Vedder Price

Michael L. Schein

Shareholder

Michael L. Schein is a Shareholder at Vedder Price and a member of the Corporate Reorganization, Bankruptcy and Insolvency group.

He is a resident in the firm’s New York office.

Mr. Schein’s practice encompasses all aspects of bankruptcy, including out-of-court restructurings, debt restructurings, cross-border restructurings, financial transactions and litigation, with significant experience in a broad range of industries including transportation (automotive, railcar and marine), financial services, health care, telecommunications and digital assets.

Mr. Schein represents secured creditors in all levels of the capital structure, including agents to and lenders in syndicated lending groups, debtor-in-possession lenders, second lien lenders, private equity, financial institutions, hedge funds, distressed-debt investors and acquirers in bankruptcy proceedings (including 363 sales).  Mr. Schein further counsels clients on the state-of-play of intercreditors agreements and agreements among lenders, as well as on a wide variety of related corporate and financial matters for almost 25 years.

Mr. Schein is a long-standing member of several professional associations, including the Maritime Law Association, where he is a member of the Maritime Bankruptcy and Insolvency Committee and the Marine Finance Committee, the Turnaround Management Association, the American Bankruptcy Institute and the Association for Corporate Growth.  Mr. Schein has been repeatedly recognized in 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.

Michael L. Schein

Shareholder

Education

  • Brooklyn Law School, J.D., 1993, Dean Merit Scholar
  • Syracuse University, B.S., 1987, First Annual Robert Brethen Scholar

Michael L. Schein

Shareholder

Bar Admissions

  • New York

Court Admissions

  • U.S. District Court, Northern District of New York
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, District of Connecticut
  • U.S. Court of Appeals, Second Circuit

Michael L. Schein

Shareholder

Michael L. Schein

Shareholder

Experience

  • Represents multiple railcar lessors, including Wells Fargo Rail and CIT Bank, in national and international restructuring matters across a variety of industries, including energy and oilfield service providers.
  • Represents network communications and enterprise colocation providers in connection with industry restructurings and litigation matters.
  • Represents organizations within the digital asset industry in matters involving insolvency and restructurings.
  • Represented lenders to health care companies in the sale and refinancing of distressed facilities.
  • Represents non-insider equity holders of Club Premiere, Aeromexico’s loyalty program, in connection with the airline’s successful chapter 11 restructuring.
  • Represents multiple creditors of Sears Holdings Corporation in bankruptcy litigation, including NorthStar Group Services, Inc. and Village of Hoffman Estates.
  • Represented debtor-in-possession lenders in the multibillion dollar bankruptcy case of General Motors.