Firm News June 30, 2026
Rakhee Patel Joins Troutman Pepper Locke’s Bankruptcy and Restructuring Practice in Dallas
DALLAS – Rakhee Patel has joined Troutman Pepper Locke’s Bankruptcy and Restructuring Practice as a partner in the Dallas office. Her arrival further strengthens the firm’s national restructuring platform and expands its capabilities in Texas and across key capital‑intensive industries.
Patel joins Troutman Pepper Locke from Sidley Austin and brings more than three decades of experience handling high‑value, complex restructurings and bankruptcy matters for company, sponsor, and lender‑side clients, as well as related litigation and transactional work.
“Rakhee is a terrific lawyer with strong technical skill, deep market knowledge, and a stellar reputation in the bankruptcy and restructuring space — especially in key sectors like hospitality, energy, and manufacturing,” said Jonathan Young, chair of the firm’s Bankruptcy and Restructuring Practice. “Her arrival, alongside the additions last summer of Chris Fernandez, Michael Cecka, David Fialkow, and Melissa Kato, underscores our momentum in building a deep and talented restructuring team that represents clients across the entire capital stack in a diverse range of industries and verticals. We are excited to have her join our team.”
Patel advises clients in a broad range of industries, including energy, private equity and private credit, transportation, financial products, retail, distribution, health care and life sciences, manufacturing, and emerging companies and venture capital. She has represented debtors, sponsors, lenders, and other stakeholders in large, multiparty restructurings and bankruptcy cases nationwide.
“Rakhee immediately strengthens our debtor-side capabilities in Texas and will have multiple opportunities to collaborate with our larger restructuring team across the firm’s national platform,” said Paul Nason, managing partner of Troutman Pepper Locke’s Dallas office. “By bringing on a seasoned, well‑known debtor‑side partner with longstanding roots in Texas, strong ties to New York, and a national network in key industries, we are better positioned to capture additional restructuring opportunities and to drive cross‑practice collaboration and growth across the firm.”
“Troutman Pepper Locke offers the kind of integrated, multidisciplinary national platform that complex restructurings demand,” said Patel. “The firm’s commitment to representing stakeholders across the capital stack, its collaborative culture, and its investment in the Texas market make this an ideal place to grow my practice and I am excited to join the team.”
Troutman Pepper Locke’s Bankruptcy and Restructuring group provides clients with creative solutions that prioritize recovery or return on investment. Clients impacted by distressed situations rely on the team’s creativity, technical skill, and market knowledge to develop and execute value-maximizing solutions. The group’s deep understanding of pre- and post-insolvency issues from every stakeholder’s perspective enables them to help clients prevent and prepare for a financial crisis and, when needed, serve as trusted advisors to respond effectively to financial distress.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.
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