Michael L. Schein is a Shareholder at Vedder Price and a member of the Corporate Reorganization, Bankruptcy and Insolvency group. He is resident in the firm’s New York office.
Mr. Schein’s practice encompasses all aspects of bankruptcy, including workouts, corporate restructuring, financial transactions and litigation, with significant experience in a broad range of industries including telecommunications, health care, financial services, transportation (automotive, railcar and marine) and biotechnology.
Mr. Schein represents secured creditors (including senior secured and second lien), agents to and lenders in syndicated lending groups, debtor-in-possession lenders, individual financial institutions, hedge funds, distressed debt investors and acquirers in bankruptcy proceedings (including 363 sales), out-of-court restructurings and cross-border restructurings, and he has counseled clients on a wide variety of corporate and finance matters for almost 20 years.
Mr. Schein is the founder and former Chair of the Financial Markets/IP Insolvency and Workout Section of the Licensing Executives Society. He is also a long-standing member of several professional associations, including the Turnaround Management Association, the American Bankruptcy Institute, where he is a member of the Asset Sales Committee, the Secured Credit Committee, the Technology and Intellectual Property Committee and the Health Care Committee, and the Maritime Law Association, where he is a member of the Maritime Bankruptcy and Insolvency Committee and the Marine Finance Committee. Mr. Schein has been repeatedly recognized in Thomson Reuters' New York Super Lawyers, a peer-driven publication highlighting attorneys who have attained a high-degree of professional achievement. He has also been recognized with the prestigious "AV Preeminent" Peer Rating in Martindale-Hubbell.
Mr. Schein has copresented numerous client presentations, including to CIT, on current topics such as structured vessel finance transactions and foreclosures and state-of-play intercreditor agreements.