Seminar: Bankruptcy And The Economy
The William J. O'Neill Regional Bankruptcy Institute, a part of the Cleveland Metropolitan Bar Association, is conducting a bankruptcy seminar offering an entertaining and comprehensive approach to the latest and best in the bankruptcy and insolvency arenas at the Marriott at Key Tower on May 12 and 13. The two-day seminar, "What Hath the Great Recession Wrought: The Bend, The Bar and Congress Respond," will feature regionally and nationally recognized speakers, including principal attorneys and judges from some of the nation's highest- profile bankruptcy cases.
Beth Ann Schenz, an attorney in the Bankruptcy Department at Weltman, Weinberg & Reis Co., L.P.A. (WWR) played an integral part in putting together these dynamic presentations. Over the last year, Ms. Schenz was Co- Chair of the 2010 Institute. This undertaking involved coordinating over 58 speakers including 12 federal judges to speak on issues which touch the very heart of our economy. For more information or if you would like to attend the discussion, visit www.clemetrobar.org/ONeill_Bankruptcy_Institute.aspx.
The following is a capsule of some of the hot topics that will be discussed:
Revitalizing a City
With lackluster economic growth, high jobless rates and dynamic talent loss in most of Midwest Cities, this lunch will focus on how a region turns around these staggering statistics. The luncheon discussion will focus on the positive efforts that area organizations have gained over the course of the last year and what efforts they have planned to help propel this region into a strong, vibrant economic force.
Who Is Behind the Bankruptcy Statistics
The country continues to see statistics of the overwhelming amounts of people filing bankruptcy. With bankruptcy numbers continuing to rise, the questions that are never asked are: what is behind the numbers, who are behind the numbers and what circumstances are behind the numbers. This speaker will address those questions by taking the academia approach mainstream. By understanding the numbers, community and economic leaders can address the situation and make policy that will help our economic future.
Why Are They Too Big to Fail – We Have Chapter 11
Lead counsel from the Chrysler and Lehman Brothers bankruptcies will discuss the effect on bankruptcy sales of the Second Circuit's ruling in Chrysler, and of Judge Peck's recent decision allowing a lawsuit to proceed against Barclay's, the bankruptcy purchaser of Lehman's. These disputes have reshaped the business landscape in important ways. This will be a great discussion considering the ongoing news stories involving companies and banks that are too big to fail. Also, the discussion will continue on what is in the future of Chapter 11 bankruptcies.
Victims of Madoff & Other Ponzi Schemes
Irving Picard will lead a panel of the primary participants in the Madoff case. They will review the hotly-litigatedissues governing distributions to victims of the Ponzi scheme fraud.
What is the Federal Legislature Doing
John Rao of the National Consumer Law Center and William A. Brandt, Jr. DSI are no strangers to Washington D.C. Come hear what they have to say.
Loan Modification Ordered in Bankruptcy
Economic Issues before the Bench is a panel consisting of Judge Drain, Judge Isgur and Judge Morgenstern- Clarren. Of note is Judge Drain's piece on court-ordered loan modification procedures, which forces the creditor to enter into talks on loss mitigation.