Ms. Loscalzo is managing partner of the Firm and a member of the Firm’s Executive Committee. She is the co-chair of Schnader’s E-Commerce and Technology Practice Group. She is a member and former chair of the Financial Services Litigation Practice Group and is a member of the Higher Education Practice Group and Communications and Media Group.
Ms. Loscalzo has more than 30 years of experience in large and complex litigations, including merger and acquisition litigation; financial services litigation; securities litigation, including the defense of multidistrict cases; and antitrust litigation, including prosecution of Robinson-Patman and Sherman Act claims. In addition, she advises Higher Education clients on Speech Codes and the First Amendment as applied to student and faculty speech, and on Sports Wagering issues.
She serves as the Chairman of The Forum Foundation, and previously served for six years on the Board of Directors of The Forum of Executive Women, for which she chaired the Sponsorship Committee and the Membership Committee. She served three years on the American Heart Association Go Red for Women Executive Leadership Team. Additionally, Ms. Loscalzo is a member of the Board of Philadelphia’s only all-comedy theatre, 1812 Productions. She recently completed service as a Board Member of Philadelphia VIP, which provides legal services to the indigent, and was a member of the Board of Trustees of the Walnut Street Theatre for more than a decade.
News & Publications
- Schnader Attorneys Named to Pennsylvania Super Lawyers
- Terry Loscalzo, Keith Whitson, and Rich Barkasy will join Schnader’s Chairman Ken Puhala and its Executive Committee
- Update on Key Developments in Name, Image, & Likeness (NIL) Legislative Efforts
- Benchmark Litigation Recommends Schnader
- Schnader Attorneys Named to The Best Lawyers in America
- Pennsylvania Super Lawyers Named
- Legal Framework for NIL One Year After NCAA v. Alston – Next Steps for Universities
- Name, Image & Likeness (NIL): Three Key Legal Issues Facing Businesses in College Athlete Endorsement Deals to Date
- Benchmark Litigation Recommends Schnader
- Navigating the New NIL Landscape: A Checklist for Athletes Looking to Profit
- A Checklist for University Policies Addressing Student-Athlete Name, Image and Likeness (NIL) Issues
- Schnader Attorneys Named to The Best Lawyers in America
- It’s a New Game: Pennsylvania Statute Adopted on College Athlete Compensation for Name, Image and Likeness
- Supreme Court Protects First Amendment Rights for Students’ Off-Campus Speech
- Schnader Attorneys Named to Pennsylvania Super Lawyers List
- Theresa Loscalzo Re-elected to Schnader’s Executive Committee
- Benchmark Litigation Recommends Schnader
- Schnader Attorneys Named to The Best Lawyers in America
- Theresa Loscalzo Elected to the Board of Directors of The Forum of Executive Women
- Third Circuit Expands First Amendment Speech Protection for Students’ Off-Campus Speech
- PA Super Lawyers Named
- U.S. Supreme Court Holds Discovery Rule Not Applicable to Fair Debt Collection Practices Act Cases
- Schnader Wins First Amendment Appeal in the Third Circuit
- Schnader Attorneys Named to The Best Lawyers in America 2020
- Does sports betting put student athletes at risk?
- Sports Betting and the Impact on Colleges and Universities
- Schnader Lawyers Named to PA Super Lawyers and Rising Stars
- Benchmark Litigation Recommends Schnader
- Theresa E. Loscalzo Receives Philadelphia Business Journal’s 2018 Woman of Distinction Award
- Schnader Attorneys Named to The Best Lawyers in America 2019
- Many Schnader Lawyers Named to PA Super Lawyers
- Theresa Loscalzo Presents “Success Begets Success: The Importance of Women Supporting Women”
- Theresa Loscalzo Elected to Schnader’s Executive Committee
- Schnader Attorneys Named to Super Lawyers 2017
- Theresa Loscalzo Named Finalist in Center of Influence Awards
- The Supreme Court Forecloses Some, but not all, Strategies to Moot a Named Plaintiff’s Putative Class Action
- The Third Circuit Gives the Green Light to RICO Plaintiffs Seeking to Recover Payments for Prescription Drugs
- Schnader Litigation Practices and Attorneys Recognized in the 2016 Benchmark Litigation Guide
- Loscalzo Quoted in “Venerable Phila. Health Insurer Cigna acquired by Anthem”
- Theresa E. Loscalzo Received 2015 Most Powerful & Influential Woman Award
- Schnader Litigation Practices and Attorneys Recognized in the 2015 Benchmark Litigation Guide
- Theresa Loscalzo Named to the 2014-2015 Board of The Forum of Executive Women
- Seventh Circuit Addresses When Offer of Settlement Can Moot Class Representative’s Interest; Holds That Dunning Letter Offering to “Settle” an Unenforceable Debt Violates FDCPA
- Schnader Ranked as “Highly Recommended” in the 2014 Benchmark Litigation Guide
- The Enhanced Scrutiny of Class Definitions Under the Ascertainability Requirement: An Additional Hurdle for Plaintiffs or an Increased Burden for Defendants?
- The Enhanced Scrutiny of Class Definitions Under the Ascertainability Requirement: An Additional Hurdle for Plaintiffs or an Increased Burden for Defendants?
- FIRREA Claims Against Financial Institutions Revived
- Data Breach – Your Organization Needs a Plan
- FFIEC Proposes Guidance for Use of Social Media by Banks
- “Navigating the Procedural Hurdles in Pennsylvania Merger Litigation”
- Another Court Holds Daubert Analysis Required When Critical to Class Certification
- Schnader Harrison Segal & Lewis LLP on Shortlist for Northeast Appellate Firm of the Year and Pennsylvania Firm of the Year
- Schnader Ranked as “Highly Recommended” in the 2013 Benchmark Litigation and Appellate Guides
- Schnader Appellate Team Secures Dismissal of Misguided False Claims Lawsuit Against Covanta
- Do Not Let the Third Circuit’s Recent Decision in Liggon-Redding v. Estate of Robert Sugarman Scare You: An Alternative Method to Dispose of Meritless Legal Malpractice Actions Remains
- Schnader Obtains a Dismissal in a Matter for Covanta Holding Corp.
- Supreme Court Clarifies That Loss Causation Is Not Required to Obtain Class Certification
- Recent Second Circuit Opinion Invalidates Class Action Waiver Provision in a Commercial Contract
- Interlocutory Appeals of Denials of Motions to Dismiss in the Wake of Twombly: A New Option for the Defense?
- Third Circuit: A Class Action Waiver Presents an Issue of Arbitrability to be Decided by the Court, Not by an Arbitrator
- American Needle, Inc. v. National Football League – Is Every League or Association a “Walking Conspiracy” for Purposes of Antitrust Analysis?
- Schnader’s Loscalzo and Smith Quoted in Philadelphia Business Journal Article on Legal Trends
- Schnader Attorneys Join the ACLU in Successfully Obtaining Protection of Students’ Privacy in Lower Merion School District Laptop Lawsuit
- The Third Circuit Clarifies the Robinson-Patman Act’s “Competing Purchaser” Requirement
- Third Circuit Requires Plaintiffs to Prove Causal Link and Breach of Duty in Deepening Insolvency Cases, part 1
- Proposed Consumer Financial Protection Agency Would Lead to Seachange in Regulatory System for Financial Services
- Many Schnader Attorneys Honored as 2009 Pennsylvania Super Lawyers
- More Bad News for Mandatory Arbitration Clauses in Credit Cardholder Agreements: The U.S. Supreme Court Limits the Ability to Enforce Arbitration Agreements in Federal Court
- Delaware Court Holds That Corporate Officers Have the Same Fiduciary Duties as Corporate Directors Under Delaware Law
- Third Circuit Chimes in on Controversy Surrounding Enforcement of Mandatory Arbitration Clauses and Class Action Waivers, Holding that Certain Class Action Waivers May Be Unconscionable Under New Jersey Law
- A Less Expensive Alternative to Bankruptcy: State-Court Receiverships
- Third Circuit Clarifies Requirements for Class Certification
- Eighth Circuit Thwarts Hedge Funds from Using “Shakedown” Tactics in Declaring Default
- Update: New Red Flag Rules Require Financial Institutions to Detect and Prevent Identity Theft
- Schnader Employs a Unique Procedural Tactic to Achieve a Significant Victory Before the U.S. Supreme Court
- Second Circuit Casts Doubt on the Continued Viability of Mandatory Arbitration Clauses and Class Action Waivers in Consumer Credit Card Contracts
- Many Schnader Attorneys are 2007 Super Lawyers, 2008 Best Lawyers
- Twenty-Six Schnader Attorneys Named 2007 Pennsylvania Super Lawyers
- Thirty-Four Schnader Attorneys Are 2006 Super Lawyers
- Thirty-Two Schnader Attorneys Honored as ‘Pennsylvania Super Lawyers’
- Schnader Attorneys Feted as Super Lawyers
- “A Safety Net for the Internet”
Community & Pro Bono
- The Forum Foundation, Chairman (2018-2020); Board of Directors (2016-2021)
- The Forum of Executive Women, Board of Directors (2014-2018; 2020-present); Chair of Membership Committee (2014-2016); Chair of Sponsorship Committee (2016-2018); Chair of Program Committee (2020-present)
- Philadelphia VIP, Board of Directors (2014-2016)
- 1812 Productions, Philadelphia’s All Comedy Theatre Company, Board of Directors (2015-present)
- Walnut Street Theatre, Trustee (1998-2013), Executive Committee (1999-2013), Chair of Annual Holiday Auction (2001, 2002); Alumni Trustee (since 2013)
- Domestic Abuse Project of Media, Volunteer (2006-2010)
- American Heart Association Go Red for Women Executive Leadership Team (2016-2019)
Education
- Widener University School of Law, J.D., summa cum laude, 1987
- West Chester University, B.S., 1979
Bar Admissions
- Pennsylvania, 1988
Court Admissions
- U.S. District Court for the Eastern and Middle Districts of Pennsylvania
- Supreme Court of Pennsylvania
- U.S. Supreme Court
- U.S. Tax Court
- U.S. Court of Appeals for the Third Circuit
Professional Affiliations
- The Forum of Executive Women
Other Distinctions
- Listed in The Best Lawyers in America for Litigation – Mergers and Acquisitions, 2019-2021; and Commercial Litigation, 2021-2023
- Recipient of “Women of Distinction Award” from the Philadelphia Business Journal, 2018
- Recipient, Pennsylvania Diversity Council’s 2015 Most Powerful and Influential Woman Award
- Recognized as a “Future Star” for Pennsylvania in Benchmark Litigation, 2013-2021
- Rated AV® Preeminent by Martindale-Hubbell®
- Named among “Pennsylvania Super Lawyers” for business litigation, 2005-2007, 2009-2010, 2018-2022*
- Finalist, SmartCEO Center of Influence Award, 2016
*No aspect of this advertisement has been approved by the Supreme Court of New Jersey. Further information on methodologies is available via these links.
Representative Matters
Financial Services Litigation
- Counsel for insurer in multiple Covid-19 related business interruption actions filed in Eastern and Middle Districts of Pennsylvania, and Luzerne and Philadelphia counties Court of Common Pleas.
- Counsel for insurer in declaratory judgment coverage dispute filed in Eastern District of Pennsylvania.
- Counsel for private mortgage insurer in an action filed in the Eastern District of Pennsylvania by a servicer alleging breach of contract.
- Counsel for private mortgage insurer in a number of putative class actions filed across the country against mortgage lenders and private mortgage insurers alleging that private mortgage insurers entered into “captive” reinsurance agreements with mortgage lenders that violated RESPA.
- Counsel for broker employee in Harmelin v. Man Financial Inc. et al., a case filed in the Eastern District of Pennsylvania alleging financial fraud in connection with a hedge fund.
- Counsel for affiliate of major mortgage lender in class action in Bankruptcy Court for Eastern District of Pennsylvania asserting lender and affiliates committed consumer and bankruptcy fraud by assessing post-bankruptcy fees against consumers.
- Counsel for underwriter of private mortgage insurance in class action litigation pending in federal court in North Carolina, Texas, and elsewhere involving claims that the structure of the industry violates the federal Real Estate Settlement Procedures Act.
- Counsel for underwriter of private mortgage insurance in class action litigation brought in federal court in the Eastern District of Pennsylvania involving claims that insurers’ supposed use of consumer credit reports violated the Fair Credit Reporting Act. Result: Claims dismissed by District Court; District Court reversed by 3rd Circuit Court of Appeals; 3rd Circuit decision vacated by U.S. Supreme Court.
Business Governance and Shareholder Disputes
- Pennsylvania Counsel to Toby Rice and the Rice Team in connection with the successful proxy contest and related litigation against EQT Corporation.
- Counsel to IBM and its subsidiary Jasmine Acquisition Corp. in Trading Strategies Fund v. Karsan, et al, No. 2012-11460 (Chester C.C.P, Pa.), a putative class action seeking to enjoin a $1.3 billion merger between IBM and Kenexa Corporation (“Kenexa”) and demanding monetary damages from Kenexa, its board of directors and IBM claiming that the purchase price of $46 per share in cash, a 42% premium over the pre-announcement trading price of Kenexa’s shares, as well as the process leading up to the merger agreement, were inadequate.
- Counsel to Energy Transfer Partners, L.P., Energy Transfer Partners, G.P., L.P., Energy Transfer Equity, L.P. and SAM Acquisition Corporation (“Energy Partners”) in eight derivative and putative class action lawsuits filed in the Philadelphia Court of Common Pleas, Commerce Division, and consolidated under the caption In re Sunoco, Inc., Phila. Ct. Com. Pl., April Term, 2012, No. 03894. These complaints sought to enjoin the acquisition by Energy Partners of Sunoco, claiming that the process leading up to the merger agreement was inadequate and that the 20% premium being paid to Sunoco’s shareholders was insufficient.
- Counsel for acquiring entities (Regency Energy Partners LP and related entities) in successful defense of Pennsylvania state and federal court litigation challenging the acquisition of PVR Partners, LP.
- Pennsylvania counsel for acquired company Jones Group in New York state court derivative litigation.
- Counsel for defendants in Rubery v. Radian Group, Inc. in Pennsylvania and federal court litigation challenging the proposed merger of Radian and MGIC.
Antitrust
- Representation of several of the nation’s largest chain drug stores in multiple suits alleging antitrust claims under the Robinson-Patman and Sherman Acts.
- Antitrust counseling on a broad spectrum of competition and business matters.
E-Commerce and High Technology
- Counseled various clients on use of social media in connection with consumer retail contests.
- Represented domain name registrar Network Solutions, Inc., the dot-com people TM, in litigation concerning pre-registration practices.
- Represented a major Internet service provider in contract dispute over a link agreement.
- Advised an Internet service provider (ISP) regarding liability for acts of its customers.
Communications and Media
- On behalf of a high school student subjected to school discipline for off-campus speech in violation of her First Amendment rights, obtained a favorable decision enjoining the disciplinary action in both the District Court for the Middle District of Pennsylvania and the U.S. Court of Appeals for the Third Circuit. On further appeal, served as co-counsel with the American Civil Liberties Union Foundation, the American Civil Liberties Union of Pennsylvania and Seth F. Kreimer, as the U.S. Supreme Court affirmed the Third Circuit decision in one of the most significant student free speech cases in 50 years. Mahanoy Area School District v. B.L.
- Counsel in Northeastern Pennsylvania Freethought Society v. County of Lackawanna Transit System representing the Freethought Society in the federal district court of the Middle District of Pennsylvania and the appeal to the Third Circuit Court of Appeals asserting the Transit System’s refusal to allow Freethought Society’s advertising on Transit System’s buses violated the First Amendment.
- Amici brief on behalf of the ACLU in Robbins v. Lower Merion School District, filed in federal court in the Eastern District of Pennsylvania, in suit against school official for allegedly using school-issued laptops with webcams to record students without their knowledge.
- Counseled various higher education clients in connection with First Amendment issues arising from use of social media.
Related Events
- Endorsements and NIL: Challenges Now Facing Universities, Athletes, and Businesses
- WEBINAR: What Every College Athlete Needs To Know About Earning Income From NIL And Endorsements
- WEBINAR: How Universities Can Prepare for Student-Athlete NIL Issues
- Theresa Loscalzo Presented at 2016 Philadelphia Women in Leadership Symposium
- University Speech: Not Always “Free”
- Schnader Hosted University Speech: Not Always “Free”
- Schnader Attorneys Presented at DELVACCA’s Ethics and Compliance CLE Institute
- Schnader Presents: Who’s Calling and Why and Who Wants to Know? Legal Issues Concerning Company Monitoring of Phone Calls and E-mails
- Schnader’s Schaerf, Loscalzo and Reimann Discuss What Every In-House Lawyer Should Know About Antitrust When Dealing With Distribution Issues
- Internet Use and Discovery of Electronic Records: How They Can Hurt You In Litigation
- Privacy and Other Internet, Workplace Related Issues
- Electronic Commerce
