MorrisAnderson

Chicago/Midwest Turnaround Management Association Presents:

Debt Restructuring Strategies Workshop
Thursday, May 26, 2011

Agenda:
12:45 - 1:15 p.m. Registration
1:15 - 2:15 p.m. Panel 1
2:15 - 3:15 p.m. Panel 2
3:15 - 3:30 p.m. Break
3:30 - 4:30 p.m. Panel 3
4:30 - 6:00 p.m. Networking Reception

Location:
The Standard Club
320 S. Plymouth Court
Chicago, IL 60604

Cost:
TMA & Co-sponsoring Members: $85
Non-members: $125

RSVP: by May 24, 2011
To register online or download a resgistration form, visit: tmachicagomidwest.org

Plan on attending the Debt Restructuring Strategies Workshop to increase your understanding of the finer points behind how a turnaround or distressed business situation is typically handled. Whether you are a younger member seeking to understand the various perspectives of different industry players or the seasoned professional looking to hone your insight into how your counterparts behave, this Workshop will prove to be enlightening and lively as our panelists explain how they behave in different situations and what really motivates them. The final panel will then build on the earlier panels by showing how fundamental approaches can often be shifted significantly when viewed in the prism of a closely-held business driven even more by emotion and unspoken family dynamics.

This Workshop has been specifically designed to appeal to a wide range of turnaround and distressed industry professionals, from the lawyer seeking to better understand the business challenges their clients face, the financial advisor seeking to balance competing motivations of conflicting parties, the banker who wants to ensure they are knowledgeable of the day-today issues faced by other professionals, to the other service professionals working in these situations.

Panel #1:

Behind the Curtain—Workout Specialists at Work
Know when to initiate a case including the factors behind the referral of a loan to workout and the lenders first considerations. Find out how are the interests of each party can clash and how turnaround professionals must balance competing interests.

Panelists:
Kathleen Z. Lepak, MidCap Business Credit LLC
Duncan Bourne, Wynnchurch Capital
Craig Wassenaar, Fabcon-USA
Bryan Schwartz, Levenfeld Pearlstein LLC

Panel #2:

Balance Sheet Musical Chairs
Learn the basics of distressed debt investing – when lenders like to sell, and when investors like to buy plus loan to own strategies and the impact on businesses, recapitalization strategies, and unique restructuring strategies and financing options.

Panelists:
Brian Stewart, The Keystone Group
Harold Israel, Kaye Scholer LLP
Brian Boorstein, Granite Creek Partners
Tom Pabst, HYPERAMS LLC
Jamie Lisac, Dresner Partners

Panel #3:

The 4th of July Management Meeting—Where the Fireworks Really Fly
Family business turnarounds and workouts are always a challenge. Learn about the unique attributes of family businesses , the personal guarantees and risk along with succession planning (what if Junior doesn’t want to run the business)?

Panelists:
Anup Sathy, Kirkland & Ellis LLP
Dave Bagley, MorrisAnderson
Todd Camp, One West Bank
Bruce Werner, Kona Advisors
Dan Loughman, Roman Inc