Blank Rome’s Michael B. Schaedle Inducted as 2019 Fellow of the American College of Bankruptcy
Blank Rome LLP is pleased to announce that Partner Michael B. Schaedle was inducted as a Fellow of the American College of Bankruptcy on March 15 in San Diego, California. The 2019 induction ceremony and reception was held at the historic Hotel del Coronado and honored the 36 Fellows of the Thirtieth Class of the American College of Bankruptcy, who were recognized for their “professional excellence and exceptional contributions” to the bankruptcy and insolvency practice.
“We are incredibly proud of Mike’s induction as a Fellow to the American College of Bankruptcy,” said Grant S. Palmer, Blank Rome’s Managing Partner and CEO. “This prestigious honor is in recognition of Mike’s longstanding career in the field of finance, restructuring, and bankruptcy, as well as his professional contributions to the legal practice at large. In receiving this well-deserved honor, he joins his Blank Rome colleagues Regina Stango Kelbon and Thomas E. Biron, who are also Fellows of the American College of Bankruptcy.”
The 2019 Class of Fellows underwent a rigorous nomination process and were extended an invitation to join based on a record of achievement reflecting the highest standards of professionalism, ethics, character, integrity, professional expertise, and leadership contributing to the enhancement of bankruptcy and insolvency law and practice; sustained evidence of scholarship, teaching, lecturing, or writing on bankruptcy or insolvency; community service; and commitment to elevating knowledge and understanding of the profession and public respect for the practice. All Fellows also must have a minimum of 15 years of practice and 10 years of specialization in bankruptcy. The final candidates were selected by the College’s Board of Regents from among recommendations of circuit admissions councils in each federal judicial circuit and specially appointed committees for judicial and international Fellows.
The American College of Bankruptcy is an honorary association of bankruptcy and insolvency professionals and plays an important role in sustaining professional excellence in the field. College Fellows include commercial and consumer bankruptcy attorneys, judges, insolvency accountants, turnaround and workout specialists, law professors, government officials, and others in the bankruptcy and insolvency community. The College offers unique and challenging educational programs and publications, maintains the National Bankruptcy Archives at the University of Pennsylvania School of Law, and, in conjunction with the American College of Bankruptcy Foundation, is believed to be the single largest financial supporter of pro bono bankruptcy services in the United States, contributing over $1.2 million during the past three years. For more information on the American College of Bankruptcy or the 2019 Class of Fellows, please visit americancollegeofbankruptcy.com.
At Blank Rome, Mike concentrates his practice on bankruptcy, reorganizations and workouts, debt and equity restructuring, and commercial and public debt transactions, representing secured creditors; creditors’ and other committees and creditor groups; contract counterparties; asset purchasers/plan-of-reorganization proponents; and trustees, debtors, foreign representatives, and other fiduciaries. He is ranked in Chambers USA as a leading bankruptcy lawyer and has received the highest possible ranking of AV Preeminent® by Martindale-Hubbell. Mike has been certified as a Business Bankruptcy Specialist by the American Board of Certification and is also a member of the International Insolvency Institute, another prestigious honorary association. In addition, he served as a member of the 2019 faculty for the American Bankruptcy Institute’s Complex Financial Restructuring Program and routinely publishes on bankruptcy topics. Mike is actively involved in his local community, currently serving on the board of directors for KIPP Administrative Services Corporation (he previously served as chair of that board and as vice chair of the board of trustees for KIPP Philadelphia Schools). Mike also has served as president of the board of trustees of the Friends of the Free Library of Philadelphia.