Wharton Restructuring and Distressed Investing Conference 2020

Panels

Distressed Hedge Funds

Kirkland & Ellis, LLP will lead a discussion about the current market dynamics affecting distressed hedge funds and how distressed investing strategies have evolved through the current bull market.

Panelists:

10:00 AM–11:00 AM
Terrace Room

Case Study: One Call Care Management

Centerview Partners will lead a conversation around their out-of-court restructuring of One Call Care Management and the implications for the broader restructuring market. One Call’s restructuring, led by a new preferred equity investment from existing lenders, reduced debt by nearly $1 billion and eliminated all near-term maturities while allowing the company to avoid a costly bankruptcy process.

Panelists:

10:00 AM–11:00 AM
Xavier, Pulitzer, Champagne Suite

Puerto Rico: Lessons Learned

Andrew Scurria of the Wall Street Journal will lead a discussion of events from the Puerto Rico bankruptcy and how those lessons learned may guide future municipal and sovereign restructurings.

Panelists:

2:10 PM–3:10 PM
Terrace Room

Cross-Border Restructurings

Weil, Gotshal & Manges LLP will lead a discussion on some of the key issues that arise in preparing for and conducting Chapter 11 cases of companies with major operations and affiliates that span multiple jurisdictions. The discussion will draw on the recent syncreon restructuring as an example of a successful cross-border restructuring. With an increasingly globalized corporate world, understanding the different legal frameworks is integral to a successful outcome when dealing with complex corporate bankruptcies.

Panelists:

2:10 PM–3:10 PM
Xavier, Pulitzer, Champagne Suite

Disruption: An Economic Driver for Restructurings

AlixPartners will lead a discussion about how an acceleration in the pace and impact of disruption has largely displaced the general economic cycle as the primary strategic challenge facing business leaders.

Panelists:

3:20 PM–4:20 PM
Terrace Room

Restructuring Strategies for Credit Opportunity Funds
and Other Non-Traditional Lenders

Schulte, Roth and Zabel will moderate a panel focusing on different issues affecting credit opportunity funds and other non-traditional lenders, particularly those emanating from unique credit structures (split collateral deals, ABL/FILO deals, AALs.) and potential strategies upon default (exercising voting control, appointment of directors/managers, transfer of shares, appointment of CRO, UCC foreclosure, receiverships). This discussion will also analyze the potential litigation and other risks associated with each strategy.

Panelists: