Brad Eric Scheler
is a senior partner and chairman of Fried Frank's Restructuring and Insolvency Practice, resident in the Firm's New York office. During Mr. Scheler's tenure with Fried Frank and through his building and leadership of a talented and diverse team of lawyers, he has been responsible for securing for Fried Frank global recognition of Fried Frank's premier and leading Restructuring and Insolvency Practice. In his work, he leads teams attending to investment in, recourse related to and the financial restructuring and rehabilitation of, complex and often distressed businesses either out-of-court or in connection with formal restructuring and insolvency proceedings in the United States and abroad.
Drawing upon his substantial experience in corporate boardrooms and judicial proceedings, Mr. Scheler regularly acts as outside general counsel and strategic adviser to financially strong corporate and institutional clients in connection with financings and capital market transactions, including the issuance and exchange of debt and equity securities and the structuring and implementation of mergers, acquisitions and joint ventures.
Mr. Scheler regularly represents parties seeking to invest in and/or acquire the assets and businesses of financially troubled and other companies, buyers and sellers of distressed securities and businesses, financial institutions that are lenders to and investors in financially troubled companies, and corporate debtors, creditors' committees, bondholders' committees, equity holders' committees and trustees.
Mr. Scheler also represents and provides corporate finance and strategic planning advice to corporate, institutional and governmental clients. His experience on some of the largest and most complex transactions — including leveraged buyouts, strategic mergers and capital markets transactions — has given him perspective and insight into realizing maximum value from and flexibility for businesses and assets.
Mr. Scheler also serves as a trustee of certain complex trusts and as an advisor to such trusts.
Mr. Scheler writes frequently about issues relating to restructuring, insolvency and complex transactions, and is a frequent speaker at seminars on such topics. He is a contributing author for Collier on Bankruptcy and has been a regular guest lecturer for a course on Investing in Distressed Securities taught by Professor Allan Brown at New York University’s Leonard N. Stern School of Business. He has also been a guest lecturer at numerous other law and business schools including the Maurice A. Dean School of Law at Hofstra University, Tobin College of Business at St. John’s University, the School of Law at St. John’s University and New York Law School.
During his five year term as Chair of the Board of Trustees of his undergraduate alma mater Lehigh University, in addition to his role and duties as Chair of the Board and the Executive Committee of the Board, Mr. Scheler served as an ex officio member of over 15 standing committees and subcommittees of the Board of Trustees (Committee on Nominations & Trusteeship, Academic Affairs Committee, Advancement Committee, Audit Committee, Campus Planning & Operations Committee, Finance Committee, Public Affairs Committee, Student Affairs Committee, Capital Structure Subcommittee, Compensation Subcommittee, Cultural Affairs Subcommittee, Global Affairs Subcommittee, Investment Subcommittee, Subcommittee on Diversity, and Subcommittee on Governance & Academic Appointments). During his tenure as Chair of the Board, Mr. Scheler also led Lehigh’s search for its 14th president, President John D. Simon, and served as an ex officio member on the Presidential Search Committee in conjunction with those efforts.
As Chair and previously as a member of the Board, Mr. Scheler has been an active participant and leader in the revision and development of Lehigh’s campus-wide strategic planning and implementation process. He was instrumental in Lehigh’s efforts to, among other things, (i) conclude a $500 million capital campaign and help raise an additional $225 million in new resources; (ii) expand Lehigh’s work in and with the City of South Bethlehem by establishing programs to improve public education, make the local community safer and more stable, revitalize the commercial district and increase student and faculty engagement; (iii) increase the size of Lehigh’s footprint by 47% to 2,300 acres with the addition of the Stabler Campus, by securing a donation to Lehigh in 2012 of 755 acres of some of the most valuable land in the Lehigh Valley from the Donald B. and Dorothy Stabler Foundation; (iv) grow Lehigh’s global profile by significantly increasing the percentage of international students on campus and ensuring that nearly 40% of Lehigh students have had an international experience in the community, (v) launch Lehigh’s Mountaintop Campus initiative, a cutting-edge program that provides students with the opportunity to engage in hands-on research and independent long-form projects, (vi) open the Lehigh-Nasdaq Western Regional Office in California, (vii) renovate the historic Williams Hall and (viii) expand Lehigh’s diversity and inclusion programming and initiatives.
Mr. Scheler also chaired the Linderman Library Advisory Committee, which was tasked with overseeing plans for and raising funds for the historic building’s award winning renovation and restoration. He served as past chair and is now an honorary member of the Dean’s Advisory Council for Lehigh’s College of Business and Economics. Mr. Scheler has also actively participated in a number of other Lehigh related endeavors, including the Lehigh University Leadership Council; service as a founding member of the Lehigh University Wall Street Council; and in connection with the planning for and launch of the Lehigh University Lawyers Association (he is a recipient of the LULA Award for Lawyering Excellence and Consummate Professionalism). As part of Lehigh University’s Career Advisor Network, for many years Mr. Scheler has hosted externship programs for Lehigh undergraduates interested in the practice of law.
Mr. Scheler and his wife Amy are long-time members of the Lehigh University Asa Packer Society and the Tower Society. Their generous contributions to Lehigh University include supporting numerous scholarships and establishing and further strengthening the Amy R. Frolick and Brad Eric Scheler Endowed Scholarship Fund. They have also supported global initiatives, the President’s Fund, athletics, Africana Studies, the Linderman Library renovation, the College of Business and Economics, and Lehigh’s Annual Fund.
For more than a decade, Mr. Scheler served as chair (now chair emeritus) of the Dean’s Advisory Board for his law school alma mater the Maurice A. Deane School of Law at Hofstra University. Honored and championed by Hofstra Law, he has delivered the Benjamin Weintraub Distinguished Professorship Lecture, served as the Keynote Speaker for the Hofstra Law Review, and served as the Keynote Speaker welcoming the law school’s incoming class.
Mr. Scheler’s interest in and dedication to education is not limited to his efforts on behalf of his alma maters, but is also evident in the countless number of students and graduates that have turned to him for advice and guidance regarding their academic and career issues and concerns. Mr. Scheler hosts externships and events for groups of students who are interested in learning about the practice of law, such as the Columbia University Leadership in Law Program, and his door is always open to provide counsel to students and graduates individually as well. These endeavors earn Mr. Scheler the honored distinction of being a role model for and mentor to countless young people.
Mr. Scheler is regularly involved with charitable endeavors and fundraising activities including service as a member of several charitable and not for profit boards. He serves as a member of the Board (and is a member of the Executive Committee of the Board) of The Honorable Tina Brozman Foundation for Ovarian Cancer Research (a/k/a Tina’s Wish). For more than eight years, Mr. Scheler served in leadership positions for Her Justice (formerly known as inMotion), including as Chair of the Board of Directors. As Chair Emeritus, Mr. Scheler now serves on the Senior Leadership Council. He is also a long-standing member of the Leadership Committee for the Bankruptcy and Reorganization Group of UJA Federation. Mr. Scheler has also served as a member of the Boards of Volunteer Lawyers for the Arts, American Friends of Sheba Medical Center at Tel Hashomer, the Village of Larchmont Library and the Capital Campaign Committee of Larchmont Manor Park. Mr. Scheler is actively involved with Larchmont Temple where, among other endeavors, he served as member of their Search Committee. He also served on the Board of Directors of his former temple, Beth Emeth Synagogue.
Mr. Scheler is a Fellow of the American Bar Foundation and a Fellow of the American College of Bankruptcy. He is also a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. Mr. Scheler is admitted to practice in New York State and the United States District Court for the Southern and Eastern Districts of New York and has appeared in courtrooms throughout the United States.
Mr. Scheler received his JD from The Maurice A. Deane School of Law at Hofstra University, where he was Research Editor of the Hofstra Law Review. He received his BA from Lehigh University, with high honors. Mr. Scheler is a recipient of a Doctor of Laws Honoris Causa degree conferred by Monmouth University and served as commencement speaker for Monmouth’s Class of 2015.
Bar Admissions/Licensed Jurisdictions
New York; United States District Court for the Southern and Eastern Districts of New York