2008 New York City Bankruptcy Conference Program
Millennium Broadway Hotel and Conference Center/Hudson Theatre, 145 West 44th Street, New York
Monday May 12, 2008
7:30 a.m.
Registration Desk Open
8:008:30 a.m.
Continental Breakfast
8:308:45 a.m.
Conference Chairs' Welcome
8:459:45 a.m.
Plenary Session: Judges Roundtable
Selected Current Topics a moderated roundtable featuring the judges of the Southern District and Eastern District of New York.
Hon. James M. Peck, Moderator
U.S. Bankruptcy Court, SDNY
9:4510:00 a.m.
Refreshment Break
10:0011:15 a.m.
Concurrent Sessions (5)
Hot Topics in Valuation Decisions/Fights
Including how stock market valuation of a companys securities impact on the process.
Martin J. Bienenstock, Moderator
Dewey & LeBoeuf, LLP
Kenneth A. Buckfire
Miller Buckfire & Co., LLC
Gary L. Kaplan
Fried, Frank, Harris, Shriver & Jacobson LLP
Hon. James M. Peck
U.S. Bankruptcy Court, SDNY
Mark Shapiro
Lehman Brothers
Subprime Panel
A discussion of the cases generated by the meltdown, and the implications for the rest of the economy.
Wilbur L. Ross, Jr., Moderator
W.L. Ross & Co.
Lewis Kruger
Stroock & Stroock & Lavan LLP
James M. Lukenda
Huron Consulting Group LLC
Hon. Cecelia G. Morris
U.S. Bankruptcy Court, SDNY
James H.M. Sprayregen
Goldman Sachs & Co.
Gift Plan Contributions
Can creditors change the priority scheme and avoid confirmation requirements by providing a gift to junior creditors in order to get agreement to plan?
Lindsee P. Granfield, Moderator
Cleary, Gottlieb, Steen & Hamilton LLP
Howard S. Beltzer
Morgan, Lewis & Bockius LLP
Matthew Cantor
Normandy Hill Capital, L.P.
Hon. Arthur J. Gonzalez
U.S. Bankruptcy Court, SDNY
Michael J. Sage
O'Melveny & Myers LLP
Changing Players in Chapter 11
The advent of new sophisticated financial instruments such as Credit Default Swaps; CMO/CDOs, CLOs and SIVs have greatly increased the number of parties who will be affected by a companys insolvency. Will these parties have a say in the negotiating process? Can they influence the results?
Peter V. Pantaleo, Moderator
Simpson Thacher & Bartlett LLP
Marc Abrams
Willkie Farr & Gallagher LLP
Hon. Robert E. Gerber
U.S. Bankruptcy Court, SDNY
Thomas Moers Mayer
Kramer Levin Naftalis & Frankel LLP
Richard F. Hahn
Debevoise & Plimpton LLP
Changing the Face of Corporate America
As American companies cope with the challenges of changes in the world economy, many of them are using the bankruptcy process to allow them to compete.
Lisa J. Donahue, Moderator
AlixPartners LLP
Hon. Robert D. Drain
U.S. Bankruptcy Court, SDNY
Marshall Scott Huebner
Davis Polk & Wardwell
James E. Millstein
Lazard Freres & Co. LLC
Bruce H. Simon
Cohen, Weiss & Simon LLP
11:1511:30 a.m.
Refreshment Break
11:30 a.m.12:45 p.m.
Repeat Concurrent Sessions (5)
Hot Topics in Valuation Decisions/Fights
Subprime Panel
Gift Plan Contributions
Changing Players in Chapter 11
Changing the Face of Corporate America
12:451:45 p.m.
Buffet Lunch
1:45 p.m.2:45 p.m.
Plenary Session : ABI Landmark Fee Study: Moving-Forward Analysis
Albert Togut, Moderator
Togut, Segal & Segal, LLP
Diana G. Adams
Office of the U.S. Trustee, Region 2
Prof. Stephen J. Lubben
Seton Hall Law School; Newark, N.J.
Deirdre A. Martini
CIT National Restructuring Group
Michael P. Richman
Foley & Lardner LLP
2:454:00 p.m.
Concurrent Sessions (5)
Hot Topicsin Financings and Asset Dispositions
Developments in financing, the use of PIK toggle provisions, the treatment of make-whole and non-call provisions; and a discussion of the implications of the Piccadilly Cafeterias case (on appeal to the Supreme Court) which denies stamp tax-exemption on a sale conducted before a bankruptcy plan.
Michael Luskin, Moderator
Luskin, Stern & Eisler LLP
Hon. Allan L. Gropper
U.S. Bankruptcy Court, SDNY
William Q. Derrough
Jefferies & Company, Inc.
Marcia L. Goldstein
Weil, Gotshal & Manges LLP
Brian Trust
Mayer Brown LLP
Asset Protection
Do asset protection trusts truly protect the debtor from the claims of its creditors?
Michael L. Cook, Moderator
Schulte Roth & Zabel LLP
Melanie L. Cyganowski
Greenberg Traurig, LLP
Hon. Martin Glenn
U.S. Bankruptcy Court, SDNY
Alec P. Ostrow
Stevens & Lee, PC
Gideon Rothschild
Moses & Singer LLP
Troubled Hedge Fund Liquidations
Discover the answers to these and other troubling questions: What constitutes a "commercially reasonable" liquidation of a funds positions by its lenders? Should investment funds be liquidated in or outside of bankruptcy, and in or outside the United States?
David I Paulker, Moderator
Goldin Associates, LLC
Hon. Stuart M. Bernstein
U.S. Bankruptcy Court, SDNY
Paul M. Basta
Kirkland & Ellis LLP
Steven J. Reisman
Curtis, Mallet-Prevost, Colt & Mosle LLP
Scott Y. Stuart
Donlin, Recano & Company, Inc.
Rights Offerings
There are many bankruptcy plans where the distribution to creditors includes or is solely a right to purchase debt or equity in the reorganized entity. How do these plans work, and can they survive a confirmation objection?
David L. Resnick, Moderator
Rothschild, Inc.
D. J. Jan Baker
Skadden, Arps, Slate, Meagher & Flom LLP
Lisa G. Beckerman
Akin Gump Strauss Hauer & Feld LLP
Glenn E. Siegel
Dechert LLP
Hon. Elizabeth S. Stong
U.S. Bankruptcy Court, EDNY
International Panel
This panel will discuss the recent trends in international restructurings including the recent decisions in Bear Sterns Chapter 15 filing; reorganizing U.S. Debtors with foreign assets, reorganizing foreign parts of U.S. businesses and insurance company liquidations.
Corinne Ball, Moderator
Jones Day
Evan C. Hollander
White & Case LLP
Hon. Burton R. Lifland
U.S. Bankruptcy Court, SDNY
Deryck A. Palmer
Cadwalader, Wickersham & Taft LLP
Joseph Samet
Baker & McKenzie LLP
4:004:15 p.m.
Refreshment Break
4:155:30 p.m.
Repeat Concurrent Sessions (5)
Hot Topics in Financings and Asset Dispositions
Asset Protection
Troubled Hedge Fund Liquidations
Rights Offerings
International Panel
5:30 p.m.
Adjourn
6:008:00 p.m.
VIP Reception for Speakers and Sponsors (invitation only)
Sponsored by
Donlin Recano & Company, Inc.