Emerging Issues in the Retention and Compensation of Professionals - Is the Playing Field Changing?
Hon. James D. Gregg
U.S. Bankruptcy Court, W.D. Mich.; Grand Rapids
Richard A. Chesley
Paul, Hastings, Janofsky & Walker LLP;
Chicago, IL
Richard M. Cieri
Kirkland & Ellis LLP; New York
Peter S. Fishman
Houlihan Lokey Howard & Zukin; San Francisco
Is getting retained and paid becoming so difficult that professionals need to think twice before accepting an engagement? Are changes hurting the companies that most need the assistance of good financial and legal advisors? Is there a bigger risk of fee collection difficulties in bankruptcy than out-of-court? Is it fair?
Agenda for the 2007 Winter Leadership Conference
The committee will hold a joint educational session at the Winter Leadership Conference in Palm Springs with the Financial Advisors, Investment Banking and Public Companies and Claims Trading Committees. The session will be broken down as follows:
PART I: “Full Disclosure: The Results of the ABI Professional Fee Study.” Prof. Stephen J. Lubben takes your questions on the landmark ABI-funded Fee Study and its ramifications. The Q&A session will also feature a panel moderated by C.R. “Chip” Bowles Jr., chair of the Fee Study Steering Committee and Practitioner’s Panel (Greenebaum Doll & McDonald PLLC; Louisville, Ky.). Speakers will be Gerald A. Shapiro (CRG Partners, LLC; Wilton, Conn.), J. Scott Victor (National City Capital Markets-Investment Banking; Conshohocken, Pa.) and Keith J. Shapiro (Greenburg Traurig LLP; Chicago).
PART II: “Hedge Fund Competition for Control of Public Chapter 11 Debtors and Their Reorganizations.” A panel will discuss issues relating to the prevalence of hedge funds competing for control of and/or substantial ownership of public chapter 11 debtors and their reorganizations. Speakers will be H. Slayton Dabney (King & Spalding; New York), James D. Decker (Alvarez & Marsal; Atlanta), Peter M. Gilhuly (Latham & Watkins LLP; Los Angeles) and M. Steven Liff (Sun Capital Partners, Inc.; Los Angeles).