Global Financial Issues 2010: Preparing for the Future (Groupcast Location)

Overview

Co-Sponsored by New Jersey Institute for Continuing Legal Education

Why You Should Attend

Ponzi schemes, credit default swaps and the tightening of the worldwide credit market have led to global economic volatility.  Global losses due to the credit default swaps have been estimated in the range of sixty trillion dollars.  Government bailouts worldwide, such as RBS, Fortis, and Citigroup, are reshaping our understanding of quasi-governmental entities and reestablishing the parameters of regulation.  This global financial volatility, sometimes referred to as “The Great Recession”, has expanded its reach into legal practice areas worldwide -- from litigation and securities to bankruptcy, structured finance and real estate.  The potential need for bailouts by the governments in Greece, Spain, Italy and Portugal has lead to further market volatility. As the problems in the United States have spread abroad, in-house counsel need to handle the instability in the world financial markets. Our stellar faculty of in-house counsel, compliance officers, regulators, and private practitioners will share their insights and expertise so that you and your clients and companies can proactively handle any developments resulting from these global events.

What You Will Learn

• New developments affecting the current global economic climate
• The effect of governments worldwide providing bailouts, including the TARP and TALF
• New developments involving distressed companies, workouts and bankruptcy, including 363 sales
• What ongoing litigation means for the global economy
• Nature and effects of Ponzi Schemes, credit default swaps and other fraudulent schemes
• New areas of global economic growth

And

• Earn one hour of ethics credit with a panel discussion of the new, post-bailout era of executive compensation, corporate compliance, and corporate governance

Who Should Attend

In house counsel, financial service providers, compliance personnel, work out consultants, and secondary market investors should find this program of interest.

Special Features

Keynote address by Martin Atkin.

Special Bonus to all Registrants

All attendees will receive a complimentary copy of PLI's comprehensive Course Handbook. This softcover, bound volume was written to augment the program and to stand alone as a permanent reference. PLI's Course Handbooks represent the definitive thinking of the nation's finest legal minds, and are often the standard reference in the field.

PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount.  For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Schedule

Morning Session:  9:00 a.m. - 12:15 p.m.

9:00  The Current Global Economic Climate

• Europe, Asia, the Americas, and Australia
• Worldwide government bailouts
• Potential crises of inflation or deflation
• Crises of liquidity and securitization
• Sectors of global economic growth

Moderator: Carole L. Basri
Panelists: Michael Aingorn, Peter Demirali

10:00  International Corporate Financial Practice:  View From The Inside

• How in-house counsel are reacting to the global economic situation
• Compliance
• Risk Assessment
• Areas of financial impact
• Banks and insurance companies
• Opportunities for consolidation of financial institutions
• Global financial and economic sectors affected

Moderator: Carole L. Basri
Panelists: David Boyd Booker, R. Damian Brew, Julie Copeland

11:00  Networking Break

11:15  Ongoing Litigation

• Ponzi Schemes (Madoff, Greenwood, Walsh, and Stanford)
• Justice Department
• SEC
• FBI
• International matters
• Private litigation

Moderator: Carole L. Basri
Panelists: John D. Arterberry, Charles Davidow

12:15  Lunch

Afternoon Session:  1:15 p.m. - 5:00 p.m.

1:15  Keynote Speaker

Martin Atkin, Senior Vice President and Senior Portfolio Manager, AllianceBernstein L.P.

1:45  Distressed Companies, Workouts and Bankruptcy

• Distressed company sales
• Sales in lieu of plan: Chrysler case & Middle Market cases
• Credit bids, 363 sales, and structured dismissal
• Clear Channel Outdoor, Inc. v. Knupfer
• Lehman brothers bankruptcy

Moderator: Sam J. Alberts
Panelists: Lisa G. Beckerman, Hon. Elizabeth S. Stong

2:45  International Matters

• E-discovery
• Attorney/client privilege
• Privacy issues
• Blocking statutes
• FCPA and OECD Anti-bribery statutes
• Codes of conduct and whistleblowing

Moderator: Eberhard H. Rohm
Panelists: Andrew Behrman, Brian S. Cousin, Donald C. Dowling, Jr.

3:45  Networking Break

4:00  Ethics and Potential Remedies

• Executive compensation and perks
• TARP and TALF and bailout-related oversight
• Global corporate compliance
• Global corporate governance
• Global corporate responsibility

Moderator: Philip M. Berkowitz
Panelists: Zachary W. Carter, David G. Keyko, Michael A. Levine

5:00  Program Adjourns

Faculty

Chairperson(s)

Moderator(s)

Speaker(s)

Program Attorney(s)

CLE Credit

Travel Information

New Jersey Groupcast Location

New Jersey Institute for Continuing Legal Education, One Constitution Square, New Brunswick, NJ 08901-1520. 732-249-5100.