Contact: John Hartgen            
             (703) 739-0800            
             [email protected]

ABI’S BANKRUPTCY BUSINESS ACQUISITIONS IS THE NEW AUTHORITY ON CHAPTER 11 ACQUISITIONS

MARCH 8, 2006, Alexandria, Va. — The American Bankruptcy Institute (ABI) will release the Second Edition of Bankruptcy Business Acquisitions this spring.Edited by Richard N. Tilton, the Second Edition brings you unmatched expertise from 55 top insolvency authorities who provide legal and business professionals the guidance and step-by-step approaches needed for every stage of bankruptcy sales. Written in jargon-free language, Bankruptcy Business Acquisitions is unequaled in its presentation of the critical legal and business issues involved with chapter 11 acquisitions. It identifies real-world problems encountered by all buyers and sellers and offers proven solutions and strategies supported by hundreds of citations to legal authority.

Here's a brief sample of the how-to tactics you'll find in this important work:

• How to use break-up and topping fees, reimbursement of due diligence and other bidding incentives to maximize the value of debtor's assets;
• Four ways to issue securities in bankruptcy acquisitions without incurring registration costs under the Securities Act;
• Advantages and disadvantages of using prepackaged plans to acquire or dispose of assets;
• Practice-tested procedures for giving notice of a proposed sale, conducting hearings and winning court approval of the contract of sale;
• How to handle labor and employment issues, plant closings, wage claims, benefits, collective bargaining obligations and more; and
• Techniques for purchasing substantially all of a debtor's assets without the expense of a chapter 11 reorganization.

Pre-ordering for the 1,000+ page manual ($245 for ABI members; $295 for non-members) is available through ABI’s online bookstore at www.abiworld.org/abistore.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 11,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.