Rachel C. Schatz

RACHEL SCHATZ focuses her practice on distressed and special situation financings, as well as leveraged and investment-grade lending, acquisition financings, asset-based financings, letter of credit facilities, fund financing, and general corporate governance matters in a wide variety of industries, while representing bank and non-bank financial institutions as agents and lenders, as well as corporates, investment funds, and private equity sponsors, and their portfolio companies, as borrowers. She also has experience with debtor-in-possession financings, in-court and out-of-court restructurings, and complex cross-border transactions involving multiple debt tranches and multiple lien priorities. Rachel often advises on bespoke transactions that often require cross-disciplinary capabilities, and also maintains an active pro bono practice, with particular experience representing early stage companies in emerging economies.

Prior to joining Sidley, Rachel worked at another international law firm where she was part of the Banking, Finance and Securities group. She also served as a judicial intern for The Honorable Senior Judge John L. Kane of the U.S. District Court for the District of Colorado.

While attending Tulane University Law School, Rachel served as the managing editor of the Tulane Law Journal of International and Comparative Law. White attending Tulane University’s A. B. Freeman School of Business, Rachel focused her MBA studies in Finance.

• Funds affiliated with Whitebox Advisors, ATW Partners, Wazee Street Capital Management, Morningside Ventures, and Highbridge Capital Management, in the bankruptcy proceedings of Rockley Photonics Holdings Limited, resulting in the debt for equity exchange of their secured debt holdings and in their provision of exit financing to the debtor.
• Whitebox Advisors and other investors in the financing of the acquisition of a conventional oil refinery in Mobile, Alabama and the funding for its conversion to renewable diesel by Vertex Energy, Inc.
• WhiteHawk Capital Partners LP, as administrative agent and collateral agent, in connection with a US$116 million secured asset-based term loan facility with crossing liens and third lien debt to a manufacturer in the automotive industry.