Bankruptcy
RAINES brings deep, battle-tested experience to the full spectrum of bankruptcy and restructuring matters. Our nationally recognized attorneys guide startups, multinational corporations, and privately held businesses through out-of-court work arounds and complex Chapter 11 proceedings with precision and speed.
We deliver strategic solutions that balance business realities with legal risk, leveraging our cross-disciplinary expertise in litigation, corporate, and real estate law. Whether negotiating with creditors or navigating operational distress, we focus on achieving optimal outcomes while minimizing disruption.
When litigation is necessary, our seasoned trial lawyers move quickly and decisively to protect our clients’ interests and advance their agenda. RAINES combines creativity, efficiency, and execution to deliver clarity in the face of uncertainty.
Accolades
- Super Lawyers (2025, 2024)
- Super Lawyers, Rising Stars (2025, 2024)
- Pennsylvania Super Lawyer, Bankruptcy “Rising Stars” (2025, 2024)
- The Best Lawyers in America, Bankruptcy and Creditor Debtors Rights / Insolvency and Reorganization Law “Ones to Watch” (2025, 2024, 2023)
- The Best Lawyers in America®, Pittsburgh Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2025, 2024, 2023, 2022, 2021, 2020)
- Pennsylvania Super Lawyers®, Bankruptcy “Rising Stars” (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018)
- Best Lawyers in America, Bankruptcy and Creditor/Debtor Rights/Insolvency and Reorganization (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018)
- Chambers USA, Bankruptcy/Restructuring, Pennsylvania: Pittsburgh & Surrounds (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017)
- Pennsylvania Super Lawyers®, Bankruptcy (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013); Bankruptcy “Rising Stars” (2008, 2010–2011)
- Super Lawyers (2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012)
- Illinois Super Lawyers in the area of Bankruptcy and Creditors/Debtor Rights (2025, 2024, 2015-2020, 2006-2012)
- Super Lawyers, 2025, 2024, 2013-2021, 2010, 2009, 2007
- Rights/Insolvency and Reorganization Law (2022-2025), Litigation-Bankruptcy (2024)
- Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2024)
- Litigation-Bankruptcy (2024)
- The Best Lawyers in America®, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law “Ones to Watch” (2023, 2022)
- Lawdragon, Top 500 US Bankruptcy & Restructuring Lawyers (2023 & 2021)
- US News Metropolitan Tier 2 Ranking: Bankruptcy and Creditor Debtor Rights (2022)
- Martindale-Hubbell AV Preeminent Rated – Judicial Edition (2022)
- Turnaround Management Association, Chicago/Midwest Chapter – 2022 Outstanding Service of the Year Award (as chair of the Continuing Education Committee)
- 2020 President’s Award, National Association of Federal Equity Receivers
- Best Lawyers in America, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, 2019-2021
- Turnaround Atlas Award 2018
- The M&A Advisor 12th Annual Turnaround Award (2018) – Section 363 Sale of the Year ($10MM to $25MM), Sale of Central Iowa Healthcare (CIH) assets to Allen Health Systems, Inc. (UnityPoint)
- 2018 International Advisory Award: Business Insolvency and Restructuring Lawyer of the Year in California
- Financials Deal of the Year, M&A Advisor Turnaround Award 2017
- Super Lawyers Top Women 2017, 2016
- Turnaround Management Association’s Turnaround Legend (2016)
- Out of Court Restructuring of the Year (Middle Markets),Turnaround Atlas Award 2016
- American College of Bankruptcy, Fellow, Inducted into the 27th Class, March 2016
- American Bankruptcy Institute, Committee Member of the Year, April 2016
- Martindale Hubbell AV Preeminent Attorney 2016-2021
- Restructuring Deal of the Year (Over $100MM to $1 Billion), M&A Advisor Award 2015
- Professional Services Deal of the Year, M&A Advisor Turnaround Award 2015
- Professional Services (B-to-B) Deal of the Year (Over $100MM), M&A Advisor Award 2015
- The M&A Advisor 8th Annual Turnaround Award (2014) – Restructuring Deal of the Year – Consumer and Retail Products Sector – Sale of Certain Assets of Natural Pork Production II, LLP to AMVC and the Handlos Family
- The International Who’s Who of Asset Recovery Lawyers, 2013 – 2019
- Leading Lawyer in Bankruptcy & Workout Law: Commercial (2009-2017)
- Illinois Super Lawyers (2005)
- Leading Lawyers Network, Bankruptcy & Workout Law: Commercial and Creditor’s Rights/Commercial Collections Law (2005-2019)
- Turnaround Management Association’s Educator of the Year (2004)
- Leading Lawyer in: Bankruptcy & Workout Law: Commercial
- Martindale-Hubbell Law Directory, AV Preeminent®
- AV Preeminent: Martindale-Hubbell Peer Review Ratings
- Top Mid-Market Turnaround ($250-500M)
- The Best Lawyers in America®, Bankruptcy and Creditor Debtor
- Martindale-Hubbell AV Preeminent Rated (1986)