Asbestos bankruptcies are down in number, but the current cases present some great issues with significant ramifications for future cases. Accordingly, Perrin Conferences and Chicago will once again be the hosts for a June Asbestos Bankruptcy Conference. This year’s seminar is on Monday June 20 at the Peninsula on Michigan Avenue.
The conference agenda is here, and also is pasted below. The roster of speakers is strong, despite including me. To register, click here.
See you in Chicago on Monday, June 20 ?
Event Agenda
Continental Breakfast and Registration Opening Remarks
John D. Cooney, Esq.,
Cooney & Conway, Chicago, IL Michael K. Rozen, Esq., Feinberg Rozen, LLP, New York, NY National Update on Chapter 11 Asbestos Bankruptcy Proceedings New filings, confirmations and dismissals: overview of Quigley, W.R. Grace, G-I Holdings, Pittsburgh Corning, NARCO, Lloyd Mitchell, Plant and other bankruptcy cases
Leslie Davis, Esq.,
Crowell & Moring LLP, Washington, DC
Robert Goodman, Esq.,
Debevoise & Plimpton LLP, New York, NY
Kirk Hartley, Esq.,
Childress Duffy, Ltd., Chicago, IL Peter A. Kraus, Esq., Waters & Kraus, LLP, Dallas, TX Perry Weitz, Esq., Weitz & Luxenberg P.C., New York, NY
9:45 AM-
Using a 468B QSF to Facilitate a Settlement
Why would this help in negotiations?
Create a discount situation for the Defense in certain jurisdictions
Make lien resolution easier?
Medicare Compliance
Creation of the 468B QSF
–
Properly used 468B QSF finally makes structured settlements an option for claimants?
Allows the Plaintiff attorney to structure/defer their fees
Satisfaction of Medicare reimbursement obligation
Michael Angelides, Esq.,
Simmons Browder Gianaris Angelides & Barnerd LLC, Alton, IL B.J. Etscheid, Partner, Brook Hollow Financial, Chicago, IL Steven Hart, Esq., Segal McCambridge Singer & Mahoney, Ltd., Chicago, IL Jason Wolf, President, Garretson Resolution Group, Charlotte, NC
10:15 AM –
Sponsored by: Brook Hollow Financial
Break
10:30 AM –
Staking Your Claim: How to Successfully File an Asbestos Bankruptcy Trust Claim
Establishing the medical and exposure requirements needed for a valid trust claim – testimony, depositions, site matches, affidavits, and other forms of documentation
Knowing what your claim is worth under the trust distribution procedures
Expedited versus the individual review process – what criteria are needed to qualify for individual review
Contribution claims – can defendants really recover from indirect claims to the trusts?
Deborah Greenspan, Esq.,
Dickstein Shapiro LLP, Washington, DC Steve Baron, Esq., Baron & Budd, P.C., Dallas, TX
11:15 AM –
The Role of 524(g) Trust Discovery in Asbestos Tort, Coverage and Bankruptcy Cases
Update on past and ongoing cases requesting discovery of trust data
Relevancy of discovery of trust data for bankruptcy estimation purposes
Philip Bentley, Esq.,
Kramer Levin Naftalis & Frankel LLP, New York, NY
Natalie Ramsey, Esq.,
Montgomery, McCracken, Walker & Rhoads, LLP, Philadelphia, PA
12:00 PM-
Sponsored by: RecordTrak
Networking Lunch
1:00 PM –
Deciphering the Bankruptcy Code: Understanding Section 524(g) and the Bankruptcy Trust System
Stepping into the shoes of the reorganized debtor – the establishment of the trust system for current claims and future demands
How have bankruptcy courts interpreted 524(g) in moving cases from filing to confirmation?
The role of the futures claim representative in 524(g) cases
Voting rights under 524(g) for creditor classes
Trust distribution procedures (TDP)
Congressional intent: the history behind the enactment of 524(g)
Jacob Cohn, Esq.,
Cozen O’Connor, Philadelphia, PA Elihu Inselbuch, Esq., Caplin & Drysdale, New York, NY David Killalea, Esq., Gilbert LLP, Washington, DC
2:00 PM-
The Complications of MMSEA: The Plaintiffs’ and Defendants’ Perspective
What mandatory Insurer Reporting obligations exist in bankruptcy settings
Most effective (accurate and compatible) means of exchange
Kathy Burne, Esq.,
Cooney & Conway, Chicago, IL Victoria Vance, Esq., Tucker Ellis & West LLP, Cleveland, OH
Jason Wolf,
President, Garretson Resolution Group, Charlotte, NC
2:30 PM-
Break
2:45 PM-
Trial Courts & Bankruptcy Trusts
Rights of plaintiffs, defendants and insurers – the debate over whether trust exposure claim information should be mandated by state courts
MDL 875 – the new battleground over the bankruptcy trust issue
Offsets, contribution and other avenues to recovery
CMO’s and legislation – how are courts and legislatures currently coordinating trust payments with underlying tort cases? Are they?
Picking up the several shares: what are current solvent defendants and insurers doing to quantify trust recoveries and assign liability to the trusts?
Point/Counter-Point: understanding the bankruptcy rules and obligations regarding statute of limitations, deferrals and the timing of tort and trust claims
Overview of recent cases involving trust claims and discovery of trust claim forms
Moderator: John D. Cooney, Esq.,
Cooney & Conway, Chicago, IL
Charles Bates, Ph.D.,
Bates White, LLC, Washington, DC Nathan Horne, Esq., Segal McCambridge Singer & Mahoney, Ltd., Austin, TX James Stengel, Esq., Orrick Herrington & Sutcliffe, New York , NY Perry Weitz, Esq., Weitz & Luxenberg P.C., New York, NY
4:30 PM-
From the Bench: Judicial Roundtable on Bankruptcy Trusts
Moderators: John D. Cooney, Esq.,
Cooney & Conway, Chicago, IL Michael K. Rozen, Esq., Feinberg Rozen, LLP, New York, NY
Hon. Peggy L. Ableman
, Superior Court of Delaware, Wilmington, DE
Hon. Mark Davidson
, 11th Civil District Court of Texas, Harris County, TX
Hon. Judith K. Fitzgerald
, U.S. Bankruptcy Court for the Western District of Pennsylvania, Pittsburgh, PA
Hon. Rosemary Gambardella
, U.S. Bankruptcy Court for District of New Jersey, Trenton, NJ
5:30 PM-
Sponsored by: Cooney & Conway & Feinberg Rozen, LLP
Cocktail Reception
8:45 AM –
8:00 AM –
Overview of current trust assets and payments
Update on Garlock and Bondex – contested v non-contested bankruptcy cases
Emerging trends in asbestos bankruptcy law
8:30 AM –