INSOL San Francisco. INSOL International Annual Regional Conference. 22nd 24th March 2015 San Francisco, USA. Sponsored by:

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1 INSOL San Francisco INSOL International Annual Regional Conference 22nd 24th March 2015 San Francisco, USA Sponsored by:

2 Conference Chairs Welcome INSOL is delighted to be holding its 2015 Annual Americas Conference in one of the most beautiful cities in the World - San Francisco, USA. The conference will bring together INSOL members from across the globe in order to meet, discuss and learn in the company of other prominent members within the profession. In a period when the pace of change continues to accelerate within the increasingly global world of restructuring and insolvency practice, there can be no better way to remain well-informed about current thinking, developments and opportunities than through interaction with your peers and other experts from across the sector. Breakouts, plenary sessions and informal discussions will cover a wide range of up to the minute educational issues. We are confident that INSOL San Francisco will exceed all expectations, not only through the quality of its international educational program but also in our choice of venue. Our conference hotel The Fairmont on Nob Hill is a key point on the transport system enabling you to get around San Francisco easily using the cable car system. You can hop on a cable car to Fisherman s Wharf where there are many superb restaurants and you can get the boat over to Alcatraz. We do advise you to book your tickets to Alcatraz in advance as this is a popular tourist attraction. Another must see is the iconic Golden Gate Bridge! There are many museums and great distinct districts of San Francisco to visit. For those of you who are lovers of fine wine take time to drive out to Napa Valley and Sonoma and take a tour of some of our great vineyards. Drive the Big Sur and enjoy the spectacular views along the coast and visit Randolph Hearst s Castle - San Simeon, another great venue to experience. So make sure you have a few days extra to enjoy this beautiful venue and its surrounding countryside. Delegate places are limited, so book now to reserve your place and hotel accommodation. We would like to thank our main sponsors BMC Group, Borelli Walsh, Hilco Global and Skadden, Arps, Slate, Meagher & Flom LLP for supporting the conference. We look forward to welcoming you to San Francisco. Michael Reilly Bingham McCutchen LLP Conference Co-Chair Jay Goffman Skadden, Arps, Slate, Meagher & Flom LLP Conference Co-Chair Contents Sponsors and INSOL International Group of Thirty-Six 2 Ancillary Meeting Program 3 Conference Educational Program 4-8 Registration Information 9 Registration Form INSOL App 12 Continuing Professional Education and Committees 13 General Information Including Hotel Reservations 14 Member Associations 15 Conference Registrations Conference Manager Hotel Bookings Heather Callow Tina McGorman Global Reservations INSOL International INSOL International The Fairmont San Francisco 6-7 Queen Street 6-7 Queen Street 950 Mason Street London, EC4N 1SP London, EC4N 1SP San Francisco UK UK California, United States Tel: +44 (0) Tel: +44 (0) Toll Free: +1 (800) Fax: +44 (0) Fax: +44 (0) Tel: +1 (415) Fax: +1 (415) heather@insol.ision.co.uk tina@insol.ision.co.uk SAF.Reservations@Fairmont.com 1

3 Sponsors INSOL International would like to thank the following sponsors for their generous support of INSOL San Francisco. Main Sponsors: Welcome Reception and Dinner Sponsor: Gala Reception and Dinner Sponsor: Breakfast Sponsors: INSOL App Sponsor: MADISON PACIFIC TRUST Coffee Break Sponsor: Corporate Sponsor: Lunch Sponsors: Sponsorship opportunities are available for this conference. Please contact for more details. The Group of Thirty-Six features some of the most prominent and influential firms within the insolvency and turnaround profession. The aim of the Group of Thirty-Six is to work with INSOL to develop best practice guidelines and develop legislation to enhance the ability of practitioners globally to save businesses throughout the world. AlixPartners LLP Allen & Overy LLP Alvarez & Marsal LLC Baker & McKenzie LLP BDO LLP Begbies Traynor Bingham McCutchen LLP Cadwalader Wickersham & Taft LLP Chadbourne & Parke LLP Clayton Utz Cleary Gottlieb Steen & Hamilton LLP Clifford Chance Davis Polk & Wardwell LLP De Brauw Blackstone Westbroek Deloitte LLP DLA Piper EY Ferrier Hodgson Freshfields Bruckhaus Deringer Goodmans LLP Grant Thornton Greenberg Traurig LLP Hogan Lovells Huron Consulting Group Jones Day Kaye Scholer LLP Kirkland & Ellis LLP KPMG LLP Linklaters LLP Norton Rose Fulbright Pepper Hamilton LLP PPB Advisory PwC Rajah & Tann LLP RBS RSM Shearman & Sterling LLP Skadden, Arps, Slate, Meagher & Flom LLP Weil, Gotshal & Manges LLP White & Case LLP Zolfo Cooper LLP 2

4 Ancillary Meeting Program The ancillary programs are scheduled to take place on Saturday 21 March and Sunday 22 March The ancillary meetings are not included in the conference registration fee. Each meeting is individually priced. The ancillary programs may be subject to change. INSOL Academics Colloquium Saturday 21 March and Sunday 22 March am 9.00am Delegate Registration and Continental Breakfast 9.00am 5.00pm Open meeting The INSOL Academics Group and the Colloquium is chaired by Professor Ian Fletcher, of University College London. The Colloquium is open to observers/practitioners who would like to register to attend. The Group is highly interactive and will discuss and debate the individual papers presented by some of the world s leading professors. This gives delegates an opportunity to hear the latest cutting edge theories from the academic world. A detailed program will be made available on the INSOL website. You can take a look at the papers presented at INSOL Hong Kong on our website to get an insight into the specialist subject areas that are discussed. If you are interested in taking part in this program please get in touch with Tina McGorman at tina@insol.ision.co.uk Eleventh INSOL/UNCITRAL/World Bank Judicial Colloquium Saturday 21 March and Sunday 22 March am 9.00am Delegate Registration and Continental Breakfast 9.00am 5.00pm Closed meeting Since 1995, INSOL International and UNCITRAL have jointly sponsored a series of unique and important international Judicial Colloquiums. This is the fifth time The World Bank has joined with INSOL International and UNCITRAL to present the Eleventh Joint Multinational Judicial Colloquium on Insolvency. These Colloquiums have brought together judges, regulators and judicial officials from around the world to consider a wide range of insolvency-related issues. These issues have included judicial co-operation in cases of cross-border insolvency, access to courts by insolvency practitioners and recognition of insolvency administrations by foreign courts. The Eleventh Joint Multinational Colloquium has an extremely important agenda. With the growth of crossborder trade, the number of insolvency cases where there are assets in more than one jurisdiction, or where there are cross-border groups will inevitably increase. The Colloquium will assist participants to understand the developments in the handling of such cases. It will compare the judicial and juridical practice in dealing with practical and theoretical issues arising in cross-border insolvency cases in a number of jurisdictions representing all major legal systems. The Colloquium is a closed meeting, open only to Judges, civil servants from relevant Ministries and judicial administrators. For further information please contact Penny Robertson at pennyr@insol.ision.co.uk INSOL Fellowship Reception Saturday 21 March pm 8.30pm By invitation only. Small Practice Issues Meeting 4.00pm 5.30pm, Sunday 22 March 2015 The INSOL International Small Practice Committee under the chairmanship of Hans Klopper annually holds an open meeting for small practitioners attending the conference on Sunday 22 March at 4.00pm-5.30pm in order that everyone can meet prior to the start of the conference to facilitate networking. If you would like to attend the open committee meeting please let us know and an agenda for the meeting will be sent to you. A dinner is being arranged on Monday 23 March which is the free evening for any small practitioner and their accompanying person to attend. There is an additional cost to attend this dinner and you would need to register to attend when you register for the conference. The intent of the committee: The committee will canvas the views of small practitioners to establish how the association can answer their needs. It will consider matters of particular concern to small practices in different jurisdictions It will carry out research into the areas of concern and establish how the problems are handled in different jurisdictions It will make available the results of such research to the members of INSOL International. 3

5 Conference Educational Program Main Sponsors: Sunday 22 March pm 8.00pm Delegate Registration 7.00pm 10.00pm Welcome Reception & Dinner Sponsored by BDO LLP For delegates and registered accompanying persons Monday 23 March am 4.00pm Delegate Registration 7.45am 8.45am Welcome Continental Breakfast Restructuring transactions involving the Regulator: How to get the deal done when the government is involved Breakfast Panel Sponsored by American Bankruptcy Institute 9.00am 9.30am Conference Welcome & Opening Remarks 9.30am 10.30am Keynote Speaker Plenary Session 10.30am 10.45am 10.45am 11.15am 11.15am 12.15pm Delegate Discussion Networking Coffee Break Sponsored by RSM Breakout Sessions A1 Detroit, Stockton and US municipal bankruptcies Who ever would have thought that a major American city could file for bankruptcy? This exclusive interview will examine issues of municipal bankruptcy with Kevyn Orr, the [former] Emergency Manager of the City of Detroit. What effect have Detroit, Stockton and other Chapter 9 bankruptcies had on cities struggling with debt? How are these cases likely to impact the municipal bond markets and the role of bond insurers? What is the future of municipal pensions? How are residents, employees and other creditors affected? Practitioners will gain unique insights into these and other municipal bankruptcy topics. A2 Tell me a secret: investigations and information exchange in cross-border insolvencies Show me the money! In a world where knowledge is power, information is liberating, and money moves across borders at the press of a button, this panel will discuss how to find assets and identify claims before assets disappear. How can we find hidden treasures and evasive debtors? How can we penetrate offshore financial centres? And are secrecy havens still secret? How can we maximise returns to creditors in a cost-efficient manner? The panel will identify practical tools for investigation and technical tactics for following assets around the globe. They will look at tools for conducting the archaeological dig through the remains of insolvent cross-border companies. In an interactive session, the speakers will discuss the frustrations and successes of cross-border insolvencies. Come with us on a journey down the information superhighway. 4

6 Main Sponsors: A3 Intellectual property - ownership, licenses, enforcement and sales In recent years, as the high-tech markets have grown and companies in distress have looked for innovative ways to realise value from their intangible assets, new opportunities have opened up for the purchase and licensing of intellectual property in connection with creditor protection proceedings. Around the world, differing insolvency laws create unique opportunities for debtors to sell and protect their own intellectual property and, possibly, to shed unwanted IP licenses they entered into in better times. It is important for practitioners to understand the potential consequences of an insolvency proceeding on the rights of owners, licensors and licensees of intellectual property. The panelists in this session will compare and contrast the differing treatment of intellectual property, particularly trademarks and patents, in various countries and the competing policies that guide these distinctions. In addition, the session will focus on opportunities for preserving and realising value from the sale or retention of intellectual property by a company that is reorganising or disposing of its businesses pm 12.30pm 12.30pm 2.00pm Delegate Discussion Networking Lunch Sponsored by hww wienberg wilhelm 2.00pm 3.00pm Breakout Sessions B1 Tax havens: the future of transparency in the offshore banking and incorporation sectors Offshore financial centres are very much in the news these days, but not always favourably. Both the press and the public consistently conflate the issues surrounding offshore financial centres by labeling all offshore financial centres as tax havens, a term with negative connotations. A clear distinction needs to be made between the different types of offshore financial centres, as some are tax havens, notably the tax treaty jurisdictions and the secrecy jurisdictions, while others are not, such as the neutrality jurisdictions. Transparency is the objective of the neutrality jurisdictions, and it is not possible to have a proper debate without understanding these distinctions. Once this objective is understood, consideration needs to be given as to the best method to achieve transparency for the purposes of eliminating criminality, money laundering and tax evasion. Query whether FATCA as promulgated by the United States is the most effective method to achieve these objectives, or whether the FATF 40 Recommendations (as supported by the G20 and OECD) are the most effective method to achieve these objectives. Is it cost effective to have both methodologies? This session will explore these issues to allow the audience to reach their own conclusions. B2 The corporate group restructuring / insolvency, 2015 edition The 2015 corporate group is global. It may have headquarters in country A but its subsidiaries, even some of its divisions, are in jurisdictions B, C and D and even L, M and N. What happens when financial difficulties strike? Do the insolvency laws of all these different jurisdictions need to be factored into strategic thinking by those plotting a route to the financial sunny uplands for the group? Or is there a way to utilise just one set of laws and courts and hence avoid multi-jurisdictional complexity? Or is this thinking just a solution in search of a problem? In answering these questions, the panel will look at (a) the existing special cases substantive consolidation, piercing the corporate veil, multi-company consolidating schemes, (b) ways of making different laws and courts work better together co-ordination of courts and practitioners through the UNCITRAL Model Law provisions and best practice guidelines, the EC Regulation requirements and the potential new EU provisions for Group Co-ordinators, 5

7 Main Sponsors: 3.00pm 3.15pm Delegate Discussion (c) searches for a global solution UNCITRAL and EU thinking or just using the perceived might of Chapter 11, and finally (d) whether there is actually a real problem which requires to be solved. The panel will reach conclusions helped by drawing on experiences from global collapses such as Federal-Mogul/T&N, MG Rover, Lehman, Nortel and many more. B3 The independent director: private portfolio and public companies With increasing regularity, independent directors have been called upon to provide comfort in the context of corporate actions, especially transactions among affiliate portfolio companies. Similarly, when a company is troubled by financial problems, it often falls to the independent director to assess whether protection through an insolvency proceeding is appropriate and in the best interests of shareholders and creditors. An independent director can also be called upon to make decisions for a company on inter company claims when other members of the board sit on multiple affiliate boards. This session explores the differences in the roles between those traditionally discharged by an independent director in public companies and those arising in entities controlled by private equity or hedge funds that comprise a group of portfolio companies. 3.15pm 3.45pm Networking Coffee Break Sponsored by RSM 3.45pm 4.45pm Breakout Sessions C1 - The downfall of the Batista Empire The meteoric rise of Brazilian natural resources, and logistics magnate Eike Batista and his X empire in the last decade was only matched by its catastrophic bust in 2013, after overly optimistic oil production estimates failed to materialise that led to the collapse of oil exploration and extraction giant OGX, the group s centrepiece. As complex financing structures involving assets, companies and investors in multiple jurisdictions unravelled, the stage was set for a battle between local banks, government development agencies, international bond investors and public equity holders for the remains of the once high flying X empire, all the while putting Brazilian bankruptcy courts and law to its greatest test ever. Using the downfall of the Batista Empire as a backdrop, the speakers will focus on issues facing creditors and professionals in large bankruptcy proceedings in Brazil. Key aspects of the Brazilian bankruptcy law, the role of the courts, the conflicts between local and foreign creditors and the political and social forces that influence the process will be part of the discussion in this interactive session. The speakers will also discuss the challenges in structuring bankruptcy remote financing using offshore financing companies and how these structures played out in practice. C2 Insolvency law reform in the EU hello Chapter 11 or goodbye NY and London? Cross-border restructurings in which companies forum shop to benefit from more favourable insolvency laws abroad have become common place in Europe. This has created international competition between insolvency regimes within Europe and urged European legislators to revamp their insolvency laws in order to offer a more attractive restructuring environment. Several Member States have recently reformed or are currently undertaking reviews of their national insolvency laws. On 12 March 2014 the European Commission published recommendations on a new approach to business failure and insolvency, further prompting Member States to reform their national insolvency rules. On the other side of the Atlantic Chapter 11 of the US Bankruptcy Code is currently also under review. Are legislators in Europe modelling reform on an outdated US system that the US itself is moving away from? Together with the participants the speakers will try to identify the key elements that any modern restructuring law should feature. 6

8 Main Sponsors: 4.45pm 5.00pm Delegate Discussion C3 The cultural imperative the tension between cultural diversity and legal universalism Cultural mores underlie each country's legal system. In the insolvency world, the personal and collective values and customs in a country foreign to you can greatly affect the outcome of a restructuring deal or court process. Join our distinguished panel from different continents as they discuss how cultural differences affect distressed deals in their country or region. Some highlights will be how cultural mores impact on a number of critical aspects of insolvencies, such as director risks and duties; eligibility for insolvency proceedings; level of court involvement; creditor voice in proceedings; social costs; shareholder rights; and more. Join us for a lively and educational session examining how our cultural differences affect our professional experiences. 5.00pm Conference Close Tuesday 24 March 2015 Free Evening 8.40am 9.40am Welcome Continental Breakfast Sponsored by DLA Piper 9.40am 9.45am Welcome Back 9.45am 10.45am Never again: bank resolution without bankrupting the customers or the country In 2007 the era of apparently unlimited liquidity jammed up, heralding a bank liquidity crisis followed by a full-blown solvency crisis across the financial world. In some countries with disproportionately large banking sectors this mushroomed into a sovereign debt crisis. The consequences are still with us today in abnormal measures such as QE and near-zero interest rates. The cry from around the globe was Never again! shortly followed by And if it happens again, then not with our money! By common consent there is no appetite around the world for taxpayers money to be spent bailing out banks therefore techniques have evolved to redefine how failed or failing financial institutions are dealt with. Dramatic new powers (the latest being bail-in) have been invested in central banks, which fundamentally change all previous conceptions of insolvency and property. The speakers from around the world will examine these changes. They will deal with the practical aspects of resolution (where there is a necessarily high degree of similarity around the world) and the wider political and social implications am 11.00am 11.00am 11.30am 11.30am 12.30pm Delegate Discussion Networking Coffee Break Sponsored by RSM All this and more: the hedge fund as buyer, seller, financier, owner and activist The financial crisis resulted in dramatic changes to the restructuring landscape. Commercial banks have receded from their traditional role as providers of debt capital and they've pared their loan portfolios to reduce pressure on their capital requirements. The sovereign debt markets have been roiled with the prospect of looming defaults. This altered landscape has provided fertile territory for hedge funds that, in response, have greatly expanded their roles in distressed situations. Funds have eclipsed banks as original debt holders, debtor-in-possession financing providers, and exit financiers. Funds now constitute controlling equity. They hold significant blocks of sovereign debt. Indeed, funds have populated all levels of the capital structure to the extent that they are in competition with other hedge funds to achieve dominant positions in a restructuring. This session addresses the evolution of the roles of funds in the current environment and looks ahead to what might be next. 7 6

9 Main Sponsors: 12.30pm 12.45pm 12.45pm 2.00pm Delegate Discussion Networking Lunch Sponsored by South Square 2.00pm 3.00pm Hot topics in the realm of corporate reorganisation Techniques and strategies in corporate restructurings are constantly evolving. This expert panel will discuss the latest cutting edge developments in the restructuring world and will bring the delegates up to date on all of the latest restructuring innovations. With representatives from Asia, Australia, Europe and the US, the panel will explore how these strategies have been employed in all of the major jurisdictions. In this interactive session the speakers will discuss both in and out of court restructurings, and will focus on the most recent significant decisions rendered by the leading courts world-wide that will influence the direction of corporate restructurings. The panel will delve into these decisions and offer insights on how to incorporate these rulings in the delegates day-to-day restructuring practices. 3.00pm 3.15pm Delegate Discussion 3.15pm 3.45pm Networking Coffee Break Sponsored by RSM 3.45pm 4.45pm Nationalism never dies: universalism, treaties and comity The objective of the session is to examine recent case law from various jurisdictions and regions to determine if trends are emerging. In doing so, the session will examine the various cases to determine if isolated facts and circumstances of a particular case drive the outcome, or whether the cases fit into a more defined policy or goal of a jurisdiction. An eminent panel of judges will explore the impact of any trends or policies that are identified. 4.45pm 5.00pm Delegate Discussion 5.00pm 5.15pm Close of Conference 6.30pm 9.30pm Gala Dinner Sponsored by AlixPartners LLP For delegates and registered accompanying persons The Educational Program may be subject to change. 8

10 Registration Information Payment: Conference payments by cheque can be made in Pounds Sterling ( ) and made payable to: INSOL International Limited. Payment should be sent together with your registration form to INSOL International, 6-7 Queen Street, London EC4N 1SP. Payment can be made by personal or company cheque. Please ensure that the name of the delegate and/or accompanying guest and company is written clearly on the back of all cheques, which accompany the registration form. Cheques must be made payable to INSOL International Limited for the Conference fee. If you wish to pay by credit card we accept Visa, Mastercard and American Express. All payments debited from your credit card will be in Pounds Sterling ( ). Cardholders will be charged by their credit card companies in their local currency. INSOL International is not responsible for any losses or gains in the fee due to currency changes. Credit Card Surcharge Fee: Delegates paying with MasterCard/Visa/American Express will be charged a 2% surcharge to cover the credit card transaction fee. The additional charge will be added to your final invoice. Debit cards do not incur any additional surcharges. Disclaimer: INSOL International (INSOL) cannot accept any liability for any loss, cost or expense suffered or incurred by any person if such loss is caused or results from the act, default or omission of any person other than an employee or agent of INSOL International. In particular INSOL cannot accept any liability for losses arising from the provision of services provided by hotel companies or transport operators. Nor can INSOL accept liability for losses suffered by reason of war, including threat of war, riots, and civil strife, terrorist activity, natural disaster, weather, fire, flood, drought, technical mechanical or electrical breakdown within any premises visited by delegates or their guests in connection with the Conference, industrial disputes, government action, regulations or technical problems which may affect the services provided in connection with the Conference. INSOL is not able to give any warranty that any person will appear as a speaker or panellist. English Law shall govern the contract between delegates, accompanying persons and INSOL International and any disputes shall be the exclusive preserve of the English Courts. Copyright: Copyright in all software, papers and other material produced for the Conference will be vested in INSOL. Companies and their delegates may copy such material for their personal use, but further copying, and in particular copying for sale or any other commercial purpose is prohibited without prior permission. Travel & Health Insurance: INSOL International shall not be responsible for, and shall be exempt from, all liability in respect of any loss, damage, injury, accident, delay or inconvenience to any person during the Conference. It is the delegate and accompanying person s responsibility to be adequately insured in case of claims pertaining to travel/accidents and illness for the duration of your visit to USA. Cancellation of the Conference by the Organisers and Insurance: In the event that the Conference is cancelled by INSOL, or by any reason of any factor outside the control of INSOL, and cannot take place, the amount of the Registration fee shall be refunded. The liability of INSOL shall be limited to that refund, and INSOL shall not be liable for any other loss, cost or expense, howsoever caused, incurred or arising. In particular, INSOL shall not be liable to refund any travel costs incurred by delegates or their guests or their companies. It follows that delegates and their guests and their companies are advised to take out comprehensive insurance including travel insurance. Cancellations of Attendance by Delegates: All cancellations must be made in writing and sent to INSOL International, 6-7 Queen Street, London EC4N 1SP United Kingdom. The policy regarding the refund of registration fees is as follows: Cancellations received up to and including 21 February 2015 There will be a cancellation fee of 50 per delegate and/or accompanying guest, which will cover the production of delegate materials and administration expenses. Cancellations received after 21 February 2015 It is regretted that from this date, there will be no refund of registration fees received, and delegates will be liable for the total cost of any outstanding fees relating to the Conference. A substitute maybe put forward to fill your delegate s place. Confirmation of Cancellation: If no written confirmation of the cancellation is received within 24 hours please contact INSOL International and ensure the cancellation has been received. Hotel Bookings and Cancellations: All hotel bookings are the responsibility of the individual delegate to make and cancel directly with the hotel. Credit card guarantee is required at time of reservations. Hotel Cancellation Policy and No Show Policy: Cancellations made up to 48 hours prior to arrival will be accepted, and the deposit refunded for those rooms for the full night s stay. No Show Policy: one nights room rate plus tax. Conference Registration via the net: Registrations can also be made via the INSOL website at 9

11 INSOL San Francisco Conference Registration Form March 2015, Conference Venue: The Fairmont San Francisco, 950 Mason Street, San Francisco, California, USA Deadline for early registration fee: 15 December 2014 Closing Deadline: 21 February 2015 Cancellation Deadline: 21 February 2015 Please mail or fax this form to: Heather Callow INSOL San Francisco, INSOL International, 6-7 Queen Street, London EC4N 1SP Fax: or You can also register online at san-francisco-usa Note: This delegate registration form is valid for one delegate. Photocopies may be made for additional reservations. This registration form can only be accepted if accompanied by full payment, which can be made by cheque, or credit card. Title: First Name: Surname: Name as you wish it to appear on your badge: Firm Name: Address: Tel: Fax: Which governing body/state do you require approval for CPE/CLE credit: The delegate registration fee includes entry to the educational sessions on Monday 23 and Tuesday 24 March, Conference lunches on 23 and 24 March, the Welcome Reception & Dinner on Sunday 22 March and the Gala Dinner on Tuesday 24 March. It does not include entry to the Ancillary Programs. Accompanying Person Name as you wish it to appear on badge: The accompanying person registration fee includes entry to the Welcome Reception & Dinner on Sunday 22 March and the Gala Dinner on Tuesday 24 March. Accompanying Person is defined as a participant s spouse or other personal relation who does not have a business interest in the Conference. Registration Fees Before 15 December After 15 December Amount Payable INSOL Member Conference 1, , Non Member Conference 1, , Ancillary Meeting Fees Before 15 December After 15 December Amount Payable Academics Colloquium (Academic member) Academics Colloquium (non-academic) Judicial Colloquium The ancillary fee for the academics colloquium and the judicial colloquium does not include access to the main conference social functions. Social Function Fees Before 15 December After 15 December Amount Payable Accompanying Person Fee Small Practice Dinner Ticket per person Become a member of INSOL International and take advantage of all the member benefits including reduced conference fees. To apply for membership please contact Jelena Sisko jelena@insol.ision.co.uk Delegate name, firm and country will be listed on the delegate list. Photos & video may be taken during the conference for publication. Please bring your confirmation and photographic identification with you in order to collect your badge and conference papers. 10

12 Breakout Sessions Monday 23 March Please choose ONE session from each group am 12.30pm A1 q US Municipal Bankruptcies A2 q Tell Me a Secret A3 q Intellectual Property 2.00pm 3.15pm B1 q Offshore Banking B2 q Corporate Group Insolvency B3 q The Independent Director 3.45pm 5.00pm C1 q Batista Empire C2 q EU Insolvency Reform C3 q The Cultural Imperative Social Functions Conference Delegates and Registered Accompanying Persons Only Please tick the box to confirm attendance at the social functions Welcome Dinner on Sunday 22 March q Gala Dinner on Tuesday 24 March q Small Practice Open Meeting Please tick the box to confirm if you wish to attend the Small Practice Open Meeting to be held on Sunday 22 March at 4.00pm 5.30pm q Payment Summary If you wish to pay by cheque we can accept payment in Pounds Sterling. If you wish to pay by credit card please make the calculations and payment in Pounds Sterling. Cardholders will be charged by their credit card companies in their local currency. INSOL International is not responsible for any losses or gains in the fee due to currency changes. Delegate Fee: Accompanying Person s Fee: Ancillary Meeting Fee: Small Practice Meeting: Total: I enclose a cheque/draft to the order of Please debit my credit card details below for the order of American Express q MasterCard q Visa q Debit Card q Card Number: Expiry Date: Security No: Cardholder Name: Card Billing Address: (if different from address on previous page): Signature: Date: Credit Card Surcharge Fee: Delegates paying with MasterCard/Visa/American Express will be charged a 2% surcharge to cover the credit card transaction fee. The additional charge will be added to your final invoice. Debit cards do not incur any additional surcharges. Special Dietary Requirements If you have any dietary restrictions, please remember to identify yourself to the staff at each event. INSOL will try their best to accommodate any special dietary requests: Additional Requirements The San Francisco Fairmont is fully wheelchair accessible. If you require further information please contact us. Hotel: Please indicate for our records which hotel you will be staying at: Have you attended an INSOL Conference previously?: Yes q / No q New Attendee If you are a new attendee at an INSOL Conference would you like to join the President and INSOL Board of Directors at a reception prior to the Welcome Reception on Sunday 22 March at 6.30pm?: Yes q / No q 11

13 Sponsored by: MADISON PACIFIC TRUST INSOL App INSOL produced its first Conference App for INSOL 2013 which was met with great enthusiasm by the delegates. We further developed the App for INSOL Hong Kong and we are pleased to announce that we will showcase the latest version for INSOL San Francisco, kindly sponsored by Madison Pacific. The next version will include many new features for delegates. We are intending to cut down on the paperwork that you receive and there will be a new electronic interactive sponsorship section on the App. The assessment form will be linked to the App so you can record your views electronically, CV s will be able to be uploaded in the networking session and there will be more local information included. The App will be available at least three weeks prior to the conference so that you can download the materials and familiarise yourself with the App. This will also allow more time for delegates to upload their details to the networking site and arrange meetings with like-minded colleagues when they are in San Francisco. The App will be available FREE from the itunes Store, Google Play and all other popular App stores for your iphone, ipad or Android phone or tablet device. Search for INSOL International in your chosen store, or INSOL App on Google, in order to download the App to your device. For delegates attending INSOL San Francisco we will advise you of the App going live prior to the conference so that you can then download it before you travel. Sections on the App Itinerary The Educational Program will be available in this section and includes an outline to each session and CV s for each of the speakers. Delegates will be able to rate sessions and speakers and complete their assessment form as they go. The Itinerary will also link more seamlessly with the Final Folder section, allowing delegates to quickly view any additional papers or PowerPoints relevant to a specific session. The relevant programs for specific ancillary meetings will also be accessible to those delegates who have elected to attend them. Final Folder The Final Folder will contain all the information that can be found on the CD-ROM. It includes the A5 printed folder materials and any additional papers and PowerPoint s. It will include a G36 brochure giving details of the members of the Group of Thirty-Six. *NOTE* All documents will be provided as PDF s that can be viewed and navigated through the main content page. Alternatively, open documents in your preferred ereader such as Adobe Reader or Kindle for additional functionality. Networking You will be able to register your details, photograph, upload your CV in this section in order to view those of other delegates and communicate and network with like-minded members. Sponsorship The new sponsor section will include information about our sponsors services, link to their websites for more detail and enable you to arrange meetings with sponsor organisations during the conference. Updates Updates to the INSOL website will be publicised here. You will also receive a pop-up push notification informing you of any updates should you have elected to receive these. About Us Further information about the App and INSOL International Local Information & Venue Information This section will provide links to the Tourist Board and information with regard to your stay in San Francisco and allow you to navigate to various locations in and around San Francisco using your devices GPRS functionality. Information about the conference venue will also be provided, with floor plans of the building designating the locations of sessions and specific functions. *NEW* My Conference A newly developed section designed to give delegates convenient access to sessions of interest amongst other things. Delegates will be able to bookmark the sessions they have elected to attend and quickly jump to the session outline, speaker information and view any additional supplementary documentation with ease. Delegates will also be able to input and save notes across the App for later viewing. The assessment form is also available in this section for delegates to complete and submit at their leisure. Sessions and speakers can be rated here as well as through the Itinerary, and the completed form can be sent directly to INSOL from your device. 12

14 Continuing Professional Education For those delegates who are required by their professional associations to achieve minimum levels of continuing education, certificates of attendance will be available on request. The Law Society of England and Wales The Law Society of England and Wales has accredited this conference for 11 hours of CPE. The relevant form will be available on the Conference App, on our website and printed forms will be available. The reference number is BXZ/INSO. New York and many US states have adopted procedures to extend comity to jurisdictions whose CLE accreditation standards meet their standards. The Law Society of England and Wales is one of these approved jurisdictions. In addition accreditation is being sought from the State Bars of California, Florida and Illinois. Accreditation is being sought from the following: The Hong Kong Law Society Insolvency Practitioners Association of Singapore The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) has approved the conference for their Mandatory Professional Development Credits. Main Organising Committee Michael Reilly Bingham McCutchen LLP Conference Co-Chair Jay Goffman Skadden, Arps, Slate, Conference Co-Chair Meagher & Flom LLP James Bromley Cleary Gottlieb Steen & Hamilton LLP Educational Co-Chair Andrew Brozman Clifford Chance LLP Educational Co-Chair Allan Nackan Farber Financial Group Treasurer Fellow, INSOL International Julie Hertzberg Alvarez & Marsal Marketing & Sponsorship Educational Program Committee James Bromley Cleary Gottlieb Steen & Hamilton LLP Educational Co-Chair Andrew Brozman Clifford Chance LLP Educational Co-Chair Marcus Ayres PPB Advisory Judge Timothy Barnes US Bankruptcy Court for the Northern Fellow, INSOL International District of Illinois Alastair Beveridge Zolfo Cooper LLP Bill Courage BDO Canada Limited David Eaton Kirkland & Ellis LLP Guilherme Ferreira Jive Investments David Fournier Pepper Hamilton LLP Lucas Kortmann RESOR NV Fellow, INSOL International James Pomeroy PwC Fellow, INSOL International Veerle Roovers Jones Day Howard Seife Chadbourne & Parke LLP Jorge Sepulveda Bufete Garcia Jimeno S.C. Margot McInnis KRyS Global 13

15 General Information Conference Hotel The Fairmont San Francisco 950 Mason Street, San Francisco, California, United States Telephone: +(415) Fax: +(415) Sign up to become a Fairmont Presidents Club Member Membership in Fairmont President's Club allows you access to a host of exclusive benefits and privileges which include: The San Francisco hotel spa and health club, free of charge for Fairmont President's Club guests. Complimentary, in-room high-speed Internet access. Hotel Reservations Reservation Deadline: 21 February Reservations are subject to guestroom and rate availability. All hotel reservations are the responsibility of the individual delegate to make and cancel directly with the hotel. Credit card guarantee is required at the time of reservation Reservations must be made online at: Or by calling the Global Reservations Centre (U.S. & Canada Toll-Free) 1 (800) , or the (International Toll-Free): 00 (800) Please identify yourself as an INSOL International delegate for ease of booking. Room Rates: Room Type Main Building Main Building Suites Tower Building Tower Building Suites Single/Double Rate $259 + taxes $599 + taxes $289 + taxes $799 + taxes Taxes: % Hotel Tax 2.25% T.I.D. Tax Assessment Cancellations: Cancellations made up to 48 hours prior to arrival will be accepted, and the deposit refunded for those rooms for the full night s stay. No Show Policy: one nights room rate plus tax. Check-In: 1500 hrs Check-Out: 1200 hrs Every effort is made to accommodate guests arriving before the check-in time, however, rooms may not be immediately available. Delegates who wish to occupy their guestroom before 1500 hrs must reserve the guestroom for a night prior to the arrival date. Check-Out time is 12:00 noon. Requests to retain rooms beyond that hour should be directed to the Front Desk once the delegate is registered. Should it be possible to extend a late check-out, a late departure charge may be applicable. Climate: March, April and May are some of the most inviting months to visit San Francisco. Characteristically cloudless and mild, some of the warmest and driest days of the year occur in San Francisco s spring months. Time Zone: San Francisco is on Pacific Time. GMT + 8 hours. Tipping: Service is not included in restaurant checks. The average tip is 15-18% of the total check. Electricity: Local voltage is 120 volts AC. Dress Code: Delegates are requested to wear smart casual clothes to the conference educational sessions. Speakers are requested to wear business attire. Social functions, Welcome Reception & Dinner smart casual, no jacket required, Gala Dinner jacket & tie required. Language: The official language is English. Joining Instructions: A confirmation of your booking will be sent to you on receipt of receiving your registration and payment. The joining instructions will be sent by on the 26 February INSOL App: The INSOL App will be available from 26 February Social Functions: Registered accompanying persons attending the social functions must be over the age of 21. Accompanying Person is defined as a participant s spouse, partner, or other personal relation who does not have a business interest in the Conference. Visa and Other Requirements: It is the delegates responsibility to ensure they have the correct travel documents to the USA. Delegates should check with their travel agents and/or local Embassy or Consulate for current Visa requirements. Photograph of the Golden Gate Bridge courtesy of vpimages 14

16 Member Associations American Bankruptcy Institute Asociación Argentina de Estudios Sobre la Insolvencia Asociacion Uruguaya de Asesores en Insolvencia y Reestructuraciones Empresariales Association of Business Recovery Professionals- R3 Association of Restructuring and Insolvency Experts Australian Restructuring, Insolvency and Turnaround Association Bankruptcy Law & Restructuring Research Centre, China University of Politics and Law Business Recovery and Insolvency Practitioners Association of Nigeria Business Recovery and Insolvency Practitioners Association of Sri Lanka Canadian Association of Insolvency and Restructuring Professionals Canadian Bar Association (Bankruptcy and Insolvency Section) Commercial Law League of America (Bankruptcy and Insolvency Section) Consiglio Nazionale Dei Dottori Commercialisti e Esperti Contabili Especialistas de Concursos Mercantiles de Mexico Finnish Insolvency Law Association Ghana Association of Restructuring and Insolvency Advisors Hong Kong Institute of Certified Public Accountants (Restructuring and Insolvency Faculty) Hungarian Association of Insolvency Practitioners INSOL Europe INSOL India INSOL New Zealand INSOLAD - Vereniging Insolventierecht Advocaten Insolvency Practitioners Association of Malaysia Insolvency Practitioners Association of Singapore Instituto Brasileiro de Estudos de Recuperação de Empresas Instituto Brasileiro de Gestão e Turnaround Instituto Iberoamericano de Derecho Concursal International Association of Insurance Receivers International Women s Insolvency and Restructuring Confederation Japanese Federation of Insolvency Professionals Law Council of Australia (Business Law Section) Malaysian Institute of Certified Public Accountants Nepalese Insolvency Practitioners Association Non-Commercial Partnership Self-Regulated Organisation of Arbitration Managers Mercury (NP SOAM Mercury) Recovery and Insolvency Specialists Association (BVI) Ltd Recovery and Insolvency Specialists Association (Cayman) Ltd REFor The Insolvency Practitioners Register of the National Council of Spanish Schools of Economics Russian Union of Self-Regulated Organizations of Arbitration Managers Society of Insolvency Practitioners of India South African Restructuring and Insolvency Practitioners Association The Association of the Bar of the City of New York Turnaround Management Association (INSOL Special Interest Group) International Association of Restructuring, Insolvency & Bankruptcy Professionals 6-7 Queen Street, London, EC4N 1SP Tel: +44 (0) Fax: +44 (0)