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Effects of the New Bankruptcy Law One Year After Its Implementation to be Examined at October Program

Contact: John Hartgen
             (703) 739-0800
            
jhartgen@abiworld.org

EFFECTS OF THE NEW BANKRUPTCY LAW ONE YEAR AFTER ITS IMPLEMENTATION TO BE EXAMINED AT OCTOBER PROGRAM

July 26, 2006, Alexandria, Va. — The American Bankruptcy Institute (ABI) and The Financial Services Roundtable will hold a “One-Year Anniversary Program on the Implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA)” on Oct. 16, 2006 in Washington, D.C., at the Georgetown University Law Center. The One-Year Anniversary Program will feature practitioners, judges, trustees, professors, business groups and consumer groups to analyze the impact of BAPCPA one year after it was implemented on Oct. 17, 2005.

Panel sessions include:

The “Macro Overview of the Effects of BAPCPA” session features panelists Prof. Michelle J. White of the University of California (San Diego), Dr. Teresa A. Sullivan of the University of Michigan (Ann Arbor, Mich.) and Clifford White, the Acting Director of the Executive Office of the U.S. Trustee (EOUST) (Washington, D.C).

Panelists on the “Credit Counseling: What Has Been the Outcome of the Credit Counseling Requirements of the New Law?” session include Henry G. Hobbs, Acting Chief of the EOUST’s Debtor Education and Credit Counseling Section (Washington, D.C.), Ivan Hand of Money Management International (Houston), Susan C. Keating of the National Foundation for Credit Counseling (Silver Spring, Md.) and John Rao of the National Consumer Law Center (Boston).

“Business Bankruptcy: How Has BAPCPA Affected Chapter 11 Filings?” will feature panelists Bankruptcy Judge Elizabeth Perris (Portland, Ore.), Stuart A. Gold of Gold, Lange & Majoris, PC (Southfield, Mich.), Susan M. Freeman of Lewis and Roca LLP (Phoenix) and Lisa J. Donahue of AlixPartners LLC (New York).

The “Chapter 7 & 13 Issues: Means Testing and Good Faith” session includes panelists Mark A. Redmiles, Chief of the EOUST Civil Enforcement Unit (Washington, D.C.), Prof. Michaela M. White of the Creighton University School of Law (Omaha, Neb.) and Chapter 13 Trustee Andria E. Celli (Albany, N.Y.).

“How Has BAPCPA Impacted Debtor’s Attorneys?” features panelists Henry J. Sommer of Miller, Frank & Miller (Philadelphia), Donald F. Walton, Acting EOUST Deputy Director (Washington, D.C.) and Norma Hammes of Gold & Hammes (San Jose, Calif.).

Bankruptcy Judges Eugene Wedoff (Chicago) and Christopher Klein (Sacramento, Calif.) will summarize the proposed rules to be released in August 2006 and current case law developments for the final panel of the afternoon.

For more information on the One-Year Anniversary Program, please visit http://www.abiworld.org/ONE06.

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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 11,500 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.