Michael C.Schneidereit

Partner

New York + 1.212.326.3482

Michael Schneidereit is committed to providing clients with effective representation in high-stakes distressed litigation, complex corporate reorganizations, and bankruptcy proceedings. He has represented creditors and debtors in a wide range of cases including matters relating to the financial, retail, real estate, sports, health care, and oil and gas industries.

Michael recently represented term lenders of J.Crew Group and the litigation trust established by the chapter 11 plan of MF Global in a lawsuit against that company's former officer and also has represented an investment fund in a partnership dispute in California state court involving a real estate development. Prior to joining Jones Day in May 2012, he represented chapter 11 debtors including the Los Angeles Dodgers and California Coastal Communities. He also represented creditors or other parties-in-interest in numerous chapter 11 cases including DBSI, Fontainebleau Las Vegas, Hawaii Medical Center, and Namco Capital Group.

Michael is a member of the State Bar of California and has been engaged in several pro bono representations.

Experience

  • Intelsat closes $6.7 billion DIP-to-exit financing transactionsOn May 13, 2020, Intelsat S.A. and certain of its direct and indirect subsidiaries (the “Intelsat Parties”) filed voluntary petitions with the U.S. Bankruptcy Court for the Eastern District of Virginia commencing their respective cases under Chapter 11 of the Bankruptcy Code.
  • Swissport completes cross-border restructuringJones Day has advised sponsor, HNA, on the cross-border restructuring of the air freight and logistics business, Swissport.
  • Members of Intelsat Jackson Crossover Group to own 96% of reorganized Intelsat equity following complex chapter 11 plan confirmation processJones Day represents the largest creditor constituency (the "Jackson Crossover Group") holding more than 47% ($7 billion) of the debtors' entire funded debt in the highly complex chapter 11 cases of In re Intelsat S.A., et al. (Case No. 20-32299-KLP), pending in the Eastern District of Virginia bankruptcy court (the "Bankruptcy Court").
  • Monitronics term lender group participates in comprehensive restructuring and extension of DIP financing for Monitronics International, Inc.Jones Day is representing a group of lenders holding approximately $1 billion of secured term loans issued by Monitronics International, Inc., which, together with its affiliates, filed partially prepackaged chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas on June 30, 2019.
  • MF Global Litigation Trust pursues claims against Jon Corzine and other former officersAs part of MF Global Holdings' confirmed plan of reorganization, Jones Day is representing the Litigation Trustee as plaintiff pursuing claims on behalf of creditors brought against Jon Corzine and other former officers for damages resulting from MF Global's demise.
  • Consumer Capital successfully preserves rights in Quiznos bankruptcyJones Day represents Consumer Capital Partners and certain related individuals ("Specified Litigation Parties") in their defense against threatened claims by Avenue Capital Management related to a 2012 transaction involving Quizno's restructuring.