November 9 & 10 • The St. Regis • Washington D.C.
Monday, November 9, 2009
Registration, Breakfast & Networking
8:00 - 9:00 AM
8:00 - 9:00 AM
Opening Remarks
9:00 AM
9:00 AM
Opportunities in Distressed Middle Market Debt
9:05 - 9:55 AM
This panel explores the state of the distressed corporate debt market, opportunities in the secondary and bankruptcy markets for distressed loan investors, and trends in the recent investment activity of distressed asset investors.
MODERATOR: JOE CATALANO, Sentinel Capital Partners
PANELISTS: MICHAEL HULLINGER, Endurance Asset Management, LARRY KLAFF, Gordon Brothers; CRAIG SCHIFFER, Sevara Partners; IAN SCHNIDER, Fortress Investment Group
9:05 - 9:55 AM
This panel explores the state of the distressed corporate debt market, opportunities in the secondary and bankruptcy markets for distressed loan investors, and trends in the recent investment activity of distressed asset investors.
MODERATOR: JOE CATALANO, Sentinel Capital Partners
PANELISTS: MICHAEL HULLINGER, Endurance Asset Management, LARRY KLAFF, Gordon Brothers; CRAIG SCHIFFER, Sevara Partners; IAN SCHNIDER, Fortress Investment Group
Restructuring Middle Market Debt without New Financing
10:00 - 10:25 AM
Given the difficulty in raising new bank capital, private equity sponsors are exploring alternatives to preserve and grow value for their portfolio companies. This presentation explores how existing lenders are working to protect their positions while providing liquidity and flexibility to issuers. Some alternatives include using cash flow deals, converting debt to equity, using "rescue capital", and understanding the motivation of existing capital providers.
SPEAKER: RANDY SCHWIMMER, Churchill Financial
10:00 - 10:25 AM
Given the difficulty in raising new bank capital, private equity sponsors are exploring alternatives to preserve and grow value for their portfolio companies. This presentation explores how existing lenders are working to protect their positions while providing liquidity and flexibility to issuers. Some alternatives include using cash flow deals, converting debt to equity, using "rescue capital", and understanding the motivation of existing capital providers.
SPEAKER: RANDY SCHWIMMER, Churchill Financial
Networking Break
10:25 - 10:55 AM
10:25 - 10:55 AM
Middle Market Automotive Industry Suppliers: Opportunities for Lenders & Investors
10:55 - 11:45 AM
The U.S. auto industry has weathered a remarkably turbulent 2009. After massive government aid, sales stabilization is still needed. Auto suppliers now wait to see whether the "Big 3" can stand on their own without additional support from tax payers, or whether the sector will again slide toward distress. This panel explores the outlook and opportunities for lenders and investors in the middle-market automotive industry.
MODERATOR: BRETT BARRAGATE, Jones Day
PANELISTS: DAVID BITTERMAN, Huron Consulting Group; PETER CECCHINI, Seven Bridges Management; RAY WHITEMAN, The Carlyle Group
10:55 - 11:45 AM
The U.S. auto industry has weathered a remarkably turbulent 2009. After massive government aid, sales stabilization is still needed. Auto suppliers now wait to see whether the "Big 3" can stand on their own without additional support from tax payers, or whether the sector will again slide toward distress. This panel explores the outlook and opportunities for lenders and investors in the middle-market automotive industry.
MODERATOR: BRETT BARRAGATE, Jones Day
PANELISTS: DAVID BITTERMAN, Huron Consulting Group; PETER CECCHINI, Seven Bridges Management; RAY WHITEMAN, The Carlyle Group
Private Equity Distressed Investing and Turnaround Strategies That Get Results and Returns
11:50 - 12:40 PM
This panel explores where the deals are, and how to successfully source deals during strained economic times. Panelists also discuss what strategies to use to turn a company around after acquisition, how to protect invested capital and when it's time to exit.
MODERATOR: JOHN COLLARD, Strategic Management Partners
PANELISTS: MARK CHESEN, SSG Capital Advisors; MURRY GUNTY, Blackstreet Capital Management; MICHAEL PETIX, BlackEagle Partners; LARRY JENNINGS, ValStone Partners
11:50 - 12:40 PM
This panel explores where the deals are, and how to successfully source deals during strained economic times. Panelists also discuss what strategies to use to turn a company around after acquisition, how to protect invested capital and when it's time to exit.
MODERATOR: JOHN COLLARD, Strategic Management Partners
PANELISTS: MARK CHESEN, SSG Capital Advisors; MURRY GUNTY, Blackstreet Capital Management; MICHAEL PETIX, BlackEagle Partners; LARRY JENNINGS, ValStone Partners
Networking Luncheon
12:45 - 1:45 PM
12:45 - 1:45 PM
Keynote Presentation: The Only Certainty in Life is Change
1:50 - 2:30 PM
New York Times Bestselling Author of "A Colossal Failure of Common Sense - The Inside Story of the Collapse of Lehman Brothers" discusses systemic changes that will guard against a repeat of the financial collapse of 2008. He provides a front row seat into the largest bankruptcy the universe has ever seen, and discusses which changes must be made on Wall Street to guard against fraud, enormous risk, and the creation of banking dominoes large enough to crush the world economy.
SPEAKER: LAWRENCE MCDONALD, Pangea Capital Management
1:50 - 2:30 PM
New York Times Bestselling Author of "A Colossal Failure of Common Sense - The Inside Story of the Collapse of Lehman Brothers" discusses systemic changes that will guard against a repeat of the financial collapse of 2008. He provides a front row seat into the largest bankruptcy the universe has ever seen, and discusses which changes must be made on Wall Street to guard against fraud, enormous risk, and the creation of banking dominoes large enough to crush the world economy.
SPEAKER: LAWRENCE MCDONALD, Pangea Capital Management
FDIC Bank Resolutions: How Can the Private Market Participate?
2:35 - 3:25 PM
This panel examines the outlook for loan and foreclosure sales, opportunities in the acquisition of loan portfolios, and auctions on failed banks, and explores the new rules for private equity buyers of banks.
MODERATOR: MARK BOURGEOIS, DebtX
PANELISTS: TODD BEAUCHAMP, Paul Hastings; DEE MARTIN, Bracewell Guiliani; MIKE MARGOLF, Allonhill; DAN WALKER, FDIC
2:35 - 3:25 PM
This panel examines the outlook for loan and foreclosure sales, opportunities in the acquisition of loan portfolios, and auctions on failed banks, and explores the new rules for private equity buyers of banks.
MODERATOR: MARK BOURGEOIS, DebtX
PANELISTS: TODD BEAUCHAMP, Paul Hastings; DEE MARTIN, Bracewell Guiliani; MIKE MARGOLF, Allonhill; DAN WALKER, FDIC
Networking Break
3:30 - 3:50 PM
3:30 - 3:50 PM
Middle Market Retailers: Bargains at Any Price?
3:55 - 4:25 PM
Retailers have been hit hard by the economic downturn, but does this present a prime opportunity for distressed investors? Panelists discuss what opportunities are available to acquire distressed and bankrupt retailers. The panel focuses on retail real estate, leases in bankruptcy and liquidations.
SPEAKER: TIM FINLEY, Whitney Hill Partners
3:55 - 4:25 PM
Retailers have been hit hard by the economic downturn, but does this present a prime opportunity for distressed investors? Panelists discuss what opportunities are available to acquire distressed and bankrupt retailers. The panel focuses on retail real estate, leases in bankruptcy and liquidations.
SPEAKER: TIM FINLEY, Whitney Hill Partners
The Pro's and Con's of Consensual Restructurings
4:30 - 4:55 PM
Restructuring is no longer an indication of a struggling company, it is the sign of a dynamic forward thinking enterprise. This presentation examines the pro's and con's of restructurings, and the importance of mutual consent.
SPEAKER: HANS AMELL, Catalyst
4:30 - 4:55 PM
Restructuring is no longer an indication of a struggling company, it is the sign of a dynamic forward thinking enterprise. This presentation examines the pro's and con's of restructurings, and the importance of mutual consent.
SPEAKER: HANS AMELL, Catalyst
Closing Remarks
5:00 PM
5:00 PM
The Distressed Debt Conference Cocktail Reception
5:15 - 6:45 PM
5:15 - 6:45 PM
Tuesday, November 10, 2009
Registration, Breakfast & Networking
8:00 - 9:00 AM
8:00 - 9:00 AM
Distressed Real Estate Hits the Equity Markets
9:00 - 9:50 AM
Real Estate Investment Trusts (REITs) stymied by seized credit markets and lackluster property sales, turned to the equity markets to raise capital and discovered warming investor sentiment. This panel explores opportunities for investors as REITS restructure debt and dispose of assets.
MODERATOR: CHRIS GIAIMO, Arent Fox
PANELISTS: DEAN MULLET, PricewaterhouseCoopers; JEFFREY PERRONE, Deloitte Financial Advisory Services
9:00 - 9:50 AM
Real Estate Investment Trusts (REITs) stymied by seized credit markets and lackluster property sales, turned to the equity markets to raise capital and discovered warming investor sentiment. This panel explores opportunities for investors as REITS restructure debt and dispose of assets.
MODERATOR: CHRIS GIAIMO, Arent Fox
PANELISTS: DEAN MULLET, PricewaterhouseCoopers; JEFFREY PERRONE, Deloitte Financial Advisory Services
Provisions and Implications of U.S. and Chinese Bankruptcy Codes: Moving Toward a Common Ground?
9:55 - 10:20 AM
China has adopted the Enterprise Bankruptcy Law, intended to align China's bankruptcy rules with international standards and market-based economies in order to provide confidence and protection for foreign investors and creditors. This presentation examines the key substantive and practical elements of the new Chinese bankruptcy system and how it compares and contrasts the U.S. bankruptcy code.
SPEAKER: JERRY HALL, Pillsbury Law
9:55 - 10:20 AM
China has adopted the Enterprise Bankruptcy Law, intended to align China's bankruptcy rules with international standards and market-based economies in order to provide confidence and protection for foreign investors and creditors. This presentation examines the key substantive and practical elements of the new Chinese bankruptcy system and how it compares and contrasts the U.S. bankruptcy code.
SPEAKER: JERRY HALL, Pillsbury Law
Networking Break
10:25 - 10:45 AM
10:25 - 10:45 AM
Recent Developments in Bankruptcy Law
10:45 - 11:35 AM
With the recent explosion in bankruptcy filings, this panel explores recent developments in bankruptcy law, including inter-creditor issues, fraudulent conveyance and legal issues when the government is a creditor.
MODERATOR: STEPHEN DARR, Mesirow Financial Consulting
PANELISTS: LAWRENCE AHERN III, Burr & Forman; FRANCIS CONRAD, Business Strategy Advisors; RONALD REINSEL, Caplin & Drysdale
10:45 - 11:35 AM
With the recent explosion in bankruptcy filings, this panel explores recent developments in bankruptcy law, including inter-creditor issues, fraudulent conveyance and legal issues when the government is a creditor.
MODERATOR: STEPHEN DARR, Mesirow Financial Consulting
PANELISTS: LAWRENCE AHERN III, Burr & Forman; FRANCIS CONRAD, Business Strategy Advisors; RONALD REINSEL, Caplin & Drysdale
Structuring a Middle Market Deal in Today's Environment
11:40 - 12:30 PM
In the current market environment, what is necessary to get a deal done? This panel examines the issues confronting the market today, the types of debt that are currently being used, and what you'll need to know to get deals done in the future. Panelists also discuss how to position a company to get financing.
MODERATOR: STEPHEN MOYER, PIMCO
PANELISTS: JOE FARRICIELLI, Fidelity National Special Opportunities; BRUCE FERGUSON, Apex Fundamental Partners; MICHAEL FIXLER, CM&D Capital Advisors; TED KOENIG, Monroe Capital
11:40 - 12:30 PM
In the current market environment, what is necessary to get a deal done? This panel examines the issues confronting the market today, the types of debt that are currently being used, and what you'll need to know to get deals done in the future. Panelists also discuss how to position a company to get financing.
MODERATOR: STEPHEN MOYER, PIMCO
PANELISTS: JOE FARRICIELLI, Fidelity National Special Opportunities; BRUCE FERGUSON, Apex Fundamental Partners; MICHAEL FIXLER, CM&D Capital Advisors; TED KOENIG, Monroe Capital
Networking Luncheon
12:30 - 1:30 PM
12:30 - 1:30 PM
TALF, PPIP, and the Consumer and Business Lending Initiative
1:35 - 2:25 PM
With the U.S. government pumping billions into the economy, opportunities have been created for investors to participate in government-sponsored asset recovery programs. This panel explores what opportunities are available for participants in the Term Asset-Backed Loan Facility (TALF), the Public Private Investment Program (PPIP), and other programs.
MODERATOR: ERIK KLINGENBERG, Sonnenschein Nath & Rosenthal
PANELISTS: STEPHEN MYROW, ACG Analytics; FRANK SCAVONE, CB Richard Ellis Investors; KAREN SHAW PETROU, Federal Financial Analytics
1:35 - 2:25 PM
With the U.S. government pumping billions into the economy, opportunities have been created for investors to participate in government-sponsored asset recovery programs. This panel explores what opportunities are available for participants in the Term Asset-Backed Loan Facility (TALF), the Public Private Investment Program (PPIP), and other programs.
MODERATOR: ERIK KLINGENBERG, Sonnenschein Nath & Rosenthal
PANELISTS: STEPHEN MYROW, ACG Analytics; FRANK SCAVONE, CB Richard Ellis Investors; KAREN SHAW PETROU, Federal Financial Analytics
Distressed Residential Whole Loans & Portfolios
2:30 - 3:20 PM
This panel explores sourcing of distressed residential whole loans, exposure among banks and other sources of supply, and what considerations executives are making when they decide whether to sell a portfolio of troubled loans. Panelists will also discuss valuation techniques, recent transactions and pricing, who the primary buyers and sellers are, the effect of government interaction and how innovative servicing strategies can affect the returns on whole loan investments.
MODERATOR: ED FAY, Fay Financial
PANELISTS: MIKE MACDONALD, Keefe, Bruyette and Woods; SEAN DUFFY, Citigroup
2:30 - 3:20 PM
This panel explores sourcing of distressed residential whole loans, exposure among banks and other sources of supply, and what considerations executives are making when they decide whether to sell a portfolio of troubled loans. Panelists will also discuss valuation techniques, recent transactions and pricing, who the primary buyers and sellers are, the effect of government interaction and how innovative servicing strategies can affect the returns on whole loan investments.
MODERATOR: ED FAY, Fay Financial
PANELISTS: MIKE MACDONALD, Keefe, Bruyette and Woods; SEAN DUFFY, Citigroup
Closing Remarks
3:30 PM
3:30 PM
Copyright © DealFlow Media, Inc. All Rights Reserved



Download Current Report