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Spring Issue of the ABI Law Review Features Non-Bankruptcy Alternatives for Distressed Debtors ABIs Distressed Sector Discussions Home Mortgage Issues and More

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Contact: John Hartgen

             

(703) 739-0800

             


color='#0000ff'>jhartgen@abiworld.org

 

SPRING
ISSUE OF THE
size='3'>ABI LAW
REVIEW FEATURES NON-BANKRUPTCY ALTERNATIVES
FOR DISTRESSED DEBTORS, ABI’S DISTRESSED SECTOR DISCUSSIONS, HOME
MORTGAGE ISSUES AND MORE


size='3'>July 30, 2009, Alexandria, Va.
size='3'>— The American Bankruptcy Institute (ABI) Spring
2009 ABI Law
Review (Volume 17, No. 1), features eight
articles and one student thesis looking at a number of timely insolvency

topics, including a series on non-bankruptcy alternatives, an essay on
home mortgages and chapter 13 bankruptcy and an examination of
fraudulent conveyance. The non-bankruptcy alternatives series examines
assignments for the benefit of creditors, a model for creditor
assignments and trust mortgages. The issue also contains the transcripts

of ABI’s distressed sector media teleconference series, which
featured experts examining the financial difficulties being experienced
in the retail, automotive and real estate industries.

The “Relief Without a
Petition: Non-Bankruptcy Alternatives” series includes the
following articles:


  • size='3'>Robert Richards     of Sonnenschein Nath
    & Rosenthal LLP (Chicago) and

    size='3'>Nancy Ross

     of High Ridge Partners
    (Chicago): “Practical Issues in Assignments for the Benefit of
    Creditors.”

  • size='3'>Geoffrey L. Berman     of Development
    Specialists (Los Angeles) and
    size='3'>Catherine E. Vance     of Development
    Specialists (Columbus, Ohio): “Model Statute for General
    Assignments for the Benefit of Creditors: The Genesis of
    Change.”

  • size='3'>Daniel C. Cohn     and
    face='Times New Roman' size='3'>Nathan R. Soucy
    size='3'>of Cohn Whitesell & Goldberg LLP (Boston): “Trust
    Mortgages: An Under-Appreciated Tool.”

The “Roundtable
Discussions” series features the following transcripts from
ABI’s Distressed Sector media teleconferences:


  • size='3'>Laura Davis Jones     of Pachulski Stang
    Ziehl & Jones (Wilmington, Del.)    ,
    Scott Avila
    size='3'>of     Corporate Revitalization Partners, LLC

    (Los Angeles),

     Howard
    Brod Brownstein     of NachmanHaysBrownstein, Inc.

    (Philadelphia)

     and Moderator and former ABI
    Resident Scholar Prof.
    size='3'>Jack F. Williams     of Georgia State
    University (Atlanta) discussing “The Future of Retail Sector
    Distress.”

  • size='3'>Deborah L. Thorne     of
    size='3'>Barnes & Thornburg LLP (Chicago)
    size='3'>,     Ronald J.
    Silverman     of Bingham
    McCutchen LLP (New York)    ,
    face='Times New Roman' size='3'>Ben Pickering
    size='3'>of     Mesirow Financial Consulting, LLC (New

    York)

     and Moderator and former ABI Resident
    Scholar Prof.     Jack F.
    Williams     of Georgia State University (Atlanta)

    discussing “The Future of Automotive Sector
    Distress.”


  • size='3'>Rebecca Roof     of
    size='3'>AlixPartners (New York)    ,
    face='Times New Roman' size='3'>Greg Apter     of
    Hilco Real Estate (Chicago)     and Moderator and
    former ABI Resident Scholar Prof.

    size='3'>Jack F. Williams

     of Georgia State
    University (Atlanta) discussing “The Future of Real Estate
    Industry Distress.”

Additional articles in
the Law
Review include:

  • Prof.
    face='Times New Roman' size='3'>Robert M. Zinman
    size='3'>of St. John’s University School of Law (Jamaica, N.Y.)
    and     Novica
    Petrovski    , law clerk to Bankruptcy Judge
    Dennis E. Milton (E.D.N.Y.): “The Home Mortgage and Chapter 13: An

    Essay on Unintended Consequences.”


  • size='3'>Nicholas C. Rigano     of Hahn &
    Hessen LLP (New York): “Fraudulent Conveyance Law: Destroying Free

    Exercise Rights at a Church Near You.”

A student thesis examines
§§1126(e) and 105(a) of the Bankruptcy Code to potentially
subvert creditors employing credit derivatives to destroy a chapter 11
debtor.


size='3'>ABI’s Law Review, published in
conjunction with St. Johns University School of Law in Jamaica, N.Y., is

among the most cited and respected scholarly publications in the
bankruptcy community. It has the largest circulation of any bankruptcy
law review. Past issues of the
size='3'>Law Review have focused on
international insolvency, single-asset cases, high-tech and e-commerce
bankruptcies, consumer bankruptcy, the revised Article 9 of the Uniform
Commercial Code and other topics.

Members of the press looking to

obtain a copy of the Spring 2009 issue should contact John Hartgen at
703-894-5935 or
face='Times New Roman' color='#0000ff'
size='3'>jhartgen@abiworld.org
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 ABI membership includes more than 12,000 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'>.