Dynamics of Restructuring Dealmaking on Display at ABIs Corporate Financial Restructuring Program

Contact: John Hartgen

            
703-739-0800

            
jhartgen@abiworld.org

DYNAMICS OF
RESTRUCTURING DEALMAKING ON DISPLAY AT
w:st='on'>ABI’S CORPORATE FINANCIAL RESTRUCTURING
PROGRAM

May 23, 2007, Alexandria,
Va. — The American Bankruptcy Institute
(ABI) will hold its Seventh
Annual Complex Financial Restructuring Program at the Four Seasons Hotel
in Las
Vegas, Sept. 6-7, 2007. The program offers a
unique approach to understanding the role of investment bankers and
financial advisors in insolvency and restructuring contexts. A case
study will be presented that will dramatize the various perspectives of
parties-in-interest as they examine strategic alternatives and seek the
highest value for an insolvent company. Leaders in the industry will
play the role of the major constituents as they work through the case
study in this day-long program. The program is presented by
ABI's Investment Banking
Committee and will be held in conjunction with the
w:st='on'>ABI 15^th Annual Southwest
Bankruptcy Conference.

Presenting the case study will
be Lorie R. Beers of KPMG Corporate Finance LLC (
w:st='on'>New York), Saul E. Burian of Houlihan Lokey
(New York),  James D.
Decker of Alvarez & Marsal, LLC (
w:st='on'>Atlanta) and Peter S. Kaufman of Gordian
Group, LLC (New
York).

The “Positions of the
Case Constituents” portion of the program will be moderated by
Saul Burian, with the panelists taking on the following
roles:

• CEO/Board of Directors: R.
  Neal Batson of Alston & Bird LLP (
  w:st='on'>Atlanta)
• Chief Restructuring Officer:
  Holly Felder Etlin of AlixPartners LLP (
  w:st='on'>New
  York)
• Counsel to Company: Paul
  Basta of Kirkland & Ellis LLP (
  w:st='on'>New York)
• First Lien Holders: Stephen
  Karotkin of Weil, Gotshal & Manges LLP (
  w:st='on'>New
  York)
• Second Lien Holders:
  Matthew Barr of Milbank, Tweed et al. (
  w:st='on'>New
  York)
• MAHI Noteholders:
  w:st='on'>BerrySpears of Fulbright &
  Jaworski, LLP (
  w:st='on'>Austin,
  w:st='on'>Texas)
• Trade Creditors: Thomas R.
  Califano of DLA Piper
  w:st='on'>US LLP (
  w:st='on'>New York)
• Unions: Paula A.
  Schmeck of Thorp Reed & Armstrong, LLP (
  w:st='on'>
  w:st='on'>Pittsburgh)
• Private Equity Group: Niv
  Harizman of Plainfield Asset
  Management LLC  (
  w:st='on'>Greenwich,
  w:st='on'>Conn.)

The first team presentation,
“Advisors to the Second Lien Lenders,” will be moderated by
James D. Decker that will include role playing by the following
representative panelists:

• Investment Banker: J. Scott
  Victor of Special Situations Group/SSG National
  City Investment Banking (
  w:st='on'>Philadelphia)
• Turnaround Professional:
  Howard Brod Brownstein, NachmanHaysBrownstein, Inc. (
  w:st='on'>
  w:st='on'>Philadelphia)
• Lawyer: David S. Heller
  of Latham & Watkins LLP (Chicago)
• Financing Source: Mitchell
  E. Drucker of CIT Corporate Finance (
  w:st='on'>New York)

The second team presentation,
“Advisors to the MAHI Noteholders” will be moderated by
Lorie R. Beers and include these panelists in the following
roles:

• Investment Banker: William
  Q. Derrough of Jefferies & Company, Inc. (
  w:st='on'>New
  York)
• Hedge Fund: Patrick T.
  Collins of D.E. Shaw & Co. L.P. (
  w:st='on'>New York)
• Lawyer: Dion W. Hayes
  of McGuireWoods LLP (
  w:st='on'>Richmond,
  w:st='on'>Va.)
• Financing Source: Joseph
  Catalano of FirstLight Financial Corporation (Old
  w:st='on'>Greenwich,
  w:st='on'>Conn.)

The final team presentation,
“Advisors to the Private Equity Sponsor/Debtor,” will be
moderated by Peter S. Kaufman of Gordian Group, LLC (
w:st='on'>New York) and
will feature the following representative panelists:

• Investment Banker: Flip
  Huffard of The Blackstone Group (
  w:st='on'>New York)
• Private Equity Group: Niv
  Harizman of Plainfield Asset
  Management LLC (
  w:st='on'>Greenwich,
  w:st='on'>Conn.)
• Lawyer: Daniel C.
  Stewart of Vinson & Elkins LLP (Dallas)
• Financing Source: Michael
  P. Keller of CapitalSource Finance LLC (
  w:st='on'>Nashville,
  w:st='on'>Tenn.)

For more information on
ABI’s Seventh Annual
Corporate Financial Restructuring Program, please visit
www.abiworld.org/CFRP07.

###

size='3'>ABI is the largest multi-disciplinary,
nonpartisan organization dedicated to research and education on matters
related to insolvency. ABI
was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The
w:st='on'>ABI membership includes nearly 11,500
attorneys, accountants, bankers, judges, professors, lenders, turnaround
specialists and other bankruptcy professionals providing a forum for the
exchange of ideas and information. For additional information on
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For additional conference information, visit
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