Rachel C. Strickland Partner MAIN OFFICE: New York Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, N.Y. 10019-6099, U.S.A. T 212-728-8544 F 212-728-9544

Rachel Strickland is a partner in the Business Reorganization and Restructuring Department of Willkie Farr & Gallagher LLP in New York. Ms. Strickland serves on the firm’s Pro Bono and Professional Personnel Committees.

Ms. Strickland represents debtors in large, complex, chapter 11 cases and out of court restructurings. Clients in this area have included LandAmerica Financial Group, Inc., Journal Register Company, Ampex Corporation, International Outsourcing Services, Teksid Aluminum, Adelphia Communications, Verestar, Inc., Mosler, Inc., Hechinger Investment Company, The Multicare Companies, AMF Bowling Worldwide, and USinternetworking.

Ms. Strickland also regularly represents hedge funds and Private Equity Firms, such as Appaloosa Investment L.P., Senator Investment Group, Pardus Capital Management, Caspian Capital, Barclays Capital, Royal Bank of Scotland, Citadel Investment Group, Greywolf Capital Management, Genii Capital and Twin Haven Capital, in their capacities as investors, lenders and creditors of distressed entities. She also represents creditors and other stakeholders, investors, acquirers and lenders in chapter 11 cases and non-judicial restructuring matters. Such clients have included American Express, CMA CGM, Fortent, Inc., Space Systems Loral, AFA Polytek, Fidelity National Financial and Donald J. Trump.

Ms. Strickland is ranked as a leading Bankruptcy and Restructuring Law practitioner in New York by Chambers USA(2009-2011).  She was also the subject of a 2010 article in The Deal entitled "Dynamism of Bankruptcy" and named as one of Turnarounds & Workouts magazine’s "Outstanding Young Restructuring Lawyers" in 2010 and 2006.

Ms. Strickland has served as a member of the Committee on Bankruptcy and Corporate Reorganization of the Association of the Bar of the City of New York.

Ms. Strickland lectures on bankruptcy-related matters for seminars and panels sponsored by the Turnaround Management Association, the Association of the Bar of the City of New York and other professional organizations.

Ms. Strickland has been instrumental, on behalf of clients, in several complex chapter 11 cases and non-judicial matters, including:

• Adelphia Communications (Debtor)
  
  
• Aleris International (Secured Lenders)
  
  
• AMF Bowling Worldwide, Inc. (Debtor)
  
  
• Ampex Corporation (Debtor)
  
  
• Angiotech Pharmaceuticals Inc. (Debtors)
  
  
• Delphi Corporation (Stakeholder and Investor)
  
  
• Delta Airlines, Inc. (Creditor)
  
  
• General Media, Inc. (Bidder of Assets)
  
  
• Hechinger Investment Company (Debtor)
  
  
• Indesco Internationa, Inc. (Licensor and Creditor)
  
  
• Integrated Alarm Services Group (Noteholder Group)
  
  
• Intermet Corporation (Secured Lenders)
  
  
• Journal Register Company (Debtor)
  
  
• LandAmerica Financial Group, Inc. (Debtor)
  
  
• Mosler, Inc. (Debtor)
  
  
• Nebraska Book Company (OpCo and HoldCo Bondholder)
  
  
• New Century TRS Holdings, Inc. (Acquirer of Assets)
  
  
• Peter Cooper Village and Stuyvesant Town (Investor)
  
  
• Polaroid Corporation (Acquirer and Affiliates)
  
  
• Port Townsend Paper (Noteholder)
  
  
• Quiznos (First Lien Lenders)
  
  
• Smurfit-Stone Container Corp. (Investor)
  
  
• Summit Global Logistics (Bidder of Assets)
  
  
• Tecstar, Inc. (Creditors’ Committee Member)
  
  
• TerreStar Networks Inc. (Largest Creditor and Acquirer)
  
  
• Trump Entertainment Resorts (Shareholder and Director)
  
  
• USinternetworking, Inc. (Debtor)
  
  
• Verestar, Inc. (Debtor)