Contact: John Hartgen
703-739-0800
href='mailto:jhartgen@abiworld.org'>jhartgen@abiworld.org
ABI ENDOWMENT
FUND RECEIVES PRODIGIOUS CONTRIBUTION FROM THE BAYARD
FIRM
December 4, 2007,
Alexandria, Va. — The Bayard Firm has agreed to make a
$50,000 contribution to the American Bankruptcy Institute Endowment Fund
- representing the largest single gift ever contributed to the Endowment
Fund – in celebration of the firm’s 50th anniversary in
2008. The Bayard Firm’s contribution will be recognized during a
ceremony at ABI’s Annual Spring Meeting, set to take place April
3-6, 2008, in
w:st='on'>Washington
w:st='on'>D.C.
“Bayard is very pleased
to celebrate its 50th Anniversary by contributing to the ABI Endowment
Fund,” said Charlene D. Davis, a director with Bayard.
“The Endowment Fund promotes education, research and new
perspectives in the evolving field of bankruptcy law. Bayard’s
gift to the Fund reflects the firm’s continuing professional
commitment to the Fund’s goals and to constant improvement in the
administration of justice.”
“We are delighted with
this historic gift from The Bayard Firm to the ABI Endowment, and
pleased that the firm has chosen ABI to celebrate their achievement of
50 years of service to the bankruptcy profession,” said ABI Vice
President-Development Anthony H.N. Schnelling of Bridge
Associates LLC (
York
on their achievement as a firm and we look forward to honoring their
gift at the Annual Spring Meeting in April.”
The ABI Endowment Fund was
created in 1989 to provide a secure financial base for the Institute and
to provide resources for insolvency research and education. Projects
eligible for Endowment funding include research by individuals or
entities relating to bankruptcy or insolvency; surveys or other
analytical investigation; the education of judges, court personnel,
other governmental personnel and the general public; scholarships or
other educational grants; support for the Robert M. Zinman Resident
Scholar; and support for both the Chief Judge Conrad B. Duberstein
National Bankruptcy Memorial Moot Court Competition and ABI’s
Corporate Restructuring Competition. Since 1998, the Fund has awarded
nearly $750,000 in grants. Learn more about the ABI Endowment fund by
visiting
href='http://www.abiworld.org/contribute'>http://www.abiworld.org/contribute.
Over the last decade,
Bayard’s Bankruptcy Group has participated in nearly every
significant bankruptcy case in Delaware, providing services to debtors,
creditors, committees, purchasers, trustees, lenders and shareholders in
both chapter 11 and chapter 7, as well as state receiverships and
insurance company rehabilitations. The core of the Group is led by ABI
members Neil B. Glassman (chair), Charlene D. Davis,
Jeffrey M. Schlerf and Ashley B. Stitzer, each a director
of the firm. Three other associates are also ABI members: Eric M.
Sutty, Mary E. Augustine and Kathryn D. Sallie. The
Group handles all phases of the reorganization or liquidation of
troubled companies, including out-of-court workouts. You can learn more
about the firm at their Web site,
title='blocked::http://www.bayardfirm.com/'
href='http://www.bayardfirm.com/'>www.bayardfirm.com.
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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 ABI membership includes more than 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
ABI, visit www.abiworld.org. For additional conference information,
visit
href='http://www.abiworld.org/conferences.html'>
size='3'>http://www.abiworld.org/conferences.html.