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.

Get to know us

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.

Read all about it

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.

Learn more

Diversity, Equity 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 underrepresented groups.

See what we’re up to

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.

Stay in touch

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.

See how we work

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

In this article for Pratt’s Journal of Bankruptcy Law, Michael L. Cook examines recent decisions by the Fifth and Sixth Circuit Courts of Appeals that have made it clear that courts now have ample precedent to bar late claims and appeals.

“Sixty-seven creditors [who] failed to file timely [claims] [a]fter an approximately two-year-and-nine-month delay . . . [thus] failed to meet their burden of providing excusable neglect” on their motion to file late claims, the U.S. Court of Appeals for the Fifth Circuit recently held in In re CJ Holding Co. After reversing the district court, the Fifth Circuit “reinstated the judgment of the bankruptcy court,” stressing that it had not “abused its discretion by denying the Claimants’ motion for relief from the bar date.”

The U.S. Court of Appeals for the Sixth Circuit, in In re Smith, also affirmed the lower courts’ denial of the debtor’s motion in another case for an extension of time to appeal, agreeing that counsel’s “miscalculation of the deadline was insufficient to establish excusable neglect.”

“The sole issue in CJ Holding,” said the Fifth Circuit, was “whether the bankruptcy court abused its discretion by denying the Claimants’ motion for leave to file late” claims. Resolution turned on “whether the Claimants’ failure to file timely proofs of claim was the result of excusable neglect.”