Press Briefing: Bankruptcy Experts Answer Questions on General Motors Bankruptcy
With the announcement over the weekend that General Motors filed for chapter 11 protection, the American Bankruptcy Institute arranged for experts in automotive proceedings and business bankruptcy law for comment and analysis regarding General Motors’ filing.
Peter S. Kaufman has been managing director of Gordian Group, LLC in New York since 1990 and is president and head of Gordian's Restructuring and Distressed M&A practice. Kaufman has more than 25 years of experience in the business of solving complex financial challenges as an investment banker and attorney. Kaufman has been featured extensively in the media on automotive restructurings and large chapter 11 cases. He co-authored the leading book in the field, Distressed Investment Banking: To the Abyss and Back, published in 2005 by Beard Books LLC (available at www.abiworld.org/abistore).
Schuyler G. Carroll is a partner in the Bankruptcy and Financial Restructuring Group of Arent Fox LLP. His practice focuses on complex restructuring, transaction, litigation and advisory work, particularly representing creditors’ committees. He is the author of Force the Parties to the Table: Bailout vs. Bankruptcy for the Big Three Automakers.
Prof. Stephen J. Lubben is the Daniel J. Moore Professor of Law at Seton Hall University School of Law. Prof. Lubben specializes in corporate finance, particularly issues concerning corporate debt and financial distress. He has blogged on the auto bankruptcies on the Credit Slips blog.
Sheryl L. Toby serves as the co-chair of Dykema Gossett PLLC’s Bankruptcy and Corporate Restructuring Group in Detroit, where she is a bankruptcy and restructuring attorney with more than 20 years in the field, serving in the firm’s automobile industry practice area. A frequent national speaker and consultant, Ms. Toby serves on ABI’s Board of Directors and was co-chair of ABI’s Commercial Fraud Task Force Committee.