Beard Audio Conferences

Changing Roles and Responsibilities of Creditors' Committees

Sun Jul 6 06:00:01 EDT 2008

Title : Changing Roles and Responsibilities of Creditors' Committees

How to Meet the New Bankruptcy Code Requirements

For those of you concerned about the impact of the new bankruptcy law on creditors' committees, you may now purchase the Audio CD Recording of this timely 90-minute audio conference.

Recorded in mid-January 2006 and presented by one of the nation's top bankruptcy experts, this program will help you and your staff discover --

How the new Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) dramatically alters the composition and operations of Chapter 11 creditors' committees

Expanded judicial powers for deciding committee make-up

New opportunities for smaller creditors to serve on committees

Impact of new information sharing requirements under Sec. 1102 (b) (3). How can committees best keep non-members informed and still protect confidential information?

Challenges to the attorney-client privilege presented by the new disclosure obligations

And much more

Thomas J. Salerno
Squire Sanders & Dempsey

Thomas J. Salerno is a partner in, and co-chair of, the Reorganization and Restructuring Group in the Phoenix office of the international law firm of Squire, Sanders & Dempsey. He also serves as chair of the firms International Insolvency Practice Group. For more than 20 years, he has represented creditors committees, debtors, lenders and other parties in complex Chapter 11 reorganizations involving public debt and equity securities throughout the U.S. He also has represented parties in insolvency proceedings in the Czech Republic, Switzerland, Germany and the United Kingdom.

He has written or co-authored several books, including The Executive Guide to Corporate Bankruptcy, published by the Beard Group. He has been included in The Best Lawyers of America since 1992 and was named one of 12 Outstanding Bankruptcy Lawyers by Turnarounds & Workouts.

Real Estate Bankruptcy

Sun Jul 6 06:00:01 EDT 2008

Title : Real Estate Bankruptcy

As the real estate market continues with the inevitable slowdown, the possibility of restructuring and insolvency for developers is also becoming a reality in the not too distant future.

Certain of the highly leveraged real estate developers have already sought bankruptcy protection without proper planning and those entities face an uphill road during their bankruptcy cases.

This April 17, 2007 audio conference with Andrew Sherman, of Sills Cummis Epstein and Gross P.C. as they covers key issues and provide practical guidance and suggested strategies in planning for a real estate bankruptcy from all sides.

This 90-minute audio conference which includes written materials will include:

Pre - filing issues/forbearance terms

Mortgagee in possession/ Deed in lieu of foreclosure

Use of cash collateral/assignment of rents

Authority to file

Single asset real estate

Exclusivity concerns

Assumption/rejection issues cure of monetary/historical defaults

Sales of property and extinguishment of interests

Mixed-use issues

Cash management - who owns the cash?

Absolute priority/plan confirmation issues

Election under 11 U.S.C. 1111(b)

Effect of private equity

Continuing Education Credit:
This program is accredited for 1.50 MCLEs in California, Tennessee and Texas. New York has reciprocity with California and Tennessee. For non-attorneys and attorneys practicing in other states, Certificates of Attendance are available upon request.

Andrew H. Sherman
Sills Cummis Epstein & Gross P.C.

Andrew H. Sherman is a Member of the Firm's Creditors' Rights/Bankruptcy Reorganization Practice Group. He has represented clients in a broad range of complex business reorganizations, debt restructurings and insolvency matters. He advises companies experiencing financial difficulties, creditors of such entities, as well as investors and acquirers of substantial assets in bankruptcy cases and workouts. Over the past few years, he has focused his practice on representing incumbent local exchange carriers and competitive local exchange carriers in telecommunications and construction bankruptcy cases across the nation. He has also recently represented large multinational corporations in construction and energy bankruptcy cases. In addition to his bankruptcy experience, he has represented parties in significant commercial litigation in the New York federal and state courts. Prior to coming to Sills Cummis, Mr. Sherman was associated with Parker Chapin Flattau & Klimpl, LLP in New York City. Mr. Sherman was selected for inclusion in the 2007 edition of The Best Lawyers in America and the 2006 edition of New Jersey Super Lawyers.

New Chapter 15 -- Lessons Learned in Europe

Sun Jul 6 06:00:01 EDT 2008

Title : New Chapter 15 -- Lessons Learned in Europe

Parallels between U.S. and European Rules for Cross-Border Insolvencies

Europe has a head start in dealing with many of the controversial provisions of Chapter 15. The international rules of the new U.S. code are based on the same model law used by the European Insolvency Regulation (EIR), adopted by the EC more than five years ago.

What does the European experienceespecially in the contentious debate over Center of Main Interests jurisdictional questionsportend for Chapter 15 proceedings?

And what are the latest developments  in and outside the U.S.  impacting your Chapter 15 decisions?

Order this Audio CD (recorded in late February 2006) and, in just 90 minutes, you and an unlimited number of your staff will discover

International forum shopping an analysis of the latest strategies

New developments in the Center of Main Interests (COMI) controversy

Emerging trends from initial U.S. court Chapter 15 decisions

Moving house and homeless companies understand the relationship between international jurisdiction and time factors

Common threads among Chapter 15, the EIR, and the UNCITRAL (United Nations Commission on International Trade Law) Model Law

Important differences among the three and why you should care

The imperative for sharing information between administrators of Main and Secondary Proceedings

Why employees may be the lost voice in cross-border proceedings

Security rights in cross-border insolvencies

Lessons learned from landmark international cases such as Parmalat, ENRON, BRAC-Budget Rent-A-Car, and others

Practical solutions developed in Europe during the five-year long application of the EIR

And much more

	Michael Martinez Ferber Cimejes GmbH
Learn from one of the worlds top international bankruptcy experts Michael Martinez Ferber, partner and managing director of Cimejes GmbH in Germany. Cimejes is an international network of specialists serving insolvency trustees in cross-border proceedings. Michael has worked with major insolvency trustee firms in Germany and leading restructuring advisors in Germany and the United Kingdom.

Fundamentals of Corporate Bankruptcy and Restructuring

Sun Jul 6 06:00:01 EDT 2008

Title : Fundamentals of Corporate Bankruptcy and Restructuring

A Nuts and Bolts Guide to Chapter 11 Proceedings

With this audio CD recording from April 2006, you'll receive insights into the complexities at each stage of a Chapter 11 filing. Using an entertaining, real-world case study, you'll cover:

- What is Corporate Restructuring?
- The Evolution of Corporate Restructuring
- The Corporate Restructuring Process
- United Artists Restructuring Case Study
- Questions and Answers/Discussion Session

This program is designed for attorneys, paralegals and other bankruptcy specialists throughout the United States who work primarily in the areas of bankruptcy and/or labor and employment law.

DETAILED AGENDA

What is Corporate Restructuring?
a) The Bankruptcy Act of 1800  1898
b) The Bankruptcy Reform Act of 1978
c) The Bankruptcy Reform Act of 2005

The Evolution of Corporate Restructuring
a) He who cannot pay with his purse, pays with his skin'  Historical stigma of bankruptcy
b) Bankruptcy as Strategy: Avoiding Financial Burden and Shifting Financial Risk
    - Strategic Advantages (Successful outcomes  Steel industry, Barneys,Federated, Service Merchandise, etc.)
    - Board members fiduciary duty; government regulations and requirements (i.e.Sarbanes-Oxley)
c) Empirical Data on Growth of Chapter 11 Market
    - Where we have been: 1970-1990 No. of filings
    - Where we are: No. of filings and No. of companies emerging
    - Where we are going: High Yield Market Growth rate; more wide spread acceptance  crossing International borders (Chapter 15)

The Corporate Restructuring Process
a) Pre-Petition | Contingency Planning | Filing | Due Process/Notice | Claims Process | Plan of Reorganization | Emergence
b) Introduction to United Artists Theatre Company Case Study

The Cast of Characters and their Roles
a) The DIP  Debtor in Possession (UA Theater)
b) Secured Creditors (Banks  i.e. BofA, Other Distressed Investors  i.e. P. Anschutz; Hedge Funds; Institutional Investors)
c) General Unsecured Creditors (Trade creditors; Bondholders, Retirees  i.e. Nachos vendors)
d) Equity Holders (i.e. Merrill Lynch)

Act 1: Pre-Petition Activities
a) The Beauty Pageant (Kirkland and Ellis  Denver, CO)
b) Decision to Commence Restructuring Contingency Planning

Act 2: Contingency Planning Preparation
a) Map the Corporate Structure (UA Org Chart, 10-K, 10-Q)
b) Map the Capital Structure (Assets, Sr. Secured Debt, Lien Debt, Bonds  Tiered structure)
c) Identify Business Operations and Revenue Sources (IMAX relationship) Legal tenets
d) Automatic Stay (what it is, how it's relevant  determining UA entities to file Chap. 11)
e) Avoidable transfers
f) First day motions (identify critical vendors  studies, distributors, employees, gift certificates)

Act 3: Filing Chapter 11 Petition
a) Organizing the Creditors
    - Creditor Matrix
    - List of Creditors holding 20 largest unsecured claims
    - Creditors Committee
    - First day motions  Officially in Chapter 11

Act 4: Due Process/Notice
a) Public announcement of Chapter 11 filing and notice of deadline to file claim
b) Anecdote: Theater usher in coma

Act 5 (Scene 1): Claims Process  Burden Shifting
a) Schedules of Assets and Liabilities/Statement of Financial Affairs
b) Notice of Bar Date
c) Filing Proof of Claims
d) Claims objections/reconciliation
e) Anecdote: Nancy's Nachos

Act 5 (Scene 2): Negotiation of Restructuring Strategy
a) Plan Negotiations
    - Cast of Characters
    - Development of Reorganization Plan
b) Disclosure Statement/Court Approval
c) Commence Solicitation
d) Ballot Tabulation
e) Confirmation

Act 6: Successful Emergence
a) Plan Confirmation and Effective Date
b) Disbursement Process

The Encore
a) Status of United Artists' business today
b) Doing business beyond restructuring
c) Top 5 Rules for Corporate Restructuring'

Question and Answer/Discussion Session
(i.e., venue/predictability of result; distressed investing; hedge funds; timing, etc.)

Jonathan A. Carson, J.D.
Kurtzman Carson Consultants LLC

A former corporate-restructuring attorney, Jonathan possesses an in-depth understanding of Chapter 11 and serves as an industry expert on trends and developments within the evolving corporate restructuring arena. He co-founded Kurtzman Carson Consultants LLC (KCC), a provider of technology-based, administrative solutions for the legal and financial industries, to pursue a shared vision for fast, efficient and highly reliable restructuring administration services from the perspective of professionals who understand the industry and its challenges.

As President of KCC, Jonathan oversees the design and development of the companys proprietary, web-based technology. He also serves as the lead in business development and marketing initiatives, maintaining and growing client relationships. He has contributed to KCCs growth and recent recognition as one of the fastest growing companies in America.

Prior to establishing KCC, Jonathan was a corporate-restructuring attorney with Kirkland & Ellis LLP in the firms Chicago office, as well as at Pachulski, Stang, Ziehl, Young & Jones P.C in Los Angeles. In his previous positions, Jonathan represented numerous debtors in their restructuring efforts including: United Artists Theatre Corp.; Babcock & Wilcox; Harnischfeger Industries, Inc.; and Indesco International, Inc.

Jonathan began his professional career as the Judicial Law Clerk to the Honorable Geraldine Mund, United States Bankruptcy Judge, Central District of California (Los Angeles).A frequent guest speaker at industry events, Jonathan has spoken at gatherings of the National Conference of Bankruptcy Judges and the American Bankruptcy Institute. He lectures on a regular basis at Northwestern University School of Law, Chicago Kent College of Law and the University of California at Los Angeles School of Law.

Jonathan is the author of Pre-petition Capital Contributions: The Road to Equitable Treatment in Bankruptcy, 3 Columbia Business Law Review 403 (1999) and Recovering Avoidable Transfers under Section 550 of the Bankruptcy Code: Defining for the benefit of the estate, 72 Chicago-Kent Law Review 589 (1996). His thoughts and perspectives have been profiled in leading industry publications such as American Lawyer, The Deal, Daily Bankruptcy Review and Turnarounds & Workouts.Admitted to practice law in California and Illinois, Jonathan earned his Juris Doctor from Chicago-Kent College of Law. He graduated with distinction from the University of Michigan where he earned a Bachelor of Arts degree in Political Science.

Validating Distressed Security Portfolios: Year-End Price Validation and Risk Assessment

Sun Jul 6 06:00:01 EDT 2008

Title : Validating Distressed Security Portfolios: Year-End Price Validation and Risk Assessment

Identify potential risks and opportunities in your portfolio of distressed and high yield securities while also validating year-end marks.

With the Audio CD from this conference (recorded February 2, 2006), you will receive multiple references of year-end marks to assess and validate against your own holdings.

Steve Gidumal  an expert on distressed securities and a successful portfolio manager himself  will discuss and provide marks for at least 1,300 bonds, preferred stock and equity securities.

In just 90 minutes, Steve will

Analyze the spectrum of distressed and high yield securities traded in 2005, identifying where the bond market, bank debt market, equity markets and credit default swap markets offer dramatically different levels of credit risk

Spotlight securities carrying one label (such as a "secured bond") but that are actually due to on-going or expected restructuring events securities in a different skin (for example, those soon to be converted into equity)

Reveal the risks behind securities that feature high degrees of price leverage (from either a long or short standpoint), generating a higher than expected risk volatility profile.

Special Bonus: Exclusive Reference Guide
With your purchase of the Audio CD recording, you also will receive a 50-page written reference guide to more than 1,300 active bonds, preferred stocks, and equity securities in the distressed and high yield investment market. Part of the guide will illustrate securities with unusual price leverage as well as those experiencing inconsistent pricing between the debt and equity markets. This exclusive guide is not available separately.

Who will benefit from the Audio CD Recording:

Fund-of-funds hedge fund managers with distressed or event-driven managers in their portfolios

Risk managers

Professionals responsible for confirming exposures and prices within distressed or event-driven portfolios.

Steve Gidumal
Virtus Capital LP

Steve Gidumal is the President and Managing Partner of Virtus Capital LP in New York City. He has a track record of more than 10 years of successful portfolio management. Steve has been the featured speaker at the national series of Distressed Investing conferences (produced by Renaissance American Management, Inc., and the Beard Group), where he annually receives accolades for his insights and clear explanations of the most critical developments in distressed investing. He is a graduate of the University of Pennsylvania and Harvard Business School, where he was a Baker Scholar.

Dana's Chapter 11 Filing

Sun Jul 6 06:00:01 EDT 2008

Title : Dana's Chapter 11 Filing

Prospects, Opportunities and Risks

With assets of $7.9 billion and debt of $6.8 billion, Dana Corporation is a 102-year-old icon of the automotive supply chain and the world's largest maker of light-truck axles. The company has suffered several setbacks in recent months, including a federal accounting probe, declining business from its two biggest customers Ford and GM and higher raw material costs.

In this 90-minute audio CD recording (recorded March 9, 2006), three of the nation's leading Chapter 11 legal and financial experts examine the rewards and risks arising from Dana's recent bankruptcy filing the third largest automotive industry bankruptcy in history and the first under the new bankruptcy code.

You will learn from:

Hugh M. Ray, head of the bankruptcy practice of the national law firm of Andrews Kurth LLP

- Harvey L. Tepner, partner with Compass Advisers, an international investment banking partnership and leading specialist in corporate restructuring

Peter S. Goodman, partner in the New York City office of Andrews Kurth LLP

You will receive:

News and developments about the case

Profile of the company its strengths and weaknesses and what factors triggered the filing

Profile of the Dana management team what are their plans and visions for the restructured company?

Report on Dana actions to reduce debt and strengthen its balance sheet what assets might be for sale?

List of major creditors, including first and second lien note holders

Impact on Dana's businesses in Europe, South America, Asia, Mexico and Canada

Review of the debt structure

Key players in the case and what slots remain unfilled

Update on the SEC investigation of Dana's financial practices

Current and prospective sources of financing during reorganization

Who Will Benefit:
Managers of hedge funds, private equity companies, and other distressed investors and lenders who need timely and authoritative information to evaluate business opportunities generated by the Dana filing. Attorneys, professional advisors and representatives of creditor companies also will benefit from the facts, insights and advice presented at this well-timed and valuable audio conference.

Image Not Available	Harvey L. Tepner Compass Advisers
Harvey L. Tepner is a partner with Compass Advisers LLP, an international investment banking partnership and leading specialist in corporate restructuring. He joined Compass' New York office in 2002 to provide investment banking services in connection with bankruptcies, corporate restructurings, and the acquisition and sale of troubled companies. Prior to joining Compass, he founded Loeb Partners Corporation's investment banking and restructuring group, which subsequently merged with Compass.
	Hugh M. Ray Andrews Kurth LLP
Hugh M. Ray heads the national bankruptcy practice of Andrews Kurth LLP. Based in Houston, TX, Mr. Ray has represented trustees, debtors, creditors' committees, unsecured creditors, lenders and bondholders in several of the nation's major bankruptcy proceedings. He has testified before Congress concerning proposed amendments to the Federal Bankruptcy Code. In addition, he was invited to participate in leading a presentation before the National Bankruptcy Review Commission, which was appointed to draft bankruptcy law proposals and report to Congress.
	Peter S. Goodman Andrews Kurth LLP
Peter S. Goodman is a partner in the New York City office of Andrews Kurth, where his practice focuses on corporate insolvency and bankruptcy law. He represents and counsels national and international companies, individuals, debtors, trustees, creditors and creditors' committees, bank groups, bondholders and significant shareholders in complex reorganization proceedings.

Executive Pay at Tax-Exempt Organizations: How Much is Too Much?

Sun Jul 6 06:00:01 EDT 2008

Title : Executive Pay at Tax-Exempt Organizations: How Much is Too Much?

Real-World Guidelines for Compensation Committees

Like never before, it's open season on nonprofits. And one of the chief targets is executive compensation.

Recently nonprofit organizations have been targeted by IRS audits, Senate Finance Committee investigations, GAO surveys, and dozens of media reports  all questioning the legitimacy of their tax-exempt statusand most focusing on claims of excessive executive salaries and perks.

How do you show the authorities you're exercising effective and independent oversight of executive pay  and still compete for top executive talent? What practices are under fire, and how can you proactively respond? Do you know if your compensation decisions fall within the lines of acceptable practice?

Order the Audio CD recording of this program (recorded October 2006), and let one of the nation's top legal experts on executive compensation explain to you and an unlimited number of your staff

Current government enforcement programs and priorities * what those programs are uncovering * what lessons nonprofits can learn from them

Practical strategies for timely, complete, and smart reporting of executive compensation on your Form 990s

Disclosure issues including how, when, why and whether to disclose executive pay and benefits to the full Board

Documentation and detail how to better prepare and justify your executive compensation practices

Who Will Benefit:
This practical program is designed for healthcare and other tax-exempt organization leaders, attorneys, physicians, board members, CEOs, CFOs, compensation committee members, and other managers of executive and employee benefits.

Ralph E. DeJong
McDermott Will & Emery LLP

Ralph E. DeJong is a Partner in the Chicago office of McDermott Will & Emery LLP, where his law practice focuses on the compensation, executive benefits, and employee benefits of tax-exempt organizations.

In his practice Ralph designs and prepares deferred and incentive compensation arrangements, leads governing boards in the review and approval of executive/physician compensation arrangements, and negotiates and prepares executive/physician employment agreements. He has addressed national conferences of the American Health Lawyers Association, the American Academy of Healthcare Attorneys, the Healthcare Financial Management Association, and many others. He also is currently an Adjunct Assistant Professor at the University of Notre Dame Law School, where he teaches Employee Benefits Law.

Surge of Deepening Insolvency Claims

Sun Jul 6 06:00:01 EDT 2008

Title : Surge of Deepening Insolvency Claims

Increased Risks for Managers, Advisors and Lenders of Troubled Companies

The claim of deepening insolvency  where officers, directors, lendors, accountants, auditors or other parties are held responsible for wrongfully prolonging the life of a company  is growing exponentially in bankruptcy courts.

Currently more than 40 cases at both state and federal levels say the defendants either negligently or fraudulently extended the life of a business, causing damage to creditors or other interest holders.

Is there a legal dividing line between trying to save a troubled company versus making the situation worse? Could the claim of deepening insolvency negatively impact the very professionals most companies need when facing financial distress?

Order this Audio CD (recorded in late January 2006) and discover if you or your clients are at risk  or if deepening insolvency offers you a powerful new weapon to protect creditors' interests. In just 90 minutes, you will learn

Real-world, simplified definition of Deepening Insolvency is it a cause of action, a theory of damages, or something else?

How has the claim evolved and what's behind its recent growth spurt?

The 3 essential elements of a deepening insolvency claim

Who's at greatest risk? Potential targets of claims and how the courts are (or aren't) acknowledging them

Is there any guidance on calculating the amount of damages?

Potential defenses to deepening insolvency claims

Status report on major cases you should monitor

Impact of the new Bankruptcy Code. Does BAPCPA clarify anything? Will it trigger more or less claims?

You'll also receive a comprehensive outline of the speaker's presentation and a list of the most important case citations.

Luis Salazar
Greenberg Traurig P.A.

Described as one of South Florida's "legal elite" by Miami's Daily Business Review, Luis Salazar is a shareholder in the international law firm of Greenberg Traurig. In his practice, he counsels a diverse group of clients through difficult situations from bet-the-company litigation, to surviving severe financial distress, to dealing with the consequences of data breaches.

Luis has led Chapter 11 reorganizations for many well-known companies including Gerald Stevens, Fine Air and Arrow Air, Xpedior, Scient, and others with combined assets exceeding $5 billion. He also has led less well-known reorganizations, work-outs and financial negotiations on behalf of clients in the aviation, money-wiring, food service, import-export, and entertainment fields. He currently serves as the Co-Chair of the International Insolvency Committee of the American Bankruptcy Institute.

His representation of troubled internet companies during the dotcom era led Luis to draft and propose The Privacy Policy Enforcement in Bankruptcy Act of 2001, which prohibits bankrupt companies from misusing consumers' private information. The Act is also the first law to require the appointment of a Consumer Privacy Ombudsman to protect the privacy rights of consumers. Luis has since been appointed by the Department of Justice as Consumer Privacy Ombudsman in the Tweeter Audio and Foxtons bankruptcy cases.

Changes to Cross-Border Insolvencies

Sun Jul 6 06:00:01 EDT 2008

Title : Changes to Cross-Border Insolvencies

Opportunities and Perils under the New Chapter 15

For those of you concerned about the impact of the new Bankruptcy Code on cross-border insolvencies, you many now purchase the Audio CD Recording of this timely 90-minute audio conference.

Recorded in November 2005 and presented by one of the nation's top international bankruptcy experts, this program will help you and your staff discover:

How the new Chapter 15 -- adopted under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) -- makes the U.S. code more compatible with other international regulations and proceedings
How courts will determine whether a proceeding is a foreign main proceeding or a foreign nonmain proceeding and how the distinction will have a substantial impact on case administration
The types of enterprises that will be precluded from filing under the new Chapter 15
Enhanced roles and responsibilities of foreign representatives
Hidden opportunities for both debtors and creditors under this new law

Evan C. Hollander
White & Case

Evan C. Hollander is a partner with White & Cases bankruptcy and restructuring group in New York City. He regularly represents both debtors and creditors in complex Chapter 11 cases and out of court restructurings as well as parties interested in acquiring assets of troubled companies. Evan's practice also focuses on the structuring of commercial transactions to reduce or eliminate risk and on the preparation of insolvency related legal opinions.

Recent representations include: numerous aircraft finance parties in the Northwest Airlines and Delta Airlines bankruptcy cases; Deutsche Bank Trust Company Americas, as Administrative Agent in respect of the restructuring of two credit facilities secured by sixteen Boeing 747 freighter aircraft operated by Atlas Air, Inc.; Wilmington Trust Company, in its capacity as Indenture Trustee for in excess of $24 billion of senior unsecured WorldCom bonds and as a member of the Official Committee of Unsecured Creditors in the WorldCom bankruptcy; BNY Western Trust, as Indenture Trustee for in excess of $3.6 billion of First and Refunding Mortgage Bonds of Pacific Gas and Electric Company; the senior secured lenders of The Resort at Summerlin, L.P., the owner and operator of The Regent Las Vegas, a luxury hotel, casino and spa complex in Las Vegas, Nevada; Environmental Systems Products Holdings, Inc., a multinational emissions testing and equipment manufacturer in the out-of-court restructuring of in excess of $600 million of senior secured and unsecured subordinated debt obligations of the company, and in the subsequent refinancings of the restructured debt; the debenture holders of Innovative Clinical Solutions, Ltd., a publicly traded clinical trials and healthcare network management company in connection with the company's pre-packaged Chapter 11 plan; the senior secured lenders of InaCom Corp., which had been a leading single-source provider of information technology products and technology management services, in the company's liquidating Chapter 11 case; the senior secured lenders of Philip Services, Inc., in the US/Canadian restructuring of the integrated metals recovery and industrial services company pursuant to Chapter 11 of the U.S. Bankruptcy Code and the Canadian Companies Creditors' Arrangement Act; and International Wireless Communications Holdings, Inc., an owner of interests in various cellular and other wireless telecommunications companies in Asia and Latin America in its Chapter 11 reorganization.

Distressed Real Estate under BAPCPA

Sun Jul 6 06:00:01 EDT 2008

Title : Distressed Real Estate under BAPCPA

Roadmap to the New Bankruptcy Code

For those of you concerned about the impact of the new bankruptcy law on commercial real estate landlords and tenants, you may now purchase the Audio CD Recording of this timely 90-minute audio conference,

Recorded in November 2005 and presented by two of the nation's top bankruptcy and real estate experts, this program will help you and your staff discover --

- Tenant cures of non-monetary defaults
- New bright line deadline for assuming leases of commercial real property
- Revised rejection damages based on leases previously assumed by a debtor
- Deadlines for filing reorganization plans
- Enforceability of restrictive use clauses
- New rules for individual tenants
- Strategies for commercial landlords in this new environment
- And much more.

	Susan Barnes (Collins) de Resendiz
Susan Barnes (Collins) de Resendiz is counsel in the Corporate Restructuring and Financial Institutions Practice of Gardner Carton & Douglas, LLP, in Houston, Texas. Over the course of her years in practice, she has been involved in a number of large insolvencies, both as debtor's and creditors' counsel, including UAL Corp., Asarco, Kmart, Vanguard Airlines, Atlas Air, National Benevolent Association, Revco, LTV, and others. She has been listed in The Best Lawyers in America and was the first woman chair of the Banking, Bankruptcy and Commercial Law Committee of the Ohio State Bar Association. She is co-authoring a new book on Bankruptcy and Commercial Landlords for the Beard Group.
	Tracy L. Treger Gardner Carton & Douglas
Tracy L. Treger is partner in the Chicago office of Gardner Carton & Douglas, LLP, where her practice concentrates primarily on commercial bankruptcy, creditors rights and financial restructuring with an emphasis on creditor, landlord and indenture trustee representations. In the real estate arena, she has particularly extensive bankruptcy experience representing commercial landlords in large retail cases including Edison Brothers Stores, Garden Botanika, Fannie May Candies, and Montgomery Ward. She has also represented the owners of office buildings in bankruptcies of tenant lessors, as well as debtors in single asset real estate cases. She currently is representing indenture trustees in the Mirant Kmart, and UAL cases. She is co-authoring a new book with Susan de Resendiz on Bankruptcy and Commercial Landlords, to be published by the Beard Group.

Coming Changes in Small Business Bankruptcy

Sun Jul 6 06:00:01 EDT 2008

Title : Coming Changes in Small Business Bankruptcy

New Deadlines, Dilemmas and Decisions under BAPCPA

For those of you concerned about the impact of the new bankruptcy law on small business insolvencies, you can now purchase the Audio CD Recording of this timely 90-minute audio conference.

Recorded in late October 2005 and presented by one of the world's top bankruptcy experts, this conference covers --

How the new Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA)  effective October 17, 2005  changes Chapter 11 filings for small businesses
New strict deadlines you must meet for filing reorganization plans
Mandatory financial reports you must prepare under the new 1116
Perils of not filing the proper forms  new expanded rules courts can use to dismiss Chapter 11 filings
New reclamation remedies and utility service provisions that could handicap small businesses
How the new law defines a small business  and what loopholes are available

Experts agree BAPCPA has potentially dire consequences for entrepreneurs, independent contractors, and self-employed people  particularly those who use bankruptcy relief to survive a lean business cycle. Purchase this unique Audio CD Recording to ensure you're ready for all the turmoil likely to be unleashed by this massive new 500-page law.

Outline/Agenda for Audio Conference:

1. Definitions of "Small Business" Chapter 11 Cases
2. Changes in Disclosure Statement Requirements
3. Reporting Requirements for Small Business Debtors
4. Duties of Debtors (and Trustees) in Small Business Cases
5. Filing and Confirmation of Plan of Reorganization
6. Duties of the U.S. Trustee in Small Business Cases
7. Dismissal or Conversion of Small Business Debtor Chapter 11 Cases
8. Serial Filing and Automatic Stay

Stephen B. Selbst
McDermott Will & Emery

Stephen Selbst is a partner in the law firm of McDermott Will & Emery and head of the firms New York bankruptcy practice. He has represented debtors, secured creditors, bondholders and distressed investors in Chapter 11 cases for more than 20 years.

In recent engagements, he served as co-counsel to Parmalat USA in its successful reorganization, and he currently serves as counsel to St. Vincents Catholic Medical Centers of New York and to AMBAC Assurance Corp. in the Delta Airlines case.

Deepening Insolvency Widening Controversy: Current Risks, Latest Decisions

Sun Jul 6 06:00:01 EDT 2008

Title : Deepening Insolvency Widening Controversy: Current Risks, Latest Decisions

Review Risks, Examine Latest Decisions Affecting Directors, Advisors and Lenders of Troubled Companies

The claim of deepening insolvency  where officers, directors, lenders, accountants, auditors or other parties are held responsible for wrongfully prolonging the life of a company  continues to be a lightening rod of controversy for bankruptcy courts.

New decisions coming out of Delaware and the Third Circuit reject deepening insolvency as a cause of action, yet dozens of cases at both state and federal levels continue to claim the defendants either negligently or fraudulently extended the life of a business, causing damage to creditors or other interest holders.

Is there a legal dividing line between trying to save a troubled company versus making the situation worse? Could the claim of deepening insolvency negatively impact the very professionals most companies need when facing financial distress?

Learn from this Audio CD Recording (recorded October 2006) and discover if you or your clients are at risk  or if deepening insolvency offers you a powerful new weapon to protect creditors' interests. In just 90 minutes, you and an unlimited number of your staff will learn

Real-world, simplified definition of Deepening Insolvency is it a cause of action, a theory of damages, or something else?

What's behind the business judgment rule applied in the recent Delaware Chancery Court decision?

The 3 essential elements of a deepening insolvency claim

Who's at greatest risk? Potential targets of claims and how the courts are (or aren't) acknowledging them

Is there any guidance on calculating damages?

Potential defenses to deepening insolvency claims

Status report on major active cases you should monitor

Impact of the new Bankruptcy Code. Has BAPCPA clarified anything?

Your instructor is Luis Salazar, a member of Greenberg Traurig's national Business Reorganization and Bankruptcy Department. He represents various public and private companies in their successful Chapter 11 reorganizations, as well as unsecured and secured creditors in all types of insolvency proceedings. He has written and lectured extensively on deepening insolvency theory and practice.

Luis Salazar
Greenberg Traurig P.A.

Calpine's Chapter 11 Filing

Sun Jul 6 06:00:01 EDT 2008

Title : Calpine's Chapter 11 Filing

Prospects, Opportunities and Risks

Now that Calpine Corp., the largest issuer of junk bonds last year, has filed for bankruptcy protection, hundreds of questions  as well as tantalizing investment and business opportunities  are emerging.

Investors, turnaround specialists, creditors and professional advisors are scrambling to identify the rewards and risks arising from the one of the largest Chapter 11 filings ever. With assets of $26.6 billion, Calpine is the biggest U.S. owner of natural-gas fired power plants. What's more, Calpine and its subsidiaries have a complex system of secured and unsecured borrowings that present multiple layers of prospects for savvy investors.

Now you can get the timely, accurate information you need to make smart business decisions by purchasing the Audio CD Recording of this audio conference. The conference was recorded in early January 2006 and presented by a team of nationally recognized experts who have been monitoring Calpine's financial health and operations since well before the Dec. 20 filing.

You'll receive

Latest news and developments about the case, including First Day Orders, KERPs, Disclosure Statements, and more

Profile of the company its strengths and weaknesses and what factors triggered the filing

Profile of the new Calpine management team what are their plans and visions for the restructured company?

Report on Calpine actions to reduce debt and strength its balance sheet what assets might be for sale?

List of major creditors, including first and second lien note holders

Review of the debt structure

Impact of the filing on Calpine subsidiary operations

Key players in the case and what slots remain unfilled

Current and prospective sources of financing during reorganization

Who Will Benefit:

Managers of hedge funds, private equity companies, and other distressed investors and lenders who need timely and authoritative information to evaluate business opportunities generated by the Calpine filing. Attorneys, professional advisors and representatives of creditor companies also will benefit from the facts, insights and advice presented at this well-timed and valuable Audio CD Recording.

Image Not Available	David Ying Evercore Partners
David Ying is a Senior Managing Director of the firm's corporate advisory business and is co-head of the firms restructuring practice. He was for two years a Managing Director of Miller Buckfire Ying & Co., LLC, a boutique restructuring advisory firm, where he was the lead financial advisor/investment banker in the Mirant bankruptcy proceedings. Before that he spent six years as a Senior Managing Director of JLL Partners, a private equity investment firm that invests in turnaround situations. Prior to that, he led restructuring groups at Donaldson Lufkin & Jenrette, Smith Barney and Drexel Burnham Lambert. Restructurings with which Mr. Ying was associated include Aurora Foods, Interstate Bakeries Corporation, Oakwood Homes, Pegasus Satellite Communications, Morrison Knudsen, Grand Union and Advantica.
	Hugh M. Ray Andrews Kurth LLP
Hugh M. Ray heads the national bankruptcy practice of Andrews Kurth LLP. Based in Houston, TX, Mr. Ray has represented trustees, debtors, creditors' committees, unsecured creditors, lenders and bondholders in several of the nation's major bankruptcy proceedings. He has testified before Congress concerning proposed amendments to the Federal Bankruptcy Code. In addition, he was invited to participate in leading a presentation before the National Bankruptcy Review Commission, which was appointed to draft bankruptcy law proposals and report to Congress.
	Paul N. Silverstein Andrews Kurth LLP
Paul N. Silverstein is a Partner in the bankruptcy practice of Andrews Kurth, based in the firm's New York City office. He has been the lead attorney in Andrews Kurth's role as counsel to the creditors' committee in the Mirant bankruptcy case. His practice includes the representation of official and ad hoc committees, significant strategic and financial investors and debtors/issuers in Chapter 11 reorganizations and out-of-court restructurings. Andrews Kurth has grown its bankruptcy practice to be the largest in the state of Texas and the seventh largest in the U.S.

Healthcare Bankruptcy Reforms

Sun Jul 6 06:00:01 EDT 2008

Title : Healthcare Bankruptcy Reforms

New Code Requirements for Healthcare Providers

For those of you concerned about the impact of the new bankruptcy law on healthcare businesses, you may now purchase the Audio CD Recording of this timely 90-minute audio conference.

Recorded in December 2005 and presented by one of the nation's top healthcare bankruptcy experts, this program will help you and your staff will discover --

How the new Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) defines for the first time ever in the bankruptcy world healthcare businesses, patients, and patient records

New rules governing how you dispose of patient records. What happens when there's not enough money to pay for record storage?

Step-by-step procedures for legally disposing patient records while meeting all HIPAA confidentiality rules

Recognized costs of closing a healthcare business what you can expect the courts to approve and disapprove

Important new role of the Healthcare Ombudsman qualifications, duties and powers of this new patient advocate

How to meet your new duties to relocate or transfer patients

The new HHS exception from the automatic stay. Does it give the Department of Health and Human Services expanded debt collection powers against a healthcare debtor?

And much more.

Program Outline/Agenda:

1. New Healthcare Definitions
2. Disposal of Patient Records
- Insufficient funds to pay for storage of patient records
- Procedure for disposal of patient records
3. Costs of Closing Healthcare Business as Administrative Expense
4. Appointment of Healthcare Ombudsman
- Duties and powers of ombudsman
- Confidential information
- Compensation
5. Duty to Transfer Patients
- Place of relocation
- Trustee's duty
6. Effect on the Automatic Stay

Stephen B. Selbst
McDermott Will & Emery

When Tenants File -- A Landlord's BAPCPA Survival Guide

Sun Jul 6 06:00:01 EDT 2008

Title : When Tenants File -- A Landlord's BAPCPA Survival Guide

Confronting Today's Lease Rejection, Assumption and Assignment Strategies

Despite bankruptcy reform, commercial landlords continue to incur large losses in retail Chapter 11 cases.

Now more than ever  when their tenants file for bankruptcy  landlords should expect highly accelerated proceedings that offer precious little time to hire new counsel, review pleadings and make informed decisions. The recent Musicland case, which will serve as revealing case study for much of this audio conference, is evidence of the brutal new world facing landlords.

With this timely and convenient Audio CD (recorded May 2006), you'll receive expert analysis and insights from David R. Kuney, partner with the national law firm of Sidley Austin LLP. He will explain landlord and tenant legal rights under the new Bankruptcy Code and  more importantly  outline key strategies for protecting those rights and preserving your bottom line.

In just 90 minutes, you and an unlimited number of your staff will examine

The story of Musicland a red flag for today's landlords

What to expect anatomy of a bankruptcy strategy from a tenant's perspective

Choice of venue why landlords should be concerned

New code provisions designed to increase landlords' leverage

Analysis of motions aimed to deflate that leverage

Important new lease rejection strategies

Prudent use of designation rights

DIP provisions and their drain on landlords' power

Due process hard-ball dealing with the shortened time to respond

Finality and the lack of appeal in section 363 sales

Use of omnibus motions and pre-packaged objections

Proven strategies for dealing with the hyper-aggressive case

David R. Kuney
Sidley Austin LLP

David R. Kuney is a partner in the Washington, D.C., office of Sidley Austin LLP. He represents both debtors and creditors in complex Chapter 11 cases, including complex partnership cases, retail bankruptcies, real estate bankruptcies and corporate cases. He has also had extensive litigation and appellate experience and has served as lead counsel in both jury and non-jury civil matters throughout the United States.

David is an adjunct professor at the Georgetown University Law School, where he teaches a class on Bankruptcy and Creditors Rights. Hes been ranked in Chambers USA as a Leading Bankruptcy Attorney in Washington and as an intellectual leader in bankruptcy law.

BAPCPA One Year On: Lessons Learned and Outlook

Sun Jul 6 06:00:01 EDT 2008

Title : BAPCPA One Year On: Lessons Learned and Outlook

Hits and Misses in the New Code's Rookie Year

Landmark legislationcomplex and technicalpoorly writtena love letter to lenderseven unconstitutional  BAPCPA in its first year has been called many things by proponents and critics alike.

But no matter what you call it, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 has been undeniably the most sweeping reform of the bankruptcy system since the passage of the Bankruptcy Code in 1978.

Now two of the country's top legal minds  Stephen Selbst, head of McDermott Will and Emery's New York bankruptcy practice, and the Honorable Louis M. Phillips, retired Chief Judge of the U.S. Bankruptcy Court for the Middle District of Louisiana  provide a first-year report card and expert commentary on BAPCPA's repercussions in several key areas of business bankruptcy practice.

With this audio CD (recorded late September 2006), you and your staff will examine the new Code's intent and latest court interpretations in

- Key employee retention programs  are traditional KERPs dead?

Debtor's exclusive periods and filing plans of reorganizations

Small business cases have the gloom-and-doom predictions come true?

Non-residential real property leases

Single-asset real estate cases better or worse after BAPCPA?

Utility deposits has there been a big impact on the protection of the automatic stay?

Preference actions just out is the first published decision interpreting the preference provisions for an "ordinary course of business" defense. What can we learn from it?

Health care are the reforms working?

And more

	Stephen B. Selbst McDermott Will & Emery
Stephen Selbst is a partner in the law firm of McDermott Will & Emery and head of the firms New York bankruptcy practice. He has represented debtors, secured creditors, bondholders and distressed investors in Chapter 11 cases for more than 20 years. In recent engagements, he served as co-counsel to Parmalat USA in its successful reorganization, and he currently serves as counsel to St. Vincents Catholic Medical Centers of New York and to AMBAC Assurance Corp. in the Delta Airlines case.
	The Honorable Louis M. Phillips Partner, Gordon Arata McCollam Duplantis & Eagan LLP
The Honorable Louis M. Phillps is the retired Chief Judge of the United States Bankruptcy Court for the Middle District of Louisiana. During his tenure, he authored numerous opinions of first impression of Louisiana state law and bankruptcy law, and was the author of a number of opinions that ultimately were adopted by the Fifth Circuit and other courts as the law of those courts. He also presided over the first conversion to a totally electronic filing and docketing system within the Federal Courts of the United States. Now he is a partner with the law firm of Gordon, Arata, McCollam, Duplantis & Eagan, LLP, in Baton Rouge. There he serves as the leader of the firm's Insolvency and Bankruptcy Practice Group. Since 1988, Judge Phillips has held the position of Adjunct Assistant Professor of Law at the Louisiana State University Law Center. He also is the permanent chair of the annual Bankruptcy Law Seminar sponsored by the Louisiana State University Center for Continuing Professional Development, a program he developed and has chaired since 1995. He is a contributing editor to the Norton Bankruptcy Law and Practice 2nd, and is the author of many articles for law reviews and other periodicals.

Hospitals in Financial Crisis

Sun Jul 6 06:00:01 EDT 2008

Title : Hospitals in Financial Crisis

Strategies to Combat Insolvency

Battling increasing governmental regulation, surging medical malpractice claims and reduced reimbursement rates, hospitals and other health care providers in the United States are being faced with an insolvency crisis of mounting proportions.

This growing problem has impacted both the not-for-profit and for-profit hospital sectors alike. Addressing the underlying issues which often causes the financial downturn precipitating insolvency, Burton S. Weston and Afsheen A. Shah, attorneys with the law firm of Garfunkel, Wild and Travis, PC, will highlight current trends in healthcare insolvencies while also discussing strategies which can be implemented by other healthcare providers to prevent similar outcomes from occurring in their facilities.

Topics Include:

Changing Demographics and the Effect on Urban Hospitals

The Effect of Declining Reimbursement Rates

The Underfunding Crisis in New York

The Controversy and Impact of the Berger Commission Report

Strategies to Combat Insolvency

Who Will Benefit:
This program is designed for chief executives, chief financial officers, management, board members, senior medical members, general counsel and all staff members involved in the administration of hospitals and healthcare providers.

Afsheen Shah
Garfunkel, Wild & Travis, P.C.

Afsheen Shah is an associate at Garfunkel, Wild & Travis, P.C., which she joined in 2003. She is a member of the firms Corporate Reorganization and Bankruptcy Practice Group, which advises clients on bankruptcy related issues.

Ms. Shahs practice is focused in the areas of creditor rights, workouts, business acquisitions and restructurings. She has represented various businesses, hospitals, landlords and creditors committees.

Prior to joining the firm, Ms. Shah was an associate at Certilman Balin Adler & Hyman, LLP, where she participated in various bankruptcy and foreclosure related matters, including the representation of banks, landlords and Chapter 7 Trustees.

Carve-Out Agreements

Sun Jul 6 06:00:01 EDT 2008

Title : Carve-Out Agreements

Latest Status and Strategies to Protect Your Claims

Carve-out agreements that benefit unsecured creditors  often at the expense of secured creditors  are becoming more common but still remain controversial and contentious.

Are carve-outs here to stay? Why do courts continue to approve them when many believe they violate the spirit if not the law of the Bankruptcy Code?

Purchase this Audio CD (recorded in late September 2007) to learn the fall-out from the latest court decisions and examine strategies Chapter 11 creditors  secured and unsecured  are using to protect their interests.

You'll cover:

Carve-out agreements  what they are and how they've evolved
Challenges and settlements available to creditors' committees
Provisions for by-passing priority creditors
Validity of carve-out agreements: SMP Manufacturing and its progeny
Flaws and unresolved issues in decisions approving SMP carve-out agreements
Limitations on carve-out agreements
Practical problems implementing carve-outs
Who distributes funds after a Chapter 11 case is converted to Chapter 7?
Distribution of carve-out funds under a Chapter 11 plan of reorganization  will the courts confirm a plan that doesn't pay senior claims in full?
Strategies for today's secured and unsecured creditors

	David E. Beker Schwartz Cooper
David E. Beker is an attorney at Schwartz Cooper and a member of the firm's Banking and Bankruptcy Department, where he represents debtors, creditors' committees, individual creditors, and trustees in bankruptcy matters and out-of-court workouts nationwide. His experience representing debtors ranges from large public corporations to local businesses. On the creditor side, David has represented a wide range of secured and unsecured creditors, including financial institutions, trustees, hedge funds, landlords, critical vendors, general contractors, and subcontractors. In his representation of financial institutions in bankruptcy matters, he routinely provides advice on issues related to workouts and loan restructurings, DIP financings and use of collateral by business debtors, and disposition of collateral pursuant to either Article 9 of the Uniform Commercial Code or Section 363 of the Bankruptcy Code.
	Richard M. Bendix, Jr. Schwartz Cooper
Richard M. Bendix, Jr., heads up Schwartz Cooper's Bankruptcy, Insolvency & Creditors' Rights practice. He uses his understanding of bankruptcy laws to devise creative solutions to his clients' complex legal and financial problems. Among his major cases was the successful reorganization of 203 N. LaSalle Street Limited Partnership--one of the largest single real estate cases ever filed--where he had the opportunity to argue before the U.S. Supreme Court. Richard also played a significant role in the reorganization of UNR Industries, Inc., the first company to file Chapter 11 in a respect to mass tort (asbestos) litigation.

Gainsharing -- Medical Cost Control through Collaboration

Sun Jul 6 06:00:01 EDT 2008

Title : Gainsharing -- Medical Cost Control through Collaboration

Success Stories of Hospital-Physician Shared Savings

Throughout the U.S., gainsharing plans  rewarding physicians for measurable cost savings  are on the upswing.

Hospitals and physicians are successfully collaborating on arrangements that align incentives, improve the quality of care, and tackle the high costs of devices and supplies. Some hospitals are seeing savings of $600,000 to $4 million per year.

Now two of the nation's top authorities on healthcare gainsharing  Charles Oppenheim of Foley and Lardner and Lani Berman of Goodroe Healthcare Solutions  will show you how healthcare institutions like yours can cut costs and improve efficiencies through shared savings programs.

With this 90-minute Audio CD Recording (recorded May 2006), you'll learn about the federal rules governing gainsharing and receive practical tips for jump-starting your own hospital-physician collaboration. You and an unlimited number of your staff will examine

The pros and cons of gainsharing

3 major criteria OIG (HHS Office of the Inspector General) uses to evaluate properly structured plans

What about Stark? Compliance challenges with CMS

Physician incentive programs that DON'T require OIG approval

Establishing metrics to monitor cost reductions and clinical outcomes

Benchmarking your plan against similar medical facilities

Strategies for educating physicians about true costs and enhancing communication with administration and material managers

Lessons learned on the front lines of gainsharing. How measurable and predictable are the results?

Real-world success stories who's making gainsharing work and how

Who Should Attend:
This practical program is designed for hospital and physician business leaders, CEOs, CFOs, healthcare attorneys, and business development executives.

	Charles B. Oppenheim Foley & Lardner, LLP
Charles B. Oppenheim is a partner with Foley & Lardner LLP. A nationally recognized expert on Stark law issues and a member of the firm's Health Care Industry Team, he focuses his practice on all aspects of transactional, operational and regulatory health care law. For many of the largest health care companies in the U.S., Charles provides counseling on the anti-kickback and Stark laws, creates and implements compliance programs, investigates compliance issues, responds to government enforcement actions, and negotiates settlements for many types of health care providers. He is the author of "Stark Final Regulations: A Comprehensive Analysis of Key Issues and Practical Guide, Third Edition", published by the American Health Lawyers Association.
	Lani Berman, MBA, MPH Goodroe Healthcare Solutions
Lani Berman, MBA, MPH, is a consultant with Goodroe Healthcare Solutions in Atlanta, where she specializes in the development of innovative strategic initiatives including cost and operational efficiencies, hospital-physician economic integration, market assessments and financial modeling. She presents and leads discussions about how to reduce waste by engaging physicians at national healthcare meetings.

Homestead Exemptions under BAPCPA

Sun Jul 6 06:00:01 EDT 2008

Title : Homestead Exemptions under BAPCPA

Who, Where, Why and How

One of BAPCPA's prime targets was the abuse of state homestead exemptions. In the eyes of Congress and the media, too many wealthy individuals had evaded creditors by shielding assets in the form of multi-million dollar estates in Florida, Texas, and other states with favorable homestead exemptions.

Now the magic numbers are $125,000 (in homestead value) and 1,215 (days prior to bankruptcy filing). Are these new limits working? Have fresh loopholes been found? How are the courts interpreting the newly created 11 U.S.C. 522(p) in individual Chapter 11 cases?

On this Audio CD (recorded August 2006), one of the nation's top authorities on homestead exemptions  Scott M. Grossman of Greenberg Traurig, P.A.  explains the changes to state homestead exemptions and updates you on today's legal landscape. In just 90 minutes, you and an unlimited number of your staff will discover

Examples of notorious cases of homestead abuses

BAPCPA provisions for curbing these abuses their original intent and practical application today

Why these changes are important even in states without generous exemptions

The two categories of exemptions compare modest federal exemptions vs. certain broad state exemptions

BAPCPA's new 730-day domicile requirement

Limitations on homestead exemptions resulting from fraudulent asset conversions

Illustrative examples comparing the old law to the new

Additional homestead limitation for bad acts

Problems encountered applying the new 11 U.S.C. 522(p)

Problems with statutory construction of the amendments

Summary of key cases you should know and monitor

Scott M. Grossman
Greenberg Traurig, P.A.

Scott M. Grossman is an attorney in the Miami office of Greenberg Traurig, P.A, where he specializes in bankruptcy, reorganization and restructuring. His practice focuses on bankruptcy litigation matters, drawing on Scotts extensive courtroom experience as a trial attorney in the Attorney Generals Honors Program with the U.S. Department of Justice. His clients have included a Fortune 500 insurance company challenging a former executives state law homestead exemption claims, as well as creditors in adversary proceedings to avoid and recover preferences and/or fraudulent transfers. Scott is a frequent author and speaker on the widespread impact of the homestead exemptions in individual bankruptcy cases.

KERPs and Bonuses under BAPCPA

Sun Jul 6 06:00:01 EDT 2008

Title : KERPs and Bonuses under BAPCPA

New Legal Strategies for Retaining Executives at Troubled Companies

BAPCPA's restrictions on Key Employee Retention Plans (KERPs) and severance plans  designed to level the playing field for executive compensation  have instead created bigger obstacles and uncertainties to successful restructurings.

Congress, in its traditional fashion, has used a meat cleaver for delicate surgery, says Tom Salerno, head of the bankruptcy practice at Squire, Sanders and Demsey and the instructor for this audio CD, recorded November 2006.

Analyzing the impact of Dana, Calpine and other recent KERP decisions, Tom explains the new rules of the game and reveal what clever (and not-so-clever) lawyers are doing to leverage Section 503(c) to their clients' favor.

In less than an hour, you will learn about

The Good Old Days: pre-BAPCPA and the business judgment rule
How pre-BAPCPA cases are still affecting today's KERP thinking
Enter The Politicians (or What Was Congress Thinking?)
      - The Kennedy Amendment and its 2002 origins
What did Congress do: BAPCPA's intent
Overview of restrictions on KERPs and bonuses to insiders
Possible loopholesor, When is a KERP not a KERP? Learn from those who have implemented successful performance benchmarks
Key post-BAPCPA decisions  what we can learn from them
     - Dana Corporation (or what not to do!)
     - Refco, Pliant, Musicland, FLYi, and Nobex
     - Calpine
     - Leaseway Motor Transport, and others
Legal strategies for Chapter 11 debtors and creditors

Thomas J. Salerno
Squire Sanders & Dempsey

Physician Ancillary Joint Ventures

Sun Jul 6 06:00:01 EDT 2008

Title : Physician Ancillary Joint Ventures

Opportunities, Pitfalls and Real-World Lessons Learned

Faced with falling incomes and rising expenses, healthcare providers are turning to new business opportunities to increase practice profits. Perhaps the most promising are a variety of Ancillary Services  including diagnostics, durable medical equipment, ambulatory surgery centers, and ct/angiography services, among others.

These ancillary services are often the result of capital-based and contractual joint ventures with other providers, ancillary service and management companies, and hospitals. Given all these opportunitieswhat are the best ones for your situation? What are the regulatory and tax-related pitfalls must you avoid? What's the best way to structure these deals?

With this audio CD recorded in November 2006, Norton Travis, one of the foremost names in healthcare joint ventures, illuminates the current environment and opportunities for ancillary services.  In less than 90 minutes, you examine the most critical legal and regulatory issues, plus discuss new joint venture opportunities on the near-term horizon.

Topics include

Stark how to stay in compliance

Impact of Fraud and Abuse laws on ancillary services

Tax issues you must consider BEFORE finalizing any agreement

Third-party reimbursement considerations

Licensure/Certificate of Need (CON) issues

State law issues corporate practice of medicine/fee splitting

Who Will Benefit:
This practical program is designed for chief executive, chief finance, and chief operating officers; members of the management team including marketing and business development managers; senior medical staff members, senior physicians, compliance officers, attorneys, consultants, and members of group practices.

Chairman: Norton L. Travis
Garfunkel, Wild & Travis, P.C.

Norton L. Travis is a founding member of the healthcare law firm, Garfunkel, Wild & Travis, P.C. Since 1980, his practice has been devoted solely to representing health care clients, and has focused primarily on transactional matters, including mergers and acquisitions, joint ventures, and related corporate matters.

As Chair of the firms Business Practice Group, Mr. Travis represents both regional and national companies active in diagnostic testing, managed care and other areas. He has also assisted many hospitals in joint ventures with outside businesses to maximize third-party revenue opportunities, while ensuring compliance with state and federal regulatory and tax exemption requirements. His role includes providing assistance on day-to-day operations and business strategies that support his clients growth and development. Mr. Travis also provides counsel on regulatory compliance (e.g., state and federal fraud and abuse, anti-kickback and self-referral laws), antitrust, and third-party reimbursement, as well as other key issues affecting health care businesses. Mr. Travis is listed in the 2006 and 2007 edition of The Best Lawyers in America under the specialty of Health Care Law as well as being recognized by the Chambers USA Guide.

Privacy Rights, Protections and Pitfalls in Bankruptcy

Sun Jul 6 06:00:01 EDT 2008

Title : Privacy Rights, Protections and Pitfalls in Bankruptcy

Meet Your Obligations under BAPCPA and Federal /State Laws

Bankruptcy practitioners are no longer immune from the vast reach of privacy concerns and laws.

The rapidly expanding number of state and federal privacy laws  coupled with the new Bankruptcy Code  are catching troubled companies off-guard, both in out-of-court restructurings as well in actual bankruptcies.

Discover what information protections as well as pitfalls await you in a restructuring or Chapter 11 filing. With this special Audio CD Recording (recorded May 2006), you and an unlimited number of your staff will learn

What you need to know about The Privacy Policy Enforcement in Bankruptcy Act of 2001 (enacted as part of BAPCPA)

How the law defines Personally Identifiable Data

Role of the new Consumer Privacy Ombudsman in bankruptcy cases

Hornet's nest of issues arising from customer lists of insolvent companies.

Interrelationship of BAPCPA with the alphabet soup of other federal, state and international privacy laws  including:

o Electronic Communications Privacy Act (ECPA)
o Fair Credit Reporting Act (FCRA)
o California Financial Information Privacy Act (CFIPA)
o Children's Online Privacy Protection Act (COPPA)
o Health Insurance Portability and Accountability Act (HIPAA)
o  EU Directive on Privacy and Electronic Communications
o and others

Impact of new information sharing requirements. How can creditors' committees keep non-members informed and still protect confidential information?

When can courts exercise their expanded judicial powers to restrict disclosures?

How privacy laws can jeopardize a secured lender's collateral

Role of healthcare privacy provisions in Chapter 11 proceedings not only for medical facilities but for any troubled company with employee healthcare benefits

Rise of privacy and identity theft concerns in bankruptcy filings

Status report on major cases you should monitor

Luis Salazar
Greenberg Traurig P.A.

Role of Board-Level Panels in Sarbanes-Oxley Compliance

Sun Jul 6 06:00:01 EDT 2008

Title : Role of Board-Level Panels in Sarbanes-Oxley Compliance

Post-Enron Preventive Measures for Better Self-Governance

It's official. The SEC now says all publicly owned companies  not just mega-corporations  must develop detailed internal controls required by the Sarbanes-Oxley Act (SOX). And you must implement those controls in less than six months  by mid-December of this year.

A growing number of companies are responding with board-level committees  often called Corporate Compliance Panels  to foster compliance with SOX legal, regulatory and ethical requirements. Proponents say these panels elevate action to the highest levels of the company, ensuring SOX rules are taken seriously and adequate compliance resources are deployed. Detractors say the panels are unnecessary clones of existing audit committees better geared for SOX oversight.

Is a corporate compliance panel right for your company? What other preventive measures are available? Avoid expensive and crippling investigations by learning corporate compliance planning principles and techniques from former federal prosecutor Peter Crane Anderson, partner with the law firm of Shumaker, Loop and Kendrick.

In just 90 minutes, you and an unlimited number of your staff will discover

The basics of corporate compliance panelswhat they are, and why more companies are using them
Unique insights into recent enforcement trendsthe Perfect Prosecutorial Storm?
Why business fraud prosecutions involve blurry lines yet high stakes
What the collective knowledge doctrine means, and how it affects your personal and corporate liability
Why and how healthcare and financial services are leading the way
How to understandand influenceprosecutorial discretion
What factors can increase or decrease potential jail sentences and penalties under federal sentencing guidelines
How to establish a compliance panelassessing risk, meeting legal requirements, and tailoring panels to your specific business operations
How to select panel memberscovering all the bases
How to integrate compliance panels with auditing committees to monitor without meddling
And more

Continuing Legal Education Credits:
This program has been approved for 1.5 MCLEs by the states of California, Texas, and Tennessee.  California and Tennessee are approved jurisdictions under New York's Approved Jurisdiction Policy.

Peter Anderson
Shumaker, Loop & Kendrick

Peter Anderson, partner at Shumaker, Loop & Kendrick, is a former federal prosecutor who leads the firms Corporate Compliance and Business Crimes Defense Team. His principal areas of practice are federal criminal defense and corporate compliance planning.

Peter regularly defends corporations and individuals in federal prosecutions, civil disputes, and administrative violations. His defense and counseling skills are strengthened by his experience as a Trial Attorney in the Environmental Crimes Section of the U.S. Department of Justice (Washington, D.C.), as well as an Assistant U.S. Attorney. Mr. Anderson also received a Special Achievement Award from the Attorney General in 1993.

Distressed Market Opportunities

Sun Jul 6 06:00:01 EDT 2008

Title : Distressed Market Opportunities

Quarterly Roundup of Restructuring Securities, Critical Issues, Current Pricing and Prospects

Discover distressed investment opportunities in the airline, automotive, cable, and dozens of other markets.

In this Audio CD (recorded July 2006), Steve Gidumal  a nationally recognized expert on distressed securities and the President of Virtus Capital Advisors  discusses the Top 50 Gainers and Top 50 Decliners in the 2nd Quarter 2006 market of high-yield securities. In addition, he provides written marks for at least 1,300 bonds, preferred stock and equity securities.

In just 90 minutes, Steve

- Analyzes the spectrum of distressed securities traded in the first quarter of 2006, identifying where the bond market, bank debt market, equity markets and credit default swap markets offer dramatically different levels of credit risk
- Spotlights securities carrying one label (such as a "secured bond") but that are actually  due to on-going or expected restructuring events  securities in a different skin (for example, those soon to be converted into equity)
- Reveals the risks behind securities that feature a high degree of price leverage, generating higher-than-expected risks

Special Bonus  Exclusive Reference Guide:
With your Audio CD recording, you will receive a written Reference Guide to the prices and risks of more than 1,300 active bonds, preferred stocks, and equity securities in the distressed and high yield investment markets.

Part of the Guide ties Credit Default Swap (CDS) prices to the future of the company's stock and its odds of a bankruptcy filing. The Guide highlights securities with unusual price leverage as well as those experiencing inconsistent pricing between the debt and equity markets.

Who Will Benefit:

Fund-of-funds hedge fund managers with distressed or event-driven managers in their portfolios

Risk managers

Professionals responsible for confirming exposures and prices within distressed or event-driven portfolios.

Steve Gidumal
Virtus Capital LP

Reverse Mergersthe New IPO?

Sun Jul 6 06:00:01 EDT 2008

Title : Reverse Mergersthe New IPO?

How to Win the Shell Game and Protect Your Reputation in the Process

With this audio CD recording from April 2006, you and an unlimited number of your staff will discover

What reverse mergers areand how they're shedding their bad reputation

Why there has been such a dramatic increase in the popularity of reverse mergers

Why reverse mergers are attracting so many small companiesare they the new IPO?

Why hedge funds and PIPE investors are such key playersand what they need to know

How to spot bad shellsit's not as easy as you might think

How to leverage changes in SEC policy to ensure your greatest chance of successand remain in compliance

What the new super 8-K filing requirement means, and how to approach it

How SOX is having less effect than expected on smaller public companiesis more relief expected?

One of the nation's leading reverse merger experts David Feldman, founder, managing partner and leader of the corporate and securities group at the law firm of Feldman Weinstein LLP will help you wade through these and other issues so that you can piece together a clearer and more complete picture of the reverse mergers market.

David is considered one of the country's leading experts on reverse mergers, in which a private company becomes publicly traded through a merger with a publicly held "shell" company.

David Feldman
Feldman Weinstein LLP

David Feldman is founder, managing partner and leader of the corporate and securities group at the law firm of Feldman Weinstein LLP.

Davids practice focuses on corporate and securities matters and general representation of public and private companies, investment banks, private equity firms and high net worth individuals both in general representation and in transactional and financing activities of all types. David's work also includes representation of small and middle market private companies in general and transactional matters.

David is considered one of the country's leading experts on reverse mergers, in which a private company becomes publicly traded through a merger with a publicly held "shell" company. Currently writing a book on the subject, he is a frequent public speaker, seminar leader and counsel on issues related to formation, management and acquisition of public shells and implementation of reverse mergers. He has appeared on Bloomberg TV and National Public Radio, and been quoted in the New York Times, Wall Street Journal, Forbes, Entrepreneur, CFO magazine and others. In June 2005 he testified before the SEC's Advisory Committee on Smaller Public Companies.

Successful Healthcare Provider-Payer Arrangements

Sun Jul 6 06:00:01 EDT 2008

Title : Successful Healthcare Provider-Payer Arrangements

New Win-Win Agreements in Light of Recent Antitrust Rulings

With this 90-minute audio CD recording from March 2006, you and an unlimited number of your staff will discover

o A clear, more complete understanding of key antitrust issues
o When physicians can jointly negotiate with health plans
o What distinguishes rule of reason from per se analysesand why this differentiation matters
o When mergers are most likely to attract regulatory scrutiny
o The pros and cons of clinical integrationalong with practical tips and insights
o What the messenger model is, why it has garnered so much attention, and what you need to know before pursuing one
o What the North Texas Specialty Physicians, United v. Advocate, and other key rulings mean
o When pay-for-performance programs workand don't work
o How to approach antitrust claims involving exclusion and physician-owned facilities
o And more

Bob Leibenluft
Hogan & Hartson

Bob Leibenluft's practice is devoted entirely to health and antitrust matters, including counseling and litigation regarding antitrust issues in the health, medical device, and pharmaceutical industries.

Upon completing law school, Bob worked as an Attorney Advisor in the Federal Trade Commissions (FTCs) Office of Policy Planning, concentrating on health and antitrust matters. In 1981, he joined Hogan & Hartson and became a partner in the firm in 1989. He practiced health law at Hogan & Hartson until January 1996 when he rejoined the FTC as Assistant Director for Health Care in the FTCs Bureau of Competition. As head of the FTCs Health Care Division, Bob supervised a 25-30 person staff engaged in the review of mergers, acquisitions and joint ventures involving hospitals, physicians and other health care providers, as well as conduct in the health care and pharmaceutical industries. While at the FTC, he spearheaded development of the FTCs and U.S. Department of Justices most recent policy statements on healthcare antitrust issues. Bob rejoined Hogan & Hartson in September 1998.

Bob writes and lectures extensively on health law topics. His articles on healthcare matters have appeared in Health Affairs, The New England Journal of Medicine, Vanderbilt Law Review, The American Journal of Psychiatry, Business and Health, Pharmaceutical Executive, Medical Device & Diagnostic Industry, and other books and journals. In addition, he serves as Chair of the Health Care Industry Committee of the ABA Antitrust Section.

Employee Benefits and Executive Compensation under the New Code

Sun Jul 6 06:00:01 EDT 2008

Title : Employee Benefits and Executive Compensation under the New Code

Limits and Loopholes for Troubled Companies

New ground rules are now in effect for employees and executives of insolvent or distressed companies.

Under the revised Bankruptcy Code, companies that have filed  or plan to file  for Chapter 11 face much stricter rules governing employee retention plans, bonuses, severances, medical benefits, retirement plans, and more.

Are you on top of these changes? Order this Audio CD (recorded February 2006) and, in just 90 minutes, you can discover

New restrictions on Key Employee Retention Plans (KERPs) what you can expect the courts to approve and disapprove

Three new criteria for justifying retention bonuses

New limits on severance payments potential problems with the new 10 times rule

Why you may want to change the duties of some employees to protect them from insider status

Exclusions and exemptions impacting retirement funds

Protection of retirement benefits for individual debtors

Why the new code should increase money the PBCG, insurance companies and fiduciaries can recover from bankrupt companies

Contributions to employee benefit plans who owns these funds when the employer goes bankrupt?

Important new duties for retirement plan administrators

Who pays for the expenses to administer and terminate employee benefit plans?

Gray areas still to be decided by the courts

And much more

	James M. Sullivan McDermott Will & Emery
Your instructor, James M. Sullivan, is a partner in the New York office of McDermott Will & Emery and a member of the firm's Corporate Department. He concentrates his practice in corporate reorganizations, finance, banking and commercial law. He has extensive experience representing corporations and financial institutions with the restructuring of asset and non-asset based loans.

Fair Market Value of Physician Services

Sun Jul 6 06:00:01 EDT 2008

Title : Fair Market Value of Physician Services

Latest Trends, Newest Concerns, Best Solutions

The growth in physician practice acquisitions  coupled with increasing demand for payments related to medical directorships, call coverage and non-clinical services  make determining the fair market value of physician compensation more critical (and complex) than ever.

Now two of the nation's top authorities on the valuation of compensation  Jeff Sinaiko and Greg Endicott of Sinaiko Healthcare Consulting  demystify the valuation process for physician services and equip you to better manage the negotiation process, achieving superior results and relationships along the way.

With this Audio CD (recorded September 2006), you will examine

Benchmarking physician compensation agreements  how to make sure you're paying fair market rates
Compensation challenges and solutions related to practice acquisitions
Restricted and unrestricted call coverage  latest outlook
Payments for administrative services
Trends in compliant compensation structures  are you at risk?
Other important valuation issues  especially ones that can make or break arrangements such as joint ventures and management services agreements

Who Will Benefit:
This practical program is designed for hospital and physician business leaders, CEOs, CFOs, healthcare attorneys, and business development executives.

	J. Gregory Endicott, CPA/ABV, ASA Sinaiko Health Consulting, Inc.
J. Gregory Endicott, CPA/ABV, ASA, is the Managing Director of Valuation Services for Sinaiko Healthcare Consulting. An experienced financial consultant with extensive business valuation experience in the healthcare industry, Greg is responsible for all aspects of Sinaiko's valuation practice. He joined Sinaiko after serving as an Associate Managing Director of Kroll, Inc., and as a Consulting Manager for Arthur Andersen LLP. Greg has performed a substantial number of valuations for compensation arrangements, acquisitions, divestitures, joint ventures, tax planning, corporate reorganizations and financial reporting.
	Jeff Sinaiko Sinaiko Health Consulting, Inc.
Jeff Sinaiko is President of Sinaiko Healthcare Consulting, Inc., in Los Angeles. He has extensive experience in advising on complex transactions, practice operations, compliance improvement projects and strategic issues, especially in the areas of hospital/physician and for-profit/not-for-profit relationships. Jeffs clients include hospitals, health systems, medical groups, ancillary service providers and other healthcare provider businesses. He also assists such clients with strategic business development projects.

Investing in China -- A Checklist for Identifying and Managing Risks

Sun Jul 6 06:00:01 EDT 2008

Title : Investing in China -- A Checklist for Identifying and Managing Risks

Maximize Opportunities, Limit Risks with Guidance from an Expert in Shanghai

Everyone agrees the investment opportunities in China are vast  but so too are the risks.

With this convenient Audio CD (recorded June 2006), let Brian Smith  the Managing Director of the new Shanghai office of Conway MacKenzie and Dunleavy (CMandD)  help you survive and prosper in China's volatile business climate. He will identify the most successful Chinese markets, operational structures, and manufacturing/distribution regions available today's savvy lenders and investors.

In just 90 minutes, you and an unlimited number of your staff will examine

Why China as opposed to other economic opportunities in Asia?

China-specific challenges and concerns for lenders and investors

Operational structures for maximizing your interests in China

Dealing with legal, regulatory and cultural differences

Geographically where are the best opportunities in China?

Cutting-edge investment opportunities what are the next potential bonanzas in China?

How to manage intellectual property risks

Operational protections and how to implement them

Hot-button due diligence issues legal, financial and operational

Setting priorities what are the keys to success?

Real-world examples of rewarding investment strategies

Brian P. Smith
Conway MacKenzie & Dunleavy

Brian P. Smith is the Managing Director of the Shanghai office of Conway MacKenzie & Dunleavy, internationally known specialists in turnaround and crisis management, performance improvement, and due diligence. Brian has more than 14 years of experience in operations consulting, asset rationalization and capital investment strategies. His particular expertise is in the consumer products market.

Based full-time in China, Brian has successfully implemented international operating strategies for clients who need to transition from traditional manufacturing models to the globally aligned sourcing models dominant in todays retail and consumer products markets.

Prior to joining CM&D, Brian was Managing Director of AECOM facilities in Asia, where he was headquartered in China and advised clients in need of sourcing and/or new manufacturing capacity in the region. Prior to joining AECOM, he was Vice President and Regional Manager of the Facility Group, a U.S./European operations and engineering consulting firm focused on industrial markets. A member of the Turnaround Management Association, Brian has an MBA from the Trium Program at the London School of Economics and New York Universitys Stern School of Business.

High-Yield Opportunities in Distressed Investing

Sun Jul 6 06:00:01 EDT 2008

Title : High-Yield Opportunities in Distressed Investing

Prices and Risks for Portfolio Managers and Investors Quarterly Update

Identify the top opportunities and potential risks available to distressed investors today. Receive multiple references of 1st Quarter 2006 price marks to validate against your own holdings and learn about emerging, potentially lucrative options.

In this 90-minute Audio CD (recorded April 2006), Steve Gidumal  an expert on distressed securities and a successful portfolio manager himself  discusses and provides marks for 1,300 bonds, preferred stock and equity securities.

In addition, Steve

Analyzes the spectrum of distressed securities traded in the first quarter of 2006, identifying where the bond market, bank debt market, equity markets and credit default swap markets offer dramatically different levels of credit risk

Spotlights securities carrying one label (such as a "secured bond") but that are actually due to on-going or expected restructuring events securities in a different skin (for example, those soon to be converted into equity)

Reveals the risks behind securities that feature high degrees of price leverage (from either a long or short standpoint), generating a higher than expected risk volatility profile.

Special Bonus -- Exclusive Reference Guide:
With your Audio CD Recording, you will receive a written Reference Guide (link here to see sample) to the prices and risks of more than 1,300 active bonds, preferred stocks, and equity securities in the distressed and high yield investment markets.

Part of the Guide ties Credit Default Swap (CDS) prices to the future of the company's stock and its odds of a bankruptcy filing. The Guide highlights securities with unusual price leverage as well as those experiencing inconsistent pricing between the debt and equity markets. Industry-specific information includes the Asbestos, Airline, Automotive, Cable, and Energy markets as well as dozens of others.

Click" target=_new>http://www.beardaudioconferences.com/bin/download_file.pl?filename=BeardConf_4.18_final.pdf">Click here for an 11-page sample of the Exclusive Reference Guide to Distressed Security Prices and Risks. The final version is available exclusively to purchasers of this Audio CD Recording.

Who Will Benefit:

Fund-of-funds hedge fund managers with distressed or event-driven managers in their portfolios

Risk managers

Professionals responsible for confirming exposures and prices within distressed or event-driven portfolios.

Steve Gidumal
Virtus Capital LP