Bruce Racine

Associate New York
Bruce Racine
Bruce Racine is an associate in the Restructuring Department of Weil’s New York office.

Bruce received his J.D., cum laude, from Fordham University School of Law, where he served as a staff member on the Fordham Urban Law Journal. Prior to joining Weil, Bruce served as a judicial law clerk to the Honorable Mary F. Walrath of the United States Bankruptcy Court for the District of Delaware. Bruce received his B.A., magna cum laude, from Colgate University, where he was a member of Colgate’s NCAA ice hockey team.

Bruce has been a member of teams representing various parties in a number of in-court and out-of-court restructurings, including:

Debtor/Company-Side Experience:

  • Terraform Labs Pte. Ltd., a Singapore-based software developer in its chapter 11 cases, involving billions of dollars in claims asserted by the S.E.C. in ongoing litigation. Terraform Labs is a software development company that develops and supports (i) software used to create and run the Terra blockchain network, a unique decentralized digital ledger of peer-to-peer transactions involving digital assets, and (ii) an entire suite of tools, protocols, and applications that operate on the Terra blockchain.
  • The Greenrose Holding Company in connection with its out-of-court restructuring.
  • Talen Energy Supply, LLC, a power generation and infrastructure company in North America, in its chapter 11 cases with approximately $5 billion in funded debt obligations.

Creditor and Distressed Situation Experience:

  • Johnson & Johnson as a creditor in the mass tort chapter 11 cases of Imerys Talc America, Inc., which filed for chapter 11 as a result of thousands of personal injury lawsuits.
  • EP Energy E&P Company, LLC, f/k/a EP Energy E&P Company, L.P., as a creditor in the chapter 11 cases of MLCJR LLC, an independently owned oil and gas exploration and production company operating in the Gulf of Mexico..
  • Marathon Digital Holdings, a large, publicly-traded bitcoin mining company, as the largest unsecured creditor, customer and preferred equity investor in the chapter 11 cases of Compute North, LLC, a provider of bitcoin mining hosting services.
  • The largest secured lender to Parallel in connection with its ongoing restructuring efforts.