The podcast features a conversation between Prof. Ayer and Mark D. Taylor, a partner in the D.C. office of Arent Fox, who describes his role as the liquidating trustee in the AmeriDebt bankruptcy. The now-defunct credit counseling agency was the nation's largest provider of debt-management plans, but collapsed in 2003 under the weight of consumer class actions and FTC/IRS actions against certain of the company's practices. Taylor describes how he came to be appointed trustee taking over for prior management, his role in negotiating with regulatory and enforcement agencies, and the mechanics of arranging for a sale of parts of the business.
9 - Conversation with Mark D. Taylor
Friday, May 12, 2006