Endowment News May 2006

This year, the ABI Develoment Committee has undertaken a special effort to raise
funds for the ABI Endowment, which finances research and education on insolvency.
The 2006 Spring Campaign has already begun to yield phenomenal results. <b>Anthony
H.N. Schnelling</b>, the Development Committee Chair, and the other Development
Committee members have begun outreach efforts, including mailings and phone
calls to ABI members asking them to increase their efforts. The response to
date has been very positive. Several new donors have made contributions to the
Endowment, and many more have increased contributions to achieve new recognition
levels. Endowment Recognition Levels are described in the box below. Contributions
that have been received at press time are noted below.
</p><p><b>Scott Baena</b> of Bilzin Sumberg Baena Price &amp; Axelrod LLP, who donated
$25,000, is a new Century Club member this year. As Scott indicated: "Reflecting
on our own good luck in the bankruptcy and restructuring arenas, our firm recognized
that the ABI has been the principal bankruptcy organization responsible for
improvements in the administration of justice, continuing legal education and
collegiality, which have enhanced our practice, as well as the quality of professional
life for all bankruptcy practitioners."

</p><p><b>Joseph E. Myers</b> and <b>Stuart Kessler</b> of Clear Thinking Group LLC
of Hillsborough, N.J., are also new donors. Joe is managing director of Clear
Thinking Group and strongly values the educational element of the Endowment.
"We are proud to be associated with the ABI and consider it an honor to
be a Lifetime Member supporter of the Endowment. ABI educational programs are
an integral part of our work in the insolvency/restructuring arena. Moreover,
membership in the Institute demonstrates a high level of professionalism, ensuring
our clients and bankruptcy professionals that Clear Thinking Group adheres to
the highest standards and a rigorous code of conduct." <b>David Linn</b>
of Oak Point Partners added, "it is a privilege for Oak Point Partners
to be able to support the Endowment Fund. We are proud to add to the Endowment's
ever-growing financial base and its continuing support for research and education."
</p><p>In addition, several ABI authors have donated royalties from their ABI publications.
<b>Susan Gummow</b> of Clausen Miller PC has generously donated the royalties
from the First Edition of ABI's <i>Bankruptcy and Insurance Law Manual</i>.
</p><h3><i>Newest Endowment Donors <br>

(Donor level and above)</i> </h3>
<p><i>Scott Baena</i> $25,000<br>
Bilzin Sumberg Baena Price &amp; Axelrod, LLP
</p><p><i>Otto Beatty</i> $100<br>
Baker &amp; Hostetler LLP

</p><p><i>Paul Bran</i> $400<br>
Dickstein Shapiro Morin &amp; Oshinsky, LLP
</p><p><i>Clear Thinking Group LLC</i> $10,000 <br>
Joseph E. Myers &amp; Stuart Kessler
</p><p><i>Robert Dangremond</i> $5,000<br>

AlixPartners LLC
</p><p><i>Executive Sounding Board Assoc. Inc.</i> $5,000 <br>
Martin I. Katz
</p><p><i>David Farrell</i> $100<br>
Thompson Coburn LLP
</p><p> <i>Mark Felger</i> $250 <br>

Cozen O'Connor
</p><p><i>Penny Friedman</i> $1,250<br>
CIT Business Capital
</p><p><i>David Grochocinski</i> $100<br>
Grochocinski, Grochocinski &amp; Lloyd, Ltd.
</p><p><i>Geoffrey Groshong</i> $100<br>

Miller Nash LLP
</p><p><i>Susan Gummow</i> $1,451<br>
Clausen Miller PC
</p><p><i>Reginald Jackson</i> $600<br>
Vorys, Sater, Seymour and Pease LLP
</p><p><i>Alan Lasko</i> $400 <br>

Alan D. Lasko &amp; Associates, PC
</p><p><i>David Linn</i> $5,000 <br>
Oak Point Partners
</p><p><i>Craig Rasile</i> $5,000 <br>
Hunton &amp; Williams LLP

</p><p><i>Thomas Salerno</i> $5,000 <br>
Squire, Sanders &amp; Dempsey, LLP
</p><p><i>James Shea</i> $5,000<br>
Shea &amp; Carlyon, Ltd.
</p><p><i>The Hilco Organization</i> $5,000<br>

Benjamin L. Nortman and Richard L. Kaye
</p><p><i>Togut, Segal &amp; Segal LLP</i> $5,000<br>
Albert Togut.
</p>