Investment Banking

This panel will discuss how a number of recent bankruptcy decisions have curtailed the rights of the “new” investor, including hedge funds, to obtain the typical benefits that a buyer would otherwise be entitled to in a bankruptcy case. The focus will include a review of rulings in which a secured creditor’s rights to credit-bid in connection with a § 363 asset sale were limited and in which a hedge fund’s vote was not counted. Is this fair? Should your claim be worth less if you buy at a discount?

A timely and wide-ranging keynote discussion among leading professionals, market advisors and educators concerning current and future economic trends, predictions about the high yield and leveraged lending markets going forward and what it all means for restructuring practice in the short and long term.

Do new opnions suggest doubt about the right of a lender to bid the full value of claims in Chapter 11?

This panel will discuss the purchase of secured debt and claims, disclosure of obligations, and the Lightsquared and Telecom cases.

This panel will provide an overview of new uses of cause of action, § 546(e) cases including Lyondell and Tribune, and proposed changes to the UFTA.

Hosted By: Legislation Committee Congress recently proposed legislation to repeal Title II of Dodd-Frank (the “Orderly Liquidation Authority,” or “OLA”) and replace it with chapter 14 of the Bankruptcy Code. This 75 minute webinar will provide a basic overview of the OLA, and will introduce participants to the current chapter 14 proposal providing for the reorganization or liquidation of large financial institutions. The discussion will explore the policies underlying chapter 14 and concerns surrounding the limits of chapter 11, as well as the potential effects that this proposed legislation would have on large financial institutions and bankruptcy practitioners. SPEAKERS Thomas Jackson University of Rochester Rochester, NY Stephen Lubben Seton Hall University South Orange, N.J. Reena Sahni Davis Polk & Wardwell LLP New York Dena Kessler, Moderator BakerHostetler Washington, D.C.

Madoff: Ponzi Presentation

This panel will discuss claims, participation and loan purchases, and how they can have a significant impact on a bankruptcy case.

How do different constituencies “play” the same valuation issue? This panel will explore how and why valuation is an art and not a science in chapter 11, and will take on the challenge of debating whether or not this should trouble us as bankruptcy professionals and investors.