Digital concept of stock going up for 20th Annual Advanced Restructuring and Plan of Reorganization Conference header image

AIRA’s Annual Advanced Restructuring and Plan of Reorganization Conference (“POR”) in New York is a forum presenting legal and financial perspectives on developments in bankruptcy, insolvency and restructuring. The one day program is geared toward maximizing opportunities for learning, exchange and networking, as well as offering credit for continuing legal and professional education.

This course is appropriate for both newly admitted and experienced attorneys.

November 15, 2021
Conference Agenda

10:00–10:15 AM

Refreshment Break

Sponsored by:

AlixPartners Logo
10:15–10:30 AM

Introduction / Opening Remarks

  • Sheryl P. Giugliano, Ruskin Moscou Faltischek, P.C.
  • Boris Steffen, CDBV, Province
10:30–11:30 AM

Travel and Commercial Real Estate: Will They Survive COVID, and How?

This panel discussion will focus on the travel (airlines, cruise lines, and other transportation), hospitality and commercial real estate industries, and how hard they were hit by the COVID-19 pandemic. The panel will consider obstacles for these industries including customer deposit and refund issues, financing and valuation difficulties, and navigating an uncertain future.

Moderator:

  • Beth M. Brownstein, Arent Fox LLP

Panelists:

11:30 AM–12:30 PM

The New Business of Small Business Bankruptcies: Navigating Subchapter V Cases 18 Months Later

During this session, our panel will discuss the impact of Subchapter V bankruptcy filings since the Small Business Reorganization Act became effective in February 2020. They will explore how Bankruptcy Courts have interpreted the SBRA and how Subchapter V bankruptcies have proven to be a cost-effective option for small businesses as they navigate the Covid-19 Pandemic. Finally, the panelists will provide unique perspectives of their professional experiences in Subchapter V cases.

Moderator:

  • Stephen B. Darr, CIRA, CDBV, Huron

Panelists:

  • Kathleen M. Aiello, Klestadt Winters Jureller Southard & Stevens LLP
  • Martha Hildebrant, The Office of the United States Trustee
  • David Mawhinney, National Association of Bankruptcy Trustees’ Subchapter V Committee
  • Hon. Jerrold N. Poslusny, Jr., U.S. Bankruptcy Court, D. N.J.
12:30–1:00 PM

Lunch

Sponsored by:

CohnReznick LLP logo Deloitte Logo
1:00–2:30 PM

The Resolution of Tort Liabilities Through Bankruptcy

Since June 2019, three Opioid manufacturers – Insys, Purdue, and Mallinckrodt – have filed for chapter 11, due in large part to the onslaught of litigation they have faced amidst the nationwide Opioid epidemic. Unlike almost every other mass tort-induced chapter 11 filing prior thereto, the litigation that accelerated these chapter 11’s was brought mainly by “public” side plaintiffs – States and Political Subdivisions – as well as “private” side plaintiffs, such as personal injury victims. The panel – comprised of advisors to States, Political Subdivisions, Personal Injury Victims, and the Official Committee in each case, as well as one principal from the State of NY’s AG office – will discuss all of these issues as best as they can, given the sensitivities of the cases and the then-current status of each of them.

Moderator:

  • Sara Brauner, Akin Gump Strauss Hauer & Feld LLP

Panelists:

  • Anne Andrews, Andrews & Thornton
  • Michael Atkinson, Province, LLC
  • Kenneth H. Eckstein, Kramer Levin Naftalis & Frankel LLP
  • Kevin Maclay, Caplin & Drysdale
  • David Nachman, New York Office of The Attorney General
  • Arik Preis, Akin Gump Strauss Hauer & Feld LLP
  • Andrew M. Troop, Pillsbury Winthrop Shaw Pittman LLP
2:30–2:45 PM

Refreshment Break

Sponsored by:

Province logo
2:45–4:15 PM

2021 - The Year in Review from the Perspectives of Judges and Attorneys

This presentation will examine significant decisions of the past year, with emphasis on cases from the 2nd and 3rd Circuits.

Moderators:

Panelists:

Sponsored by:

Young Conaway logo
4:15–5:15 PM

Plan and Asset Sales Negotiating No-Nos

This session focuses on the ethical obligations of the parties negotiating the economic terms of a plan of reorganization or a sale under section 363 of the Bankruptcy Code. The panelists will provide guidance concerning the professional responsibility and ethical obligations of estate representatives, including debtor’s counsel, committee counsel and committee members (OUCC, equity and ad hoc), as well as lenders, equity sponsors and other investors. They will also address some lessons learned from the Nieman Marcus case as well as other recent case law guidance.

Moderators:

  • Ira L. Herman, Blank Rome LLP

Panelists:

  • Hon. Lisa G. Beckerman, U.S. Bankruptcy Court, S.D.N.Y.
  • Douglas E. Deutsch, Clifford Chance LLP
  • Maja Zerjal Fink, Arnold & Porter Kaye Scholer LLP

Sponsored by:

Arnold & Porter Logo
5:15–6:30 PM

Reception and 2021 Judicial Service Award Presentation

Honoree: Honorable Jerrold N. Poslusny, Jr., U.S. Bankruptcy Court, D. N.J.

Sponsored by:

Duane Morris Logo Huron Logo

Co-Chairs and Planning Committee

Co-Chairs:

Sheryl P. Giugliano, Ruskin Moscou Faltischek, P.C.
Boris Steffen, CDBV, Province

Planning Committee:

Kathleen M. Aiello, Klestadt Winters Jureller Southard & Stevens, LLP
David Bart, CIRA, CDBV, RSM US LLP
Liz Boydston, Polsinelli
Beth Brownstein, Arent Fox LLP
Kevin Clancy, CIRA, CohnReznick LLP
Stephen B. Darr, CIRA, CDBV, Huron
Kenneth Enos, Young Conaway Stargatt & Taylor, LLP
Michael R. Lastowski, Duane Morris LLP
Hon. Jerrold N. Poslusny, Jr., U.S. Bankruptcy Court, D. N.J.
Tony Sasso, CIRA, Deloitte
Michael Sullivan, CIRA, Deloitte
Jeffrey Sutton, J.S. Held LLC

Additional sponsorships are available. For more information, contact Cheryl Campbell at ccampbell@aira.org.


Registration Rates

Member: $395
Non-Member: $425
Government/Judicial/Academic: $115


CPE/CLE: Earn up to 7.2 CPE / 7.0 CLE* (based on a 50–minute hour)
*Application for New York accreditation pending approval. CLE for other states applied for on request.

Additional Information—Registration and payment of fee must be completed in advance at www.aira.org.

Register Now

Date: Monday, November 15, 2021
Time: 10:00 AM–6:30 PM

Location: The Union League Club, New York, NY

CPE/CLE: Earn up to 7.2 CPE / 7.0 CLE* (based on a 50–minute hour)
*Application for New York accreditation pending approval. CLE for other states applied for on request. This course is appropriate for both newly admitted and experienced attorneys.

REGISTRATION RATES

  • Member: $395
  • Non–Member: $425
  • Judicial/Government/Academic: $115

Register Now

Sponsors:

AlixPartners Logo Arnold & Porter Logo CohnReznick Logo Deloitte Logo Duane Morris Logo Huron Logo Province logo Young Conaway logo

Cancellations and Refunds

No refunds will be given for cancellations after November 8, 2021; however, substitutions will be allowed.

Questions and Complaint Resolution

For assistance or questions regarding refund, complaint and/or program cancellation policies, please contact our offices at (541) 858–1665. For additional questions or for resolution of any complaint, please send an email to Jim Lukenda, Executive Director, at jlukenda@aira.org