Puerto Rico’s Financial Crisis: The Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) in Action

The following session took place during Caribbean Insolvency Symposium in February 2017. This panel will explore the oversight board created under PROMESA, including (1) a simplified overview of the law with a summary of each chapter, (2) the key players and their roles (e.g., PROMESA oversight board, executive director, revitalization coordinator, etc.), (3) highlights from the first 90 days of PROMESA, (4) a comparison/contrast of PROMESA with the DC and NYC financial crises, and (5) the major challenges faced by the oversight board to improve Puerto Rico’s financial condition (restructuring, economic development, fiscal reform). All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Hon. Enrique S. Lamoutte, Moderator
U.S. Bankruptcy Court (D. P.R.); San Juan
Sonia Colon
Ferraiuoli, LLC; Orlando, Fla.
Carmen Conde
C. Conde & Associates; San Juan, Puerto Rico
Kevin Lavin
Ankura Consulting Group, LLC; New York
John J. Rapisardi
O’Melveny & Myers LLP; New York
Zachary H. Smith
Moore & Van Allen PLLC; Charlotte, N.C.

Conference
2017 Caribbean Insolvency Symposium

Part I: I Ain’t Afraid of No Laws! Legal Issues for Attorneys When Creating, Defending or Chasing Offshore Assets

The following session took place during Caribbean Insolvency Symposium in February 2017. This panel will address the differences between the laws of various Caribbean nations (Nevis, Cayman, Panama) and the U.S. concerning the creation of various legal entities/structures to hold assets, as well as those nations’ laws concerning (1) privacy, (2) taxation, (3) piercing the corporate veil/sham structure and (4) avoidance actions. This session will also consider U.S. courts’ jurisdictional ability to enter and enforce orders affecting such entities and their power to assert jurisdiction over persons who are involved with and professionals who represent such entities. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

C.R. Bowles, Moderator
Bingham Greenebaum Doll LLP; Louisville, Ky.
Jonathan E. Gopman
Akerman LLP; Naples, Fla.
Ira L. Herman
Blank Rome LLP; New York

Conference
2017 Caribbean Insolvency Symposium

Zika in the Caribbean, and Other Stinging Health Care Insolvency Issues

The following session took place during Caribbean Insolvency Symposium in February 2017. This panel will explore a review of Health City Cayman Islands and its potential insights for U.S. soaring medical costs, the health care impact of the Zika virus throughout the Caribbean nations, and an update on Puerto Rico’s health care industry and other hot health care insolvency issues. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Hon. Brian K. Tester, Moderator
U.S. Bankruptcy Court (S.D. Fla.); Miami
Melissa Davis
KapilaMukamal; Fort Lauderdale, Fla.
Samuel R. Maizel
Dentons; Los Angeles
Tiffany D. Payne
BakerHostetler, Orlando, Fla.
Frank P. Terzo
GrayRobinson, P.A.; Fort Lauderdale, Fla.

Conference
2017 Caribbean Insolvency Symposium

Judges’ Roundtable

The following session took place during Caribbean Insolvency Symposium in February 2017. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Patricia A. Redmond, Moderator
Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson, PA; Miami
Hon. Laurel M. Isicoff
U.S. Bankruptcy Court (S.D. Fla.); Miami
Hon. Enrique S. Lamoutte
U.S. Bankruptcy Court (D. P.R.); San Juan
Hon. Robert A. Mark
U.S. Bankruptcy Court (S.D. Fla.); Miami
Hon. Brian K. Tester
U.S. Bankruptcy Court (D. P.R.); San Juan

Conference
2017 Caribbean Insolvency Symposium

“You Can't Always Get What You Want…”: Update on Chapter 15 Assistance to Foreign Trustees and by Caribbean Courts in U.S. Cases

The following session took place during Caribbean Insolvency Symposium in February 2017. This panel will discuss issues that have arisen in recent chapter 15 cases, including the several issues presented in the Hanjin Shipping Co. case. The panel will also address how Cayman courts approach applications for assistance by foreign representatives, as well as the factors considered by Cayman courts when Cayman liquidators request authority to seek chapter 11 or chapter 15 relief in the U.S. courts. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Hon. Robert A. Mark, Moderator
U.S. Bankruptcy Court (S.D. Fla.); Miami
Hon. Shelly C. Chapman
U.S. Bankruptcy Court (S.D.N.Y.); New York
Prof. Andrew Dawson
University of Miami School of Law; Coral Gables, Fla.
Rachael Reynolds
Ogier; Camana Bay, Grand Cayman, Cayman Islands

Conference
2017 Caribbean Insolvency Symposium

Buying and Investing in Bankruptcy Litigation: A New Paradigm

The following session took place during Caribbean Insolvency Symposium in February 2017. This panel will explore the following questions: Who is your client? What is the decision-making process for your client (veto)? Who is liable for sanctions for actions in the case? The panel will also discuss attorney/client privilege, mediation (and who needs to be there) and champerty concerns. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Prof. Jan L. Jacobowitz, Moderator
University of Miami School of Law; Coral Gables, Fla.
Justin G. Brass
Burford Capital LLC; New York
Warren E. Gluck
Holland & Knight LLP; New York
James C. Little
Drumcliffe Partners; Wilmington, Del.

Conference
2017 Caribbean Insolvency Symposium

Offshore Alert: Changes to Insolvency Laws and Rules in the Bahamas

The following session took place during Caribbean Insolvency Symposium in February 2017. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

The Hon. Mr. Justice Ian Winder
Supreme Court of the Bahamas; New Providence, The Bahamas
Brian M. Moree
McKinney Bancroft & Hughes; Nassau, The Bahamas
Brian Simms
Lennox Paton; Nassau, The Bahamas

Conference
2017 Caribbean Insolvency Symposium

The Growing Convergence of International Insolvency Regimes

The following session took place during International Insolvency Symposium in October 2018. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Bradley D. Sharp, Moderator
Development Specialists, Inc.; Los Angeles, California, USA
Antonio Azzarà
RCC; Milan, Italy
Hon. Kevin Carey
U.S. Bankruptcy Court (D. Del.); Wilmington, Delaware, USA
Debra I. Grassgreen
Pachulski Stang Ziehl & Jones LLP; San Francisco, California, USA
Prof. Patrick E. Mears
Universität Mannheim; Mannheim, Germany

Conference
2018 International Insolvency Symposium

Westinghouse, a Truly International Chapter 11: From Atomic Start to Smashing Success in Only 363 Days

The following session took place during International Insolvency Symposium in October 2018. This panel will discuss (a) the strained relationship between the international parent and the subsidiary (including the fact that foreign operations were in different silos — i.e., there was no single C-suite per se); (b) the impact of the independent directors and the company's corporate governance best practices; (c) the international M&A process; (d) the unique (i.e., really unheard of) claims-trading activity that took place; and (e) the importance of timing (including a very difficult audit environment in the midst of an investigation). All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Van C. Durrer, II, Moderator
Skadden, Arps, Slate Meagher & Flom LLP; Los Angeles, California, USA
Hon. Shelley C. Chapman
U.S. Bankruptcy Court (S.D.N.Y.); New York, New York, USA
Al Togut
Togut, Segal & Segal LLP; New York, New York, USA
William Transier
Transier Advisors, LLC; Dallas, Texas, USA

Conference
2018 International Insolvency Symposium

What Effect Will Trade Wars Have on Industries and Restructurings?

The following session took place during International Insolvency Symposium in October 2018. All sessions from this conference can be accessed at https://cle.abi.org/.

Speakers:

Ronald Silverman, Moderator
Hogan Lovells US LLP; New York
Alberto Angeloni
DLA Piper; Rome, Italy
Richard Pedone
Nixon Peabody LLP; Boston
Sophia Rolle-Kapousouzoglou
LennoxPaton; Nassau, Bahamas
Christiaan Zijderveld
Houthoff; Amsterdam, Netherlands

Conference
2018 International Insolvency Symposium