Jenner & Block

“Financial Reform, Credit Bidding and Loss Recovery Strategies,” Litigation Department Spotlight Live Seminar Series Event, New York, NY

As part of its Litigation Department “Spotlight Live” event series, Jenner & Block will present a program titled “Financial Reform, Credit Bidding and Loss Recovery Strategies,” on February 24, 2011, at the Firm’s New York office.  Topics addressed will include the impact of financial reform legislation, next-generation strategies of credit bidding, and winning strategies to recover losses on auction-rate securities, derivatives and other investments.

Jenner & Block Partner Thomas C. Newkirk will lead a discussion titled “Financial Reform’s Impact: Key Questions You Should Ask.”  Mr. Newkirk is Co-Chair of the Firm’s Securities Litigation Practice, and a member of the Securities Practice.  In 2009 and 2010 he was recognized in Washington DC Super Lawyers for Securities Litigation, and named one of "Washington's Top Lawyers" by Washingtonian magazine.  In 2010, Mr. Newkirk was recognized by Chambers USA as one of the country’s leading lawyers in Securities/Regulation/Enforcement law. 

Partners Marc B. Hankin and Heather D. McArn will address “Credit Bidding: The Next Generation.”  Mr. Hankin is a member of the Firm's Bankruptcy, Workout and Corporate Reorganization Practice and a member of the Bankruptcy Litigation Practice.  He concentrates on representing debtors and creditors in complex Chapter 11 reorganizations, out-of-court financial restructurings and international insolvency cases.  He also represents investors and counterparties in litigation involving collateralized debt obligations (CDOs), interest rate swaps and credit default swaps.

Ms. McArn  is a member of the Bankruptcy, Workout and Corporate Reorganization and Bankruptcy Litigation Practices and the Real Estate Finance Litigation and Workout Task Force.  She concentrates on representing parties in Chapter 11 reorganizations and out-of-court financial restructurings and has represented debtors, secured and unsecured creditors, official and unofficial committees as well as purchasers of distressed assets.  She has also advised on securitization issues arising in complex financings.

Partners Stephen L. Ascher, Katya Jestin and Andrew Weissmann will speak on “Recovering Losses from the Economic Crisis.”  Mr. Ascher is a member of  the Firm’s Securities Litigation and Bankruptcy Litigation Practices.  His practice focuses on claims for and against financial institutions relating to securities, derivatives, and other financial transactions.  He also represents institutions and individuals in SEC enforcement work and white-collar criminal matters.  Since the beginning of the credit crisis, he has represented financial institutions in a wide variety of disputes arising out of that crisis. 

Ms. Jestin is a member of the White Collar Defense and Investigations Practice.  She represents companies and executives in connection with a wide variety of criminal, regulatory, and complex civil matters, including representation before the United States Department of Justice, FINRA, the SEC and state and local prosecutors’ offices and has recently represented investors in litigation involving Auction Rate Securities and Collateralized Debt Obligations. 

Mr. Weissmann is Co-Chair of the Firm’s White Collar Defense and Investigations Practice and is a nationally-recognized white collar litigator.  In 2009, in a complete victory for his client, he won the largest FINRA arbitration award in history arising from the failure of the auction rate security market.  That victory has been heralded in the press as particularly unusual in a forum that is viewed as both inhospitable to claimants and prone to “splitting the difference.”  

Mr. Ascher, Mr. Hankin, Ms. Jestin and Ms. McArn recently represented the court-appointed Examiner in the Lehman Brothers Holdings, Inc. bankruptcy matter.

The program, which is co-sponsored by Duff & Phelps, will also feature former SEC Chairman William Donaldson.

The event begins at 8:00 a.m. and ends at 10:00 a.m. and includes a complimentary continental breakfast. 

Please click here for a program brochure and registration information.