Rakhee is a Dallas-based bankruptcy and restructuring partner with three decades of experience representing debtors, creditors, equity holders, and other clients in Chapter 11 cases, bankruptcy litigation, out-of-court workouts, and distressed M&A transactions.

Overview
Insights
Awards

Rakhee has three decades of experience guiding clients through complex bankruptcy and restructuring matters. Recognized by Best Lawyers and Chambers USA year after year — and named to the “Best Lawyers in Dallas” list in the Bankruptcy & Workout category by D Magazine, which recognizes attorneys in the local legal market — Rakhee is trusted by clients facing insolvency and restructuring challenges across various industries, including energy, health care, technology, retail, manufacturing, hospitality, and others. She represents public and private companies, including startup ventures, and her clients include debtors, lenders, vendors, landlords, equity holders, ad hoc bondholder groups, and official committees.

In addition to high-stakes bankruptcy litigation, Rakhee’s practice covers complex Chapter 11 reorganizations, out-of-court workouts, liability management, and distressed M&A transactions. She is equally at home advising clients at the negotiating table as she is advocating for them in the courtroom, where she has handled preference actions, fraudulent transfer claims, breach of fiduciary duty disputes, and dischargeability matters in courts across Texas and beyond. Rakhee is admitted to practice in all four federal districts in Texas, the Fifth and Tenth Circuits, and the state bars of Texas and New York.

Rakhee speaks regularly at national and regional conferences on bankruptcy and restructuring topics. She serves as chair of the Northern District of Texas Complex Case Procedures Committee and is a fellow of the American College of Bankruptcy.

  • Chambers USA: Bankruptcy/Restructuring, Texas (2019-2026)
  • Best Lawyers in America®: Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation – Bankruptcy (2018-2023)
  • D Magazine, Best Lawyers in Dallas (2015–2016, 2018–2026)
  • Texas Super Lawyers®: Bankruptcy (2013-2025)
  • Super Lawyers® Texas Rising Star (2005-2012)

Rakhee has three decades of experience guiding clients through complex bankruptcy and restructuring matters. Recognized by Best Lawyers and Chambers USA year after year — and named to the “Best Lawyers in Dallas” list in the Bankruptcy & Workout category by D Magazine, which recognizes attorneys in the local legal market — Rakhee is trusted by clients facing insolvency and restructuring challenges across various industries, including energy, health care, technology, retail, manufacturing, hospitality, and others. She represents public and private companies, including startup ventures, and her clients include debtors, lenders, vendors, landlords, equity holders, ad hoc bondholder groups, and official committees.

In addition to high-stakes bankruptcy litigation, Rakhee’s practice covers complex Chapter 11 reorganizations, out-of-court workouts, liability management, and distressed M&A transactions. She is equally at home advising clients at the negotiating table as she is advocating for them in the courtroom, where she has handled preference actions, fraudulent transfer claims, breach of fiduciary duty disputes, and dischargeability matters in courts across Texas and beyond. Rakhee is admitted to practice in all four federal districts in Texas, the Fifth and Tenth Circuits, and the state bars of Texas and New York.

Rakhee speaks regularly at national and regional conferences on bankruptcy and restructuring topics. She serves as chair of the Northern District of Texas Complex Case Procedures Committee and is a fellow of the American College of Bankruptcy.

  • Chambers USA: Bankruptcy/Restructuring, Texas (2019-2026)
  • Best Lawyers in America®: Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation – Bankruptcy (2018-2023)
  • D Magazine, Best Lawyers in Dallas (2015–2016, 2018–2026)
  • Texas Super Lawyers®: Bankruptcy (2013-2025)
  • Super Lawyers® Texas Rising Star (2005-2012)
  • Fellow, American College of Bankruptcy
  • Master, John C. Ford American Inn of Court
  • Co-chair, TMA Global Network of Women
  • Member, American Bankruptcy Institute
  • Global member and board member, DFW Chapter, Turnaround Management Association
  • International Women’s Insolvency & Restructuring Confederation
  • South Asian Bar Association of North America
  • Chair, Northern District of Texas Complex Case Committee
  • Former chair, Dallas Bankruptcy Association, Bankruptcy & Commercial Law Section
  • Former member, Texas Minority Counsel Program, Steering Committee

Education

  • Tulane University Law School, J.D., cum laude, 1996
  • University of Florida, B.S.B.A., 1993, finance

Bar Admissions

  • New York
  • Texas

Court Admissions

  • U.S. Court of Appeals, Fifth Circuit
  • U.S. Court of Appeals, Tenth Circuit
  • U.S. Bankruptcy Court, Western District of Texas
  • U.S. Bankruptcy Court, Northern District of Texas
  • U.S. Bankruptcy Court, Southern District of Texas
  • U.S. Bankruptcy Court, Eastern District of Texas
  • U.S. District Court, Eastern District of Texas
  • U.S. District Court, Western District of Texas
  • U.S. District Court, Northern District of Texas
  • U.S. District Court, Southern District of Texas

Clerkships

  • Hon. Robert C. McGuire, U.S. Bankruptcy Court, Northern District of Texas, 2001-2003
  • Hon. Harlin D. “Cooter” Hale, U.S. Bankruptcy Court, Northern District of Texas, 2001-2003

Languages

  • Gujarati