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ABI World Podcast Features Discussion on Church Bankruptcies

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Contact:
John
Hartgen
 

            
(703) 739-0800


size='3'>            
jhartgen@abiworld.org

ABI WORLD
PODCAST FEATURES DISCUSSION ON CHURCH BANKRUPTCIES


size='3'>June 16
, 2006
face='Times New Roman'
size='3'>Alexandria
,
size='3'>Va
.

size='3'> The latest American Bankruptcy
Institute podcast features a conversation on diocesan bankruptcies
between ABI Executive Director Sam Gerdano and Ford Elsaesser, a senior
partner of Elsaesser Jarzabek, et al. of

w:st='on'>
size='3'>Sandpoint
,
w:st='on'>
size='3'>Idaho
. Elsaesser,
a former ABI president and chairman, represents the Association of
Parishes in the Diocese of Spokane, Wash. In the wake of recent sexual
abuse legal proceedings, several Catholic Church diocese have filed for
bankruptcy in order to maintain operations while working out settlements
to pay for the abuse claims. To date, the diocese of

w:st='on'>
size='3'>Spokane
,
w:st='on'>
size='3'>Wash.
,
w:st='on'>
size='3'>Tucson
,
w:st='on'>
size='3'>Ariz.
, and
w:st='on'>
size='3'>Portland
,
w:st='on'>
size='3'>Ore.
, have filed
for bankruptcy due to the escalating costs of the abuse
settlements.

Elsaesser’s
practice includes commercial law and banking, bankruptcy, trusteeships
and receiverships, and corporate law. He serves as an adjunct professor
at
St.
John’s
Law School LL.M.
Bankruptcy Program in
New York and
the

size='3'>University
of

size='3'>Idaho
’s
School of

size='3'>Law
.
Elsaesser was awarded the Idaho State Bar Professionalism Award in 1999
and the Idaho State Bar Pro Bono Award in 1991. He is also a Fellow in
the American College of Bankruptcy.

The ABI World podcast provides
listeners the flexibility to enjoy the podcast from a computer or to
download to their digital audio player for listening on-the-go. A new
podcast will be available each week on the ABI World Web site featuring
a conversation with a prominent figure in bankruptcy law.

To access the weekly ABI World
podcasts, follow the link below:


href='/Content/NavigationMenu/OnlineResources/ABIWorldPodcast/ABI_World_Podcast1.htm'>
face='Times New Roman' color='#800080'
size='3'>
http://www.abiworld.org/Content/NavigationMenu/Online_Resources/ABI_Wor…

###

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

face='Times New Roman' color='#0000ff'
size='3'>http://www.abiworld.org/conferences.html

face='Times New Roman' size='3'>.