On-Demand Learning

Bankruptcy & Restructuring

Corporate

From the program: Pocket MBA Fall 2012

Recorded on: Oct. 16, 2012

Taken from the Web Program Pocket MBA Fall 2012 recorded October, 2012 in New York. Lecture Topics  [01:15:34] Solvency, Restructuring and Bankruptcy  [01:15:34] Market overview “Going concern” analysis indicators, including: - Earnings - Liquidity - Financing • Restructuring options and process: - Operational restructuring - Financial restructuring - Exit the business  ...

From the program: Pocket MBA Summer 2012

Recorded on: Jun. 6, 2012

Taken from the Web Program Pocket MBA Summer 2012 recorded June, 2012 in San Francisco. Lecture Topics  [00:58:25] Solvency, Restructuring and Bankruptcy  [00:58:25] State of the capital markets and outlook Analysis of indicators and causes of financial distress - Solvency - Liquidity - Financing An overview of the restructuring process and alternatives - Out-of-court - Chapter 11 reorganization  ...

Recorded on: Nov. 6, 2012

LEWIS KRUGER: Ready to go. Lewis Kruger. Hello and good morning. Those of you in California based, obviously, a lovely and beautiful day and a nice day to be indoors at PLI. I'm going to talk for the next 15 to 20 minutes about the beginning of the process of dealing with a company and contemplating what its future should be and how you ought to think about dealing with it, whether it's an insolvency proceeding in the bankruptcy court or other alternatives. ...

Recorded on: Nov. 21, 2011

SPEAKER 1: Welcome back, everybody. I'm pleased to present our next panel. On my far right, we have Lewis Kruger, who I introduced earlier from Strook & Strook & Lavan in New York. Next to him is David Shemano, my partner from Los Angeles at Peitzman, Weg & Kempinsky. And next to David, we have Debra Grassgreen, a partner at Pachulski, Stang Ziehl & Jones, which has offices in New York, in Delaware, Los Angeles, and San Francisco, ...

Recorded on: Jan. 31, 2011

JOSEPH SAMET: OK, we're going to move on a little bit now to talk a bit about some of the distressed debt players and the turnaround and distressed debt opportunities for Bill and Jim to touch on. Who are some of those folks out there? Who are those hedge fund players and other players that have dominated the arena in recent years? WILLIAM Q. DERROUGH: Well, I think there's a couple dynamics that have gone on. So we talked earlier about how the Federal ...

Recorded on: Jan. 31, 2011

SPEAKER 1: PLI contributor, speaker, author, professor at NYU, and has brought a lot to the table in this restructuring practice for many years. Also, I'll introduce Rick Antonoff from Clifford Chance. Rich has been a partner at Clifford Chance, and is a mainstream creditors rights, bankruptcy practitioner. Rich has been involved heavily in the financial crises situation of hedge funds, of representing institutions, parties that hold derivative contracts, ...

From the program: Recent Developments in Distressed Debt, Restructurings & Workouts 2012

Released on: Feb. 24, 2012

Audio CD's from the program Recent Developments in Distressed Debt, Restructurings & Workouts 2012, held January, 2012.

Recorded on: Nov. 6, 2012

HOWARD WEG: So the next three panels are going to take us further into the area of chapter 11. This is a corporate nuts and bolts bankruptcy program. And the ultimate outcome of a corporate reorganization case involves looking closely at who are the players in chapter 11, what does a chapter 11 plan involve, and how does it get confirmed. And that's what we're going to be covering now. Our first speakers are my co-chair, Andrew DeNatale, and Ali ...

Recorded on: Nov. 21, 2011

SPEAKER 1: [UNINTELLIGIBLE]. All right, ladies and gentlemen, now as I said a moment ago, we're going to move into the heart of Chapter 11 and what reorganization is all about. The speakers on my far left, Ali Mojdehi, who you saw yesterday present executory contracts with me. Gerry Munitz will continue to provide color commentary throughout. And Andrew DeNatale is a partner in the Offices of Stroock & Stroock & Lavan in Los Angeles and co-chair ...

Recorded on: May. 10, 2011

DAVID BRITTENHAM: Alright. Our next panel is restructuring update. We're running a few minutes late so we're going to make our introductions summary. Jasmine Ball to my right is a member of the restructuring group at my firm of Debevoise. And to her right, Eric Rosof from Wachtell Lipton. Both of whom have been here before and we're happy to have them back to give us an update. You're on. JASMINE BALL: Great. We had in our program that we would touch ...

Recorded on: Jan. 31, 2011

JOSEPH SAMET: We're back now. Alice Eaton is going to spend a few minutes on developments in rule 2019 having to do with who's the creditor, trading, disclosure, et cetera. And those are interesting developments for pre- and post-bankruptcy situations. And then on to the financial advisors. ALICE EATON: OK. So in the area of rule 2019, this is particularly relevant for ad hoc groups and committees and steering committees. Creditors who sort of come ...

Recorded on: Jun. 21, 2010

ERIC SLOAN: Good morning. We're going to get started. Welcome back to the second day of finance for lawyers. As with yesterday, we want to keep this interactive and casual so if you have questions or issues you want to explore, just raise your hand ask the panel. They'll repeat the questions so people on the web can hear the question and then they'll answer or dodge it as appropriate. We're going to start today with a panel on restructuring and bankruptcy. The ...

Recorded on: Jun. 6, 2011

ERIC: All right, we are in the homestretch. Two panels to go. I'd like to welcome for the next panel on solvency, restructuring, and bankruptcy our three panelists. In the middle is a colleague, Farley Lee. He is a senior manager in the San Francisco office of Deloitte. He's in our FAS practice, Financial Advisory Services. He focuses on restructurings, particularly representing debtor side. And as he was explaining to me earlier, that typically involves ...

Recorded on: Oct. 12, 2011

MARC MILLER: OK. We're staying on schedule. And we're now on our second to last session. 2:45 to 4:00 PM. Talking about solvency, restructuring, and bankruptcy. We're going to talk more about the concept you've heard, I think, initially yesterday morning around going concern. Hear about earnings, liquidity, financing, restructuring options. Obviously those with regard to solvency issues and the like. So we're pleased to have the following two gentlemen ...

Recorded on: Oct. 16, 2012

DANA MCFERRAN: Good morning. Just want to welcome everyone back to our New York facility, here all the participants here, and also to all of our participants via webcast, to Day Two of the PLI Pocket MBA program. I hope you all enjoyed the first day's session. I think it was very informative, and I hope that you'll enjoy today's session. I think we have a great host of distinguished faculty members and presenters. And as I said yesterday, please ...

Recorded on: Aug. 11, 2010

Good morning everyone. Hope everyone had a good night last night. Really appreciate you hanging in there, I know we covered a lot of topics yesterday. We have another full day today. So appreciate you guys being here bright and early. And anyone that's coming in after this is going to have to occupy this front row here. We're going to fill this up first. So thanks very much. We're going to get started. Our first session is solvency, restructuring, ...

Recorded on: Jun. 6, 2012

ERIC B. SLOAN: All right, welcome back. For our next panel we have three really great speakers. To my immediate right is Doug Lane. Doug is a managing director at GLC Advisors which is a leading independent restructuring advisory firm. And before joining GCL Doug was with UBS's restructuring and leveraged finance group in San Francisco. And Doug is actually back-- this is your second year? DOUG LANE: Second year, yeah. Thank you. ERIC B. SLOAN: ...

Recorded on: Apr. 20, 2011

JERRY MUNITZ: Mike, you have automatic stay and avoiding power. MICHAEL COOKE: I know. JERRY MUNITZ: You can expect a direct answer from Mike. MICHAEL COOKE: Yeah. A lot going on-- and speaking of Tribune. Among other things Tribune did-- because of the statute of limitations-- the statute of limitations, by the way, is in 546(a) of the code. Essentially it's two years from the order for relief soon to be brought and Tribune sued anybody who got ...

Recorded on: Nov. 21, 2011

Welcome back everyone. I should say it now because I don't know that we mentioned it earlier but for those of you who are in the PLI studio audience here, and for those of you watching at your offices or homes, there is a means by which you can, in the studio, you can raise your hands and ask questions at any point. And for those watching on the webinar, you can also type in on your computer the question you may have, and it comes up on a screen  ...

Recorded on: Apr. 20, 2011

JOSEPH SAMET: What's the scope of what's going on in the bankruptcy community in terms of numbers of cases? Well, the numbers of cases have gone to from a very low below 1% default rate in public debt about four years ago, and then suddenly shot up to about 12% about two years ago and is back down to the close to 1% now, similar to what it was in about 2007 before the credit crisis of 2008. So as a result of the lower default rates, of course the ...

Recorded on: Jan. 31, 2011

JOSEPH SAMET: Glad to be here. A year ago, did a program where unfortunately, I was stuck in Brussels in the midst of volcanic ash. And it was not possible to get back to a program for days, in spite a 27 hour haul from Brussels back to Madrid over land. But this is only a snowstorm. So welcome back. The afternoon segment will start of with the restructuring agreement, a bit on sales, and Alice Eaton will start off. ALICE BELISLE EATON: Thank you. ...

Recorded on: Apr. 20, 2011

SPEAKER 1: --object of claims, set-offs, recoupment, intercreditor agreements, and the like. And we have Babette Ceccotti who is joining us. She's a partner at Cohen, Weiss, & Simon. She specializes in labor issues in a broad range of case and employee benefit plans, representing unions and others in a significant number of Chapter 11 cases such as United Airlines, Delphi, Chrysler, GM. The Texas Rangers, which we'll touch on later baseball and ...