Conference - Turnaround Management Association

T M A’ S T E N T H A N N U A L
Northwest
Cross-Border
Conference
September 10 - 12, 2009
P R E S E N T E D
B Y
T H E
▼
Seattle, Washington
N O R T H W E S T
Arctic Club Hotel
▼
C H A P T E R
Seattle, Washington
O F
T M A
AGENDA
Thursday, September 10, 2009
5:00 – 7:00 p.m. Early Registration
7:00 – 9:00 p.m. Opening Cocktail Reception Arctic Club Hotel Dome Room
Friday, September 11, 2009
7:30 – 8:30 a.m.
Continental Breakfast
Welcome and Announcements, and Conference sessions will be held in the Arctic Club Hotel Dome Room
8:30 – 8:45 a.m. Welcome and Announcements
Welcome: Stephen M. Barkley, President NW Chapter of TMA, Senior Vice President, Union Bank
Program Introduction: Katriana Samiljan, Conference Chair, Partner, Bush, Strout & Kornfeld
8:45 –10:00 a.m. Fraud Panel “Deceit and Dishonesty Double During Downturns”
Moderator: Nina Gerbic, Partner, Dawson Gerbic, LLP, Seattle, Washington
Panelists: Peter Armstrong, Associate Partner, KPMG LLP; Carl Blackstone, Assistant United States Attorney for
the Western District of Washington; Robert Prior, Chief Federal Prosecutor, Public Prosecution Service of
Canada; David Taylor, Partner, Perkins Coie LLP
10:00 –10:15 a.m.
Coffee Break
10:15 –11:30 a.m. Canada versus USA: Commercial Loan & Workout Issues in Non-Mega Cases
Moderator: Ragan Powers, Partner, Davis Wright Tremaine LLP
Panelists: Kibben Jackson, Partner, Fasken Martineau; Jay Kornfeld, Partner, Bush, Strout & Kornfeld; John
Rizzardi, Cairncross & Hempelmann, P.S.; Teri Stratton, Senior Vice President, Macquarie Capital (USA) Inc.
11:30 – 1:30 p.m. Lunch Arctic Club Hotel Dome Room
Keynote Speaker: Jack Hamann, Author of On American Soil: How Justice Became a Casualty of WWII, a nonfiction investigative account of one of the largest and most controversial events in American civil rights history.
1:30 – 3:00 p.m. The Liquidity Crunch: Who Is Lending and on What Terms?
Moderator: Ragan Powers, Partner, Davis Wright Tremaine LLP
Panelists: Brad Edgelow, Vice President, USM Capital; Bill Hanneman, Zachary Scott Investment Bankers; Mitch
Reed, Senior Vice President, Corporate Finance, Prudential Capital; Steven Schiller, Managing Director, Gordian
Group RSM Richter
3:00 – 3:15 p.m. Coffee Break
3:15 – 4:45 p.m. Judge’s Panel: Hot Topics from the Bench
Moderator: Phil Lalonde, Counsel, Brownlee LLP
Panelists: Honorable Ms. Louise De Carl Adler, Judge of the United States Bankruptcy Court for the Southern
District of California; Honorable Mr. Donald I. Brenner, Chief Justice of the Supreme Court of British Columbia;
Honorable Mr. Bruce A. Markell, Bankruptcy Judge, United States Bankruptcy Court for the District of Nevada, and
Judge, Bankruptcy Appellate Panel of the Ninth Circuit; Honorable Ms. Juliana Topolniski, Justice to the Court of
Queen’s Bench
7:30 –10:00 p.m. Reception and Dinner | Arctic Club Hotel Dome Room
Honoring Clyde Hamstreet, CTP, Hamstreet & Associates, for his 20th Anniversary of TMA membership
and his significant contributions to the Corporate Renewal Industry and TMA.
Introductions by: Gayle Bush, Partner, Bush Strout & Kornfeld; Bill Skelly, Partner, Heenan Blakie and Shirley
Dunn, CTP, Principal, Hamstreet & Associates
Saturday, September 12, 2009 | Breakfast and Activities
7:30 – 9:00 a.m. Continental Breakfast | Arctic Club Hotel Dome Room
CPE credits:
5 General
Credits and
1.5 Ethics Credit.
An application
form can be found
on the last page of
this brochure.
10:30 a.m.
Golf outing at the prestigious Newcastle Golf Club.
Transportation will be provided by bus. Please gather near the main lobby entrance at 8:00 a.m.
11:00 a.m.–
4:00 p.m.
Scenic Puget Sound and Lake Union Cruise
Please gather near the main lobby entrance at 11:00 a.m.
6:00 p.m.
Gala Cocktail Reception & Dinner - Columbia Tower Club, 75th floor of Columbia Tower,
downtown Seattle with sweeping views of the city.
Sunday, September 13, 2009
Check out and departure
K E YNOTE SP E AK E R
Jack Hamann
Author and Journalist
J
ack Hamann lives in Seattle, where he is an
author and journalist. His career spans twentynine years, including a decade as a network
correspondent and documentary producer
for CNN and PBS. His work has earned
dozens of journalism honors, including ten
regional Emmy awards.
Jack’s assignments have taken him around the
world. He's been inside a pen with wild wolves in
Yellowstone National Park, inside a prison with
convicted killers in Siberia, thirty miles offshore
with fishermen chasing giant tuna in the North
Atlantic, three miles above sea level with peasants
battling blight in Peru, and miles from nowhere
mushing a team of champion dogs in the Yukon.
His lifetime travel also includes Cuba, China, South
Africa, Nepal, Russia, Japan, Taiwan, Thailand,
Panama, Brazil, Argentina and most of Europe and
North America, including all 50 states (Arkansas
was #50).
Jack is the author of On American Soil: How Justice
Became a Casualty of WWII (Algonquin Books, 2005
| University of Washington Press, 2007), a nonfiction investigative account of one of the largest and
most controversial events in American civil rights
history. On American Soil was selected as the
outstanding investigative book of 2005 by
Investigative Reporters and Editors, Inc.
The book was directly responsible for an
October 26, 2007 decision by the U.S. Army
Board for Correction of Military Records to
overturn the verdicts in the infamous 1944
Fort Lawton court-martial. Legislation signed
by President George W. Bush on October 14,
2008 ensured that the surviving defendants,
or their estates, receive back pay, plus compound interest.
Jack is the winner of the 2007 Horace Mann
award, an honor bestowed on those who have
achieved “victories for humanity.” In 2008, the
Washington State Bar Association honored him for
“Excellence in Legal Journalism,” and the Urban
League presented him with its 2008 "Spirit Award.”
Jack is a graduate of UCLA (B.A. Economics,
1976) and the University of Oregon School of Law
(J.D., 1980).
Jack and his wife, Leslie, coach girls’ volleyball
at a high school in Seattle. They have two grown
children.
SPONSORS
TMA Northwest Chapter
would like to thank the
following sponsors:
Platinum:
Wells Fargo Business Credit
Wells Fargo Business Credit Canada
Gold:
Lane Powell
Silver:
Celtic Capital
Century Services
KPMG
Miller Thomson, LLP
Myers & Co.
Perkins Coie
PNC Business Credit
Bronze:
Dawson & Gerbic
Realty Marketing NW
Conference Sponsors:
The BMC Group, Inc.
DoveBid
CON F E R E NC E P L AN N E R S, PAN E LI STS, SP E AK E R S & HONOR E D GU E ST
Conference Planners
Stephen M. Barkley (2009 Northwest Chapter President) has been involved
in middle market commercial lending for over 25 years. Currently he is based
in Seattle as the Senior Vice President in charge of credit administration in the
Northwest for Union Bank. Steve has held a variety of commercial banking
roles escalating in responsibility from commercial loan business development
to leading the regional work out department of a major bank. He has been a
director of the Northwest Chapter of the TMA since 2004 and is currently a
member of the TMA’s national board of directors. He is a Certified Public
Accountant with an undergraduate degree in Accounting from Loyola University,
Los Angeles, and an MBA from the University of Southern California.
Daniel J. Boverman recently founded Boverman & Associates, LLC to focus
his restructuring & turnaround practice in the Pacific Northwest after many
years practicing nationally with Huron Consulting Group and Glass &
Associates, Inc. Prior to focusing on turnarounds he was Chief Financial Officer
of several successful companies including Enzymatic Therapy, Inc. He began
his career with Arthur Andersen & Co. and then spent over ten years in investment banking and private equity investing as CFO of TXL Capital Group,
President of TXL Securities Corporation and Principal in Genstar Capital
Partners, where he led or was involved in numerous mergers, acquisitions and
debt and equity financings and creation of substantial value. Mr. Boverman is a
Certified Public Accountant (Inactive / California), a Certified Turnaround
Professional, a Director, Member and Treasurer of the Northwest Chapter of
the TMA and a member of the Association for Corporate Growth and the
Oregon Entrepreneurs Network. Mr. Boverman holds a B.S. in Business
Administration from the University of California, Berkeley, 1982.
Nina Gerbic is the Accounting, Auditing & Special Projects Partner at
Dawson & Gerbic, LLP. She is an accountant, economist, business valuation
specialist and restructuring advisor. Ms. Gerbic is a Certified Public
Accountant, a member of the Washington Society and American Institute of
Certified Public Accountants, and a member of the Quality Assurance
Review and the Peer Review Oversight Committees for the Washington
State Board of Accountancy. She holds an M.A. in Economics from the
University of Washington. She is a Chartered Financial Analyst chartholder, a
Certified Forensic Financial Analyst with specialized training in Advanced
Economic Damages, Fraud Prevention and Detection and Forensic
Accounting, and is Certified in Financial Forensics. Ms. Gerbic is Accredited
in Business Valuation and is a Certified Valuation Analyst. She is a Certified
Insolvency and Restructuring Advisor (“CIRA”) and a member of the
American Bankruptcy Institute and of the TMA, where she is a Northwest
Chapter Director and the 2009 Membership Chair. Ms. Gerbic holds a B.S.
in Accounting from St. Cloud State University in Minnesota.
V. Philippe (“Phil”) Lalonde is of Counsel at Brownlee LLP in Calgary where
his preferred areas of practice are Litigation with an emphasis in Insolvency &
Restructuring, Contracts & Corporate Litigation, Construction Litigation, Real
Property & Municipal Law Litigation, Directors and Officers Liability/Protection,
Products Liability and Professional Negligence Litigation. Philippe is a member
of the Law Society of Alberta, the Calgary Bar Association, the Law Society of
Upper Canada (Ontario), the Canadian Bar Association and the International
Insolvency Association (INSOL). He has been a speaker and guest lecturer at
workshops and seminars on the areas of directors and officers liability/protection and corporate insolvency. Mr. Lalonde received his preparatory education
at the University of Saskatchewan (B.A. 1979) and legal education at the
University of Toronto (LL.B. 1979). He was called to the Ontario Bar in 1981
and the Alberta Bar in 1988.
Bruce Leaverton is a Director of the Northwest Chapter of TMA and a
partner in the law firm of Lane Powell. He has practiced business finance
and bankruptcy law for more than 23 years, representing over that time
borrowers, secured lenders, debtors, creditors’ committees, bankruptcy
trustees, indentured trustees, and state and federal court receivers.
In parcticular, he has considerable experience representing corporate clients
in complex financial restructurings, recapitalizations, intellectual property
disputes, and mergers and acquisitions, both inside and outside of bankruptcy court. His representation of corporate borrowers is aided and informed by
his considerable experience and understanding of the other side of the table,
based on his representation of various institutional lenders in distressed
secured loan and workout matters. His practice has also included a wide
variety of litigation and administrative matters concerning financial issues,
including intercreditor disputes and a variety of investigative and enforcement proceedings by the U.S. Securities and Exchange Commission.
Conrad Myers, is the founder of Myers & Co, a Portland-based distressed
business consulting practice since 1993. The firm specializes in turnaround
consulting and interim crisis management for troubled businesses and
assisting their creditors both in and out of bankruptcy throughout the
Western United States. The firm’s client base has included private and public
companies from $20 to 500 million in sales and covered a broad diversity of
industries. The firm has a wealth of experience in situations where the resolution for a troubled company was a business sale in whole or part.
Myers has worked in the troubled business arena for over 22 years and
has also served in numerous cases as a Chapter 11 Trustee, Examiner,
Creditor’s Committee Financial Advisor and State Court Receiver. Myers has
also served as the Plan Administrator and Post Confirmation Disbursing
Agent in numerous Chapter 11 cases.
Conrad is a native of the UK and a graduate of Lincoln College, Oxford
University. He is qualified as both a CPA as well as a UK Chartered Accountant.
Conrad’s financial expertise is grounded in 10 years of public accounting, audit,
and consulting experience at Arthur Andersen & Co and Price Waterhouse.
Conrad worked in senior financial management positions in the high technology,
retail and real estate sectors, including several years as CFO for Wickes
Companies Inc’s real estate and discontinued assets division.
Conrad is a Certified Turnaround Professional, a director of the Northwest
Chapter and its former President. He serves on the Chapter Resources and
Response and CTP Certification Oversight committees of TMA.
Ragan Powers is a Partner in Davis Wright Tremaine LLP where he represents investors, secured and unsecured lenders, debtors and lessors in
restructuring and bankruptcy. He handles out-of-court workouts and restructurings, consensual and litigated Chapter 11 cases, distressed business transactions and related litigation. Ragan has helped clients with a range of issues
including underperforming equity investments, large secured transactions,
management of troubled loan portfolios and distressed financing arrangements. He has been named as one of “America’s Leading Lawyers for
Business” in Bankruptcy/Restructuring (Washington) by Chambers USA,
2005-2009; as one of the “Best Lawyers in America” in Bankruptcy and
Creditor-Debtor Rights Law by Woodward/White, 2001-present; and as one
of "155 Top Lawyers" by Seattle Magazine and Seattle Business Monthly,
2007 and selected to “Washington Super Lawyers,” Law & Politics, 20012002, 2004, 2006-2009 Mr. Powers is a member of the American Bankruptcy
Institute, the American Bar Association and the TMA and a Director of the
Northwest Chapter of the TMA. He holds a J.D., University of Washington
School of Law, 1981, Order of Barons, Member, Moot Court Honor Board
and a B.A., Economics, Political Science, University of California,
Davis, 1978, with highest honors.
Katriana (“Katy”) L. Samiljan is the Second Vice President of the TMA
Northwest Chapter and conference chair for TMA’s 2009 Cross-Border
Conference. She is a partner at Bush Strout & Kornfeld in Seattle, where she
specializes in commercial debtor issues, emphasizing workouts, restructurings, and Chapter 11 reorganizations. She has represented clients in diverse
industries, including paper, grocery, power and telephone, farming, software
and commercial real estate. She has been named a Rising Star in
Washington Law & Politics from 2001 through 2008. Katy received her law
degree from Harvard University, and also completed her undergraduate
studies at Harvard University, where she graduated magna cum laude.
Panelists, Speakers and Honored Guests
Louise De Carl Adler is a judge of the United States Bankruptcy Court
for the Southern District of California. In January 2001, she completed a
five-year term as Chief Judge. She served as the first female President of
the National Conference of Bankruptcy Judges (1994–95). She also served
as its vice-president, secretary and as a member of the NCBJ’s Board of
Directors. Judge Adler was also a member of the Board of Trustees of the
NCBJ’s Endowment for Education. She is a fellow in the American College
of Bankruptcy. Judge Adler was a founding member and a member of the
board of the San Diego Bankruptcy Forum. She was also a founding member and member of the board of Lawyers Club of San Diego. Prior to her
appointment to the bench in l984, Judge Adler was in private law practice
in San Diego for 12 years, specializing in debtor and trustee representation
and serving as a trustee in bankruptcy. She is a graduate of Loyola
University of Chicago School of Law. Among the notable cases handled by
Judge Adler have been the Roman Catholic Diocese for San Diego;
Maruko, Inc., the first coordinated international reorganization with
Chapter 11 cases filed in both the United States and Japan; Thrifty Oil Co.;
Leap Wireless International (a national cell phone company and its 65
related companies) and the successful reorganization of the San Diego
Symphony. Judge Adler was a parcticipant in the World Bank Insolvency
Initiative and is a co-author of International Insolvency, a reference book
for bankruptcy judges. She received the 2007 Trial Judge of the Year award
from the Consumer Attorneys of San Diego for her work in the Chapter 11
of the Roman Catholic Diocese of San Diego case.
Peter W. Armstrong is a Vice President of and Forensic Practice Leader in
British Columbia for KPMG Forensic Inc. and an Associate Partner, KPMG LLP.
Mr. Armstrong has wide-ranging experience in fraud risk management, investigation and the quantification of economic losses. Mr. Armstrong has qualified
as an expert in the area of economic loss quantification and testified on various matters before courts in Ontario, Alberta and British Columbia. Services
offered by Mr. Armstrong and his associates include investigation, litigation
support, fraud risk management, forensic technology, corporate intelligence,
physical security and anti-money laundering advisory services. He has performed numerous Canadian and international fact-finding investigations looking at the issues of fraud, theft and misconduct over the course of his career.
His assignments have taken him to the United States, the Caribbean and a
number of countries in Asia, including China, Indonesia, India and
Bangladesh. Peter is a Canadian Chartered Accountant who is designated by
the Canadian Institute of Chartered Accountants as a specialist in the area of
investigative and forensic accounting, Canadian Institute of Chartered
Accountants. He is also a Chartered Business Valuator and a Current Member
of the Boards of the Alliance for Excellence in Investigative and Forensic
Accounting, established by the Canadian Institute of Chartered Accountants
and the Corporate Litigation Journal, published by Federated Press.
Carl Blackstone is an Assistant United States Attorney for the Western
District of Washington. He currently supervises the Complex Crimes Unit,
which is responsible for prosecuting a number of federal crimes including,
corporate fraud, cyber crime, investment fraud, mortgage fraud, bank
fraud, environmental crimes, health care fraud, public corruption, procurement fraud and tax fraud. Prior to becoming a federal prosecutor, Carl
worked at Morrison & Forester in San Francisco after having completed a
clerkship for Ninth Circuit Judge Cecil Poole. Carl is a graduate of the
University of California at Berkeley and received his law degree from the
University of Oregon.
Chief Justice Donald I. Brenner The Chief Justice was appointed a
Judge of the Supreme Court of British Columbia in 1992 and Chief Justice
of the Court in 2000. Prior to his judicial appointment in 1992 he was in
private practice with Brenner & Company in Vancouver. The firm specialized in the field of insurance defence in the areas of aviation, products
liability, and professional indemnity.
Gayle Bush specializes in representing commercial debtors in the
Northwest. He is a founding partner of the firm Bush Strout & Kornfeld.
He has significant experience with financial problems involving a wide
variety of businesses. He is a Fellow of the American College of
Bankruptcy. He is AV-rated and has been included in every edition of
The Best Lawyers in America since 1985. In the annual poll of lawyers
conducted by Washington Law and Politics, he has been voted one of the
states ten top Super Lawyers for the past three consecutive years, and has
been the second highest Point Getter each of the past two years. He was
named one of Seattle Magazine’s Top Lawyers 2004-2008, is a former
President of the Federal Bar Association (WDWA), has served as an Elected
Delegate to the Ninth Circuit Judicial Conference, is a former Trustee of the
Young Lawyers Section of the King County Bar Association, and was a law
clerk to Justice James Dolliver of the Washington State Supreme Court.
Arcticles authored by Mr. Bush and seminar publications are on his firm’s
website at www.bskd.com.
Shirley Dunn, CTP, is a senior level financial executive with extensive
experience in the turnaround and restructuring of under-performing
companies. She has significant skills in crisis management, strategic
planning, crisis cash management, cash forecasting, corporate finance and
the development and implementation of revenue enhancement and cost
containment strategies. Ms. Dunn has broad experience with successful
Chapter 11 Bankruptcy reorganizations and she has served as a Chief
Restructuring Officer to the Debtor and Chapter 11 Trustee. Ms. Dunn
is a Certified Public Accountant and practiced with Arthur Andersen &
Company from 1975 – 1979. She holds a number of specialized certifications, including Certified Turnaround Professional (“CTP”) and Certified
Insolvency and Restructuring Advisor (“CIRA”). She graduated with a B.S. in
Business Administration from Portland State University. Ms. Dunn worked
for Hamstreet & Company from 1991 to 1999 and following a merger, with
Glass & Associates, she was a partner from 2000 to 2004. She joined
Hamstreet & Associates in 2004. Ms. Dunn is a member of the Turnaround
Management Association (“TMA”). She has served on the Board of
Directors of the TMA as Vice President during 2003 and 2004. Ms. Dunn
has served as a Director of the Association of Certified Professionals
(“ACTP”) from 2005 to 2007. In 2002 she was President of the Northwest
Chapter of the TMA.
CON F E R E NC E P L AN N E R S, PAN E LI STS, SP E AK E R S & HONOR E D GU E ST
Brad Edgelow is Vice President USM Capital. He has held sales and
marketing positions in the technology and lease financing industry for over
30 years. Brad began his career at IBM, before moving into the technology
financing business with CIS Canada 10 years later. Most recently, as Vice
President with ICON Capital, headquartered in NYC, his responsibilities
included technology financing, non-IT financing and corporate restructuring
through financing “business essential” capital assets of various descriptions.
US Micro, based in Atlanta, acquired ICON’s technology (IT) lease portfolio
in the spring of 2008. Brad maintained responsibility for USM’s IT lease
financing and technology brokering services in the Pacific Northwest and
Western Canada. He graduated from the University of Calgary with
Bachelor of Commerce with Distinction. He is based in Vancouver, B.C.
Clyde Hamstreet, CTP, (Honoree, Friday Dinner Event) has been a
leading figure in the national turnaround industry for more than fourteen
years, with over 20 years of experience in business consulting and restructuring. He originally founded Hamstreet & Company in Portland, Oregon,
in 1988. In 1999, he joined forces with two other regional firms to form
Glass & Associates, which he then helped lead to national prominence.
Five years later, Mr. Hamstreet left Glass and founded Hamstreet &
Associates, with a focus on corporate restructuring and turnarounds.
Mr. Hamstreet is well known in the industry for building consensus among
diverse groups of people. His commitment to finding win-win solutions
enables him to bring employees, management, creditors and shareholders
together to achieve successful turnarounds. He is recognized for his ability
to assess companies insightfully, to develop strategic plans of attack, to
identify and resolve through effective negotiation the critical concerns of
lenders, and to provide the necessary direction for management and
employees to attain ambitious goals. His outstanding ability to understand
complex business issues and translate them accurately for the benefit of
non-experts is the foundation of his communication and leadership skills.
With an expertise in corporate finance, management, and governance, Mr.
Hamstreet has held management positions in many corporations, including
Chief Executive Officer, Chief Restructuring Officer, President, Chief
Financial Officer, and Director. He has successfully restructured large and
mid-size companies and has led many initiatives to restore underperforming corporations to profitability. His experience includes the strategic repositioning of core operations, complex refinancing arrangements, aggressive
cost reductions, divestitures, and intensive management of working capital.
He recently completed a twenty-two month engagement serving as the
Chief Restructuring Officer of a $1.5 billion company, whose restructured
operations and balance sheet gave birth to sustainable earnings after years
of losses. Mr. Hamstreet has served as an expert witness in numerous federal cases, and multi-million dollar arbitration matters. He has also advised
corporate boards on improving governance processes and the effectiveness of the relationship between board and management. In addition to
being a CTP, Mr. Hamstreet has served in leadership positions of the
Northwest Chapter and National TMA and the Association of Certified
Turnaround Professionals. He has been nominated for Turnaround
Practitioner of the Year three times, winning the award in 1994 and again
most recently in 2005. Mr. Hamstreet serves or has served on local and
state boards and commissions, as well as nonprofit and corporate boards.
He holds a B.S. in Business Administration from Oregon State University.
William (“Bill”) S. Hanneman is one of two co-founders of the Seattle
based Investment Bank, Zachary Scott & Co. (Scott is Bill’s middle name).
At Zachary Scott, Bill specializes in mergers and acquisitions, complex
valuation issues, and fairness opinions as well as a variety of corporate
finance engagements. Since the founding of Zachary Scott in 1991, Bill has
advised on the valuation, purchase, recapitalization, or sale of a wide variety
of middle-market companies, including companies in financial distress.
A summary of many of the transactions Bill has managed can be seen in
Zachary Scott’s website at www.zacharyscott.com. Most recently, Bill was
responsible for the sale of the assets of the mechanical contractor W. A.
Botting Company out of bankruptcy. In addition to these transactions, Bill
has been engaged in a wide range of consultancy assignments typically
related to corporate value or corporate finance, including business and
strategic planning, capital structure design, ESOP’s and succession planning. Bill is a contributing author to Zachary Scott’s quarterly publication
Insight on the Capital Markets, copies of which can be accessed from
Zachary Scott’s web site. Collectively, Zachary Scott has managed nearly
$4.0 billion of transactions.
Kibben Jackson is a Partner in the Litigation and Dispute Resolution
Group of Fasken Martineau. Mr. Jackson’s practice is in general corporate
and commercial litigation with a focus on insolvency, corporate restructurings and secured creditor realization. He has worked with most of Canada's
largest financial institutions and trustee firms, including in relation to bankruptcies and receiverships, and has represented both debtors and creditors
in connection with significant reorganizations and debt restructurings. Prior
to joining Fasken Martineau, Mr. Jackson clerked for the Chief Justice of
British Columbia at the British Columbia Court of Appeal. Currently, Mr.
Jackson serves on the Executive Committee of the Vancouver Bar
Association. Mr. Jackon is an Executive Committee Member, Vancouver Bar
Association and a Member, Civil Litigation and Insolvency Sections of the
British Columbia and Canadian Bar Associations.
Armand J. “(“Jay”) Kornfeld is partner at the law firm of Bush Strout &
Kornfeld. He represents companies in commercial creditor and debtor
issues, emphasizing workouts, restructurings, and Chapter 11 reorganizations. Over the years, he has represented clients in diverse industries,
including commercial fishing, telecom, wood products, retail, grocery, and
commercial real estate. His recent representations include Brown & Cole
Stores (grocery chain with 30 stores) in its Chapter 11 reorganization and
Larry’s Markets in its Chapter 11 sale. He is the former Chair of the SeattleKing County Bar Association Creditor-Debtor Section. He has been recognized in: The Best Lawyers in America 2001-2008 editions; Chambers USA,
America's Leading Lawyers for Business, Bankruptcy Section 2005-2008
editions; Washington Law and Politics Super Lawyers 2000-2008 (including Top 100 Lawyer in Washington in 2007-2008). Mr. Kornfeld graduated
from the University of Washington School Of Law with high honors, and
completed his undergraduate work at the University of Notre Dame.
Bruce A. Markell was sworn in as a bankruptcy judge in July of 2004.
Before taking the bench, he practiced bankruptcy and business law for ten
years and was a law professor for fourteen years. He is the author of
numerous arcticles on bankruptcy and commercial law, and a co-author of
four law school casebooks, one of which will soon be translated into
Japanese. He contributes to Collier on Bankruptcy, and is a member of its
editorial advisory board. He is a conferee of the National Bankruptcy
Conference, a fellow of the American College of Bankruptcy, a member of
the International Insolvency Institute, and a member of the American Law
Institute. Since 2007, he has been one of six judges on the Ninth Circuit’s
Bankruptcy Appellate Panel. He has been an adviser to the United Nations
on secured transactions and to the Republic of Indonesia on bankruptcy
reform. He was the International Bar Association’s representative to the
meetings that lead up to UNCITRAL’s promulgation of a convention on the
assignment of receivables.
Robert Prior is the Chief Federal Prosecutor with the Public Prosecution
Service of Canada (“PPSC”) in British Columbia since 1996, where he is
responsible for the conduct of all federal prosecutions that arise in British
Columbia. Mr. Prior’s responsibilities have a heavy emphasis on drug
offences, organized crime, tax evasion and environmental offences. Mr.
Prior has been a prosecutor with the PPSC since 1988. Mr. Prior received is
Bachelor of Laws from Osgoode Hall Law School in 1986 and a Bachelor
of Science, with honors, from the University of Toronto in 1983.
Mitch Reed is a Senior Vice President, Corporate Finance in Prudential
Capital’s San Francisco office. He is responsible for a team which covers
Arizona, Colorado, Montana, Oregon, and Washington, and manages a
$1 billion portfolio of senior term debt, bank loans, subordinated debt, and
private equity investments. Mr. Reed joined Prudential Financial in 1991
and spent two years in marketing and analysis of life and health insurance
products before transferring to Prudential Capital in 1993. Prior to moving
to San Francisco in 1996, Mr. Reed originated and managed investments in
Prudential Capital’s Atlanta and Newark offices. In aggregate, he has
invested approximately $4 billion in more than 100 transactions. Mr. Reed
graduated from Amherst College and holds the Chartered Financial
Analyst designation.
John Rizzardi Since 1979, John has provided strategic and general business planning to a wide range of companies and their owners, as well as
litigation and dispute resolution assistance, to clients in his business, insolvency and litigation practice. John is currently serving on the Executive
Committee of the Washington State Bar Association’s Creditor/Debtor
Section. In addition, he has served as the Northwest Chapter of the TMA’s
President in 1999, International President of the TMA from 2002 to 2003,
and was the International Chairman through 2004. He is currently serving
as the chair of TMA’s Past Chairs’ Council and is a member of the TMA
Task Force reviewing TMA’s governance structure. John has been honored
by Seattle Magazine as a 2001, 2003, 2005 and 2007 “Top Lawyer”, has
been named by Washington Law & Politics magazine as a “Super Lawyer”
for nine consecutive years (2001 - 2009) and in the 2009 Corporate
Counsel edition and was listed in Seattle Business Monthly as a “Top
Business Lawyer” in 2006 and 2007.
Stephen M. Schiller is a Managing Director of Gordian Group. Prior to
joining Gordian, he served as an investment banker at Citigroup, where, at
various points in his career, he led the bank’s financial institutions mergers
and acquisitions practice, its Asian M&A business and its sell side business.
He has over 20 years of experience in financial restructuring and complex
M&A. At Gordian, Mr. Schiller works in the firm’s restructuring practice and
in its marketing efforts. Mr. Schiller is a member of the Board of Directors
of Student Sponsor Partners. He received a Bachelor of Arts degree in
International Relations, Phi Beta Kappa, from Stanford University and
is a graduate of the University of Michigan Law School.
William (“Bill”) E. J. Skelly is the partner in charge of the Vancouver
Lending and Restructuring Group of Heenan Blaikie LLP. Bill practices
corporate and commercial law, with a focus on the restructuring of national
and international companies, bankruptcy matters and corporate and commercial lending. Bill acts for debtors, Trustees, Receivers, Monitors and
many of Canada’s largest financial institutions. Mr. Skelly has published
numerous papers and arcticles and lectured at many conferences on
various insolvency topics, is a contributing author to the British Columbia
Personal Property Security Act Practice Manual and is peer rated as
repeatedly recommended in the annual Lexpert survey. He is a member of
the business law, banking law and insolvency subsections of the British
Columbia branch of the Canadian Bar Association. In 2007, Mr. Skelly was
selected as the first non-American to be the President of the TMA. In 2008,
he was the Chairman of the Board of TMA International. He is also the PastPresident (2003) and a director of the Northwest Chapter of the TMA. Bill
was called to the Manitoba Bar in 1980 and to the British Columbia Bar in
1989. He was a major in finance at the University of Manitoba in the Faculty
of Commerce prior to obtaining his law degree from the University of
Manitoba in 1979.
Teri Stratton is a Senior Vice President in the Los Angeles office of
Macquarie Capital (USA) Inc. Ms. Stratton focuses on providing capital
markets, mergers and acquisitions, and restructuring advisory services to
middle market companies. Previously, Ms. Stratton had eight years experience in corporate banking, serving in both credit administration and special
assets. Ms. Stratton earned a Masters of Business Administration in Finance,
with Honors, from The Anderson School at UCLA and her undergraduate
degree in Economics from the University of California at Los Angeles.
She is a member of the American Bankruptcy Institute, the Turnaround
Management Association, and the Association of Insolvency & Restructuring
Advisors (AIRA) for which she is also a board member and is a Certified
Insolvency Restructuring Advisor. She has worked in several Pacific
Northwest restructurings including Consolidated Freightways, Crown Pacific
Holdings, Larry’s Markets, Brown & Cole Stores, a private homebuilder, and
two private building products companies.
David F. Taylor is a Partner in the Seattle office of Perkins Coie L.L.P.
and Firmwide Co-Chair, Investigations & White Collar Defense Practice.
Mr. Taylor is a trial lawyer with more than 20 years' experience representing
clients in civil and criminal litigation and investigations throughout the
United States. A former Assistant United States Attorney, Mr. Taylor’s experience includes grand jury investigations and criminal prosecutions, SEC
enforcement actions, securities class actions, derivative lawsuits, director
and officer liability claims, common law fraud, False Claims Act cases,
RICO claims and contract disputes. Mr. Taylor also regularly leads internal
corporate investigations on behalf of companies and board committees
and advises clients concerning corporate governance issues, director and
officer liability, employee misconduct and fraud, and the design and
implementation of corporate compliance programs. Mr. Taylor received his
J.D. from Harvard Law School, magna cum laude, 1986 and holds a B.A.
from Middlebury College, summa cum laude, Phi Beta Kappa, 1982 and is
admitted to the bars of Washington and Oregon.
Justice Juliana E. Topolniski was appointed to the Court of Queen’s
Bench in 2003. She sits mainly in Edmonton, Alberta and is a member of
the Court's Commercial List. Before her appointment, Justice Topolniski was
a partner of Bishop & McKenzie LLP where her practice was focused in the
areas of commercial litigation and insolvency.
A CCO M M O D AT I O N S
he Northwest Chapter is pleased to hold
the 10th Annual Cross-Border Conference at
The Arctic Club Hotel in Seattle, Washington.
T
To book your room, contact the Arctic Club Hotel
directly at 1 (206) 340-0430 and ask for the
Northwest Turnaround Management Association
group. Rooms blocked are $169, plus tax. The
number of blocked rooms is
limited, so please book your rooms early. (Room
block at the hotel expires August 31, 2009
following which registrants may need to seek
off-property accommodations.)
WEEKEND ACTIVITIES
Saturday, September 13:
Daytime:
Golf – Enjoy a morning playing golf at the prestigious Newcastle Golf Club.
Situated on 350 acres with panoramic views of Mt. Rainier, the Olympic and the
Cascade mountains, The Golf Club at Newcastle consists of two 18-hole public
courses (Coal Creek and China Creek), extensive practice facilities and a 44,000square-foot clubhouse. Designed by acclaimed golf course architect Robert E.
Cupp in consultation with Masters Champion Fred Couples, the tournamentcaliber, full-facility complex features challenging fairways and greens, an allweather driving range, an 18-hole bent-grass putting course, three holes for
pitching, putting and chipping, and lessons and clinics for golfers of all abilities
OR
Scenic Puget Sound and Lake Union Boat Cruise
Take a cruise through the salt water of Puget Sound and the fresh water of Lake
Union via the Hiram Chittenden Locks. Enjoy live narration of Seattle's history,
while viewing the historic waterfront. View the spectacular city skyline one of the
world's largest shipping terminals, the majestic Cascade and Olympic mountain
ranges and the "Sleepless in Seattle" houseboat community.
Evening:
Gala Cocktail Reception
& Dinner
Columbia Tower Club, 75th floor of Columbia
Tower downtown Seattle. Fine dining at its
best with a spectacular view of the city.
C R O S S - B O R D E R C O N F E R E N C E R E G I ST R AT I O N
Thursday, September 10, 2009 – Sunday, September 13, 2009 • Arctic Club Hotel • Seattle, Washington
Name: __________________________________________________________________________________________________
Company Name: ___________________________________________________________________________________________
Address: _________________________________________________________________________________________________
City Province/State Postal Code/Zip Code: __________________________________________________________________________
Phone (Residence): _________________________________________________________________________________________
Phone (Office): ____________________________________________________________________________________________
Phone (Cellular): ___________________________________________________________________________________________
E-mail Address: ____________________________________________________________________________________________
REGISTRATION (All prices U.S. dollars)
Early Bird Registration (through August 31, 2009)
Registrations received after August 31, 2009
_____________ $625.00 U.S. TMA Members
_____________ $725.00 U.S. TMA Members
_____________ $725.00 U.S. Non-TMA Members
_____________ $825.00 U.S. Non-Members
_____________ $345.00* U.S. Accompanying Spouse/Guest
_____________ $345.00 U.S. Accompanying Spouse/Guest
Guest:____________________________________________
Guest:____________________________________________
* Spouse/Guest Registration includes opening reception on Thursday evening, Friday reception and dinner, Saturday breakfast, reception and dinner.
GROUP EVENTS & WEEKEND ACTIVITIES (please indicate below the number of people parcticipating in each event)
Thursday, September 10, 2009 • Opening Cocktail Reception, Arctic Hotel Dome Room
■ I will be attending the dinner. ■ I will be bringing a registered guest to the dinner. ■ I will not be attending the dinner.
Friday, September 11, 2009 • Reception & Dinner, Honoring Clyde Hamstreet, CTP, Hamstreet & Associates
■ I will be attending the dinner. ■ I will be bringing a registered guest to the dinner. ■ I will not be attending the dinner.
Saturday, September 12, 2009 • Gala Reception & Dinner at Columbia Tower Club,
6:00 p.m., walking distance from hotel. Included in conference price,
please indicate whether you and your registered guest will be attending the dinner.
■ I will be attending the dinner. ■ I will be bringing a registered guest to the dinner. ■ I will not be attending the dinner.
Saturday, September 12, 2009
_____________ Newcastle Golf Club • Please gather near the main lobby entrance at 8:00 a.m.
$250 US/CAD – (Includes lunch, golf cart, practice tee, and transportation from the hotel to the golf course.)
Please provide your handicap (maximum 30):_________________
_____________ Scenic Puget Sound and Lake Union Cruise • 11:00 - 4:00 p.m.
Please gather near the main lobby entrance at 11:00 a.m.
$46.00 per person U.S. – (Includes box lunch.)
Register online at
Register by Mail:
Please submit registration form and Payment to:
TMA NORTHWEST • 3439 NE Sandy Blvd #350 • Portland, OR 97232
www.turnaround.org/register.asp
■ Please bill my credit card for the following amount: ______________________________
For information contact
Diana Montgomery
Northwest Chapter Administrator
(503) 768-4299
■ MasterCard ■ VISA ■ AMEX Card Number __________________________________
Expiration Date (MM/YY) ___________________________________________________
Name on Card __________________________________________________________
Signature ______________________________________________________________
[email protected]
Form 2
Sponsoring Organization
Certificate of Attendance Verification Form
This form serves as a certificate of attendance in the event that the sponsoring organization does not provide
such a document. It is mandatory that this form be verified by a representative of the sponsoring
organization through his/her completion of the lower portion of the form (the CTP may complete the
upper portion of the form). It is the responsibility of the CTP to request this verification and submit the
completed form, along with a copy of the course agenda or other documentation reflecting the hours and
content of the program.
TO BE COMPLETED BY CTP
Name
Date of Submission
Company
Address
City, ST, Zip, Country
Phone/Fax
Email
Program Name
Sponsoring Organization
Date(s) of Program
Program Description (i.e.,
2009 TMA Cross-Border Conference
TMA Chapters
September 11 – 12, 2009
Regional Conference
conference, webinar, seminar)
Signature
TO BE COMPLETED BY EVENT SPONSOR
I verify this individual’s hours of attendance at the program listed above.
Hours of Attendance:
Printed Name of Sponsoring
Organization’s Representative
Representative’s Title:
Representative’s Signature:
6.5 CPE credits [5 general credits; 1.5 Ethics credits]