Events

New Perils in Chapter 11: Distressed Investing After Washington Mutual

October 20, 2011

Please join us on Thursday, October 20, 2011

Place:

Chadbourne & Parke LLP
30 Rockefeller Plaza
(between 5th and 6th Avenues)
36th Floor New York

On September 13, 2011, Judge Walrath of the United States Bankruptcy Court for the District of Delaware denied confirmation of a proposed Plan of Reorganization in the In re Washington Mutual chapter 11 cases. Although the decision covers a wide range of topics, its analysis and conclusions about the ability of distressed debt investors to conduct trading activities while participating in plan negotiations has caused particular concern and uncertainty among stakeholders in chapter 11.

Our panel discussion will cover the implications of Judge Walrath's decision for distressed debt investors, lenders, and other key participants, from both a business and legal perspective. The panel will also discuss the ongoing debate about disclosure of purchases, sales, and holdings in the chapter 11 context, including possible "spillover" effects from the Washington Mutual decision into the Rule 2019 disclosure scheme.

This program will offer practical insights that will be of interest to distressed debt investors, shareholders, creditors' committee members, and other participants in the chapter 11 plan negotiation process.

Program

4:00 pm - 5:30 pm: Panel Presentation
5:30 pm - 6:30 pm: Cocktail Reception

Howard Seife, Partner and Global Chair of the Bankruptcy and Restructuring Group, Chadbourne & Parke LLP

Thane Carlston, Managing Director, Moelis & Company 
Karen Kirchen, Sr. Deputy General Counsel and Managing Director, Citigroup
Barry Kupferberg, Trilogy Capital LLC
David LeMay, Partner, Chadbourne & Parke LLP
Thomas McCormack, Partner, Chadbourne & Parke LLP

NY transitional/non-transitional CLE credit available

For more information and forms for CLE credit, please contact Tracie Kiernan at