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Tom Scherer concentrates his practice in bankruptcy, restructuring and creditors’ rights and has been recognized in The Best Lawyers in America for Bankruptcy Law since 1995. He has extensive experience representing secured creditors, creditors committees and debtors in cases under Chapter 11 of the Bankruptcy Code. He also devotes significant time to commercial litigation, workouts and asset sales relating to financially distressed businesses.  He is a veteran speaker, having given numerous presentations on bankruptcy, reorganization and commercial lending.

Career Highlights


  • Selected for inclusion in Indiana Super Lawyers® in the field of Bankruptcy & Creditor/Debtor Rights, 2004-2019
  • The Best Lawyers in America® Indianapolis Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law "Lawyer of the Year," 2019
  • Selected for inclusion in The Best Lawyers in America®, 1995-2020, in the fields of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law; Litigation - Bankruptcy
  • Voted by peers among Top 50 lawyers in Indiana Super Lawyers®, 2013


Professional Affiliations

  • American Bankruptcy Institute
  • American Bar Association, Section of Business Law
  • Indiana State Bar Association, Section of Creditors’ Rights and Bankruptcy Law
  • Indianapolis Bar Association, Section of Commercial and Bankruptcy Law (Chair, 1990)

Community Involvement

Professional Leadership

  • Indiana Association for Corporate Renewal





  • Indiana Bankers Association Annual Conference, Seminar Panelist, "Recent Developments in Lending Law," 1995-2004
  • Indiana Continuing Legal Education Forum, Chairman or Seminar Panelist, Bankruptcy and Reorganization Seminars, including the Annual Bankruptcy Institute, 1987-2009
  • Indianapolis Bar Association Bankruptcy and Commercial Law Seminars, 1984-2009

Other Media


The Ohio State University, B.A., History, cum laude, 1973
Indiana University Maurer School of Law, J.D., magna cum laude, 1977

  • Indiana, 1978
    U.S. Court of Appeals for the Seventh Circuit, 1983
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