Asset Sales Committee

ABI Committee News

ABI's Annual Spring Meeting: Committee Educational Session

 

ABI's 26th Annual Spring Meeting, the networking and CLE event of 2008, will be held April 3-6 at Washington, D.C.'s Renaissance Hotel in the Nation's Capital! Join us during cherry blossom season for exciting and informative sessions, including a luncheon keynote by Supreme Court Justice Samuel A. Alito, Jr.

One of the networking and CLE presentations that you would not want to miss is the joint educational session of the Technology and Telecommunication Committee, the Investment Banking Committee, the Financial Advisors Committee, and the Asset Sales Committee on Friday afternoon, April 4, 2008, from 4 p.m. to 5:30 p.m.

The presentation will focus on the hidden value of patents and other intellectual property, which is often undiscovered in bankruptcy cases. This program will provide a summary of how to identify and value these assets and how to monetize patents through litigation, licensing, securitization, or an outright sale. The panel will explore leading case studies that reveal strategies for accessing these diamonds in the rough. A handout of five case studies, including Collins & Aikman, Astro Turf, and Tower Records will be provided.

Bonus Presentation: The Investment Banking Committee will provide an up-to-the-minute report on the current state of the capital markets. You won’t want to miss this.

This program will feature a faculty of prominent practitioners:

Kevin P. Anderson, Wiley Rein LLP; Washington, D.C., a key person on the team that secured on behalf of his client a $612.5 million patent infringement settlement with Research In Motion Ltd. the maker of the BlackBerry device;

George M. Kelakos, Kelakos Advisors LLC; Greenwich, CT, an investment banker with significant experience in obtaining value for patents and other intellectual property assets; and

James F. Wallack, Goulston & Storrs, PC; Boston, MA, a bankruptcy lawyer with significant experience in monetizing intellectual property assets.

For more information regarding the program, please contact:

• the Technology and Telecom committee co-chairs William Snyder at william.snyder@crgpartners.com or Jason Gold at jgold@wileyrein.com;

• the Investment Banking committee chair Scott Victor at jscott.victor@nationalcity.com;

• the Financial Advisors committee co-chairs Stephen Gray at ssg@trgusa.com or David Powlen at dpowlen@wesrespartners.com or Jerry Shapiro at gshapiro@crpllc.net, or

• the Asset Sales committee chair Weston Anson at wanson@consor.com

 

 

Collusion in Bankruptcy Sales Part II – Collusion Versus Collaboration

 

Please note that this article was created in cooperation with the Commercial Fraud Task Force committee.

This article is the second in a series of four parts. This article will discuss 363(n) and collusion in bankruptcy sales. It will discuss the fine line between collusion and collaboration, and will explore the application of the specific elements of a 363(n) action. This informative four-part series is in cooperation with the Commercial Fraud Task Force Committee.

Read the full article.

 

Intellectual Property Collateral in Bankruptcy

In this turbulent economy, many companies with valuable intellectual property assets may soon be seeking bankruptcy protection.  Unfortunately, the intersection of our nation’s lending laws and the federal laws affecting intellectual property rights is complex and is still somewhat murky.

Read the full article.