *

      • Counsel to hhgregg, Inc. and its affiliates in their Chapter 11 cases (S.D. Ind.) *

      • Counsel to 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) *

      • Counsel to 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. *

      • Counsel to 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.) *

      • Counsel to 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. *

      • Counsel to 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. *

      • Counsel to an auto component manufacturer in connection with its orderly out-of-court wind-down under Delaware law. *

         

      • Counsel to bidders and stalking-horse purchasers and other bidders in connection with bankruptcy-related asset sales conducted under Section 363 of the Bankruptcy Code. *

         

      • Counsel to financial institutions and other clients in complex avoidance litigation and other issues arising in distressed situations. *

         

      • * Attorney Mauceri was counsel in these representative transactions prior to joining Robinson+Cole. 

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    • Professional Associations

      Professional Associations

      Turnaround Management Association
      TMA Global: Network of Women (NOW) (Global Co-Chair, 2019-21, Global Summit Planning Committee, 2017-18), Board of Trustees, 2020-21
      Philadelphia/Wilmington Chapter: TMA Mid-Atlantic Regional Symposium (Co-Chair, 2019, 2021); Planning Committee, (2017-18); Board of Directors (2019-20); Co-Chair, Network of Women, (2018-20)

      American Bankruptcy Institute
      VALCON Conference Advisory Board (2018-20); Conference Co-Chair (2021-22)
      ABI Mid-Atlantic Conference Advisory Board (2017)

      International Women's Insolvency and Restructuring Confederation (IWIRC)
      Member
    • Honors + Awards

      Honors + Awards

      Ranked, Pennsylvania: Philadelphia & Surrounds, Chambers USA (2020) Bankruptcy/Restructuring

      Rising Star - State (Pennsylvania) IFLR 1000 United States (2021, 2020 and 2019)

      Rising Star, Restructuring (including Bankruptcy): Corporate, The Legal 500 US (2019)

      The 17th Annual M&A Advisor Sector Deal of the Year, in the category of "Healthcare and Life Sciences (Under $100MM)," for the sale of North Philadelphia Health System, representing The Bank of New York Mellon as Indenture Trustee.

    • Community Involvement

      Community Involvement

      Consumer Bankruptcy Assistance Project
      Member, Board of Directors
  • NEWS + PRESS
    • Publications

      Publications

      "Debtors Need Not Apply? New Developments on SBA Authority to Deny PPP Loans to Debtor Applicants," (April 2020)
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      "Doing the Deal Right: Mitigating the Threat of Insolvency Before It’s Too Late," published in Business Law Today. (September 23, 2016)
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      "Chapter 11 Bankruptcy and Restructuring Strategies,Lessons for Distressed Investors from Chapter 11 Decisions in 2014,," from the "Inside the Minds" series (2015)
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      "Viewpoint: Structured Dismissals, Sub Rosa Plans and the Limits of Lionel, 30 Years Later," published in Daily Bankruptcy Review (January 14, 2014)
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      "Issue-Specific Withdrawal of the Reference," published in The Bankruptcy Strategist (June 2012)
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    • Presentations

      Presentations

      "TMA Town Hall: PPP Forgiveness," (January 21, 2021)
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      "TMA Boot Camp Part 2: Legal Principles & Ethics," as a member of the faculty (October 2020)
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      "Managing Chaos in the Era of Loan Defaults," as a panelist during TMA Impact 2020 (September 2020)
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      "What is Your Strategy? Overview of a Troubled Credit from the Early Stages through Resolution," as moderator during the SFNet Women in Secured Finance and TMA Network of Women event (August 4, 2020)
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      "Minimizing Exposure: Practical Tips for Dealing with Financially Distressed Customers," (May 2020)
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      "Diminution in Value Claims," as moderator and panelist during VALCON 2020 (February 27, 2020)
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      "Lessons Learned from Contested Solvency and Valuation Trials," as moderator/panelist during VALCON (February 28, 2019)
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      "Asset-Based Lending Strategies: Enforcement and Bankruptcy," as a participant in three PLI: Studio Briefing -, on-demand, CLE-accredited roundtable discussions (February 2019)
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      "Advanced Stay Relief and Other Contested Matters," as a panelist for the Pennsylvania Bankruptcy Institute (October 24, 2018)
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      "Lessons Learned from Retail," during the ABI's New York City Bankruptcy Conference (May 24, 2018)
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      "Bridging the Gap: Rights Offerings and Others Paths to Exit," as moderator/panelist during VALCON (May 17, 2018)
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      "Decisions, Decisions: Investment Strategy," as moderator/panelist during the ABI's Mid-Atlantic Conference (August 4, 2017)
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      "Deconstructing EFH," during the ABI's New York City Bankruptcy Conference (May 18, 2017)
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      "What’s Hot/What’s Next," as moderator/panelist (March 3, 2017)
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      "Energy Update," as a panelist during the 14th Annual TMA Mid-Atlantic Regional Symposium (June 8, 2016)
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      "What You See May Not Be What You Get When the Deal Goes Bad," during the ABA 2016 Business Law Section Spring Meeting (April 8, 2016)
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    • News

      R+C in the News

      • January 29, 2021

        Robinson+Cole’s Recent Lateral Hires Profiled in Law360 Article

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        • View article

      R+C News Releases

      • January 14, 2021

        Robinson+Cole Expands National Bankruptcy Team

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        • View article