Volume 1, Number 1
Winter
Leadership Conference Wrap-up
The Financial Advisors Committee participated with the Investment Banking
Committee in a program entitled "Turf Wars Among Restructuring Professionals—Who's
On First?" Becky Roof and Claudia Slacik participated as panelists.
Topics discussed included:
1. Interest in future program topics, including:
- What is an appropriate business model for a financial advisory firm in a declining business environment?
- Interest in combining a program with banking & finance
3. Completing unfinished committee projects:
- Model retention agreement
- White paper on service differentiation
- Establishing a newsletter
- Establishing a system of e-mailing to members updates on "hot topics"
4.
Developing a pre-filing checklist
To
view full outline, click here
2004
Annual Spring Meeting Preview
Program Topic: "Cutting-edge Structures in DIP Lending"
Join the Financial Advisors and Business Reorganization Committees for
a joint program at the 2004
Annual Spring Meeting, April 15-18 in Washington, D.C., to discuss
new and evolving structures in DIP lending. Topics include "DIPs
to Buy," DIPs with a built-in exit and DIPs with a plan "blueprint,"
and the panel will cover, among other subjects, advantages, risks and
problems associated with the DIP structures, "sub-rosa plan"
considerations and new players in the game. Panelists currently scheduled
include Claudia Slacik as the moderator, Colleen Palmer (GECC) and Mark
Polebaum (Hale & Dorr, Boston). Information on the full Annual
Spring Meeting program is available online.
Where’d
the Money Go? Reconstructing Cash Flow
(Reprinted from the ABI Journal - February 2004)
Written by Matthew Schwartz
One of the
questions frequently asked of a bankrupt entity is, "Where did the
money go?" This question can be asked in a variety of contexts. It
is sometimes asked some months into a bankruptcy regarding an entity's
post-petition cash flow. It is also sometimes asked of the pre-petition
cash flow for possible avoidance actions. Although recognizing that there
is no substitute for tracing disbursements through canceled checks and
other bank debits, important summary information can often be determined
from analysis of the income statement and balance sheet.
To
read full article, click here