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ALBERT TOGUT ELECTED TO ABI’S BOARD OF DIRECTORS

April 11, 2008, Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Albert Togut of Togut, Segal & Segal LLP (New York) has been elected to ABI’s Board of Directors. An ABI member since 1985, Togut was a member of the practitioner advisory panel for the ABI Endowment Fund's landmark professional fee study. Hewill serve a term of three years on the 60-member ABI Board of Directors.

Togut is a senior partner with Togut, Segal & Segal LLP, where he has specialized exclusively in bankruptcy law for the last 31 years. His firm has served as conflicts or co-counsel in cases including Delphi, Enron and St. Vincent's Hospital, among others, and has served as primary counsel to Rockefeller Center Properties, SK Global, Olympia & York World Financial Center, Daewoo America Corp., Alpha Steel Co., OnSite Access and many others. His firm represented the creditors’ committee in UniCapital Corp., Jacom, Golden Books and other prominent cases. Since 1981, Togut has served as trustee in bankruptcy in thousands of cases under chapters 11 and 7 of the Bankruptcy Code, including Refco LLC, Kingston Square Associates, Axona International and several large manufacturing companies. He has written and lectured on many topics under the former Bankruptcy Act and current Bankruptcy Code, and is a Fellow of the American College of Bankruptcy.

The complete list of directors and officers is available at http://www.abiworld.org/Content/NavigationMenu/About_ABI/Board_of_Directors/Board_of_Directors.htm.

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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 11,700 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.