About Our Executive Speaking Faculty:

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.


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.


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


 

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.


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.


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.


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.


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


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.”


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
  • Financial services
  • Food service
  • High technology
  • Marketing
  • Retail

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:

  • Chief Restructuring Officer for a $200 million consumer goods direct sales organization
  • Turnaround advisor for a $750 million manufacturer of specialty apparel
  • Expert Witness for a $1.5 billion financial services company in a malpractice action
  • Post-restructuring Board member for a medical communications and events management company
  • Financial Advisor to post-restructuring beneficial owners for a $400 million capital goods manufacturer
  • Restructuring advisor for a $500 million global contract manufacturer
  • Provided borrower representation and served as board director for a $100 million national specialty retailer
  • Financial advisor to a multi-bank syndicate for a $300 million distributor of CATV and electronics parts
  • Managing agent for a $400 million small-ticket leasing company
  • 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).


 

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.


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.


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.


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.


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.


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.


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.


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).


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.


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.


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


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.


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.


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.


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.


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.


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.


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.


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.


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).


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.


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.


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.


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.


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.


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.


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.


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.


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.


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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