Damian S. Schaible

Co-head of Restructuring. Nationally recognized leader in advising creditors, ad hoc groups and other parties in restructurings and other complex transactions.
Damian is co-head of our Restructuring practice and a leading restructuring lawyer and thought leader. He has extensive experience representing creditors, ad hoc groups, debtors, asset purchasers and other strategic parties in prepackaged and traditional bankruptcies, out-of-court workouts, financings, litigation, section 363 sales and liability management transactions.
Damian has three times been named an “Outstanding Restructuring Lawyer” by Turnarounds & Workouts and twice named a Law360 “Energy MVP of the Year.” He is a Fellow of the American College of Bankruptcy. He is a Contributing Author of Collier on Bankruptcy and a member of the U.S. Judicial Conference Advisory Committee on Bankruptcy Rules, and has also served on the executive committees of the American Bankruptcy Institute and the New York City Bar Association.
An Eagle Scout, Damian serves on the boards of Boy Scouts of America’s Greater New York Councils, the Lighthouse International Film Festival and A House on Beekman.
Experience
- Creditor and ad hoc group representations in liability management or financing transactions, including with respect to E.W. Scripps, Altisource, Oregon Tool, MultiPlan, iHeart, GraftTech, Springs Window Fashions, Veritas Technologies, DISH DBS, Alkegen, Valcour Packaging, Hubbard Radio, Lumen Technologies, Pretium Packaging, Anchor Glass, Newark Energy Center, Shutterfly, LifeScan, Nautilus Power, Ultra Petroleum, Murray Energy, Riverbed Technologies, Venoco, Peabody Energy, Ligado Networks, Limetree Bay Terminals, Team, Inc., Key Energy, Sable Permian, Denbury Resources, Synchronoss Technologies, Tonon Bioenergia
- Creditor and ad hoc group representations in restructurings, including with respect to Vialto Partners, Incora, SEKO, Enviva, Wheel Pros, Airspan, Carestream Dental, Air Methods, TortoiseEcofin, Party City, Diebold Nixdorf, TPx Communications, Invacare, Arcade Beauty, Ruby Pipeline, GTT Communications, Washington Prime, Chesapeake Energy, California Resources, Fieldwood Energy, McDermott, Murray Energy, Fusion Connect, GenOn Energy, Philadelphia Energy, Expro Group, Bristow Group, Cloud Peak Energy, CTI Foods, Ultra Petroleum, Stearns Holdings, Tenrgys, Basic Energy, Avianca, Alta Mesa, FTS International, Superior Energy, Riverbed Technology, Team, Inc., Limetree Bay Terminals, Sheridan Holding I, Sheridan Holding II, Ferrellgas, Sable Permian, Essar Steel, Venoco, Acosta, Speedcast, Hornbeck Offshore, American Commercial Lines, Key Energy, VIP Cinema, Dixie Electric, Tervita, SandRidge Energy, RadioShack
- Senior lender or agent representations (including pre-petition, DIP and exit facilities) for institutions such as Citibank, JPMorgan Chase, Bank of America and Credit Suisse, including in matters involving Alpha Natural Resources, Peabody Energy, Avaya, Brazos Electric, Pinnacle Operating, Harvey Gulf, Pacific Exploration, JG Wentworth, Crossmark Holdings, iHeartMedia, Enduro Resource, Ascent Resources, Cengage Learning, C&J Energy, Connacher, Exide Technologies, Talen Energy
- Acquirers or sellers in section 363 or plan sales, including with respect to Fieldwood Energy, Murray Energy, Fusion Connect, Ascena Retail Group, Cloud Peak Energy, Essar Steel, GenOn Energy
- Debtor or sponsor representations, including Chaparral Energy, Patriot Coal, Delta Air Lines, Frontier Airlines, Pinnacle Airlines, TerraVia, Magnetation, Heritage Power
Insights
News
Recognition
American College of Bankruptcy – Fellow
Chambers USA – Bankruptcy/Restructuring, Band 1
Chambers Global – Bankruptcy/Restructuring
Crain’s New York Business – “Notable Leaders in Accounting, Consulting & Law,” 2024
Global M&A Network – “Top 100 Restructuring & Turnaround Professional”
IFLR1000 – Restructuring and Insolvency, United States, Highly Regarded
Legal 500 U.S. – Restructuring (Including Bankruptcy): Corporate
Lexology Index (formerly Who’s Who Legal) – Restructuring & Insolvency, Thought Leader
Turnarounds & Workouts – “Outstanding Restructuring Lawyer,” 2015, 2020, 2022
Law360 – “Energy MVP of the Year,” 2017 and 2021
Law360 – “Rising Star,” 2014
New York Law Journal – “Rising Star,” 2013
Lawdragon – 500 Leading U.S. Bankruptcy and Restructuring Lawyers, 2023
Education
- magna cum laude
- Order of the Coif
- Notes Editor, New York University Law Review
- magna cum laude
- Phi Beta Kappa
Clerkships
Qualifications and admissions
- State of New York
- U.S. Court of Appeals, Second Circuit
- U.S. Court of Appeals, Sixth Circuit
- U.S. District Court, E.D. Michigan
- U.S. District Court, E.D. New York
- U.S. District Court, S.D. New York