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Fourth Annual Corporate Restructuring Competition Scheduled for November

Submitted by webadmin on

Contact: John Hartgen

            

703-739-0800

            

jhartgen@abiworld.org

FOURTH ANNUAL

CORPORATE RESTRUCTURING COMPETITION SCHEDULED FOR
NOVEMBER

October 3, 2007, Alexandria,

Va. — The American Bankruptcy Institute
(ABI) and Northwestern
University's Kellogg School of Management are co-sponsoring the Fourth
Annual Corporate Restructuring Competition, to be held Nov. 8-10 at
Northwestern University in Chicago.  The competition provides 12 of

the nation’s top MBA programs with a unique opportunity to learn
by solving a real-world restructuring case problem.

The students have a week to
“solve” the problem and prepare comprehensive presentations
showing their operational and financial plans before panels of judges
representing senior company management and bondholders, with a final
round before a mock board of directors. Judges for the competition are
all experienced professionals from some of the top restructuring and
financial firms in the country.

Past winners of the Corporate
Restructuring Competition include
w:st='on'>Northwestern
w:st='on'>University’s Kellogg School of
Management, the Stern Graduate School of Business of
w:st='on'>New York
w:st='on'>University and
w:st='on'>Stanford
Graduate
w:st='on'>Business
w:st='on'>School. Winning teams receive
prizes of $5,000 for first place, $3,000 for second, $1,750 for third
and $1,250 for fourth place. The first-place school will also receive
the Bettina M. Whyte Trophy, named in honor of the former
ABI president and founder of
the competition. To find out more about the competition’s rules,
please visit
href='2006/October%202006/www.abiworld.org/crc'>
size='3'>www.abiworld.org/crc.

Schools competing this year in
addition to New York
University, Northwestern and
Stanford are Carnegie
Mellon
w:st='on'>University,
w:st='on'>University of
w:st='on'>Chicago,
w:st='on'>University of
w:st='on'>California-Berkeley,
w:st='on'>Duke
w:st='on'>University,
w:st='on'>Dartmouth
w:st='on'>University,
w:st='on'>University of
w:st='on'>Virginia,
w:st='on'>University of
w:st='on'>Pennsylvania,
w:st='on'>University of
w:st='on'>Michigan and
w:st='on'>Notre Dame

w:st='on'>University.

In addition to the case
presentations, there will be a sponsored networking cocktail reception,
a dinner featuring keynote speaker John McNichols, Managing Director of
Research for Fidelity Management & Research Co., and an awards
luncheon following the final round of the competition. The investment
banking firm of Houlihan Lokey Howard & Zukin is providing the
financial support for the competition.  

###


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 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
title='blocked::http://www.abiworld.org/conferences.html'
href='http://www.abiworld.org/conferences.html'>
color='#0000ff'>http://www.abiworld.org/conferences.html.