Rachel represents debtors in large, complex, chapter 11 cases and out of court restructurings. Clients in this area have included Broadview Networks, Inc., Rural/Metro Corporation, 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.
Rachel also regularly represents hedge funds and Private Equity Firms, such as Appaloosa Investment L.P., Senator Investment Group, Pardus Capital Management, Caspian 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.
Chambers USA ranks Rachel as a leading bankruptcy and restructuring law practitioner in New York (2009-2021) and nationwide (2021), highlighting that she is "a force to be reckoned with," “a bankruptcy and restructuring superstar" and “outstanding in court." She was also named to the 2021 “Notable Women in Law” list by Crain’s New York Business, honoring talented attorneys for their achievements in the law, professional leadership and philanthropic activities. In 2020, Business Insider named her among “ten lawyers who navigated the biggest bankruptcies in history and are seeing a boom in business thanks to a restructuring surge.” In 2015, Turnaround & Workouts Magazine recognized Rachel for her lead role representing the Debtors in the precedent-setting restructuring of Momentive Performance Materials, which was featured on the publication’s listing of the most successful restructurings of 2014.