FEBRUARY 2021 VOL. 8, NO. 2
From the ABI Anthony H.N. Schnelling Endowment Fund

Your Donations are Truly Appreciated

Since its inception in 1989, the Anthony H.N. Schnelling Endowment Fund has funded a number of major initiatives that have contributed to research and education in a variety of bankruptcy-related studies. The Endowment Fund has always relied on generous support from donors to finance these vital initiatives. We gratefully acknowledge the following recent contributors:

Richard Carmody
Richard Carmody
Adams and Reese LLP
ABI Founders Society
(Inaugural Member)

Joel R. Glucksman photo
Alane Becket
Becket & Lee LLP


Jeffrey Garfinkle
Jeffrey K. Garfinkle
Buchalter Nemer, PC


Alec Ostrow
Alec P. Ostrow
Becker, Glynn, Muffly, Chassin & Hosinski LLP



Joel R. Glucksman photo
Matthew T. Faga
Markus Williams Young & Hunsicker LLC


Patricia Fugée
Patricia B. Fugée
FisherBroyles, LLP


Louis M. Bubala, III
Kaempfer Crowell

Franklind Davis Lea
Tactical Financial Consulting

John W. Lucas
Pachulski Stang Ziehl & Jones LLP

Hon. Margaret Dee McGarity
U.S. Bankruptcy Court, Eastern District of Wisconsin

Jennifer M. Meyerowitz
Keen-Summit Capital Partners LLC

Erika Lynn Morabito
Foley & Lardner LLP

Russell C. Silberglied
Richards, Layton & Finger, PA

The Endowment Fund Committee, led by current Vice President-Development Christopher A. Ward (Polsinelli), is deeply grateful to these and the more than 8,000 other individuals who have contributed to the Fund over the past 30+ years.


ABI Founders Society Website is Now Live

Become a member of the new ABI Founders Society today by including the American Bankruptcy Institute in your estate planning. All of the proceeds from the ABI Founders Society benefit the ABI Endowment Fund. When you include ABI in your estate plan, your generosity helps provide additional funding for the Endowment so that it can continue to be the leading resource for research and education for our industry well into the future.


“The ABI Founders Society was created to give the founding members of ABI the recognition they deserve while providing an avenue for them to continue to support the financial stability of the ABI Endowment Fund. We think this is a great opportunity for new and established ABI members to help ensure the long-term viability of the Endowment by becoming a member of the ABI Founders Society.”
— Christoper A. Ward

Leaf border
Leaf border

Grant Awarded to UC Hastings College of Law

Jared Ellias photoThe ABI Endowment recently awarded a grant to the University of California Hastings College of Law on behalf of faculty member Prof. Jared Ellias, a 2020 ABI “40 Under 40” honoree, for a study titled “Bankruptcy Trauma.” Among bankruptcy practitioners and in the academic literature, there is a strong belief that filing for chapter 11 hurts a corporation. In bankruptcy practice, this theory that chapter 11 harms businesses often leads managers to avoid or delay filing for bankruptcy — even when doing so would unlock tools that could help restructure the business — and bankruptcy judges to abridge and limit the process created by Congress.

In academic literature, the damage bankruptcy does to a corporation is often characterized as an “indirect cost” of bankruptcy, and these indirect costs are thought to be important reasons why firms choose to avoid using too much debt. Despite the influence of this belief in practice and in the academic literature, it largely rests on an untested empirical foundation. Prof. Ellias intends to develop a study that will offer an unprecedented glimpse into how chapter 11 impacts a firm’s ability to recruit and retain employees, how consumers respond to the chapter 11 filing of a retailer, and how a bankruptcy filing affects subsequent news coverage of reorganized firms.

Levels of Support

Millennium Level
Contributions of $50,000 and above

30th Anniversary Circle
Contributions of $30,000 – $49,999

Century Council Member 
Contributions of $25,000 – $29,999

Contributions of $20,000 – $24,999

Contributions of $15,000 – $19,999

Lifetime Member
Contributions of $10,000 – $14,999

Contributions of $5,000 – $9,999

Sustaining Member
Contributions of $2,000 – $4,999

Leadership Club
Contributions of $1,000 – $1,999

Contributions of $100 – $999

Pledges at the Leadership Club
level and up are payable over
up to five years.

click to
donate now

Endowment Fund Development Committee

Vice President—Development:
Christopher A. Ward

Committee Members:
Steven M. Berman
Shumaker, Loop & Kendrick, LLP

Eric J. Fromme
Theodora Oringher, PC

Richard S. Lauter
Lewis Brisbois Bisgaard & Smith LLP

Jerry M. Markowitz
Markowitz, Ringel, Trusty + Hartog, P.A.

Bradley D. Sharp
Development Specialists, Inc.

Donald A. Workman

Endowment Fund

Regional Endowment Chairs


Chair: Donald A. Workman – BakerHostetler
Charles Forman – Forman Holt
Neil B. Glassman – Bayard, P.A.
Thomas M. Horan – Cozen O’Connor
Warren Martin – Porzio, Bromberg & Newman, PC
Richard M. Meth
James E. Van Horn – Barnes & Thornburg LLP

Chair: Richard S. Lauter – Lewis Brisbois Bisgaard & Smith LLP
Daniel A. DeMarco – Hahn Loeser & Parks LLP
James A. Lodoen – Lindquist & Vennum LLP
Claire Ann Richman – Steinhilber Swanson
Sheryl L. Toby – Dykema Gossett PLLC

New England
Chair: Jeffrey T. Varsalone – G2 Capital Advisors, LLC

New York Metro
Co-Chair: Lisa G. Beckerman – Akin Gump Strauss Hauer & Feld LLP
Co-Chair: Allen D. Wilen – EisnerAmper LLP

Rocky Mountain
Co-Chair: Annette W. Jarvis – Greenberg Traurig, LLP
Lynne Long – All Business Development Solutions, LLC

Chair: Kristina M. Johnson – Jones Walker LLP
Rudy J. Cerone – McGlinchey Stafford, PLLC
Craig M. Geno – Craig M. Geno, PLLC
James R. Irving – Dentons Bingham Greenebaum
Derek F. Meek – Burr & Forman LLP
James E. Smith – Williams Anderson PLC
Emily Campbell Taube – Burr & Forman LLP


Chair: Jerry Markowitz – Markowitz, Ringel, Trusty + Hartog, P.A.
Terri L. Gardner – Nelson Mullins Riley & Scarborough, LLP
Neil C. Gordon – Arnall Golden Gregory LLP
Jennifer McLemore – Williams Mullen
Jennifer M. Meyerowitz – Summit Investment Management LLC
Edward J. Peterson, III – Stichter, Riedel, Blain & Postler, PA
Lynn Lewis Tavenner – Tavenner & Beran, PLC
Glenn Thompson – Hamilton Stephens Steele & Martin, PLLC

Texas & Southwest
Co-Chair: Jason S. Brookner – Gray Reed & McGraw, PC
Co-Chair: Scott Van Meter – GlassRatner LLC
Jordan A. Kroop – Perkins Coie LLP
John Penn – Perkins Coie LLP
Thomas J. Salerno – Stinson LLP

Chair: Bradley D. Sharp – Development Specialists, Inc.
Randye B. Soref – Polsinelli

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