Thursday, November 5
8:30 a.m.
Registration Desk Open and Continental Breakfast
9:30-9:45 a.m.
Welcome
Panels will address key stages of the restructuring process in order to highlight how a company can lose control of its own reorganization. We will consider such questions as the appropriate level of advocacy, the ethics of giving particular advice that favors the advising professional, and other common reorganization dilemmas.
9:45 a.m.-12:00 noon
Session 1
Credit: You Can’t Live Without It, but You Can’t Live With It, Either (1 hour)
David E. Fraimow, Moderator
LBC Credit Partners, Inc.; Philadelphia
Bernard A. Katz
CohnReznick LLP; Edison, N.J.
David S. Miller
Macquarie Capital (USA) Inc.; New York
Geoffrey A. Richards
Canaccord Genuity Inc.; New York
Janet M. Weiss
Gibson, Dunn & Crutcher LLP; New York
Break: 10 minutes
Session 2
The Leverage Wars: Et Tu, Supreme Court? (1 hour)
Lorie Beers, Moderator
Cowen and Company; New York
Derek C. Abbott
Morris, Nichols, Arsht & Tunnell LLP; Wilmington, Del.
Michael S. Goodman
SSG Capital Advisors, LLC; Conshohocken, Pa.
Paul Halpern
Versa Capital Management, LLC; Philadelphia
Brian Hermann
Paul, Weiss, Rifkind, Wharton & Garrison LLP; New York
12:00-1:00 p.m.
Lunch
1:00 p.m.-3:15 p.m.
Session 3
Creditors’ Committees: What Are They Good For? (1 hour)
Eric J. Fromme, Moderator
Jeffer Mangels Butler & Mitchell LLP; Irvine, Calif.
Randall L. Klein
Goldberg Kohn; Chicago
Robyn F. Pollack
Saul Ewing LLP; Philadelphia
Wayne P. Weitz
EisnerAmper LLP; New York, NY
Break: 10 minutes
Session 4
The Post-Confirmation Hunt for Value: Is Anyone Safe? (1 hour)
Eric J. Fromme, Moderator
Jeffer Mangels Butler & Mitchell LLP; Irvine, Calif.
Holly Felder Etlin
AlixPartners, LLP; New York
Mark Fink
Montgomery, McCracken, Walker & Rhoads, LLP; Wilmington, Del
Margaret M. Manning
Gavin/Solmonese LLC; Wilmington, Del.
Lawrence R. Perkins
SierraConstellation Partners LLC; Los Angeles
3:15-3:30 p.m.
Refreshment Break
3:30-5:30 p.m.
Session 5
Conflicts, Disqualification and Withdrawal, Oh My! (Ethics) (1 hour)
Kathryn A. Coleman, Moderator
Hughes Hubbard & Reed LLP; New York
Deirdre A. McGuinness
KCC; New York
Michael B. Schaedle
Blank Rome LLP; Philadelphia
Kelly Beaudin Stapleton
Alvarez & Marsal; New York
Christopher K. Wu
Carl Marks Advisory Group LLC; New York
Break: 10 minutes
Session 6
Are Plans of Reorganization Now Completely Irrelevant? (1 hour)
Kathryn A. Coleman, Moderator
Hughes Hubbard & Reed LLP; New York
Evan Blum
GlassRatner Advisory & Capital Group LLC
William H. Henrich
Getzler Henrich & Associates LLC; New York
Richard E. Mikels
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.; Boston
Nancy A. Peterman
Greenberg Traurig, LLP; Chicago
5:30-5:45 p.m.
Summary and Concluding Remarks
6:00-9:00 p.m.
Joint Reception and Dinner with 2015 Corporate Restructuring Competition Sponsors, Judges and Students
Sheraton University City Hotel
Benjamin Franklin Ballroom
3549 Chestnut Street
Philadelphia, PA 19104
6:00-7:00 p.m.
Cocktail Reception
7:00-9:00 p.m.
Dinner
This event is one of the premier gatherings of area restructuring and legal professionals, and will be attended by many local bankruptcy judges. Join your fellow students for an enjoyable evening of dining and networking with future colleagues. Hon. Marjorie Rendell, a federal judge on the U.S. Court of Appeals for the Third Circuit, will present keynote remarks.
Single Tickets & Sponsorships Available. Please contact Sharisa Sloan for additional details at [email protected] or 703-739-0800.
2015 Complex Financial Restructuring Program Co-Chairs
Lorie R. Beers
Cowen and Company; New York
Kathryn A. Coleman
Hughes Hubbard & Reed LLP; New York
David E. Fraimow
LBC Credit Partners, Inc.; Philadelphia
Eric J. Fromme
Jeffer Mangels Butler & Mitchell LLP; Irvine, Calif.
2015 Complex Financial Restructuring Program Faculty
Derek C. Abbott
Morris, Nichols, Arsht & Tunnell LLP; Wilmington, Del.
Evan Blum
GlassRatner Advisory & Capital Group LLC
Holly Felder Etlin
AlixPartners, LLP; New York
Mark Fink
Montgomery, McCracken, Walker & Rhoads, LLP; Wilmington, Del
Michael S. Goodman
SSG Capital Advisors, LLC; Conshohocken, Pa.
Paul Halpern
Versa Capital Management, LLC; Philadelphia
William H. Henrich
Getzler Henrich & Associates LLC; New York
Brian S. Hermann
Paul, Weiss, Rifkind, Wharton & Garrison LLP; New York
Bernard A. Katz
CohnReznick LLP; Edison, N.J.
Randall L. Klein
Goldberg Kohn; Chicago
Margaret M. Manning
Gavin/Solmonese LLC; Wilmington, Del.
Deirdre A. McGuinness
KCC; New York
Richard E. Mikels
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.; Boston
David S. Miller
Macquarie Capital (USA) Inc.; New York
Lawrence R. Perkins
SierraConstellation Partners LLC; Los Angeles
Nancy A. Peterman
Greenberg Traurig, LLP; Chicago
Robyn F. Pollack
Saul Ewing LLP; Philadelphia
Geoffrey A. Richards
Canaccord Genuity Inc.; New York
Michael B. Schaedle
Blank Rome LLP; Philadelphia
Kelly Beaudin Stapleton
Alvarez & Marsal; New York
Janet M. Weiss
Gibson, Dunn & Crutcher LLP; New York
Wayne P. Weitz
EisnerAmper LLP; New York, NY
Christopher K. Wu
Carl Marks Advisory Group LLC; New York
Conference Information
Hotel
Enjoy a relaxing stay, a convenient location and comforting amenities at the newly renovated Sheraton Philadelphia University City Hotel. Located at 3549 Chestnut Street, Philadelphia, PA 19104-3361, on the campus of the University of Pennsylvania, the hotel is the site of the combined CFRP/CRC reception and dinner, and just steps away from The Wharton School and Amtrak’s 30th Street Station. ABI has arranged a special conference rate of $185 per night single/double. Reservations must be made directly with the hotel by Friday October 16, 2015. To secure the reduced rate, reservations may be made only once you have registered with ABI. Upon payment of the conference registration fees, you will receive your hotel reservation information with your conference confirmation. Rooms are held on a first-come, first-served basis. ABI cannot guarantee anyone a room once the specially rated ABI block has been filled.
Travel
Air: Fly into Philadelphia International Airport (PHL).
Ground: The hotel is approximately 7 miles from Philadelphia International Airport. Taxis are available 24 hours a day, and the fare is generally $32 with a travel time of about 20 minutes to the Sheraton. Lady Liberty Shuttle is also available from the airport for a $10 fee; travel time is approximately 30-45 minutes. Call (215) 724-8888 for reservations.
Rail: The Philadelphia Rail Station is less than half a mile from the Sheraton, and taxi fare from the station is generally $5.
Conference Attire
Business attire is requested throughout the conference.
Cancellation Policy
All fees, except a $75 handling fee, will be refunded if notice of cancellation is received in writing by October 15, 2015. No refunds will be made if notice is received after October 15, although substitutions will be allowed. After October 15, upon written request, a coupon for 20% off the registration fee (not including optional events) will be issued, which can be used (by the cancelling registrant only) for any ABI educational program up to one year after this conference, or for this same conference next year.
Continuing Education Credit
6.5 hours of general CLE credit are pending in states calculating CLE on a 60-minute hour, and 7.5 hours of general CLE credit are pending in 50-minute-hour states. Credit hours granted are subject to approval from each state. California MCLE: ABI certifies that this activity has been approved for MCLE credit in the amount of 6.5 hours of general CLE. NY MCLE: This transitional and non-transitional program has been approved in accordance with the requirements of the CLE Board for a maximum of 7.5 credit hours, of which 1.5 hours can be applied toward professional practice. 7.5 hours of CPE credit are also available.
*ABI offers intermediate-level courses, which assume that attendees will have at least some detailed knowledge of insolvency matters (pursuant to the “Statement in Standards for CPE Programs” established by AICPA and NASBA). ABI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Ave. North, Suite 700, Nashville, TN 37219-2417, or www.nasba.org. For more information regarding administrative policies such as complaint and refund, please contact the American Bankruptcy Institute at (703) 739-0800.
ABI acknowledges that in some instances there will be persons who need to attend an educational seminar for CLE credit who are not able to pay full registration fees. ABI will handle such instances on a case-by-case basis and will work with the individual on alternative solutions. For persons who cannot meet the full registration rate, ABI will offer a reduced rate based on what the individual can reasonably afford to cover the cost of meals and materials. For persons unable to pay a reduced rate, we may allow the individual to work at our registration area for a few hours during attendee check-in, or assist in conference set-up. ABI also has reduced rates for government employees, professors, law clerks and students. For information on tuition assistance, send an e-mail to [email protected].
Conference Rates
Registration Rates | Early (postmarked by 8/28/15) |
Regular (8/29/15-10/16/15) |
Late (after 10/16/15) |
|
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ABI/TMA Member
|
$545
|
$595
|
$645
|
ABI Govt./Nonprofit ABI Member
|
$345
|
$395
|
$445
|
New ABI Member*
|
$820
|
$870
|
$920
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Govt./Nonprofit ABI New Member*
|
$440
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$490
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$540
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ABI Member Exhibitor Registration** | $1,600 |
New ABI Member Exhibitor Registration*** | $1,895 |
Additional Booth Representative | $300 |
* Includes a one-year ABI membership for first-time members — a $295 value! You must be an ABI member to attend. Membership is individual and nonrefundable. If your membership has expired, select the member rate and add in your membership renewal fee.
** Includes one 6’ table and full registration for one booth representative.
*** Includes one 6’table and full registration for one booth representative AND a one-year ABI membership.
CFRP Optional Event
Single Ticket to CRC Dinner - $150
(Available to registered CFRP attendees and exhibitors only)
Table Sponsor for CRC Dinner | $1,000 (Includes 4 tickets to the CRC Dinner) |
$2,000 (Includes 8 tickets to the CRC Dinner) |
The following exclusive sponsorships are currently available:
Cocktail Reception |
$4,000 |
Dinner wine |
$4,000 |
* Additional benefits apply.
ABI DEFINES A "GUEST" AS A SPOUSE, CHILD OR COMPANION — NOT A PROFESSIONAL COLLEAGUE. A professional colleague is defined as someone who consults with or is employed by an organization eligible for ABI membership. If a professional colleague is found to be registered as a guest, ABI reserves the right to cancel his or her event registration. Any person not meeting the criteria of “guest” who wishes to participate in any ABI function at the conference is required to register separately at the full conference rate.
Case Study Narrative (Vandelay)
Case Study Exhibits - Exhibit A - 2011 Credit Facility Summary
Case Study Exhibits - Exhibit B - Express Shippers memo
Case Study Exhibits - Exhibits C through F
Case Study Exhibits - Exhibit G - Valuation Documents
Case Study Exhibits - Exhibit H - Cash collateral and adequate protection
Case Study Exhibits - Exhibit H - Leases and Executory Contracts
Case Study Exhibits - Exhibit H - Plan Classification
Case Study Exhibits - Exhibit H - Subordination Agreements