Post PPP Stimulus

When the Money Train Ends - Deals and Steals Post PPP Stimulus
1.0 CLE anticipated / 1.2 CPE credits / 1.2 CEUs available
Tuesday, February 23, 1:30 p.m. - 2:30 p.m. CST

Millions of small businesses have gotten federal aid to help weather the recession caused by COVID-19. Despite that relief, many aren’t expected to survive. What happens if the borrower can’t repay the loan and defaults? Will they be forced into closing their doors? Which companies will benefit and which will be at a disadvantage? Find out during this session.

Moderator:
Leah Gistenson, Virtas Partners

Speakers:
Michael Brodsky, Deloitte 
Erich Durlacher, Burr & Forman LLP
Thomas J. Salerno, Stinson, LLP
Elizabeth (Lisa) VandesteegLevenfeld Pearlstein


About the Speakers:



Michael BrodskyDeloitte
Mr. Brodsky has over twenty-five years’ experience providing forensic accounting, investigative, dispute resolution, auditing and regulatory/operational compliance consulting services.  He has extensive experience in performing investigative, forensic, remediation and compliance projects working with financial services clients throughout the world. 

Mike also has participated in investigative, remedial and operational/compliance projects as well as regulatory investigations involving revenue recognition, financial statement reporting and disclosure fraud, mortgage backed securities, Ponzi schemes, asset misappropriations involving money transfers and wire fraud, and potential violations of the Foreign Corrupt Practices Act (FCPA) and other global anti-bribery and corruption laws. 

He is one of the leaders of Deloitte Advisory’s New England forensic accounting, investigations and disputes practice and he is also the co-leader of Deloitte’s fraud risk management and anti-fraud programs and controls offerings. 

Mike is a summa cum laude graduate of Northeastern University with a Bachelor of Science in Business Administration, with concentrations in accounting and finance.



Erich Durlacher,  Burr & Forman LLP
Erich has extensive experience representing companies, financial institutions, and other capital sources in debt restructurings, workouts, and forbearance agreements; the prosecution of receivership and other judicial actions to protect, preserve, and recover collateral; and Chapter 11 bankruptcy cases.  Erich routinely represents the Chapter 11 asset purchasers in negotiating and structuring all stages of a 363 sale transaction from LOI through closing.

Erich also represents clients in the resolution of complex commercial issues, the restructuring of performing and distressed credit facilities and swap agreements, and the maximization of debt and collateral recovery. Erich also advises financial institutions on structuring intercreditor agreements.

Erich is a member of the Firm’s Electronic Transactions Group. He advises secured lenders, financial institutions, and other businesses in the structuring, interpretation, and enforcement of electronic contracts, smart contracts and related digital assets and rights.

Erich is also a member of the firm’s COVID-19 response team, with a focus on advising lenders, borrowers, and investors on the Paycheck Protection Program.




Thomas J. SalernoStinson, LLP
Thomas J. Salerno is a partner in the Restructuring group at Stinson LLP. A graduate of Notre Dame Law School, Mr. Salerno has represented parties in insolvency proceedings in 30 states and five countries. He has been involved in restructurings in the United States, the United Kingdom, Germany, France, Switzerland and the Czech and Slovak Republics. In addition, Mr. Salerno taught Comparative International Insolvency at the University of Salzburg and Gray's Inn School of Law in London, and is an adjunct professor at the Sandra Day O'Connor School of Law at Arizona State University, teaching Bankruptcy Litigation and Advanced Chapter 11 Bankruptcy. In addition, he is a regular guest lecturer at the Eller MBA Program for the University of Arizona.

Mr. Salerno has extensive experience representing distressed companies, acquirers and creditors in financial restructurings and bankruptcy proceedings, pre- and post-bankruptcy workouts, and corporate recapitalizations. He has represented clients in diverse industries such as casinos, resort hotels, sports teams, real estate, high-tech manufacturing, electricity generation, agribusiness, construction, healthcare, airlines and franchised fast-food operations. Mr. Salerno has also served as an expert witness on U.S. insolvency law in litigation in Germany. Mr. Salerno represented Coyote Hockey LLC, owners of the Phoenix Coyotes of the National Hockey League (NHL), in historic bankruptcy proceedings that resulted in an unprecedented solution: the NHL purchasing one of its own teams for the first time in the league’s 90-year history.




Elizabeth (Lisa) VandesteegLevenfeld Pearlstein
Lisa Vandesteeg is a partner in the Financial Services and Restructuring Group at Levenfeld Pearlstein LLC. She concentrates her practice in the areas of bankruptcy, commercial litigation, business disputes, and privacy and data security issues. Lisa is both an associate and contributing editor for the American Bankruptcy Institute’s monthly Journal publication for the last several years. And she was a member of the ABI’s inaugural class of “40 Under 40.” She is also very active with the Chicago Network of IWIRC (International Women’s Insolvency & Restructuring Confederation).

In addition to her litigation and bankruptcy expertise, Lisa is a Certified Information Privacy Professional for the U.S. Private Sector, as qualified by the International Association of Privacy Professionals, which is the world’s largest information privacy organization. She assists clients with developing and implementing information security programs that are reasonable and appropriate for their specific business needs and risks and advises clients on various cybersecurity compliance and regulatory issues.

ConferenceAgenda

Below is a brief overview of the 2021 TMA Distressed Investing conference.

Agenda subject to change. 
*for those with VIP add-on only

Tuesday, February 23, 2021
(all times listed in CST)
 
8:00 a.m. - 8:30 a.m.  Morning IMPACT: Walking Meditation  
8:00 a.m. - 10:00 a.m.  VIP Virtual Lounge* 
8:30 a.m. - 9:15 a.m.  Innovation Orientation 
9:15 a.m. - 10:00 a.m.  TMA Connect Live: Tech Tips for Virtual Meetings & Social Media 
9:15 a.m. - 10:00 a.m.  TMA Connect Live: Pro Bono Support in the Post Pandemic World
10:00 a.m. - 10:45 a.m.  Mega Trends 4.0: A Fan Favorite Back By Popular Demand sponsored by Gordon Brothers
10:45 a.m. - 11:15 a.m. Live Innovation Lab 
11:00 a.m. - 11:30 a.m.  TMA Connect Live: TMA Awards Winners Circle 
11:00 a.m. - 11:30 a.m.  TMA Connect Live: Disruption – Is the Game Stop Game Just Getting Started?
11:30 a.m. - 12:00 p.m.  TMA Connect Live: Retail 
11:30 a.m. - 12:00 p.m.  TMA Connect Live: Innovation 3x5 
12:00 p.m. - 12:45 p.m.  General Session: Tell All Secrets: Behind the Scenes at a Workout Group Near You
12:45 p.m. - 1:15 p.m. Live Innovation Lab 
1:00 p.m. - 1:30 p.m.  TMA Connect Live: Commercial Real Estate 
1:00 p.m. - 1:30 p.m.  TMA Connect Live: Distressed Investors Tell All
1:30 p.m. - 2:30 p.m.  Breakout Session: When the Money Train Ends - Deals and Steals Post PPP Stimulus
1:30 p.m. - 2:30 p.m.  Breakout Session: Navigating the Uncharted Waters of Commercial Real Estate - Deals or Doom? Sponsored by Getzler Henrich & Associates LLC
2:30 p.m. - 3:15 p.m.  Keynote Jesssica O. Matthews sponsored by Arch + Beam
3:15 p.m. - 3:45 p.m. VIP Live Q&A*
3:45 p.m. - 4:30 p.m. TMA NextGen Power Hour: Icebreaker Challenge 
4:45 p.m. - 5:30 p.m.  TMA Connect Live: Diversity in Dealmaking 
5:30 p.m. - 6:00 p.m.  TMA Tomorrow, Tonight! An Opening Celebration
Wednesday, February 24, 2021
(all times listed in CST)
 
8:00 a.m. - 9:00 a.m.  Morning IMPACT Activity 
8:00 a.m. - 9:00 a.m.  VIP Virtual Lounge* 
8:30 a.m. - 9:00 a.m.  TMA Connect Live: Resolutions and Self-Care
9:00 a.m. - 9:45 a.m.  General Session: It's a Small World - An International View of Global Dealmaking sponsored by McDermott Will & Emery LLP
9:45 a.m. - 10:15 a.m. Live Innovation Lab 
10:15 a.m.  - 10:45 a.m.  TMA Connect Live: Subchapter V
10:30 a.m. - 11:00 a.m.  TMA Connect Live: TMA Connect Live: A Global Economy in Flux
11:00 a.m. - 12:00 p.m.  Breakout Session: Chapter 11 and Subchapter V - A means to a (Dealmaking) End or Just the End? sponsored by Bernstein Shur 
11:00 a.m. - 12:00 p.m.  Breakout Session: The Never-ending Retail Apocalypse - What’s Next? sponsored by StrasGlobal
12:00 p.m. - 12:45 p.m.  Keynote Ron Insana sponsored by Saul Ewing Arnstein & Lehr LLP
12:45 p.m. - 1:15 p.m.  VIP Live Q&A*
1:15 p.m. - 2:00 p.m.  TMA NOW Power Hour: Women Who Innovate 
2:00 p.m. - 2:45 p.m.  General Session: TMA Better Together Live
3:15 p.m. - 4:00 p.m.  TMA Connect Live: CRO War Room sponsored by Ravinia Capital
3:15 p.m. - 4:00 p.m. TMA Connect Live: Chapter Presidents Meet Up (invite only)
4:00 p.m. - 4:30 p.m.  TMA Connect Live: How to Read a Networking Room with Heather Morgan
4:00 p.m. - 4:30 p.m.  TMA Connect Live: Pets of TMA
4:30 p.m. - 5:30 p.m.  All in for INNOVATION: Casino Night
5:30 p.m. - 6:00 p.m.  TMA Connect Live: Side Hustle Share
Thursday, February 25, 2021
(all times listed in CST)
 
8:00 a.m. - 9:00 a.m.  VIP Virtual Lounge*
8:30 a.m. - 9:00 a.m. Morning IMPACT Activity 
9:00 a.m. - 9:15 a.m.  Global Capital Forum Welcome sponsored by Crystal Financial and SSG Capital Advisors 
9:15 a.m. - 10:00 a.m. General Session: Distressed Investors sponsored by Getzler Henrich & Associates LLC
10:00 a.m. - 10:30 a.m. Live Innovation Lab
10:30 a.m. - 11:15 a.m. TMA Connect Live: Negotiating as an Art Form with Elayne Greenberg
11:15 a.m. 12:00 p.m.  TMA Connect Live: Crisis Management with Lt. Col. Robert J. Darling, USMC (RET)
12:00 p.m. - 2:00 p.m.  Global Capital Forum - Curated Connections sponsored by Crystal Financial and SSG Capital Advisors 
12:15 p.m. - 1:00 p.m. TMA Connect Live: Healthcare 
12:15 p.m. - 1:00 p.m.  TMA Connect Live: Hospitality
1:45 p.m. - 2:15 p.m. TMA Connect Live: #TMADIC 2021 Committee
1:45 p.m. - 2:15 p.m.  TMA Connect Live: Podcasts, Books & Apps
2:00 p.m. - 4:00 p.m.  Global Capital Forum 1:1 with Exhibitors and Scheduled Appointments sponsored by Crystal Financial and SSG Capital Advisors 
2:30 p.m. - 3:30 p.m.  Global Capital Forum Meet Up sponsored by Crystal Financial and SSG Capital Advisors 
3:45 p.m. - 4:45 p.m.  Closing Reception 
5:00 p.m. - 6:00 p.m.  Chair's Reception (invite only)