4th Global Forum on Investing in Distressed Debt

Squire, Sanders & Dempsey L.L.P. is pleased to be sponsoring the 4th Global Forum on Investing in Distressed Debt in Los Angeles on March 30 and 31.

Stephen D. Lerner, Squire Sanders partner and chair of our global bankruptcy and restructuring practice, will participate on the panel “Examining New Interpretations of Bankruptcy Law Relevant to Distressed Debt Investments” on March 30. The panel will discuss:

• Specific case studies
• The impact of government infusion of capital to banks on how restructurings are financed
• Intercreditor issues arising in second lien debt default
• The impact of the unwinding of credit default swaps on the administration of bankruptcy cases
• The Section 363 credit bid process

Squire Sanders partner Thomas J. Salerno, chair of our international financial restructuring practice, will participate on the panel “Exploring Alternative Restructurings: Debt-to-Equity” on March 31. Topics will include:

• Creating conversion checklists
• Examining the debt exchange process
• Analyzing and targeting control positions in distressed situations
• Addressing problems of insufficient capital
• Using prepackaged bankruptcy as an alternative

Mr. Lerner and Mr. Salerno will also co-chair the first day of the forum.

Other conference topics include:

• Examining the changing landscape of buyers and sellers
• Finding the market bottom and maximizing opportunities
• Defining distressed assets in a stressed environment
• Understanding new interpretations of bankruptcy law
• Ushering in a new wave of restructurings and capital innovations