2005 Annual Report by American Bankruptcy Institute

American Bankruptcy Institute 2005 Annual Report / 2005â&#x20AC;&#x201C;2006 Calendar

2005 Annual Report AMERICAN BANKRUPTCY INSTITUTE The past year brought the most significant bankruptcy law amendments in a generation. The American Bankruptcy Institute (ABI) responded pro-actively to the challenge of educating the insolvency world and the public about the profound changes in bankruptcy law and policy. Live conferences, distance learning programs and publications reached thousands of members, easing the transition to a new law.

John D. Penn

Bettina M. Whyte

Hon. Wesley W. Steen

Samuel J. Gerdano

President

Chair

President-elect

Executive Director

In a year of many achievements for ABI, there are several other highlights:

Educational Programs ..........................................................................October 2005

• We designed and implemented new educational programs in both the United States and internationally, cementing our role as the leading provider of professional education;

Legislative Activity ............................................................................November 2005

• Our membership roll surged past the 11,000 mark, conference attendance broke records and our publications set new standards for excellence;

Online Technology & Resources ..........................................................January 2006

• As the web’s premier source of bankruptcy information, ABI’s award-winning Web site attracted record levels of traffic during the lead up to the new law;

Annual Report Table of Contents

Research ..........................................................................................December 2005

Publications ........................................................................................February 2006 Membership ............................................................................................March 2006 In the News................................................................................................April 2006

• The Endowment Fund continued to grow as a prominent source of research funding, with a major empirical study of professional fee practices now pending; and

Law Review ................................................................................................May 2006

• More members than ever became involved in our work through our concerted efforts to keep ABI connected to professionals across disciplines.

Professional Development ..........................................................................July 2006

The coming year will bring another milestone in ABI’s outreach and governance, when we welcome the first U.S. Bankruptcy Judge to serve as ABI President. Judge Wesley W. Steen (W.D. Texas) is scheduled to lead ABI, beginning in April 2006.

Finances ..........................................................................................September 2006

International Activity..................................................................................June 2006

Bankruptcy Certification ........................................................................August 2006

Endowment Fund Contributors ............................................................October 2006 Board of Directors ............................................................................November 2006

We look even further ahead with anticipation to ABI’s silver anniversary year in 2007, ready to reach new milestones. We again invite you to be an active player in our coming activities.

ABI Staff ............................................................................................December 2006 Committees

Educational Programs In addition to expanding the number of educational program opportunities this year, ABI introduced a number of new delivery systems to provide members with the latest information on the new bankruptcy law, offer new ways to meet continuing education requirements and accommodate busy schedules.

Webinars on the New Law

Regional Programs

After the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) was signed into law by President Bush on April 20, ABI began offering educational programs on the new law. ABI’s seven-part Webinar series offered comprehensive coverage of both consumer and business bankruptcy practice under the new law.

ABI offered several new regional programs this year. The first-ever Mid Atlantic Conference, held August 4-6 in Cambridge, Md., was well received and will become an annual regional event. Also for the first time, ABI will present the Detroit Bankruptcy Conference on November 11, 2005. Other regional meetings remained popular and included the annual Views from the Bench program, the intensive learn-bydoing Litigation Skills Symposium and the regular roster of regional programs. Cross-border programs included the Canadian/American Bankruptcy Program in Toronto and the Caribbean Insolvency Symposium, held in Puerto Rico.

Annual Spring Meeting More than 1,200 members attended the 23rd Annual Spring Meeting, the first national educational program focused on bankruptcy following President Bush’s signing of the new bankruptcy law. In addition to the wide array of sessions that included coverage of the newly passed law, attendees were treated to a keynote address by syndicated columnist George F. Will. The final night dinner featured comedian Richard Jeni and the all-ABI member band, the Indubitable Equivalents.

Winter Leadership Conference The 2004 Winter Leadership Conference in Scottsdale, Ariz., attended by more than 750, offered numerous educational sessions. In addition to a variety of optional events, attendees were treated to a keynote by bestselling author and political commentator Michael Barone and the Indubitable Equivalents, who brought down the house with their debut appearance at the final night dinner.

“Best of ABI” Programs In 2005 ABI began offering the highest-rated sessions from each ABI program in a teleconference/ Webinar format. Those who were unable to attend these sessions live are now able to experience the original program, including speakers and educational materials, via phone and Web, or access the archived version of the program 24-7-365.

EventXpress The new EventXpress Registration Kiosk system now allows members to check themselves in at ABI educational programs, accurately track CLE credits and purchase optional event tickets onsite.

Legislative Activity “ABI is the premier source for information, insight and education on legislation.” Hon. G. Harvey Boswell U.S. Bankruptcy Judge; Jackson, Tennessee Member Since 1985

Nearly eight years of congressional action on bankruptcy culminated in enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (Public Law 109-8) on April 20. BAPCPA is the most significant legislative development since passage of the 1978 Code and represents a sea-change in U.S. debtor-creditor relations. Most of the provisions apply to cases filed on or after the effective date of October 17, 2005. The mere 180-day effective date window meant that ABI had to immediately plan and implement educational programs for our members. ABI swiftly announced a seven-part series of Webinars on the coming new law. The Webinars utilized advanced distance learning technologies to provide a rich visual and audio experience. The programs were extremely popular: More than 2,000 practitioners registered for more than 10 hours of detailed CLE coverage. Three of the programs were devoted to consumer bankruptcy law and three covered the business bankruptcy changes. The final program featured seven leading bankruptcy judges from around the nation, providing their views on the controversial law’s key elements. The series was offered without charge to bankruptcy judges and their law clerks, as a service to the Third Branch.

25 20

20 15

ABI members voiced their opinions on the impact of the new law via online polls.

What attendees said about the Webinar series on the new law:

“The presenters were extremely well versed and had great interaction.” “Web presentation and materials were truly superb.” “A wonderful way to present a seminar and provide materials.” “Congratulations on a very user-friendly and high quality program.” “The materials and speakers were incredibly good, as good as any face-to-face seminar I’ve attended.”

Resident Scholar Jeffrey Morris led a panel on the new law during the Annual Meeting.

Signing ceremony at the White House.

Research The ABI Endowment Fund, created in 1989 to provide a resource for the Institute’s mission of scholarly research and education, continued its growth this year. The Fund now totals more than $1.4 million in contributions and pledges from nearly 4,000 members. Many members have donated via the voluntary $30 tax-deductible gift option as part of their annual membership renewal. Since 1998, when the first research grant was made, the Endowment has funded nearly $500,000 in awards.

In late 2004, the Endowment Fund awarded a $346,000 grant to Stephen J. Lubben, Associate Professor of Law at Seton Hall University School of Law, to study professional fees in business bankruptcy cases. The study will provide the most comprehensive, independent look at professional fees in chapter 11 cases to date. It is expected to include 1,000 cases, vastly exceeding the sample size of any prior study on this topic. Preliminary work on the study began in mid-2005, and the final report will be completed by the fall of 2007. This year, the Fund also awarded a $21,100 grant to Memphis-based RISE Foundation to study consumer bankruptcy from the debtor’s perspective. Memphis has the nation’s highest per capita filing rate. The results will assist practitioners and policy-makers in evaluating the factors behind the high filing rate in the Western District of Tennessee and will provide insight into the debtor’s life after bankruptcy.

$ 1,500,000

$ 1,200,000

$ 900,000

$ 600,000

$ 300,000 Prof. Nathalie D. Martin

Prof. John D. Ayer

Fall 2005 Resident Scholar

Spring 2006 Resident Scholar

0 The Fund also provides an annual stipend for ABI’s Robert M. Zinman Resident Scholar program. Each Zinman Scholar is a leading member of the academic community, on leave from full-time teaching to assist ABI in research and educational activities. The Fall 2005 Resident Scholar is University of New Mexico School of Law Prof. Nathalie D. Martin. The Spring 2006 Scholar is Prof. John D. Ayer of the University of CaliforniaDavis School of Law.

Online Technology & Resources “In researching bankruptcy issues, I go to the ABI World Web site first. The vault of articles and outlines is a gold mine.” Richard P. Carmody Adams and Reese LLP; Birmingham, Alabama Member Since 1985

ABI World ABI continued to expand the scope of its online resources for members this year, adding a number of new features to the ABI World Web site (www.abiworld.org), offering online Webinars, Web chats and much more. The popular ABI World Web site continued to add to its wide variety of online resources, which are available to members 24-7-365. The Web site offered minute-to-minute news and analysis as bankruptcy reform legislation made its way through Congress in early 2005. The site offered in-depth analysis of the new provisions, up-to-the-minute votes on amendments, debate transcripts, media coverage and much more. Once the new law was signed by the president on April 20, ABI began offering numerous resources to address practice under the new law. The ABI World Web site offers many popular features, including a newly upgraded “Cracking the Code” interactive newsletter, back issues of the popular ABI Journal and ABI Law

Review, an online Membership Directory, daily bankruptcy headlines, the ABI Career Center, Circuit Case Updates, bankruptcy opinions and much, much more. With more than 110,000 searchable online documents, ABI World is the best online resource for bankruptcy professionals. Due to the sheer amount of information offered at the Web site, in the spring of 2005 the ABI staff created easy-to-understand tutorials demonstrating the many features of the Web site. The full series can be accessed at any time from the ABI World home page.

Online Programs ABI enhanced its online educational offerings this year, offering the “Best of ABI” program from each of the regional conferences, online question-and-answer sessions and a Webinar series on the new law. With a growing number of states offering continuing education credit for online programs, the new delivery system provides a convenient alternative to traveling to a meeting. An archive of past events allows members to register and receive content on-demand in the convenience of their offices.

Publications “Without a doubt, the ABI Journal is the most useful publication I receive.” William Crutchfield, Jr. Chambliss, Bahner & Stophel; Chattanooga, Tennessee Member Since 1986

New Titles and Updates ABI introduced several new titles to its diverse array of publications this year and began updating the entire catalog to account for changes made by the new law. Getting Paid: Retention and Compensation in Bankruptcy Cases– A Guide for Non-attorney Professionals, released in the spring, discusses the various aspects of the professional retention and fees process. Also introduced this year was the second edition of the ABI Health Care Insolvency Manual, a significantly expanded and updated version of the first edition published in 1997. The manual, which includes the significant health care and nonprofit provisions of BAPCPA, is designed to be an easily accessible and user-friendly introduction of the basics of business bankruptcy for the health care professional and the basics of health care law for the bankruptcy professional. New titles and updates to current ABI publications covering the new law will be released in 2005 and 2006 and made available through the online bookstore at ABI World (www.abiworld.org). The bookstore provides a full description of all ABI publications and allows for online purchase at any time.

ABI Committee e-Newsletters ABI’s 20 committees publish quarterly e-newsletters that provide committee members with the latest news and information. All members can read these electronic newsletters online at ABI World.

Membership “If you do serious bankruptcy work, or if you need to refer bankruptcy work out on a regular basis, or if you are interested in doing more bankruptcy work, the ABI is the only real bankruptcy organization that makes sense to join.” Ford Elsaesser Elsaesser, Jarzabek, Anderson, Marks, Elliott & McHugh, Chtd.; Sandpoint, Idaho Member Since 1985

New and Young Members network at a reception durning the Annual Spring Meeting.

Membership surpassed 11,000 during 2005, just 15 months after breaking the 10,000member mark, making ABI not only the largest and most diverse insolvency organization, but the fastest-growing as well. ABI members are experienced leaders in the practice. Surveys show that 44 percent have over 20 years in the field and 72 percent have at least 10 years in practice. All disciplines are well represented: While most are involved in commercial and business bankruptcies, nearly a third do at least some consumer bankruptcy work.

Many members join ABI via conference or seminar attendance. Nearly 250 members joined during the first eight months of 2005 by this method. Many also value the ability to network with professionals across disciplines nationwide. Responding to members’ desire for more local networking events, ABI hosted several receptions in cities not served by regional conferences, including Cleveland, Seattle, San Antonio and San Francisco, with other events planned for Orlando, Boston and St. Louis.

The new “Get Involved” initiative makes it easy for all members to play an active role in ABI by writing for publications, moderating a listserve and helping to plan committee programs. Each of ABI’s 20 member committees has produced at least one electronic newsletter this year, featuring content of interest and providing new opportunities for members to be published.

In the News “There is no better way to keep up with bankruptcy law and practice than through the ABI.” L.E. Creel III Creel & Moore LLP; Dallas Member Since 1983

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 dominated this year’s bankruptcy news coverage, followed closely by the financial crisis facing the nation’s airlines, pending asbestos litigation and pension funding crises. ABI leaders from all over the country were interviewed by news outlets as diverse as The Washington Post, The New York Times, The Wall Street Journal, the Los Angeles Times, CNBC, the Associated Press, CNN, NPR, C-SPAN, The National Law Journal and Voice of America, and ABI was cited more than 1,500 times. Among the most requested information was the law’s effect on consumers, whether people/companies will rush to file ahead of October 17, and consumer credit issues.

Online Newsroom ABI’s online Newsroom offers a wide range of information to journalists, from bankruptcy statistics to grant awards and ABI events. More than one million “hits” on ABI World’s Statistics and Press Room sections from September 2004 to August 2005 confirm the site’s value to news organizations.

Dow Jones Daily Review Small Cap ABI leadership continued to provide commentary to Dow Jones Daily Review Small Cap, an initiative that began last year. President John D. Penn and Immediate Past President Michael P. Richman provided commentary on the new bankruptcy law and the efficacy of the U.S. bankruptcy system. The articles can be found at www.abiworld.org.

Law Review

The American Bankruptcy Institute Law Review is the nation’s largest-circulation bankruptcy law journal. Edited by top students at St. John’s University School of Law, it is published semi-annually by Thomson West. An advisory board of more than three dozen bankruptcy judges, practitioners and academics help to plan thematic issues, edit articles and assist in the production of each issue. The board is headed by Prof. G. Ray Warner, director of the bankruptcy LL.M. program at St. John’s and a former ABI Director and Resident Scholar. The Law Review has been cited in more than 900 law reviews and court opinions and is frequently on the leading edge of trends in the law. The past year continued this tradition. The Spring 2005 issue featured a special roundtable on the cutting-edge issues involved in the bankruptcy filings of several Roman Catholic dioceses. The cases have enormous implications for the rights of religious institutions in civil society. Leading constitutional law scholars such as Douglas Laycock (University of Texas) joined bankruptcy scholars such as David Skeel (University of Pennsylvania) and Jonathan Lipson (Temple University), as well as practitioners experienced on both the creditor and debtor side of church bankruptcies. The roundtable discussion predicted accurately the recent bankruptcy court decisions expanding the scope of estate property. Other feature articles in the spring issue were written by Prof. Ralph Brubaker (University of Illinois) and Prof. Marie T. Reilly (University of South Carolina). Prof. Brubaker wrote on state sovereign immunity in the wake of the Supreme Court’s Hood decision, while Prof. Reilly wrote on the “reasonably equivalent value” standard after BFP v. Resolution Trust Co.

Prof. G. Ray Warner, Co-chair of the Law Review Advisory Board, presents the annual ABI scholarship to the 2005 ABI Law Review Editor-in-Chief, Melanie Schmid.

Law Review Advisory Board Reginald W. Jackson (Co-chair) Prof. G. Ray Warner (Co-chair) Prof. Robert M. Zinman (Co-chair) Lawrence R. Ahern John W. Ames Prof. Jean Braucher Jo Ann J. Brighton Prof. Ralph Brubaker G. Eric Brunstad Jr. Prof. Daniel J. Bussel Hon. Leif M. Clark Prof. Marianne B. Culhane Douglas E. Deutsch Prof. A. Mechele Dickerson Hon. Dennis Dow Hon. Conrad B. Duberstein Jonathan P. Friedland Prof. Christopher W. Frost Hon. Rosemary Gambardella Prof. Gregory Germain

Christopher F. Graham Prof. Karen Gross Prof. John P. Hennigan Prof. Margaret Howard David R. Kuney Prof. Robert M. Lawless Neil P. Olack Robin E. Phelan Arnold M. Quittner Patricia A. Redmond Prof. Mark S. Scarberry George H. Singer Hon. Wesley W. Steen Prof. Charles J. Tabb Hon. Eugene R. Wedoff Prof. Jay L. Westbrook Prof. Mary Jo Wiggins Prof. Jack F. Williams Prof. Todd J. Zywicki

International Activity As globalization increasingly impacts the insolvency world, the need for the sharing of experiences, techniques and strategies among lawyers, accountants, trustees, restructuring professionals, government officials and lenders continues to grow. ABI offers a number of tools, resources and educational programs to help insolvency professionals meet the growing cross-border challenges insolvency professionals face today.

Cross-border Educational Programs In February 2005 the Canadian/American Symposium, attended by nearly 300 insolvency professionals, featured prominent practitioners and judges from both nations and covered leading issues such as ancillary proceedings and judisdiction, personal liability for directors, Faculty for the 2005 Toronto program. officers and professionals, workouts under both nations’ legal regimes and negotiating labor issues under both the Code and the CCAA (Canada). Dean Ian Holloway of the University of Western Ontario called it the “insolvency event of the year” in Canada. More than 80 insolvency professionals from Puerto Rico, Latin America and 15 U.S. states attended ABI’s first Caribbean Insolvency Symposium, held in San Juan Nov. 11-12. Special guests included Puerto Rico’s Secretary of State Jose M. IzquierdoCaribbean program planners: Encarnacion and Julio David Friedman, Josefina Fernandez Fontanet, president of the McEvoy and Judge Jerry Carlo. Puerto Rico Bar Association, along with bankruptcy judges Gerardo A. Carlo and Enrique Lamoutte. The program was simultaneously translated in Spanish-English. Other cross-border educational sessions include the International Insolvency Symposium, held Sept. 23, in London, and the next Caribbean Insolvency Symposium, planned for February 9-10, 2006, in Miami.

International Committee Activity ABI’s International Committee held two continuing legal education programs this year and published four electronic newsletters, covering broad ancillary relief in Canadian and U.S. Bankruptcy courts and the new chapter 15. “European Update” is now a regular feature in the ABI Journal.

Other Resources The ABI Journal’s “The International Scene” column provides in-depth articles on cross-border issues; all past articles are available to members at ABI World. The GlobalINSOLvency.com Web site is another useful resource on crossborder issues. The site, partnered with INSOL International, features daily economic and insolvency news from around the globe, links to international organizations, international legislative developments and much more.

Professional Development “As a lawyer and a judge, I have had many opportunities to network ... only ABI has afforded me the chance to interact with so many of the other players in the bankruptcy arena. The Journal, the educational meetings, committee structure and Web site are evidence of the all-encompassing and welcoming environment that is the ABI. I am grateful to be a member.” Hon. Lee M. Jackwig, U.S. Bankruptcy Judge; Des Moines, Iowa, Member Since 1986

Corporate Restructuring Competition The Institute’s inaugural Corporate Restructuring Competition, held Nov. 11-14, 2004, at the Kellogg Graduate School of Management at Northwestern University, included eight of the nation’s best business schools. The 2004 winner was Stanford University’s Graduate School of Business. Sponsored by Houlihan Lokey Howard & Zukin, the competition encourages second-year MBA students to find creative solutions to real-world problems and provides them with opportunities to network with some of the top professionals in the fields of finance, corporate renewal and restructuring accounting. The 2005 competition, expanding to 12 top schools, is scheduled for Nov. 11-13, 2005.

National Bankruptcy Moot Court Competition The 13th Annual Conrad B. Duberstein National Moot Court Competition – the only national competition devoted to bankruptcy – included nearly 40 law school teams. The 2005 winner was the University of Connecticut School of Law. More than 600 insolvency professionals attended the final night awards dinner at Pier 60 in Manhattan. The competition, hosted by ABI and St. John’s University School of Law, is named in honor of Judge Duberstein, a former member of the ABI Board of Directors and the Chief Bankruptcy Judge of the Eastern District of New York.

Annual Bankruptcy LL.M. Scholarship Each year ABI awards a $15,000 scholarship to a student in the bankruptcy LL.M. program at St. John’s University School of Law. The LL.M. program is the only one of its kind, and the award reflects ABI’s long-standing partnership with St. John’s.

Annual Medal of Excellence More than 100 law school students around the country were presented with ABI’s Medal of Excellence Awards this year. Medal recipients, selected by each law school’s bankruptcy faculty, receive engraved medals and certificates of achievement, as well as a complimentary one-year ABI membership. ABI Director Christopher F. Graham (Thacher Proffitt & Wood; New York) is the program director. William & Mary Law School’s Prof. A. Mechele Dickerson (r) presented the ABI Medal of Excellence certificate to Rosa J. Evergreen.

Bankruptcy Certification To locate certified specialists, please visit the ABC Directory at www.abcworld.org.

New Bankruptcy Act Recognizes Value of Certification The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (S. 256), signed by President Bush in April 2005, includes a provision that allows bankruptcy courts to increase professional compensation awards to attorneys who are board certified. Specifically, the new law amends 11 U.S.C. §330(a)(3) to include a new section as follows: with respect to a professional person, whether the person is board certified or otherwise has demonstrated skill and experience in the bankruptcy field . . . Legislators and the courts recognize that the successful operation of the bankruptcy system depends on the involvement of professionals with Business Bankruptcy ....491 special expertise. Board certification provides a Consumer Bankruptcy ..296 simple, meaningful and objective measure of skill and Creditors’ Rights ..........114 expertise in the bankruptcy field. The American Board Total: 901 of Certification (ABC) administers the only national legal specialty certification programs in consumer bankruptcy law and business bankruptcy law. The ABC Faculty Committee jumped to action after passage of the new law and began developing a new exam. All exams administered in 2006 will be based on the new law.

From left: Board Members Robert Bernstein, John Penn, Candace Carlyon, Rudy Cerone, Bill Norton III and Larry Ahern.

Chair Rudy J. Cerone McGlinchey Stafford, PLLC New Orleans, LA

Michelle Anderson and Rudy Cerone.

Rebecca Case, Prof. Paulette Delk, Sam Delk and Richard Carmody.

Officers Prof. Paulette J. Delk University of Memphis Cecil C. Humphreys School of Law Memphis, TN

Current ABC Certifications Issued

ABA Recognition of Certification In August 2004 the American Bar Association (ABA) House of Delegates granted reaccreditation of the ABC business bankruptcy, consumer bankruptcy and creditors’ rights programs for an additional five years. The programs have been ABA accredited since 1993. Sixteen states recognize ABA accreditation as the sole or partial criteria for approving certifying organizations in the state. The ABA accreditation process includes a review of examinations, application requirements and organization policies and procedures.

William I. Kohn Schiff Hardin & Waite Chicago, IL

President William L. Norton III Boult, Cummings, Conners & Berry PLC, Nashville, TN Vice President Bob Bernstein Bernstein Law Firm, P.C. Pittsburgh, PA Treasurer Joe Peiffer Day, Rettig, Peiffer, Johanson Cedar Rapids, IA Secretary Lawrence R. Ahern, III Greenebaum Doll & McDonald PLLC Nashville, TN

Jill A. Michaux Neis & Michaux, PA Topeka, KS Dan Motsinger Krieg DeVault Alexander & Capehart Indianapolis, IN Mark J. Sheriff Wiles, Boyle, Burkholder & Bringardner Co., LPA Columbus, OH Bettie Sousa Smith Debnam Narron Wyche Story & Myers Raleigh, NC __________________ Executive Director Michelle L. Anderson

Finances

ABI Statement of Financial Position

2004

2003

Difference

1,630,758 3,231,348 779,130 88,624 199,895

$ 261,889 305,002 (75,145) 50,371 (22,976)

6,448,896

5,929,755

519,141

2,642,202 989,488 127,517 320,477 13,551

2,353,721 1,031,357 115,743 328,719 16,065

288,481 (41,869) 11,774 (8,242) (2,514)

Total Program Expenses

4,093,235

3,845,605

247,630

Supporting Expenses General and Administrative Membership Development Fundraising

1,567,946 176,703 52,281

1,427,836 139,682 41,109

140,110 37,021 11,172

Total Supporting Expenses

1,796,930

1,608,627

188,303

TOTAL EXPENSES

5,890,165

5,454,232

435,933

558,731

475,523

83,208

2,618,846

2,143,323

475,523

2,618,846

$ 558,731

Dear Members: During the 2004 calendar year, the American Bankruptcy Institute again strengthened its financial position. As a result of growth in membership, the income from numerous educational programs and publications, and the many contributions from supportive sponsors, total net assets have increased by approximately $560,000. This solid financial position shall permit ABI to continue to implement and provide the highest quality and varied programs for its current and future members. Tate & Tryon issued financial statements for 2004 that were presented by the Chief Financial Officer and me to the ABI Board of Directors at its Annual Spring Meeting last April. We reported that the independent auditors issued an unqualified "clean report" in conformity with generally accepted accounting principles. Our presentation to the Board highlighted the growth and continued financial vitality of ABI. James D. Gregg Treasurer, American Bankruptcy Institute

1996 1997

Total Net Assets

$244,700

ABIâ&#x20AC;&#x2122;s dramatic growth in net assets reflects our healthy balance sheet.

$493,049 $768,266

1998 1999

$970,749

2000

Revenue Membership Dues Conference and Meeting Revenue Publication and Other Revenue Investment Income Contributions

TOTAL REVENUE Program Expenses Conference and Meeting Expenses Publication and Other Expenses Research Projects and Grants Membership Services International Activities

Change in Net Assets

1,892,647 3,536,350 703,985 138,995 176,919

$1,344,459

2001

Net Assets, Beginning of Year

$1,615,788

2002

$2,143,323

2003

NET ASSETS AT END OF YEAR

$2,618,846

2004

$3,177,576 $500,000

$1,500,000

$2,500,000

$3,500,000

3,177,577

Endowment Fund Contributors Through July 31, 2005

J. Robert Medlin FTI Consulting, Inc.

Douglas Jessop Jessop & Company, PC

J. Scott Victor SSG Capital Advisors LP

Howard S. Cohen Parente Randolph, LLC

Dillon E. Jackson Foster Pepper & Shefelman, PLLC

Richard M. Meth Pitney, Hardin, Kipp & Szuch, LLP

Keith J. Shapiro Greenberg Traurig, LLP

Century Council Members $25,000 and above

Leslie H. Miles, Jr. MB Valuation Services, Inc.

George M. Kelakos ICMB Ocean Tomo

Prof. G. Ray Warner St. John's University School of Law

John Collen Duane Morris LLP

Reginald W. Jackson Vorys, Sater, Seymour & Pease, LLP

Monzack & Monaco, PA Francis A. Monaco, Jr.

Brian L. Shaw Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, LLC

AlixPartners LLC Jay Alix & Bettina M. Whyte

Morris-Anderson & Assoc., Ltd. Daniel F. Dooley & Baker A. Smith

William I. Kohn Schiff Hardin & Waite

Robert H. Warshauer Giuliani Capital Advisors LLC

Karen Cordry National Association of Attorneys General

Alan M. Jacobs AMJ Advisors LLC

Weldon L. Moore III Creel, Sussman & Moore

William A. Brandt Development Specialists, Inc.

John Tittle, Jr. XRoads Solutions Group

E. Bruce Leonard Cassels Brock & Blackwell

Bettina M. Whyte AlixPartners LLC

J. James Jenkins Robbins Tapp Cobb & Assoc., PLLC

Hon. C. Ray Mullins U.S. Bankruptcy Court

Bridge Associates LLC Anthony H. Schnelling

Wells Fargo Foothill

James T. Markus Block, Markus & Williams

Prof. Jack F. Williams Georgia State University/ BDO Seidman LLP

Soneet R. Kapila Kapila & Company

The Nassi Group LLC Albert T. Nassi

Peter S. Kaufman Gordian Group, LLC

David M. Neff Piper Rudnick, LLP

Robert J. Keach Bernstein, Shur, Sawyer & Nelson, PA

Neil P. Olack Duane Morris LLP

Danny C. Kelly Stoel Rives LLP

Olshan, Grundman, Frome, Rosenzweig & Wolosky, LLP

Richardo I. Kilpatrick Kilpatrick & Associates PC

Michael P. O’Neil Sommer Barnard, PC

Gus Michael Farinella

Melissa Kibler Knoll Mesirow Financial Consulting LLC

Christian Carl Onsager Onsager & Staelin

Robert E. Feidler

Faye Knowles

Gilbert C. Osnos RKG Osnos Partners LLC

Tinamarie Feil BMC Group

Andrew A. Kress Kaye Scholer LLP

Jean K. FitzSimon Bridge Associates LLC

Forrest B. Lammiman Lord Bissell & Brook

John William Butler, Jr. Skadden, Arps, Slate, Meagher & Flom, LLP

Prof. Robert M. Zinman St. John's University School of Law

Benefactors L.E. Creel III Creel, Sussman & Moore, LLP Harry D. Dixon, Jr. Dixon Attorneys International PC Keen Consultants LLC National Auctioneers Association Robert A. Shively & Larry Theurer Visa USA, Inc.

Lifetime Members

John W. Ames Greenebaum Doll & McDonald PLLC Atlas Partners, LLC Roger “Biff” Ruttenberg Becket & Lee LLP Berman & Norton Breman, PA Steven M. Berman Joseph S.U. Bodoff Bodoff & Slavitt, LLP Edward P. Bond Bederson & Company, LLP

A.S.K. Financial, Inc. Gregory S. Abrams & Joseph L. Steinfeld

Paul Bennett Bran Dickstein, Shapiro, Morin & Oshinsky LLP

Gerald P. Buccino Buccino & Associates, Inc.

Eric L. Brossman Saul Ewing LLP

Mesirow Financial Consulting LLC

Hon. Leif M. Clark U.S. Bankruptcy Court

Mitchell H. Cohen Gordon Brothers Retail Partners LLP Robert N. Dangremond AlixPartners LLC Sanford R. Edlein Glass & Associates, Inc. Ford Elsaesser Elsaesser, Jarzabek, Anderson, Marks & Elliott, Chtd. Barbara A. Everly James S. Feltman Mesirow Financial Consulting LLC Steven G. Golick Osler, Hoskin & Harcourt, LLP

Deborah Williamson Cox Smith Matthews Inc.

$5,000–$9,999

$10,000–$24,999 Andersen

Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC Richard E. Mikels & William W. Kannel

Cohn, Whitesell & Goldberg LLP Daniel C. Cohn Dickinson Wright PLLC Daniel F. Gosch Executive Sounding Board Associates, Inc. Martin I. Katz Robert M. Fishman Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, LLC Dion W. Hayes McGuireWoods LLP Philip J. Hendel Hendel & Collins, PC

NachmanHaysBrownstein, Inc. Howard B. Brownstein

Sustaining Members

David L. Osias Allen, Matkins, Leck, Gamble & Mallory

Sean Allen BMC Group

The Ozer Group & Paragon Capital, LLC Stephen G. Miller Dawn Ragan Deloitte Patricia A. Redmond Stearns Weaver, et al. Robert P. Reynolds Reynolds, Reynolds & Duncan, LLC Michael P. Richman Mayer, Brown, Rowe & Maw LLP Rebecca A. Roof AlixPartners LLC Thomas J. Salerno Squire, Sanders & Dempsey, LLP Chester B. Salomon Stevens & Lee PC James Patrick Shea Shea & Carlyon, Ltd. William K. Snyder Corporate Revitalization Partners LLC

James H. Cossitt Attorney & Counselor at Law Jack J. Cullen Foster Pepper & Shefelman, PLLC H. Slayton Dabney King & Spalding LLP Hon. J. Michael Deasy U.S. Bankruptcy Court

$2,000–$4,999

Jerald Ancel Sommer Barnard, PC Arent Fox PLLC Andrew I. Silfen Atwell, Curtis & Brooks Ltd./ University Management Associates & Consultants Corporation Melyssa Barrett Visa USA, Inc. Gary D. Bernhardy Carl Marks Consulting Group Scott Bernstein SB Capital Group LLC Matthew Bordwin Keen Consultants LLC C.R. “Chip” Bowles, Jr. Greenebaum, Doll & McDonald PLLC Prof. Daniel U. Bussel Klee, Tuchin, Bogdanoff & Stern, LLP Andrew W. Caine Pachulski, Stang, Ziehl, Young, Jones & Weintraub, PC

Lisa Donahue & John Patton AlixPartners LLC Holly Felder Etlin XRoads Solutions Group

Allan Friedman Bowne & Co.

Alan D. Lasko Alan D. Lasko & Associates PC

Hon. John K. Pearson (Retired Judge) Hinkle Elkouri Law Firm LLC Joseph A. Peiffer Day Rettig Peiffer, PC

Don Jeffrey Gelber Gelber, Gelber, Ingersoll & Klevansky

Latham & Watkins Robert J. Rosenberg

Scott Peltz American Express Tax & Business Services

Getzler Henrich & Associates LLC Joel Getzler

Gerard J. Leimkuhler Wescott Strategic Management LLC

John D. Penn Haynes and Boone, LLP

Leonard H. Gilbert Holland & Knight, LLP

Joel H. Levitin Dechert

Thomas J. Petters Redtag, Inc.

Peter Gilhuly Latham & Watkins

Hon. William Lipkin Cozen O’Connor

Lisa M. Poulin FTI Consulting, Inc.

Hon. William H. Gindin U.S. Bankruptcy Court

Richard M. Lorenzen Perkins Coie Brown & Bain, LLP

Craig V. Rasile Hunton & Williams LLP

Jeffrey Gordon The Gordon Company, Inc.

James M. Lukenda Huron Consulting Group LLC

Timothy T. Read

James H.M. Sprayregen Kirkland & Ellis LLP

Mary Jane Cardwell

Stutman, Treister & Glatt, PC Michael H. Goldstein

Carl Marks Consulting Group LLC Mark Claster

Harvey L. Tepner Compass Advisers, LLP

George B. Cauthen Nelson Mullins Riley & Scarborough, LLP

Wayne M. Greenwald Wayne Greenwald, PC

McDonald Hopkins Co., LPA Shawn M. Riley

R.R. Donnelley Financial Jeff Cunix, Mark Haley, H.J. Paik & Brian Quinn

Rudy J. Cerone McGlinchey Stafford PLLC

Hon. James D. Gregg U.S. Bankruptcy Court

Josefina Fernandez McEvoy Squire, Sanders & Dempsey LLP

Joseph Samet Baker & McKenzie LLP

David D. Cleary McDermott, Will & Emery

Nell Hennessy

Thomas M. Messana Ruden McClosky Smith Schuster & Russell, PA

David C. Schattenstein Wiener and Wiener LLP

Christopher F. Graham Thacher Proffitt & Wood Daniel Carl Green Racine, Olson, Nye, Budge & Bailey

Hon. Raymond T. Lyons U.S. Bankruptcy Court Jerry M. Markowitz Markowitz, Davis, Ringel & Trusty, PA

Jonathan Reich Michael Fox International M. Freddie Reiss FTI Consulting, Inc.

Richard N. Tilton High Ridge Partners Pat Cavanaugh, Mike Eber & Nancy Ross

Kenneth C. Henry RTL Recovery Group, Inc.

Togut, Segal & Segal LLP Albert Togut

The Hilco Organization James B. Matthews Prime Locations LLC

Hon. Lee M. Jackwig U.S. Bankruptcy Court

TRG Michael J. Epstein

Alan Cohen Abacus Advisors Group LLC

Michael P. Horan Akerman Senterfitt

Jeffrey M. Schlerf The Bayard Firm, P.A.

Sanford Sigoloff Sigoloff & Associates, Inc. Edward J. Siskin Bank of America Retail Finance Group James E. Smith Attorney at Law Frank A. Somers Bank of America Berry D. Spears Winstead Sechrest & Minick PC Hon. Wesley W. Steen U.S. Bankruptcy Court Stonehill Group LLP Donald C. Swenson Lynn Lewis Tavenner Tavenner & Beran, PLC Troy Taylor Algon Capital LLC Thomson West Susan Rinebold Deborah L. Thorne Barnes & Thornburg United Way of Miami-Dade Lawrence M. Schantz Adorno & Yoss, PA Lynnette R. Warman Jenkens & Gilchrist Warner, Stevens & Doby LLP Michael Warner Hon. Eugene R. Wedoff U.S. Bankruptcy Court Stephen D. Wheelis Wheelis & Rozanski Bryan J. Wick Wick Phillips, LLP Colin W. Wied C.W. Wied PC Joseph J. Wielebinski Munsch, Hardt, Kopf & Harr PC R. Scott Williams Haskell Slaughter Louis A. Zircher

2005–2006 Board of Directors Bettina M. Whyte* Chair AlixPartners LLC New York, New York

Hon. James D. Gregg* Treasurer U.S. Bankruptcy Court Grand Rapids, Michigan

Michael P. Richman* Immediate Past-President Mayer, Brown, Rowe & Maw LLP New York, New York

Lawrence R. Ahern III Greenebaum, Doll & McDonald PLLC Nashville, Tennessee

John D. Penn* President (Term to April 2006) Haynes and Boone LLP Fort Worth, Texas Hon. Wesley W. Steen* President-Elect U.S. Bankruptcy Court Houston, Texas John W. Ames* Vice President – Publications Greenebaum, Doll & McDonald PLLC Louisville, Kentucky George M. Kelakos* Vice President – International Affairs ICMB Ocean Tomo Greenwich, Connecticut Melissa Kibler Knoll* Vice President – Membership Mesirow Financial Consulting LLC Chicago, Illinois Neil P. Olack* Vice President – Education Duane Morris LLP Atlanta, Georgia Hon. Steven W. Rhodes* Vice President – Research/Grants U.S. Bankruptcy Court Detroit, Michigan Anthony H.N. Schnelling* Vice President – Development Bridge Associates LLC New York, New York Dillon E. Jackson* Secretary Foster Pepper PLLC Seattle, Washington

Melyssa R. Barrett Visa USA Inc. San Francisco, California Geoffrey L. Berman Development Specialists Inc. Los Angeles, California Matthew Bordwin Keen Consultants LLC Great Neck, New York Mark V. Bossi Thompson Coburn LLP St. Louis, Missouri Prof. Ralph E. Brubaker* University of Illinois College of Law Champaign, Illinois Andrew W. Caine Pachulski, Stang, Ziehl, Young, Jones & Weintraub PC Los Angeles, California Mitchell H. Cohen Gordon Brothers Group LLC Boston, Massachusetts Francis J. Conway Navigant Consulting Inc. New York, New York William Derrough Jefferies & Company Inc. New York, New York Mitchell E. Drucker CIT Group Inc. New York, New York Sanford R. Edlein Glass & Associates Inc. Dallas, Texas

Hon. Joan N. Feeney U.S. Bankruptcy Court Boston, Massachusetts

Josefina Fernandez McEvoy Squire, Sanders & Dempsey LLP Los Angeles, California

Robert J. Rosenberg Latham & Watkins LLP New York, New York

James S. Feltman Mesirow Financial Consulting LLC Miami, Florida

J. Robert Medlin FTI Consulting Inc. Dallas, Texas

Nancy A. Ross High Ridge Partners Inc. Chicago, Illinois

Hon. Judith K. Fitzgerald U.S. Bankruptcy Court Pittsburgh, Pennsylvania

Richard E. Mikels Mintz, Levin, Cohn, Ferris, Glovsky & Popeo PC Boston, Massachusetts

Chester B. Salomon Stevens & Lee PC New York, New York

Steven G. Golick Osler, Hoskin & Harcourt LLP Toronto, Ontario Christopher F. Graham Thacher Proffitt & Wood LLP New York, New York Hon. David W. Houston III U.S. Bankruptcy Court Aberdeen, Mississippi Reginald W. Jackson* Vorys, Sater, Seymour and Pease LLP Columbus, Ohio Peter S. Kaufman Gordian Group LLC New York, New York Robert J. Keach Bernstein, Shur, Sawyer & Nelson PA Portland, Maine Richardo I. Kilpatrick Kilpatrick & Associates PC Auburn Hills, Michigan Joel H. Levitin Dechert LLP New York, New York James T. Markus* Block Markus & Williams LLC Denver, Colorado Elizabeth J. Marshall Ford Motor Credit Co. Deerfield Beach, Florida

Benjamin L. Nortman Hilco Trading Co. Inc. Northbrook, Illinois Colleen A. Palmer GE Commercial Finance Corporate Financial Services London, England Nancy A. Peterman Greenberg Traurig LLP Chicago, Illinois Jeffrey N. Pomerantz Pachulski, Stang, Ziehl, Young, Jones & Weintraub PC Los Angeles, California John Rao National Consumer Law Center Boston, Massachusetts Patricia A. Redmond Stearns, Weaver, Miller, et al. Miami, Florida Hon. Linda B. Riegle U.S. Bankruptcy Court Las Vegas, Nevada Susan Rinebold Thomson West Rochester, New York Rebecca A. Roof AlixPartners LLC New York, New York

Joseph Samet Baker & McKenzie LLP New York, New York Sandra L. Schirmang Kraft Foods Global Inc. Northfield, Illinois Brian L. Shaw Shaw Gussis Fishman Glantz Wolfson & Towbin LLC Chicago, Illinois James Patrick Shea Shea & Carlyon Ltd. Las Vegas, Nevada John Tittle Jr. XRoads Solutions Group LLC Dallas, Texas Lynnette R. Warman Jenkens & Gilchrist PC Dallas, Texas Robert H. Warshauer Giuliani Capital Advisors LLC New York, New York Hon. Eugene R. Wedoff* U.S. Bankruptcy Court Chicago, Illinois

Samuel J. Gerdano Executive Director American Bankruptcy Institute Alexandria, Virginia * Denotes Executive Committee Member

ABI Staff

Ann vom Eigen

Kathy Sheehan, Alexandra Abraham, Monica Brown, Mary Kleppinger and Patty Sadusky.

Executive Director/Chief Operating Officer Deputy Executive Director/General Counsel

Samuel J. Gerdano, Esq. Ann vom Eigen, Esq.

Chief Financial Officer Accounting Manager Staff Accountant Accounts Receivable

Kathy L. Sheehan Patty Sadusky Alexandra Abraham Monica Brown

Director of Administration

Mary Kleppinger

Communications Coordinator Communications Assistant Strategic Communications Manager Manager of Online Technology Web Assistant Graphic Designer

Carolyn M. Kanon Courtney Reyers Lissa D. Hurwitz Karim Guirguis Erica Peterson Susan Druzak

Patricia Noboa, Lissa Hurwitz, Karim Guirguis, Susan Druzak, Erica Peterson, Courtney Reyers and Carolyn Kanon.

Christopher Thackston, Kimberly Hay, Larissa Mendes and Emily Gaines.

Sharisa Sloan, Caroline Milani and Rali Mileva.

John Good, Jennifer Dugas, Jennifer Walker and Jennifer Aversano.

Staff Assistant/Publications Fulfillment

Pat Noboa

Marketing Coordinator Director of Special Projects Partnership Coordinator

Director of Membership Membership Retention Manager Membership Specialist Membership Assistant

Christopher S. Thackston Kimberly A. Hay, CCSP Emily Gaines Larissa Mendes

Meeting Planner Meeting Planner Meeting Planner Meeting Planner

Sharisa L. Sloan Caroline R. Milani Rali Mileva Jennifer Aversano Jennifer Dugas John C. Good Jennifer Walker

Committees Alternative Dispute Resolution Hon. Barbara J. Houser U.S. Bankruptcy Court 1100 Commerce St. Suite 1254 Dallas, TX 75242 (214) 753-2055 (214) 753-2057 fax judge_barbara_houser@txnb. uscourts.gov Lester J. Levy JAMS 2 Embarcadero Ctr., Suite 1100 San Francisco, CA 94111-3802 (415) 982-5267 (415) 982-5287 fax llevy@jamsadr.com Asset Sales Weston Anson CONSOR 7342 Girard Ave. Suite 8 La Jolla, CA 92037-5159 (858) 454-9091 x207 (858) 454-7819 fax wanson@consor.com David Peress XRoads Solutions Group, LLC 400 Madison Avenue, 3rd Floor New York, NY 10017 (212) 610-5625 (212) 610-5601 fax dperess@xroadsllc.com

Bankruptcy Litigation Hon. Barry Russell U.S. Bankruptcy Court 255 E. Temple St., Suite 1660 Los Angeles, CA 90012 (213) 894-6091 barry_russell@cacb.uscourts.gov Evan Slavitt Bodoff & Slavitt LLP 225 Friend St. Boston, MA 02114-1812 (617) 742-7300 (617) 742-9969 fax eslavitt@bodoffslavitt.com Bankruptcy Taxation

Bradley D. Sharp Development Specialists, Inc. 333 S. Grand Ave., Suite 2010 Los Angeles, CA 90071-1524 (213) 617-2717 (213) 617-2718 fax bsharp@dsi.biz Subcommittee on Insurance, Construction & Surety J. Gregg Miller Pepper Hamilton LLP 2 Logan Square, Suite 3000 Philadelphia, PA 19103-2711 (215) 981-4085 (215) 981-4750 fax millerj@pepperlaw.com

Commercial Fraud Task Force Sandra T. Rasnak Office of the U.S. Trustee 227 W. Monroe St., Suite 3350 Chicago, IL 60606-5025 (312) 886-5784 (312) 886-5794 fax sandra.rasnak@usdoj.gov Jack Seward Jack Seward Associates, LLC 433 W. 24th St., Suite 1D New York, NY 10011 (917) 450-9328 (212) 656-1486 fax jackseward@msn.com

Dennis J. LeVine Dennis LeVine & Associates, PA PO Box 707 Tampa, FL 33601-0707 (813) 253-0777 (813) 253-0975 fax dennis@bcylaw.com

Richard M. Meth Pitney Hardin LLP 200 Campus Dr. Florham Park, NJ 07932 (973) 966-8319 (973) 966-1015 fax rmeth@pitneyhardin.com

Thomas J. Yerbich U.S. District Court PO Box 210507 222 W. 7th Ave., Stop 4 Anchorage, AK 99513-7504 (907) 677-6136 (907) 274-5794 fax yerblaw@alaska.com

Finance and Banking

Court Administration

Peter Antoszyk Brown Rudnick Berlack Israels 1 Financial Ctr., Suite 1802 745 Atlantic Ave. Boston, MA 02111 (617) 856-8513 (617) 856-8201 fax pantoszyk@brownrudnick.com

Consumer Bankruptcy David Howard Stein Duane Morris LLP 744 Broad St., Suite 1200 Newark, NJ 07102 (973) 424-2022 (973) 424-2001 fax dhstein@duanemorris.com Business Reorganization Robert J. Keach Bernstein, Shur, Sawyer & Nelson, PA 100 Middle St. PO Box 9729 Portland, ME 04104 (207) 774-1200 (207) 774-1127 fax rkeach@bssn.com

Subcommittee on Hospitality, Entertainment Venues & Gaming Rudy J. Cerone McGlinchey Stafford, PLLC 643 Magazine St. New Orleans, LA 70130-3405 (504) 596-2786 (504) 596-2760 fax rcerone@mcglinchey.com Subcommittee on Small Business Deborah A. Crabbe Foster, Pepper & Shefelman, PLLC 1111 Third Ave., Suite 3400 Seattle, WA 98101-3264 (206) 447-5325 (206) 749-2009 fax crabd@foster.com

Hon. Dennis R. Dow U.S. Bankruptcy Court Charles Evans Whittaker Courthouse 400 E Ninth St., Room 6562 Kansas City, MO 64106-2607 (816) 512-1880 (816) 512-1893 fax dennis_dow@mow.uscourts.gov Hon. Thomas F. Waldron U.S. Bankruptcy Court 120 W. Third St. Dayton, OH 45402 (937) 225-2863 (937) 255-2705 fax thomas_waldron@ohsb. uscourts.gov

Hon. Cecelia G. Morris U.S. Bankruptcy Court 176 Church St. Poughkeepsie, NY 12601-4165 (845) 452-3728 (845) 452-5031 fax judge_morris@nysb.uscourts.gov Lynn Lewis Tavenner Tavenner & Beran, PLC 1015 E Main St., 1st Floor Richmond, VA 23219-3527 (804) 783-8300 (804) 783-0178 fax ltavenner@tb-lawfirm.com Ethics Richard P. Carmody Adams and Reese LLP 2100 Third Ave. N., Suite 1100 Birmingham, AL 35203 (205) 250-5033 (205) 250-5034 fax richard.carmody@arlaw.com

Mark D. Collins Richards, Layton & Finger, PA One Rodney Square, 2nd Floor PO Box 551 Wilmington, DE 19899-0551 (302) 651-7531 (302) 651-7701 fax collins@rlf.com Financial Advisors Rebecca A. Roof AlixPartners LLC 9 W. 57th St., Suite 3420 New York, NY 10019-2701 (212) 297-6321 (212) 490-1344 fax broof@alixpartners.com

Health Care

Investment Banking

Legislation

Professional Compensation

William W. Kannel Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC 1 Financial Ctr., 39th Floor Boston, MA 02111-2621 (617) 348-1665 (617) 542-2241 fax wkannel@mintz.com

James D. Decker Houlihan Lokey Howard & Zukin 3475 Piedmont Rd. NE, Suite 950 Atlanta, GA 30305-2991 (404) 495-7012 (404) 233-1460 fax jdecker@hlhz.com

Hon. David W. Houston, III U.S. Bankruptcy Court 703 Hwy. 145 North Aberdeen, MS 39730 (662) 369-2624 (662) 369-2635 fax david_houston@msnb.uscourts.gov

Peter S. Kaufman Gordian Group, LLC 499 Park Ave., 5th Floor New York, NY 10022-1240 (212) 486-3600 (212) 486-3616 fax psk@gordiangroup.com

R. Scott Williams Haskell Slaughter Young & Rediker, LLC 2001 Park Pl. N., Suite 1400 Birmingham, AL 35203-2700 (205) 254-1435 (205) 324-1133 fax rsw@hsy.com

C.R. "Chip" Bowles Jr. Greenebaum Doll & McDonald PLLC National City Twr. 101 S. Fifth St., Suite 3500 Louisville, KY 40202 (502) 587-3746 (502) 540-2274 fax crb@gdm.com

Samuel R. Maizel Pachulski, Stang, Ziehl, Young, Jones & Weintraub PC 10100 Santa Monica Blvd Suite 1100 Los Angeles, CA 90067-4111 (310) 277-6910 (310) 201-0760 fax smaizel@pszyjw.com International George M. Kelakos ICMB Ocean Tomo Two Sound View Drive Suite 100 Greenwich, CT 06830 (917) 981-9630 (203) 622-3902 (fax) gkelakos@oceantomo.com Josefina Fernandez McEvoy Squire, Sanders & Dempsey, LLP 801 S. Figueroa St., 14th Floor Los Angeles, CA 90017-5554 (213) 689-5120 (213) 623-4581 fax jmcevoy@ssd.com Ian G. Williams Edwards Geldard 44 The Ropewalk Nottingham, NG1 5EL England 44 115 840 4499 44 115 840 4500 fax ian.williams@geldards.co.uk

Law School

Thomas A. Morrow AlixPartners LLC 2000 Town Ctr., Suite 2400 Southfield, MI 48075-1250 (248) 358-4420 (248) 358-1969 fax tmorrow@alixpartners.com

Mass Torts Christopher F. Graham Thacher Proffitt & Wood LLP 2 World Financial Ctr. New York, NY 10281-1008 (212) 912-7669 (212) 912-7751 fax cgraham@thacherproffitt.com Prof. G. Ray Warner St. John's University/ Greenberg Traurig, LLP 8000 Utopia Pkwy. Jamaica, NY 11439 (718) 990-6620 (718) 591-1855 fax warnerg@stjohns.edu Prof. Robert M. Zinman St. Johnâ&#x20AC;&#x2122;s University School of Law 8000 Utopia Pkwy. Jamaica, NY 11439-0002 (718) 990-6646 (718) 990-2199 fax zinmanr@stjohns.edu

Richard Cohen GCG 6525 W. Campus Oval, Suite 175 New Albany, OH 43054 (614) 289-5410 (614) 289-5411 fax rich.cohen@gardencitygroup.com Theodore L. Freedman Kirkland & Ellis LLP 153 E. 53rd St. New York, NY 10022-4611 (212) 446-4934 (212) 446-4900 fax tfreedman@kirkland.com David B. Wheeler Moore & Van Allen, PLLC 40 Calhoun St., Suite 300 Charleston, SC 29401 (843) 579-7015 (843) 579-8727 fax davidwheeler@mvalaw.com

Public Companies and Claims Trading Geoffrey Groshong Miller Nash LLP 601 Union St., Suite 4400 Seattle, WA 98101-2352 (206) 622-8484 (206) 622-7485 fax geoff.groshong@millernash.com Glenn E. Siegel Dechert LLP 30 Rockefeller Plz., 23rd Floor New York, NY 10112-2200 (212) 698-3569 (212) 698-3599 fax glenn.siegel@dechert.com Real Estate John Collen Duane Morris LLP 227 W. Monroe St., Suite 3400 Chicago, IL 60606-5098 (312) 449-6783 (312) 449-6701 fax jcollen@duanemorris.com

Alec P. Ostrow Stevens & Lee, PC 485 Madison Ave., 20th Floor New York, NY 10022-5803 (212) 537-0402 (212) 319-8505 fax apo@stevenslee.com

Deborah L. Thorne Barnes & Thornburg LLP 1 N. Wacker Dr., Suite 4400 Chicago, IL 60606-2841 (312) 214-8307 (312) 759-5646 fax dthorne@btlaw.com

Technology and Telecommunication Cases

Uniform Commercial Code

Joel H. Levitin Dechert LLP 30 Rockefeller Plz. New York, NY 10112-2200 (212) 698-3558 (212) 698-3599 fax joel.levitin@dechert.com William K. Snyder Corporate Revitalization Partners, LLC 13355 Noel Rd., Suite 1825 Dallas, TX 75240-6835 (972) 702-7333 (972) 702-7334 fax wsnyder@crpllc.net Unsecured Trade Creditors Douglas G. Fox Bosch Rexroth Corporation 2315 City Line Rd. Bethlehem, PA 18017-2131 (610) 694-8250 (610) 954-8631 fax doug.fox@boschrexroth-us.com Bruce S. Nathan Lowenstein Sandler PC 1251 Avenue of the Americas New York, NY 10020-5430 (212) 262-6700 (973) 422-6851 fax bnathan@lowenstein.com

Mark V. Bossi Thompson Coburn LLP One US Bank Plz., Suite 3200 St. Louis, MO 63101 (314) 552-6015 (314) 552-7015 fax mbossi@thompsoncoburn.com Brent R. Cohen Rothgerber Johnson & Lyons LLP 1200 17th St., Suite 3000 Denver, CO 80202-5855 (303) 628-9521 (303) 623-9222 fax bcohen@rothgerber.com Young and New Members Douglas E. Deutsch Chadbourne & Parke LLP 30 Rockefeller Plz. New York, NY 10112-0129 (212) 408-5169 (214) 541-5369 fax ddeutsch@chadbourne.com Nir Gabriely Brown Gibbons Lang & Co., LP 1111 Superior Ave., Suite 900 Cleveland, OH 44114-2527 (216) 241-2800 (216) 241-7417 fax ngabriely@bglco.com Brian L. Shaw Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, LLC 321 N. Clark St., Suite 800 Chicago, IL 60607 (312) 541-0151 (312) 980-3888 fax bshaw100@shawgussis.com

AMERICAN BANKRUPTCY INSTITUTE 44 Canal Center Plaza, Suite 404 Alexandria, VA 22314-1592 (703) 739-0800 â&#x20AC;˘ fax (703) 739-1060 E-mail: info@abiworld.org www.abiworld.org

2005 Partners