Rachel Ehrlich Albanese, DLA Piper
Rachel Ehrlich Albanese
Partner, Chair of US Restructuring Group
DLA Piper
What led you to a career in the deal making industry?
I became interested in bankruptcy law during my clerkship after law school when I was working on several bankruptcy appeals. The issues are intellectually interesting, and the work is exciting. I also liked the rehabilitative aspect of the practice – helping companies to reorganize or creditors to get what they’re owed.
Diversity adds value in the deal-making process...
Diversity adds perspective and depth to decision-making and negotiations. It is statistically proven that board diversity leads to better outcomes. Our clients benefit when diverse professionals are in the room and at the table.
Most memorable deal...
I represented a school bus company in chapter 11. We were selling hundreds of buses and bus routes and had to close 30 sales in two weeks. It was exhausting but exhilarating.
Advice for achieving success...
Be authentic in your communication style and confident in your delivery. Also, like what you do.
Profile:
Rachel has more than 20 years' experience representing secured and unsecured creditors, debtors, equity holders, purchasers of distressed assets, and other parties in interest in a wide range of restructuring matters, including cases under chapter 11 of the US Bankruptcy Code, out-of-court workouts, and cross-border insolvency proceedings. Most recently, Rachel has been involved in Puerto Rico’s current restructuring efforts since their earliest days, when she participated in dozens of meetings with U.S. Congress members and staff to develop the law that ultimately became PROMESA.
Education: J.D., and B.A. from University of Pennsylvania.
Location: DLA Piper, New York, NY.
