Conference Agenda

Monday, November 28, 2022

7:30 a.m. – 8:30 a.m.

Registration and Continental Breakfast

8:00 a.m. – 8:10 a.m.

Opening Remarks – Conference Chairs

Harold L. Kaplan, Partner, Foley & Lardner LLP
Joshua A. Sussberg, Partner, Restructuring, Kirkland & Ellis LLP

Kaplan

Sussberg

8:10 a.m. – 8:45 a.m.

Annual Year In Review

Steven L. Gidumal, President and Managing Partner, Virtus Capital, LP

8:50 a.m. – 9:50 a.m.

The Economy and Current and Future Cases
Several of the country’s top professionals discuss the state of the market and what is expected as part of the next cycle.

Joshua A. Sussberg, Partner, Restructuring, Kirkland & Ellis LLP (Moderator)
Brian S. Hermann Partner, Paul, Weiss, Rifkind, Wharton & Garrison
William Q. Derrough, Managing Director & Co-Head of Capital Structure Advisory, Moelis & Company
Brian S. Hermann, Partner, Paul, Weiss, Rifkind, Wharton & Garrison LLP
David S. Kurtz, Vice Chairman U.S. Investment Banking, Global Head of Restructuring & Capital Solutions, Chicago, LAZARD
Thomas Lauria, Partner, White & Case LLP
Ray C. Schrock, P.C., Partner and Co-Chair of the Restructuring Department, Weil Gotshal & Manges LLP
Steve Zelin, Partner and Global Head of the Restructuring and Special Situations Group, PJT PARTNERS

Sussberg

Hermann

Chapman

Derrough

Kurtz

Lauria

Schrock

Zelin

9:50 a.m. – 9:55 a.m.

Morning Networking Break

10:00 a.m. – 11:00 a.m.

Trends in Healthcare
Before COVID, segments of the Healthcare industry were financially challenged; coming out of the pandemic are there any segments that are not? How is the industry dealing with monumental labor cost increases, shortages of staff and doctors, inflationary pressures, supply chain difficulties and the continuing lack of patients and residents? What effect will the Inflation Reduction Act have on the industry? What can we continue to expect from the nonprofit, skilled nursing, assisted living, biopharma and medical device market segments in particular?

Samuel R. Maizel, Partner, Dentons (Moderator)
Peter Chadwick, Managing Director, Berkeley Research Group
Suzanne Koenig, Founder/CEO, SAK Management LLC
Michael Lane, Independent Advisor
John O'Meara, Managing Director, Distressed & Corporate Special Situations, Angelo Gordon

Maizel

Chadwick

Koenig

Lane

O'Meara

11:10 a.m. – 12:10 a.m.

From Liability Management to Lender-on-Lender Violence
While there may be little new in certain creditors engaging in transactions intended to lift their positions against other creditors, there recently has been an increasing focus and level of umbrage and challenge brought against so-called "Lender-on-Lender Violence" Transactions, in which borrowers and certain (usually majority) creditors attempt to take advantage of arguable gaps in their indentures and other financing documents and negotiate priming, uptiering, unrestricted subsidiary and other transactions benefitting themselves over other (minority) creditors in the same priority class. The panel will consider recent cases such as Trimark and TPC, and the legal issues and practical implications raised by Lender-on-Lender Violence Transactions, including the implications of the timing of often volatile asset valuations.

Harold L. Kaplan, Partner, Foley & Lardner LLP (Moderator)
Patrick A. Daniello, Founder, Daniello Associates
Mark Hebbeln, Partner, Foley & Lardner LLP
Douglas Mannal, Partner, Dechert LLP
Damian S. Schaible, Partner, Restructuring New York, Davis Polk & Wardell LLP
Jennifer Selendy, Founding Partner, Selendy Gay Elsberg PLLC

Kaplan

Daniello

Hebbeln

Mannal

Schaible

Selendy

12:15 p.m. – 1:30 p.m.

Harvey R. Miller Annual Awards Luncheon
Beard Group will present the Harvey R. Miller Outstanding Achievement Award for Service to the Restructuring Industry to Bill Brandt Jr., Development Specialists, Inc.
Learn More Here

Brandt Jr.

1:45 p.m. – 2:45 p.m.

Out of Court and Other Alternatives to Bankruptcy
This panel will consider Assignment for the Benefit of Creditors, Receiverships, Out of Court workouts, and Sale of Assets as alternatives to bankruptcy worthy of exploration. However, some alternatives bring their own set of unique challenges. Our panel of experts will offer guidance and best practices.

Steven L. Victor, Senior Managing Director, Development Specialists, Inc. (Moderator)
Matthew R. Brooks, Partner, Troutman Pepper
Rebecca DeMarb, Senior Managing Director, Development Specialists, Inc.
Lorenzo Marinuzzi, Partner, Morrison & Foerster

Victor

Brooks

DeMarb

Marinuzzi

2:45 p.m. – 3:00 p.m.

Afternoon Networking Break

3:00 p.m. – 4:00 p.m.

Mass Tort Restructurings and Settlements
A discussion focused on the use of Chapter 11 to address mass tort liabilities and the issues that arise in such cases, including the chapter 11 cases of Purdue, Mallinckrodt and others.

Daniel M. Eggermann, Partner, Kramer Levin Naftalis & Frankel LLP (Moderator)
Saul Burian, Managing Director, Houlihan Lokey
Dan Gropper, Managing Partner, Carronade Capital Management, LP
Jessica C. Lauria, Partner, White & Case LLP
Rachael Ringer, Partner, Kramer Levin Naftalis & Frankel LLP

Eggermann

Burian

Gropper

Lauria

Ringer

4:10 p.m. – 5:10 p.m.

Crypto: How 2022 Will Affect The Future Of The Digital Currency Industry
2022 has been a challenging and confusing year for crypto. The Chapter 11 proceedings of Celsius and Voyager have placed centralized cryptocurrency platforms under the scrutiny of customers, the Bankruptcy Court, the Department of Justice, and regulators. Bitcoin, the world’s flagship digital asset, is down again markedly from its all-time high achieved most recently in November 2021. Ethereum’s “merge” in September 2022 changed its consensus mechanism from mining to staking, reducing its carbon use by 99%. What are the implications for investors and what challenges/opportunities does 2023 hold?