Lawyers & Professionals

Firm Overview

Instead of trying to be everything to everybody, we’ve made a name for ourselves by delivering what our clients need most: in-depth, hands-on legal counsel throughout the financial services sector — and beyond.

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Firm News

There’s a lot going on at Schulte — we’re wrapping up high-profile matters, welcoming talented new lawyers, speaking on issues that affect our clients, and more.

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Pro Bono

Throughout our history, Schulte has provided comprehensive pro bono services to local and national nonprofit organizations. Today, we serve more than 50 nonprofits and work to advance a variety of social justice causes.

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Diversity and Inclusion

Inside the firm, we work hard to attract diverse, talented lawyers and encourage their career growth and advancement. And outside the office, we’re active in volunteer drives and local initiatives that support women and minorities’ professional success.

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Alumni

If you’re a current or former Schulte lawyer, join our Alumni Network on LinkedIn to stay connected with old friends, make new contacts, and share your successes, ideas and insights.

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Social Responsibility

We take doing “good work” seriously — whether we’re talking about our high ethical standards or the way in which we foster a positive and inclusive culture for our personnel and support local communities.

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Offices

  • New York

    • 919 Third Avenue
    • New York, NY 10022
    • United States of America
      • +1 212.756.2000 Phone
      • +1 212.593.5955 Fax
  • Washington, DC

    • 901 Fifteenth Street, NW, Suite 800
    • Washington, DC 20005
    • United States of America
      • +1 202.729.7470 Phone
      • +1 202.730.4520 Fax
  • London

    • One Eagle Place
    • London SW1Y 6AF
    • United Kingdom
      • +44 (0) 20 7081 8000 Phone
      • +44 (0) 20 7081 8010 Fax

Generally, a bankruptcy case concludes with a discharge order, which operates as an injunction against the commencement or continuation of an action by a creditor to recover on most prepetition debts under Section 524 of the Bankruptcy Code. On April 24, 2019, the U.S. Supreme Court heard oral argument in Taggart v. Lorenzen on whether a creditor’s good faith belief that a debtor’s discharge injunction does not apply to the creditor’s claim precludes a finding of civil contempt. In its briefing, the petitioner/debtor argued that a creditor who violated a discharge injunction was, per se, in contempt and liable for sanctions. The respondents/creditors argued that the court should consider whether an honest mistake had been made. The implications of this decision could have a far-reaching impact on how or whether creditors decide to pursue certain claims against debtors. In this article, special counsel James Bentley discusses the parties’ arguments and potential implications of the Supreme Court’s ruling.