About
Our Executive Speaking Faculty:
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Weston
Anson, Chairman, CONSOR®
Weston
Anson is Chairman of CONSOR®, an intellectual
asset consulting firm specializing in trademark, patent
and copyright licensing, valuations, and expert testimony.
The firm is headquartered in La Jolla, California,
and has offices in New York and London. He served
for six years as Vice President of the Licensing Industry
Merchandisers' Association and is a lifetime member
of the Board of Advisors. He is the past Co-Chair
of the ABA Trademark Licensing Sub-committee and was
the Co-Chair of the Asset Sales Committee for the
American Bankruptcy Institute (ABI). An active member
of the Licensing Executives Society, he is a past
Chairman of the Valuation Committee; the Internet
Licensing E-Commerce Committee; and the Trademark
Licensing Committee. He is currently on the International
Board of LES. He is also active in INTA, the ASA and
the Euro-American Tax Institute. In addition, Mr.
Anson is an International IP Arbitrator with NAM (National
Arbitration and Mediation) and a WIPO approved arbitrator.
Most recently, he authored a new book entitled, “The
Attorney’s Guide to the Business Mind,”
published by Kaplan.
A
seasoned consumer goods marketer, after receiving
his MBA (honors) from Harvard University, he served
a stint with the management consulting firm of Booz-Allen
& Hamilton. Subsequently, he was the youngest
Vice-President and corporate officer at Playboy Enterprises,
Inc., where he launched many of their licensing programs.
Mr. Anson, for the last 20 years, has also led the
way in developing and establishing accepted methods
to value brands, technologies and other IP for companies.
He is an expert in establishing licensing strategies
for brands, as well as developing and managing licensing
programs for a number of clients. He is a lecturer
and author of over 150 articles on the subjects of
licensing, valuation, reorganization in bankruptcy,
technology and brand values, and the impact of licensing
on value.
Mr. Anson was also Senior Vice President of Hang Ten
International, which grew to nearly 100 licensees
in 30 countries under his direction. Since founding
CONSOR (and its predecessor company Trademark &
Licensing Associates), he has developed numerous licensing
strategies for major corporations and has performed
valuations of hundreds of intellectual property components
including: AAA, Barneys, America’s Cup, Budget
Rent A Car, Caterpillar, Inc., Estate of Dr. Seuss,
Donna Karan, Amazon.com, DuPont, Ford Motor Company,
General Motors Corporation, Hard Rock Café,
Harrods, Hilton, IBM, L.L. Bean, Inc., Levi Strauss
& Co., L’Oreal, Louisville Slugger, Lucasfilms,
Ltd., Marvel, Mattel, McDonald’s Corporation,
MGM/UA, NCR, The Olympics, PepsiCo, Polo/Ralph Lauren,
Procter & Gamble, QVC, Sara Lee, Sesame Street,
Sony Corporation, the Vatican Library and Xerox Corporation.
Today,
Mr. Anson and his firm concentrate on two primary
areas: Developing effective leverage and licensing
strategies for major companies; and establishing specific
market values for trademarks, patents, brands and
other intangible assets. Oftentimes they are retained
by legal and financial counsel such as The Blackstone
Group, Ernst & Young, Lazard Frères and
JP Morgan Chase. He travels extensively counseling
multi-national corporations and private companies
in the U.S. and overseas. Mr. Anson currently sits
on the Board of Directors of Helix BioMedix, a bio
pharmaceutical company headquartered in Bothell, Washington.
An accomplished skier and hot air balloonist, he also
races competitively on the SCCA and NASA circuits.
He splits his time between homes in Aspen and La Jolla.
To learn more about CONSOR, please visit www.consor.com.
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Richard
Benson, President, Specialty Finance Group LLC
The Specialty Finance Group, LLC is a boutique FINRA
Broker/Dealer specializing in bringing equity, subordinated
debt and senior credit facilities to finance companies
(see www.sfgroup.org).
Richard
Benson is also a widely-published author on securitization
and a sought after speaker at financing conferences
on raising equity for mid-market finance companies.
He is also the author of “Benson’s Economic
and Market Trends”, a newsletter highlighting
the economy and world events that greatly influence
our financial future. Excerpts of his articles have
been published in The New York Times, Financial
Times, and Barron’s.
Prior
to founding the Specialty Finance Group in 1989, Mr.
Benson acted as a trading desk economist for Chase
Manhattan Bank in the early 1980’s and started
in the securitization business in 1983 at Bear Stearns.
He also helped build the early securitization businesses
at Citibank and E.F. Hutton.
Mr.
Benson graduated from the University of Wisconsin
in 1970 in the Honors Program in Math, and did his
doctoral work in Economics at Harvard University.
Mr. Benson is a member of the Harvard Club of New
York and Palm Beach.
The
Specialty Finance Group, LLC is a Florida Limited
Liability Company and is registered with FINRA/SIPC
as a Broker/Dealer. |
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Bruce
Berman, Chief Executive Officer, BRODY BERMAN ASSOCIATES
Bruce Berman is CEO of Brody Berman Associates, a
New York-based communications strategy firm that that
assists intellectual property assets, businesses and
investors. Over the past twenty-one years Berman has
worked with many of the world’s leading patent,
copyright and brand owners, investors and lawyers.
He also has written about IP disclosure, transactions
and reputation.
In the 1990s Berman conducted shareholder relations
programs for technology and other innovative companies,
including MiSonix and Marvell Entertainment whom he
advised for Carl Ichan after the company had filed
for bankruptcy. Previously, he supported debt and
equities research for financial institutions and banks,
including DLJ (now Credit Suisse), Bear Stearns and
L.F. Rothschild, Unterberg, Tobin.
Among the books Berman has edited and contributed
to are From Ideas to Assets, Making Innovation Pay,
From Assets to Profits and Hidden Value. He first
became known in the IP field in 1989 when Brody Berman
Associates was retained by Kenyon & Kenyon to
help rebuild its reputation after being defeated in
Polaroid v. Kodak, the first billion dollar patent
damages award.
Berman is a member of the IP Hall of Fame Academy
and is listed in The World’s Leading IP Strategists.
His column, The Intangible Investor, has appeared
regularly in Intellectual Asset Management magazine
since 2002.
www.brodyberman.com |
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Benjamin
Bornstein, Managing Partner, INDIGO ASSET MANAGEMENT
Benjamin Bornstein, Managing Partner of Indigo Asset
Management LLC, has over 25 years experience in corporate
finance and restructuring.
As the leader of Indigo Asset Management, he has ultimate
profit and loss responsibility and provides leadership
on all investment activities and operations conducted
by the firm. He chairs the firm's investment committee
and oversees the activities of the firm's distressed
investment group, its high-yield middle-market asset
based loan group and the respective group activities
in asset management, investment resolution and internal
fund administration and operations.
Mr. Bornstein's background prior to Indigo includes
various assignments during a 10-year tenure at GE
Commercial Finance, including executive management
in distressed investing, business development and
transaction management in mergers and acquisitions,
as well as an executive-band assignment as corporate
counsel. In such roles, Mr. Bornstein either led or
managed over $3.5 billion of investments in asset-based
loans. Prior to this assignment, Mr. Bornstein practiced
bankruptcy law and corporate finance for seven years
with Mayer Brown LLP and Fried, Frank, Harris, Shriver
& Jacobson LLP.
Mr. Bornstein holds a Bachelor of Arts degree in Economics
from the University of Michigan and a Juris Doctorate
degree from New York University School of Law. In
addition, Mr. Bornstein is member of the New York
Bar Association. |
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Christopher
S. Brothers, Managing Director, Saybrook Capital,
LLC
Mr.
Brothers has over 22 years of experience as a distressed
debt and private equity investor as well as a financial
advisor specializing in mergers and acquisitions and
financial restructurings. He is the Co-Portfolio Manager
of the Saybrook Corporate Opportunity Fund, a special
situations investment fund that provides capital to
lower middle market companies in the U.S. and Canada.
Prior to joining Saybrook, he was actively involved
in approximately $950 million of distressed debt and
private equity investments during his decade-long
tenure at Oaktree Capital Management. While at Oaktree,
Mr. Brothers was involved in all aspects of private
equity and distressed debt investing including representing
Oaktree as a director on eight portfolio company boards
of directors. Before joining Oaktree, Mr. Brothers
advised on mergers & acquisitions and restructuring
transactions at Salomon Brothers and Price Waterhouse.
Mr. Brothers received his MBA and undergraduate degree
from Michigan State University after completing a
five-year accelerated joint graduate/undergraduate
program. He is a Chartered Financial Analyst and a
Certified Public Accountant.
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Peter
Cecchini, Chief Strategist & Head of Special Situations,
BGC PARTERS
Peter
is currently Chief Strategist and Head of Special
Situations at BGC Partners. BGC Partners, Inc. (NASDAQ:
BGCP), formerly a subsidiary of Cantor Fitzgerald,
is one of the world’s leading inter-dealer brokers
(IDB). From January 2007 through December 2009, Peter
was a Partner and Portfolio Manager at Seven Bridges
Management, LP. Seven Bridges was an event-driven,
special situations hedge fund with a distressed investing
focus. The fund took long and short positions of varied
duration throughout companies’ capital structures,
including equity, bonds, and bank debt.
Prior to Seven Bridges, Peter spent almost four years
at Mellon Financial Corporation (within its Mellon
HBV Alternative Strategies, LLC subsidiary) most recently
as a Managing Director and group head of distressed
investing. Until its acquisition by Mellon Financial,
he spent approximately three years as an Analyst and
Senior Analyst at HBV Capital Management. Peter departed
Mellon upon the acquisition by BNY and spinout of
the Mellon HBV subsidiary.
Peter possesses a wide range of experience investing
actively and passively in the distressed space. From
2005 through 2007 and upon its emergence from bankruptcy,
he sat on the Board of Directors of Ormet Corporation,
a North American integrated aluminum producer. Peter
has chaired or served on numerous equity, unsecured,
secured and bank steering committees. Of note, he
chaired the equity committee of Impath Corporation,
the first such committee in the SDNY in over a decade,
and he helped engineer the sale of the company to
Genzyme.
Before joining HBV, he spent approximately five years
as a consultant at a firm he co-owned, and he was
an active investor in commercial real estate, primarily
consisting of the acquisition and sale of U.S. Postal
properties. Peter speaks routinely at FT’s Debtwire
Conference, and he spoke at Deal Flow Media’s
2009 Conference. He has been cited in a number of
articles regarding distressed investments. Peter has
also appeared on Fox Business News and CNBC as a commentator.
He holds an MBA from Columbia University (Dean’s
List), a JD from Boston University School of Law (Edward
F. Hennessey Scholar; American Jurisprudence Prize)
and a BA from Haverford College (Beta Rho Sigma).
He is a current Member of the NY State Bar.
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Paul
S. Chaben, CPA, Director Business Development, AMR,
A Division of TEKsystems Global Services, LLC
With
over twenty-five years in the accounting, property
tax, and asset management arenas, Paul Chaben, CPA,
is currently the Director of Business Development
for Asset Management Resources (AMR), a Division of
TEKsystems Global Services LLC. Paul has been with
AMR in various capacities since August 1992. He has
been instrumental in AMR’s emergence as a leader
in Fixed Asset Management Services. Paul has been
able to help companies realize the benefit of physical
fixed asset inventory & reconciliation services
for a variety of financial and tax objectives. Paul
holds a BA Accounting Degree from Michigan State University
and a MBA Finance Degree from Indiana University. |
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Robert
J. Dehney, Partner, Practice Group Leader, Business
Reorganization and Restructuring Group,
MORRIS, NICHOLS, ARSHT& TUNNELL LLP
For
20 years Rob Dehney has served as counsel in high-profile
bankruptcy cases filed by public companies with assets
in excess of $250 million. He leads the Group regarded
by The Daily Bankruptcy Review as one of the most
prolific restructuring and reorganizing practices
in the U.S. and winner of a 2009 Turnaround Atlas
Award and 2009 M&A Advisor U.S. Middle-Market
Financing Award.
Rob’s substantial experience extends to representations
of debtors and creditors in all facets of pre- and
post-Chapter 11 filings that include out-of-court
reorganization and restructuring, acquisitions, specialized
lending arrangements and advice to executives and
boards of directors. His representations span a diversity
of industry segments and include specialty retail,
housing, steel manufacturing, insurance, mortgage
brokerage and consumer finance. He recently served
as lead counsel to Hancock Fabrics Inc., one of the
only national retailers to emerge successfully from
Chapter 11 as a reorganized entity since enactment
of the new bankruptcy amendments in 2005. He has substantial
experience representing purchasers of distressed companies
and/or assets including notable clients EchoStar,
IER Corp, McDonald's Corp and Fortistar Capital.
www.MorrisNichols.com |
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Scott
A. Eisenberg, Managing Partner & Co-Founder, Amherst
Mr.
Eisenberg is a co-founder of Amherst and specializes
in advising small to middle market companies on mergers
and acquisitions, restructurings, financings, business
valuations, turnarounds and other advisory services
for companies in the manufacturing, service, technology,
distribution and retail industries. In his career,
Mr. Eisenberg has worked on over 50 investment banking
transactions, and has advised over 100 companies on
various financial advisory and consulting assignments.
He has managed many financial restructurings, distressed
company sales and liquidations. He has served as a
court appointed receiver, CRO (Chief Restructuring
Officer), and financial advisor to many troubled companies
in and out of court. Many of these assignments resulted
in a sale or refinancing.
Prior to forming Amherst, Mr. Eisenberg was a Vice
President of Onset BIDCO, Inc., a subordinated debt
investment company, and was part of the management
team that built a large and successful portfolio consisting
of over 20 investments in small and medium sized companies
with revenues between $2 and $50 million.
Mr. Eisenberg was also with Deloitte & Touche,
serving as a Manager in the National Office Corporate
Finance Group, providing merger and acquisition, financing
assistance and valuation services for middle market
clients. In addition, Mr. Eisenberg was an instructor
for D&T at its national staff training seminars.
Mr. Eisenberg is active in many organizations, serving
as: Past President of the Detroit Chapter of the Association
for Corporate Growth; Past President and board member
of the Detroit Chapter of the Young Entrepreneur’s
Organization; Past President of the Young Adult Division
of the Jewish Federation of Metropolitan Detroit and
member of the Federation’s Board of Governors;
Past President of the American-Israel Chamber of Commerce
of Michigan; Past Chairman of the Automotive Supplier
Committee of the Michigan Assoc. of CPA's; and, Past
President of the Southeastern Michigan Venture Group.
Mr. Eisenberg is a CPA, earning his bachelors degree
in accounting at the University of Illinois and his
MBA in finance at Indiana University. He was included
in Crain's Detroit Business list of "40 under
40.” |
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Michael
J. Epstein, Managing Partner, CRG PARTNERS GROUP LLC
Michael
J. Epstein spends his time primarily in the firm’s
New York office. His practice is centered on crisis
management, financial advisory services and bankruptcy
consulting activities in both middle market and large
transactions.
Mr. Epstein has been an integral part of the firm
since 1989, and his experience spans a wide variety
of industries, including:
- Business
services
- Construction
- Consumer
products
- Distribution
- e-commerce
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- Financial
services
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Food service
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High technology
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Marketing
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Retail
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Mr. Epstein works with management teams, creditors,
creditors’ committees and boards of directors
in all aspects of distressed businesses, operational
re-engineering and financial restructuring. A few
of notable engagements include:
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Chief Restructuring Officer for a $200 million consumer
goods direct sales organization
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Turnaround advisor for a $750 million manufacturer
of specialty apparel
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Expert Witness for a $1.5 billion financial services
company in a malpractice action
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Post-restructuring Board member for a medical communications
and events management company
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Financial Advisor to post-restructuring beneficial
owners for a $400 million capital goods manufacturer
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Restructuring advisor for a $500 million global
contract manufacturer
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Provided borrower representation and served as board
director for a $100 million national specialty retailer
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Financial advisor to a multi-bank syndicate for
a $300 million distributor of CATV and electronics
parts
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Managing agent for a $400 million small-ticket leasing
company
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Chief restructuring officer for a $150 million national
provider of marketing consulting, management training
and HR-led
services
Previously,
Mr. Epstein was CEO of CFS Americas. CFS, now IDS
Group, is the largest provider of software solutions
for specialized asset-based finance and back-office
support for lease administration. Mr. Epstein helped
found CFS’ first business unit outside of the
United Kingdom and held a board seat for the parent
company for nearly six years.
Mr. Epstein holds a bachelor’s degree from Tufts
University and an MBA from the Wharton School at the
University of Pennsylvania. He is the author of “Furthering
Insolvency”, Institutional Investor Corporate
Governance Guide (October 2003) and “Beyond
Investor Relations: Communicating with Stakeholders
in a Crisis”, Investor Relations (Spring 2003). |
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Joseph
J. Farricielli, Investment Manager, FIDELITY NATIONAL
SPECIAL OPPERATIONS, INC.
Joseph
J. Farricielli, Jr. was a Senior Vice President and
portfolio manager for Fidelity National Special Opportunities,
Inc. (“FNSO”), a wholly-owned subsidiary
of Fidelity National Financial, Inc. (NYSE:FNF). Farricielli,
in addition to founding the group, managed the identification
of distressed acquisition targets and the restructuring
process. While at FNSO he completed the restructuring
of Remy International, Inc., a $1.2B OEM, after-market
manufacturer, and re-manufacturer of starters and
alternators for the transportation industry. He also
led the Section 363 purchase of
Vicorp Restaurants, Inc., the owner of Village Inn
and Bakers Square concept.
Prior to FNSO, Farricielli worked at a Beverly Hills,
CA private equity firm and an investment bank, Imperial
Capital (“Imperial”). While at Imperial,
Farricielli was a sell-side analyst for almost three
years covering the automotive, general industrial,
metals and mining and chemical industries, as well
as servicing as a Vice President in the Corporate
Finance department.
Prior to Imperial, Farricielli was a Director in the
Special Accounts Management group of Scotia Capital
in New York City, where he worked on the reorganization
of several prominent corporate bankruptcies, including
LTV Steel, 360 Networks, Regal Cinemas, Prime Succession
and Covanta Energy Corporation. Farricielli’s
career began at GE Capital where he focused on the
financing of lower middle-market companies in various
industries.
Farricielli is a former member of the Board of Directors
at NTN Buzztime, Inc. (AMEX:NTN), an interactive media
company. Farricielli earned a BA in History from Salve
Regina University and an MBA from the University of
New Haven. |
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David
J. Fischer, Partner, WILDMAN HARROLD ALLEN & DIXON
LLP
David
Fischer is a partner and a Co-Chair of the Business
Transactions Department of Wildman Harrold. With nearly
30 years of experience focused on the interplay of
finance and law, David has a reputation of being a
skilled strategist who is highly regarded for structuring
innovative business deals and workouts. He is experienced
in
handling financings, workouts, restructurings, foreclosures
and Chapter 11 liquidation from virtually every constituent's
perspective. David's practice spans many segments
with a particular focus on finance, real estate, insurance
and private equity. As a trusted adviser, he has a
unique ability to find the missing piece of the puzzle
to maximize the value of a deal to all parties involved,
allowing complex problems to be solved quickly and
efficiently. David was named an Illinois Super Lawyer
in Bankruptcy and Debtor/Creditor Rights in 2010 and
2009. |
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Peter
Forsch, Principal, THENORTHSTARGROUP
Mr.
Forsch is a business manager, developer, strategist,
and innovator with more than 25 years of experience
leading, managing, and facilitating key projects and
initiatives in all aspects of real estate and in particular
resort, resort residential, master planned communities,
hospitality and commercial real estate. Mr. Forsch
has refined the art of integrating vision, land plans,
product segmentation, amenity creation, aesthetic
design elements, and cost and delivery plans with
targeted buyers to create successful projects. Mr.
Forsch's vast experience includes top level management
of some of the largest, most sophisticated and successful
projects in North America. Forsch has spent his career
leading the management and development of a wide variety
of diversified real estate portfolios including master
planned golf, ski, and beach communities along with
commercial, retail, office, multi family and hotel
development. He has overseen the feasibility analysis,
acquisition, design, positioning, building, marketing,
and management of numerous renowned resort, resort
residential, master planned and primary home communities
as well as commercial and retail projects throughout
the United States, Mexico, Central America and the
Caribbean. |
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Seth
R. Freeman, CEO & Chief Investment Officer, EM
CAPITAL MANAGEMENT, LLC
Seth R. Freeman, CIRA, is the CEO and Chief Investment
Officer of EM Capital Management, LLC, a U.S. SEC
registered investment adviser and fund manager specializing
in emerging and frontier markets and distressed assets.
He is a Certified Insolvency & Restructuring Advisor
and been a principal and/or advisor involved with
private equity, turnaround management and distressed
assets since 1982. In addition to his emerging markets
investment management activities, he specializes in
complex, cross-border emerging markets distressed
and underperforming assets, resolving investment problems
includ-ing operational and financial restructuring,
sensitive due diligence and fraud investigations,
cross-border insolvency and interim asset management
and disposition on behalf of boards, funds, investors,
lenders, creditors and government agencies.
In connection with EM Capital Management’s global
asset management operations, Seth is re-sponsible
for global business strategy, client service and overseeing
investment implementation. He is also the Lead Portfolio
Manager of EM Capital India Gateway Fund (EMINX) a
mid and small cap bias India-focused mutual fund and
several India, China and Vietnam-focused private equity
and hybrid in-vestment vehicles for both U.S. and
off-shore investors. An acknowledged India expert,
he appears every Thursday morning on NDTV-Profit in
India and is a frequent contributor on Bloomberg TV,
CNBC and CNBC Awaaz and is regularly quoted in the
Wall Street Journal, Business Week, Forbes, Bloomberg,
Economic Times, Business Standard, DNA India, and
other finance publications.
The firm’s U.S. headquarters are in San Francisco
with senior investment professionals located in Mumbai,
Delhi, Singapore, Hong Kong, Hanoi, Mexico City and
New York. EM Capital Management (Hong Kong) Limited
is the regional office providing deep local-market
expertise and investment man-agement in the Greater-China
region and Southeast Asia., including Vietnam.
EM Capital Management principals have many years experience
as investors and advisors in connection with distressed
assets, securities and real estate on a global basis
including the U.S. Savings and Loan Crisis, the 1994
Mexican Banking Crisis, the 1997 Asia Financial Crisis
and the present recov-ery from the Global Financial
System Crisis. Principals advised the U.S. RTC, FDIC
and the Mexican Central Bank and Mexican intervened
banks in the resolution, management and disposition
of over $10 billion of distressed and non-performing
assets, securities and intervened banks. More recently,
Seth served as fiduciary in the investigation and
recovery of a multi-year investment fraud involving
an Argen-tine airline that filed for protection under
the insolvency laws in Argentina, successfully obtaining
a U.S. Federal District Court jury verdict for securities
fraud against the U.S. general partner.
Seth has been a Director of the Turnaround Management
Association Northern California chapter for the past
8 years and is the past Chairman of the Editorial
Board of the TMA Journal of Corporate Re-newal. He
has served on the faculty of the Commercial Finance
Association International Workshop. Seth teaches seminars
and speaks on investing in emerging markets at leading
MBA programs including UC Berkeley Haas, Thunderbird,
Wharton, NYU, Columbia and Harvard. He frequently
teaches master-classes and speaks at major investment
conferences around the world. Prior to co-founding
EM Capital Management, he was the Senior Emerging
Markets Consultant at Barr Rosenberg Investment Manage-ment,
now AXA Rosenberg, a unit of AXA IM. Seth holds an
MBA in International Management from Thunderbird and
is an Executive in Residence at the Thunderbird Global
Financial Services Center. |
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Gabriel
Fried, CEO, Streambank LLC
Gabe
Fried is the founder and CEO of Streambank LLC, an
industry leading advisory firm specializing in intangible
assets. Over his career, he has provided appraisals
and valuations of intangible assets for asset based
lenders, equity investors, and as an expert witness.
Additionally, Gabe has advised numerous firms on strategy
matters concerning patent portfolios, trademark licensing
agreements, and other matters concerning intangible
assets. His industry experience includes consumer
products and retail, high technology, medical devices,
and manufacturing, including automotive. Gabe has
successfully represented Collins & Aikman, Circuit
City Stores, KB Toys, and other large clients in the
disposition of their intangible assets in bankruptcy,
raising tens of millions of dollars for creditors.
Gabe earned his Master’s Degree in Economics
from the University of Illinois and is a member of
the Turnaround Management Association and American
Bankruptcy Institute. He speaks frequently on issues
surrounding the valuation and disposition of intangibles
during restructuring and liquidation. |
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Matthew
Garff , Principal, Sun Capital Partners
Matthew
Garff is a Principal with Sun Capital Partners. He
joined Sun Capital as an Associate in 2001. In 2003,
Matthew moved to Los Angeles to help open Sun Capital’s
Los Angeles office. During his time at Sun Capital,
Matthew has acquired controlling interests in businesses
within a variety of industries & using multiple
structures. Matthew’s experience with manufacturing
companies includes businesses in the food, metals,
textiles, building products and electronics industries.
His retail experience includes businesses in apparel,
work uniforms, auto parts & fast food.
Prior to joining Sun Capital Partners in 2001, Matthew
worked for The Carlyle Group in Washington, DC. Prior
to Carlyle, he was with KSL Fairways, an affiliate
of KKR which specialized in acquiring golf courses.
Mr. Garff received a B.S. from the University of Utah
and an MBA from the University of Chicago Booth School
of Business. |
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Steven
Gerbsman, Managing Partner, GERBSMAN PARTNERS
Steven
R. Gerbsman is a nationally recognized Crisis/Turnaround
CEO/Professional and Private Investment Banker who
has been involved in maximizing enterprise, stakeholder
and shareholder value in a broad variety of industries.
He has worked with a wide spectrum of senior and junior
lenders, bondholder groups, venture capital and equity
sources, private investors and institutional groups.
He has acted in the capacity of Crisis/Turnaround
CEO, Crisis Consultant, Private Investment Banker,
Examiner for the Office of the United States Trustee,
a member of the Board of Directors of various companies
and Advisor to stakeholder groups.
Mr. Gerbsman has over 41 years of senior management,
marketing, sales and finance experience and has been
involved in various business and investment ventures
as an Officer, Director, Consultant and Investor,
both in the US and internationally.
Since 1980, he has been in the business of maximizing
enterprise value for highly leveraged, under-valued,
under-performing and under-capitalized technology,
life science and medical device companies and their
Intellectual Property, as well as assisting Mobile
2.0 and Web 2.0/3.0 companies with strategic alliances,
M&A, distribution of content and licensing. To
date, Mr. Gerbsman has been involved in over $ 2.3
billion of restructuring, financing and M&A transactions.
In 2000, he also began focusing on Israeli and European
technology and life science companies, with the objective
of providing access to the US capital markets and
developing strategic alliances, M&A and licensing
opportunities for them.
In 1999, Mr. Gerbsman expanded Gerbsman Partners'
"Board of Intellectual Capital" as a resource
to rapidly identify business and marketing strategies,
strategic alliance candidates and financing for its
client companies and their Intellectual Property.
This distinguished group includes nationally and internationally
recognized financial, communications, media, advertising,
public relations and technology senior operating executives.
Mr. Gerbsman has also assisted numerous Venture Capital/Private
Equity Investors in terminating/restructuring their
real estate and equipment lease executory contracts.
To date, he has been involved in terminating/restructuring
in excess of $ 790 million of real estate, sub-debt
and equipment lease executory contracts and since
2001, has maximized enterprise value for 60 technology,
life science and medical device companies and their
Intellectual Property.
Prior to forming Gerbsman Partners in 1980, he was
President of four operating divisions at ITEL Corporation
with responsibility in the technology, leasing and
business sectors. Mr. Gerbsman began his business
career at the IBM Corporation in 1967.
Mr. Gerbsman received a BS degree in Accounting from
Hunter College, New York and attended the Baruch Graduate
School of Business, in New York City. Mr. Gerbsman
has also been a guest lecturer at the University of
San Francisco’s MBA program, Georgetown University’s
MBA program and at the Haas Graduate School of Business
in Berkeley, California. |
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Michael
H. Goldstein, Shareholder, GREENBERG TRAURIG
LLP
With more than twenty-four years of experience, Michael
H. Goldstein focuses his practice on representing
debtors, sponsors, bondholders, creditors, committees
and purchasers of distressed assets. Mr. Goldstein's
representations have spanned a variety of industries,
including chemicals, finance, healthcare, hospitality,
high-tech printing, real estate, retail and technology.
Mr. Goldstein is an active participant in chapter
11- related conferences, including panels at the National
Conference of Bankruptcy Judges, the national conferences
of the American Bankruptcy Institute, the Association
of Insolvency and Restructuring Advisors, and the
International Council of Shopping Centers; and a variety
of regional conferences. He has lectured on the following
topics: second lien debt; sub prime lending; conflicts
of interest; litigating confirmation issues; valuation;
expert testimony; compensation of professionals; and
executory contracts in retail chapter 11 cases.
Mr. Goldstein is a contributing author to Collier
on Bankruptcy, Chapter 9 (Adjustment of Debts of a
Municipality. Mr. Goldstein received his bachelor’s
degree in accounting and economics, magna cum laude,
from Franklin Marshall College (1981) and received
his juris doctorate, cum laude, from Harvard University
(1984). Mr. Goldstein has been selected by Southern
California Super Lawyers (2005-2010), and The Best
Lawyers in America (2005-2010). |
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Adam
Gottlieb, Managing Director, INDUSTRIAL OPPORTUNITY
PARTNERS LLC
Mr. Gottlieb is a Managing Director and Co-Founder
of Industrial Opportunity Partners (“IOP”),
a private equity investment firm focused on acquiring
operationally challenged and financially distressed
middle-market manufacturing companies. IOP is currently
investing its inaugural fund of $185 million. Mr.
Gottlieb has 14 years of transaction experience as
a private equity investor and investment banking advisor.
He has experience in carving-out corporate orphans,
acquiring family-owned businesses, completing public-to-private
transactions and acquiring bankrupt companies. At
IOP, Mr. Gottlieb co-manages the operations of the
fund, in addition to sourcing and executing transactions
and managing portfolio investments. He currently serves
as a Director of Algoma Holding Company, FAS Controls
Holdings Inc., Center Manufacturing, Inc., Gulf Coast
Machine & Supply Company and Carlson Systems Holdings,
Inc.
Prior to co-founding IOP, Mr. Gottlieb was a Director
at TMB Industries, a Chicago, IL based private equity
firm specializing in acquiring middle-market manufacturing
companies. Prior to joining TMB Industries, he was
a Vice President at Macquarie Securities USA (f.k.a.
Ernst & Young Corporate Finance LLC) focused on
buy-side, sell-side and financing placement advisory
services. Mr. Gottlieb graduated from the University
of Michigan and holds an MBA with High Distinction
and a BA with Distinction. |
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John
C. Haeckel, Member, Chilmark
Mr. Haeckel joined Chilmark upon its formation in
1984 and became a partner in 1987. He has led Chilmark
teams on assignments for Chrysler LLC, Interstate
Bakeries, Wellman, Merisant, Adelphia Communications,
Apex Oil Company, Raymond International, Carson Pirie
Scott, North American Car Corporation, Global Marine,
Act Manufacturing, Tower Records, Genesis Health Ventures,
XO Communications, WestPoint Stevens, Cook Inlet Region
and Zapata Corporation.
Mr. Haeckel is also an experienced principal investor,
leading acquisition teams and participating in all
facets of post-acquisition strategy. He was the Chairman
of the ContinentalAFA Dispensing Company board and
a board member of International Knife & Saw, Philips
& Temro Holdings, Simonds Industries, and Nutramax
Products. In addition to these investments, Mr. Haeckel
led the acquisition of Broadway Department Stores
and Santa Fe Energy Resources.
From 1994 through 1995, Mr. Haeckel served as Chief
Financial Officer of Broadway Department Stores, and
led the Company’s negotiations in its sale to
Federated Department Stores. Subsequently, he joined
CB Richard Ellis as Chief Financial Officer. He worked
closely with the CEO in the acquisition and integration
of 11 companies, raising nearly $1 billion of financing
to complete those transactions.
Mr. Haeckel was graduated from Rice University with
a B.A. and an M.B.A. |
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Steven
Hoffman, President and CEO, ThinkFire Services Inc.
As CEO of ThinkFire, Steve has responsibility for
the development and execution of the company’s
strategy, business development and client service
delivery as well as all internal functions. Prior
to joining the company, he has held a number of leadership
positions in the consulting and software industry.
Most recently, Steve served as the Chief Operating
Officer of Exchange Solutions Incorporated (ESI).
ESI is the industry leader in installing and operating
a proprietary CRM solution for banks, telephone companies
and retailers which, due to its innovative approach
of automating the negotiation between service providers
and customers, delivers significantly above industry
standard customer profitability and retention versus
other CRM providers. As COO, Steve had responsibility
for technology development, sales and customer implementation
and led the firm to record revenue and profitability.
As Executive Vice President and Chief Strategy Officer
for Sapient, Steve was responsible for the successful
transition of Sapient from Internet consultants to
designers, builders and operators of mission critical
transaction and operations management systems for
the firm’s Fortune 200 clients. Subsequently,
as the head of Sapient’s Financial Services
practice, he restored the company’s largest
business unit back to profitability after the technology
bust of 2001.
In consulting, Steve led the Chicago office and the
Global Strategy Practice as a Senior Vice President
of CSC Index, the originator and leading practitioner
of Business Process Reengineering. Previously, as
a Partner at Bain and Company, he ran the firm’s
Boston office and sold and led engagements for CEO’s
and other C-level executives on issues of corporate
portfolio and financial strategy, business unit strategy
and growth strategy in the health care, financial
services, automotive and defense industries.
Steve has been a frequent speaker at conferences and
corporate events on the subjects of strategy implementation
and generating predictable business results from technology
investments. He holds a B.A. in Economics from Wesleyan
University and an MBA in Finance and Business Statistics
from the University of Chicago |
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Ian
Johnson, Co-founder, Managing Director, Executive
Director, Helmsman Funds Management Ltd.
Prior
to founding Helmsman, Ian was retained by Australian
investment bank Macquarie Bank, to acquire and manage
investments in distressed assets. The returns achieved
by this business provided the impetus for the establishment
of the first special situations fund in Australia
in a joint venture between Macquarie and KPMG, which
has achieved a gross IRR of c. 55% (2.2x) since 2002.
In 2007, Ian and his co investment director completed
a management buy-out of the JV partners from the management
company and the fund. Helmsman closed its second fund
@ AUM97 in February 2009, and since made 4 primary
and 2 follow-on investments, reporting a gross IRR
of ~19% to December 2009.
Ian
has over 20 years of experience in investment and
corporate banking and has been involved in the work-outs
and restructuring of a number of the major corporate
failures in Australia. He is the past president and
current Chairman of the Turnaround Management Association
in Australia.
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Garrett
P. Kanehann, Partner, BLACKEAGLE
PARTNERS, LLC.
Garrett P. Kanehann is a co-founder and partner of
BlackEagle Partners, a lower middle market private
equity fund focused on turnarounds and special situations.
Mr. Kanehann has worked extensively on out-of-court
restructurings, creditor negotiations and bankruptcy
situations and has led investments in a broad range
of industries including consumer products, trucking,
mining, manufacturing and construction. He is a current
director of Federal Broach & Machine Corp., Rockford
Products, LLC, and Eurodesign Cabinets, LLC and InStar
Services, LLC, the 2009 Private Equity Turnaround
Deal of the Year. Prior to co-founding BlackEagle,
Mr. Kanehann was a member of the general partner of
Questor Partners, an $860 million turnaround and special
situations fund, where he led transactions and sat
on the board of several of its portfolio companies.
Prior to joining Questor Partners in 1995, he was
in the corporate finance department at Bear Stearns
& Co. Inc., New York. Mr. Kanehann received his
Bachelor’s degree in English from the University
of Notre Dame, where he was a Notre Dame Scholar,
and his MBA in finance from The Wharton School of
the University of Pennsylvania. |
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Steven
Krawchuck, Managing Director, CRYSTAL CAPITAL
With 15 years of corporate finance and investing experience,
Stephen Krawchuk is a Managing Director who oversees
Crystal’s Los Angeles office.
Prior to joining Crystal, he was a Senior Vice President
at Contrarian Capital Finance. He was the Western
Regional Marketing Director for Wachovia Capital Finance,
a Director with Deutsche Banc Alex. Brown, and a Director
with Greyrock Capital. He began his finance career
with Foothill Capital in Los Angeles, after attaining
his CPA with PriceWaterhouse.
He is a graduate of the Eller School of Entrepreneurship
and Management and received his BA in accounting and
finance from the University of Arizona. Stephen currently
serves on the Board of Directors for the Los Angeles
chapters of the Commercial Finance Association and
The Turnaround Management Association. |
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Katalin
E. Kutasi, Principal, Portfolio Manager, Director
of Distressed & High Income Investing,
Kellner DiLeo & Co.
Ms. Kutasi is the Portfolio Manager and Director of
Distressed & High Income Investing at Kellner
DiLeo & Co. which she joined in 2005. Ms. Kutasi
brings more than 27 years of distressed and industry
experience to Kellner DiLeo, a multi – strategy
hedge fund group. Prior to Kellner DiLeo she was most
recently Senior Vice President/Director of High Yield,
Distressed and Private Securities Research at Alliance
Capital Management, L.P. Ms. Kutasi had joined Alliance
in 1989 and was the firm’s senior restructuring
professional. While at Alliance she managed a team
of fifteen research analysts that supported multi
billion dollar portfolios of dedicated high yield,
bank loan and private placement investments. Prior
to Alliance, she was a Vice President at Continental
Illinois Bank where she managed a portfolio of distressed
oil and gas credits, many originating from Penn Square
Bank N.A. in Oklahoma City. Throughout
her career, Ms. Kutasi has been influential in the
restructuring of numerous private and public investments,
including senior debt, mezzanine investments and equity.
She has taken lead positions on numerous bond holder
committees, negotiating both in court and out of court
transactions across a wide span of industries in the
US and abroad. Transactions abroad include investments
in Mexico, Ecuador, Argentina, the United Kingdom,
Russia, China, Thailand, Malaysia, Indonesia and Australia.
Kate has also been a guest speaker at the graduate
school level on debt instruments and restructurings
and has served as a director of IWIRC (International
Women’s Insolvency and Restructuring Confederation)
and of numerous restructured companies. Ms. Kutasi
holds a BA in accounting from Michigan State University
and an MBA in finance from DePaul University. |
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Larry
Lattig, Executive Vice President & Senior Managing
Director, MESIROW FINANCIAL CONSULTING, LLC
Mr.
Lattig has over 25 years of experience advising creditors’
committees in bankruptcies, lenders in workout
situations, companies and creditors in liquidations,
buyers and sellers in mergers and acquisition transactions,
and
parties in financing and financial transactions. He
is primarily responsible for Mesirow Financial Consulting’s
creditor advisory capabilities on a national basis.
Mr. Lattig is currently advising the Official Committee
of Unsecured Creditors of Chrysler LLC, Aleris International,
Inc., Lyondell Chemical Company, Delphi Corporation,
Bruno’s Supermarkets, Uni-Mart, LLC, MPC Computers,
Cadence Innovation and Crescent Oil Company. He has
previously served as the primary financial advisor
to the
Official Committee of Unsecured Creditors of Delta
Airlines, United Airlines, The Bombay Company, CompUSA,
Roadhouse Grill, Schlotzsky's, Brown & Cole Stores,
Spectrum Restaurants, Five Star Restaurants, Souper
Salad,
Cooker Restaurants, Fleming Companies, Federal Mogul,
Clark Retail, SLI, Kmart, Bethlehem Steel, Dairy Mart
Convenience Stores, Coleman Oil Company, Swifty Serve,
Cimm’s, Drug Emporium, Fas Mart Convenience
Stores, Furrs Supermarkets, Loews Cineplex, Grand
Union, Jitney Jungle Stores of America, McCrory Corp.
and
numerous other engagements across industries.
Mr. Lattig has worked extensively on restructuring
plans with financial institutions, including Homeland
Holdings
Incorporated, Linc Capital, FINOVA Capital and BankVest
Capital. He has also advised companies in the
restructuring of Trans World Airlines and Adesta Communications
and various companies in other industries.
Mr. Lattig has served as chief restructuring officer
in a number of public and private companies in both
bankrupt
and out-of-court restructurings. He also served in
corporate executive positions including treasurer,
chief financial
officer, vice president of mergers and acquisitions,
vice president of strategic marketing, vice president
of investor
relations, chief operating officer and president in
both private and NYSE listed public companies.
Mr. Lattig is a recognized expert in the retail and
food-related industries. He has written in several
industry
publications and has been a featured speaker at several
industry conferences. Mr. Lattig has served as a speaker
in the areas of treasury, high tech, consumer finance,
corporate governance and the obligations of officers
and
directors in troubled companies. |
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Stuart
J. Lissner, Managing Partner, Apex Fundamental Partners
LLC
Mr.
Lissner is a co-founder and managing partner of Apex
Fundamental Partners LLC. Apex is a private investment
firm focused on acquiring underperforming middle-market
companies. Apex also purchases distressed bank loans
and provides senior secured financing to lower middle
market companies that are unable to obtain financing
from traditional sources.
From 1995 through 2005, Mr. Lissner was a managing
director of PPM America, Inc., a $75 billion asset
management firm, where he was responsible for actively
managing distressed debt, distressed private equity,
high yield debt and other special situation investments
in three multi-strategy credit funds and a non-performing
middle-market bank loan fund with over $1.3 billion
of available capital. He was also a lead member of
the team responsible for acquiring two loan portfolios
with a combined principal balance in excess of $600
million from two large financial institutions.
Mr. Lissner has played the lead role in many corporate
restructurings and has been on the front line of many
difficult situations. He has managed his client’s
investments through numerous workouts, bankruptcies
and restructurings and chaired and/or served on several
official and unofficial creditor and steering committees.
Mr. Lissner also has prior experience as a crisis
manager.
Mr. Lissner graduated from Loyola University School
of Law in 1991 and Tulane University, A.B. Freeman
School of Business, in 1988. Mr. Lissner became a
certified public accountant in 1991 and has been admitted
to the Illinois State Bar since 1991. |
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Jay
Lown, Managing Director, Newoak Capital
Jay
has 18 years of experience in RMBS and residential
whole loan trading and origination. Prior to joining
NewOak, Jay was a fellow at the Office of Thrift Supervision
(OTS). At OTS, he served as an advisor to the Senior
Deputy Director’s office focused on mortgage
origination and securitization. Noteworthy assignments
included participating in the creation of the Obama
administration’s “Making Home Affordable”
modification program, the review of TARP Capital Purchase
Program applications for OTS thrifts, and working
with the Acting Deputy Director of Examinations, Supervision,
and Consumer Protection and regional staff on troubled
institutions. Before the OTS, Jay spent six years
at UBS in mortgage trading. Initially hired to build
out a subprime mortgage whole loan trading desk, Jay
built the group into a team of15 professionals which
executed over 20 billion in RMBS securitizations.
While at UBS he also managed an internal mortgage
origination platform specializing in Alt-A mortgages,
overseeing all units within the organization, including
sales, capital markets and operations. Jay began his
career at Salomon Brothers, where he spent 11 years
working on the mortgage trading desk, the last 6 years
of which were in the Mortgage Finance Group covering
subprime mortgage companies. Jay holds BA and MBA
degrees. |
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Andrew
Milgram, Managing Partner & Co-Portfolio Manager,
Marblegate Asset Management, LLC
Andrew Milgram is Managing Partner and Co-Portfolio
Manager of Marblegate Asset Management, LLC. Prior
to forming Marblegate, Mr. Milgram was a Principal
at Epic Asset Management where he was responsible
for generating, evaluating, executing, and managing
investments in a portfolio of distressed and special
situation assets across a variety of industry sectors.
In addition, he coordinated the firm's overall research
process and directed its team of investment analysts.
Mr. Milgram has sat on a variety of official and ad-hoc
creditor committees and has been deeply involved in
a number of corporate restructurings in both the United
States and abroad. Prior to joining Epic, Mr. Milgram
was a part of the capital market businesses at Deutsche
Bank Alex Brown and Bank of Tokyo-Mitsubishi. Mr.
Milgram holds the Charted Financial Analyst designation
and graduated from Colby College with a B.A. in Economics
and International Studies. |
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Stephen
G. Moyer, CFA, Portfolio Manager/Analyst, PIMCO
Steve Moyer is a Portfolio Manger/Analyst in the Distressed
Credit Group of PIMCO. Prior to joining PIMCO he was
a Director with Tennenbaum Capital Partners, a distressed
debt asset manager in Los Angeles, and before that
Director of Research at Imperial Capital, a boutique
investment bank focusing on distressed securities
investment opportunities. In his over 20 years of
experience in the investment industry he has also
been affiliated with Banc of America Securities, Kemper
Securities (now Wachovia), Drexel Burnham Lambert
and The First Boston Corporation (now Credit Suisse).
Mr. Moyer began his career as a lawyer, initially
with Jones Day and later with Riordan & McKenzie.
Mr. Moyer received his B.A. from Grinnell College,
an M.B.A. from the University of Chicago and a J.D.
from Stanford Law School. He is a Chartered Financial
Analyst and has passed the Uniform Public Accounting
Examination. Steve is a frequent speaker on the topic
of distressed securities investing at industry conferences
and academic institutions and is the author of Distressed
Debt Analysis: Strategies for Speculative Investors
(J. Ross Publishing 2005). |
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Navin
Nagrani, Vice President, Hilco Real Estate LLC
Navin is responsible for new business development
and deal structuring. Prior to joining Hilco Real
Estate, he was a team leader in Hilco's Appraisal
Services group where he managed a financial analyst
group and worked in debt restructuring transactions
on behalf of lenders, equity sponsors, investment
banks, and companies covering a variety of industries.
Prior to joining The Hilco Organization, Navin was
a Strategy Consultant for Hewitt Associates where
he worked on assignments covering the financial services
industry. Before Hewitt Associates, Navin was a Junior
Economist for the Federal Reserve Bank of Chicago.
Navin is a Board of Director for the Real Estate Investment
Association, Co-Chairman of the Commercial Finance
Association's Future Leader's Group, and Director
of Strategy and Development for the Young Real Estate
Professionals Association. Navin is an active member
of the Association for Corporate Growth and the American
Bankruptcy Institute. He is also an award-winning
member of the Turnaround Management Association. In
2005, Navin served as Vice-Chairman of the Illinois
Mortgage Banker's Commercial/Income Property Lending
Committee. He frequently speaks at industry events
and is a published author. Navin graduated with honors
from Loyola University Chicago and is a licensed Real
Estate Broker by the State of Illinois. |
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Marc
Puntus, Managing Director, Miller Buckfire
Mr. Puntus has extensive experience in leading restructuring,
financing and M&A assignments across a wide array
of industries. Mr. Puntus’s company-side experience
includes representing Broder Bros., Co., Greatwide
Logistics Services, Inc., Magna Entertainment, Vonage
Corporation, EaglePicher, Anchor Danly, Progressive
Moulded Products, Dura Automotive Systems, Autocam
Corporation, Pegasus Satellite Communications, Pegasus
Broadcast, Gate Gourmet, Reichhold, Independence Air,
Conversent Corporation, Acterna Corporation, Itronix
Corporation, CTC Communications, Micro Warehouse,
Women First HealthCare, PSINet Inc., SI Corporation,
Sunbeam Corporation, Bruno’s, Edison Brothers,
Crystal Brands and Best Products. He also has represented
acquirors, secured lenders and committees in transactions
involving Ion Media Networks, EaglePicher, XO Communications,
AT&T Latin America, SLI Inc., Grove Crane, Mariner
Post-Acute Network, Heilig-Meyers, Ionica, First Wave
Marine, The Pittsburgh Penguins, RDM Sports Group,
Safety Components, The Wiz, Global Broadcasting and
Rockefeller Center Properties.
Mr. Puntus is a former member of the financial restructuring
group of Dresdner Kleinwort Wasserstein, which he
joined in early 2001. Prior to joining DrKW, Mr. Puntus
was a Partner in the Business, Finance and Restructuring
department of the international law firm of Weil,
Gotshal & Manges LLP. Mr. Puntus is a member of
several industry trade organizations, including the
American Bankruptcy Institute and the Turnaround Management
Association, is a frequent lecturer on restructuring,
financing and M&A topics and serves on the board
of the restructuring committee of the Association
of the Bar for the City of New York. At Weil, Gotshal
& Manges LLP, Mr. Puntus co-authored a chapter
entitled “Financing the Chapter 11 Case: Debtor-in-Possession
Financing” in Reorganizing Failing Businesses
(Weil, Gotshal & Manges LLP, 1998). Mr. Puntus
has a J.D. (cum laude) from Boston University School
of Law and a B.S.B.A./Finance (magna cum laude) from
Georgetown University. |
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Chris
Sheffert, Partner, MANCHESTER COMPANIES,
INC.
Mr. Sheffert has a demonstrated background working
with management teams to maximize value as a private
equity investor, advisor and business owner. Most
recently a private equity investor with a Chicago-based
private equity firm with over $250mm of committed
capital, he is responsible for sourcing, structuring
and managing private equity investments on behalf
of the firm and also leads the private equity advisory
practice. Mr. Sheffert’s recent experience includes:
-
Currently raising $125mm private equity fund focused
on middle-market special situations
- Assessing
and structuring potential investment opportunities
- Leading
solvency and fraudulent transfer analysis for shareholder
dispute/litigation
- Advising
$1B mezzanine fund on restructuring to maximize
recovery on $8mm investment
- Restructured
over $100mm of debt and secured new $20mm line of
credit for portfolio company
- Sold
a portfolio company thru an Assignment for the Benefit
of Creditors
- Advised
family-owned business on sale to a private equity-sponsored
company
- Worked
with management of a technology company to optimize
cross-selling opportunities
Mr.
Sheffert holds a BA degree from St. Olaf College,
and an MBA from Stanford University’s Graduate
School of Business. |
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David
K. Sherman, Founder and Managing Principal
Prior to founding Cohanzick in 1996, Mr. Sherman worked
at Leucadia National Corporation for 10 years. In
1992, Mr. Sherman became a Vice President actively
involved in corporate investments and acquisitions.
In addition, Mr. Sherman was Treasurer of Leucadia’s
insurance operations with $3 billion of assets. During
Mr. Sherman’s tenure, he played an active role
in the insurance companies’ investment portfolio
and asset/liability management. Further, his parent
company investment duties ranged from general investment
analysis to opportunistic distress positions including
serving on steering and creditor committees to active
roles of private and pubic securities transactions.
Mr. Sherman began his 18 year investment career in
high yield and distressed securities at Leucadia in
1987, following internships at Drexel Burnham Lambert’s
High Yield and Convertible Bond department based in
Los Angeles. In 1987, Mr. Sherman graduated from Washington
University with a B.S. in business administration. |
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Marshall
Sonenshine, Chairman and Managing Partner, Sonenshine
Partners
Marshall Sonenshine is Chairman and Managing Partner
of New York investment banking firm Sonenshine Partners.
Sonenshine was previously Partner in Wolfensohn &
Company, the M&A boutique headed by former Salomon
Brothers’ head of banking Jim Wolfensohn and
US Federal Reserve Chairman Paul Volcker. Sonenshine
was part of the leadership team that merged Wolfensohn
first into Bankers Trust, where he headed Media M
& A and Aerospace/Transportation M & A, and
later into Deutsche Bank, where Sonenshine was asked
to serve as Co-Head of M&A. Prior to joining Wolfensohn,
Sonenshine was a banker with Salomon Brothers in New
York. In 2009, he was named an Adjunct Professor of
Finance and Economics at Columbia Business School.
Sonenshine holds a BA, magna cum laude, from Brown
University and a JD from Harvard Law School, where
he served as an Editor of the Harvard Law Review.
He studied at L’Institut d’Etudes Politiques
in Paris and, while at law school, he served as a
Teaching Fellow in International Relations at Harvard
University’s Government Department and an Instructor
in Legal Methods and in the International Program
at the Law School. Following Harvard he became law
clerk to Hon. Lawrence Pierce of the United States
Court of Appeals for the Second Circuit, in New York.
Sonenshine counsels numerous leading companies and
has advised on numerous leading transactions worldwide,
including the Disney/ABC merger, the merger of International
Lease Finance Corporation into America International
Group, the global restructuring of GPA Group plc with
General Electric, the restructuring of AEG, the global
industrial group within Daimler Benz, the Sony/Columbia
Pictures/Guber Peters Entertainment merger, the sale
of the Structural Dynamics to EDS, the hostile defense
of The United States Shoe Corporation, the merger
of Chancellor Media and Capstar (and later Clear Channel),
the sale of Abaqus to Dassault Systèmes SA,
the recapitalization of KKR-and-Wachovia backed New
South Communications (later Nuvox), the sale of Riverstone
Networks to Alcatel, and many others.
Sonenshine’s civic and charitable affiliations
include serving as a member of the Council on Foreign
Relations, a Trustee and Chairman of Development for
the boards of The International Center of Photography
and Jazz at Lincoln Center, Vice Chairman of the Law
School Fund, a past member of the Brown Annual Fund
Executive Committee and Vice Chairman of the board
of New York-based ArtsConnection. He has served on
the Obama New York Tri-State Regional Finance Committee
and has led political fundraising events including
in 2008 for the Obama Victory Fund and Democratic
National Committee Chairman Howard Dean, Senator Mark
Warner (D-Va) and for Delaware Democratic Governor
Jack Markell. He and his wife, Dr. Therese Rosenblatt,
live in New York and have three sons. |
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Ken
Springer, President, CORPORATE RESOLUTIONS,
INC.
Mr. Springer, a Certified Fraud Examiner, is President
and founder of Corporate Resolutions Inc. a global
intelligence gathering and corporate investigations
firm based in New York City. A former Special Agent
of the Federal Bureau of Investigation, Mr. Springer
has conducted business-related investigations and
intelligence gathering for over twenty-five years.
He is a recognized expert on state of the art data
retrieval technology. Prior to founding CRI in 1991,
he was President of Bishops Services, Inc., an investigative
firm in New York City.
In his twelve-year FBI career, Mr. Springer conducted
many sophisticated investigations of white-collar
crime. Mr. Springer has functioned in the private
sector for twenty years and has conducted and directed
thousands of complex fact finding, fraud, and forensic
investigations of individuals and business entities.
A 1975 graduate of Siena College with a B.S. in finance,
Mr. Springer is an active member of the Society of
Former Special Agents of the Federal Bureau of Investigation,
The Association of Certified Fraud Examiners, the
Securities Industry Association-Compliance & Legal
Division, the Association for Corporate Growth, the
Association for Independent Private Sector Inspectors
General (IPSIG), Hedge Fund CFO Association, Turnaround
Management Association, the American Society for Industrial
Security (ASIS), and the European Venture Capital
Association. He is also a frequent speaker and lecturer
on private equity, capital markets, due diligence
issues and corporate investigations. |
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Murry
Stegelmann, Managing Director, KILIMANJARO ADVISORS,
LLC
Murry Stegelmann founded Kilimanjaro Advisors in April
of 2003 and launched Kilimanjaro Fund I (a fund focused
on stressed and distressed bank loans and bonds) in
October of 2003. Selected investments of Kilimanjaro
have included Anthony Crane Rentals, Calpine Generating,
Charter, Citation Corporation, Delta Air Lines, Delphi
Corporation, Landsource, Lyondell, Northwest Air,
Owens Corning, Refco, Tropicana, United Air Lines,
and certain subsidiaries of Adelphia Communications.
Previously
he was a Managing Director and Corporate Officer of
GE Capital where he started and ran the bank Loan
Group. From scratch, Mr. Stegelmann developed a $5+
Billion portfolio of senior secured bank loans and
the Distressed Debt Group. The GE Capital Bank Loan
Group represented one of the largest institutional
investors in the senior loan business. He built the
portfolio through purchases of individual loans and
also by acquiring the entire corporate loan portfolio
of Long Term Credit Bank (LTCB) when it left the United
States in 1999.
During
his 16 years at GE Capital, Mr. Stegelmann also spent
three years in the corporate loan workout group. As
part of that group, he was responsible for restructuring
companies, including obtaining or managing majority
equity stakes in cable television, retail, food service,
manufacturing and aerospace companies.
Prior
to that, he was the head of the Corporate lending
Business in Toronto, worked for the Chief Credit Officer
of GE Capital, and was an originator of leveraged
loans. Mr. Stegelmann was also involved in GE Capital’s
purchases of distressed assets or financial institutions
in Hungary, Mexico, and Japan.
As a Loan Investor, he has had investments in over
100 bankruptcies and restructurings. Recent restructurings
have included companies in the equipment rental, cable
television, manufacturing, airline, and auto supplier
sectors.
Mr. Stegelmann graduated first in his class in obtaining
his MBA from Columbia University and in receiving
his BA from Hillsdale College. Mr. Stegelmann and
his wife climbed Mt. Kilimanjaro in 1998. |
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John
Troughton, Senior Director, CUSHMAN &
WAKEFIELD OF CALIFORNIA, INC.
Mr. Troughton achieved undergraduate and advanced
degrees at the University of California at Santa Cruz
with highest honors. He participated in the Ph.D.
program at the University of California at Berkeley
School of Business. He assisted in the leveraged buyout
of the former Rheem Manufacturing facility in Richmond,
CA in the late ‘80’s, where he helped
save over 400 jobs and developed a skill set as a
successful business owner. Mr. Troughton then became
a real estate professional in Silicon Valley in the
early 1990’s, working with Norris Beggs and
Simpson, which was acquired by the Galbreath Company.
With Cushman & Wakefield, Mr. Troughton has represented
leading, privately held and public companies, cities,
redevelopment agencies, state agencies, and sovereign
nations in fulfilling their real estate needs. Mr.
Troughton has received proclamations and congratulatory
letters for his transactions from local jurisdictions,
members of Congress, and the Governor. His efforts
have helped create real estate opportunities that
are now the working places of thousands of local employees.
He has been involved in transactions that have led
to the creation or redevelopment of millions of square
feet of commercial and industrial buildings.
Mr. Troughton has been involved in residential conversion
projects that have produced over 1,000 units of newly
entitled housing opportunities. His efforts since
2000 in West Contra Costa alone have generated in
excess of $300 million in upside for his clients and
are scheduled to produce over one billion dollars
of investment in local municipalities.
On a personal note, Mr. Troughton is a long-standing
member and supporter of various educational foundations,
Chambers of Commerce, libraries and Rotary. |
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Mark
Wallace, Of Counsel, STUTMAN TREISTER &
GLATT PC
Mr. Wallace practices bankruptcy and tax law with
Stutman, Treister & Glatt Professional Corporation
in Los Angeles, California. He is admitted to the
Bar in California and Arizona.
Mr. Wallace received his undergraduate degree summa
cum laude from Princeton University. In 1977 he received
his law degree from Columbia University School of
Law, where he was Notes & Comments Editor of the
Columbia Law Review and a Harlan Fiske Stone Scholar.
He was a law clerk to United States District Court
Judge William B. Enright in the Southern District
of California during 1977-79.
He has served as tax counsel for chapter 11 debtors,
creditors' committees, bankruptcy trustees and chapter
7 debtors. He acted as debtor's counsel in the bankruptcy
reorganizations of Fremont General Corporation, Mariner
Post-Acute Network, Inc., Applied Magnetics Corporation,
Orange County, Bumble Bee Seafoods, Inc., Westmoreland
Coal Company, First Capital Holdings Corporation (parent
of First Capital Life Insurance Company), Northview
Corporation (owner of the Vagabond Inn chain), CellPro,
Incorporated, Thrifty Oil Company, Angeles Corporation,
House of Fabrics, Inc., Lamonts Apparel, Inc., Carter
Hawley Hale Stores , Inc. (owner of Broadway Southwest),
Nu-Med, Inc., Dep Corporation, Tune-Up Masters, Standard
Brands Paint Company, Barry's Jewelers, Inc., and
Liquor Barn.
He served as tax counsel to creditors' committees
in James Gianulias and Cameo Homes, Own-It, Friedman
Bag Company, Inc., Azabu Buildings, Ltd., Consolidated
Freightways Corp. and Stan Lee Media.
Mr. Wallace is a past Chair of the American Bar Association
Section of Taxation's Bankruptcy and Workouts Committee.
He is a past Chair of the Bankruptcy/Insolvency Committee
of the Taxation Section of the California State Bar.
He was a member of the Board of Governors of the Beverly
Hills Bar Association during 1999 through 2003. He
was a member of the Board of Directors of Public Counsel
during 2007-2009.
Mr. Wallace frequently speaks on topics of bankruptcy
and taxation. Most recently, he addressed the 25th
Annual Bankruptcy and Restructuring Conference of
the Association of Insolvency and Restructuring Advisors
in June 2009 in Orlando. He is an author of numerous
articles on the subject of bankruptcy taxation, including
"Dealing With Individual and Corporate Tax Claims
and Litigating With Taxing Authorities in Bankruptcy
Court", 57 Major Tax Planning ¶1100 (USC
Tax Institute 2005), "Distressed Technology Companies
Face Challenging Tax Issues" (Los Angeles Lawyer,
October 2001), "Reorganizing the Financially
Troubled Taxpayer: The Issues No One Tells You About",
46 Major Tax Planning ¶ 800 (USC Tax Institute
1994) and "Is a Midstream Abandonment of Property
By A Bankruptcy Trustee Taxable to the Estate?",
77 Journal of Taxation 26 (July 1992). He made presentations
to the University of Southern California Tax Institute
on the subject of bankruptcy taxation in 1992, 1994
and 2005.
Mr. Wallace has been an Adjunct Professor of Law at
Loyola Law School since Spring 2002, and taught a
course in bankruptcy taxation in Spring 2009. He will
be teaching the course again in the Spring 2010 Semester. |
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Dory
A. Wiley, President and CEO, Commerce Street Capital,
LLC
Dory Wiley, CPA, CFA, CVA is President and Chief Executive
Officer of Commerce Street Capital, LLC. Mr. Wiley
has 20 years of experience in commercial banking,
investment banking and investment management. He serves
as Portfolio Manager for Service Equity Partners LP,
Genesis Bank Fund, LP; Commerce Street Income Partners
LP, and Commerce Street Income Partners II, LP, four
private equity funds that invest in financial institutions.
Mr. Wiley also serves on the Board and Investment
Committee of Commerce Street Lending Partners LP,
a fund engaged in real estate finance. He previously
served on the Board and Investment Committee of Independent
Bankers Capital Fund. Mr. Wiley formerly served as
a member of the Board of Trustees of the Teacher Retirement
System of Texas, an approximately $90 billion pension
fund, and chairman the investment committee. Prior
to starting Commerce Street Capital, Mr. Wiley was
with SAMCO Capital Markets, Inc. for ten years.
Previously, Mr. Wiley was Vice President and Manager
of the Financial Institutions Group at Rauscher Pierce
Refsnes, now RBC Capital Markets. He has also worked
for a financial institution in asset/liability management
and investments.
Mr. Wiley often lectures on bank related topics at
universities, seminars and conferences. He has testified
as an expert witness on bank and securities valuation,
has written articles for various banking periodicals
and has been quoted extensively in the media. He is
a member of the AICPA, Texas Society of CPAs, the
Dallas Society of Financial Analysts, the National
Association of Certified Valuation Analysts, and the
CFA Institute. He also serves on several charitable
boards.
Mr. Wiley received a BBA in Finance and Accounting
from Texas Tech University, and a MBA from Southern
Methodist University and holds multiple securities
licenses. |
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