Going for Broke
Bankruptcy and Financial Reorganization Conference
By Wayne Whalen, Marketing Coordinator

There are many facets to bankruptcy besides the obvious personal impact on every part of a business, from employees to top-level management. Directors and corporate officers must deal with property, pension and tax issues.

The responsibility when an entity enters the insolvency zone is daunting. Restructuring and financing alternatives during troubled times and, most important, finding a lender, are serious matters.

The Foundation for Accounting Education’s upcoming 2004 Bankruptcy and Financial Reorganization Conference tackles all of these difficult questions.

The July 27 conference, at the Helmsley Hotel in New York City, will include speakers such as Joseph R. Ettore, former chairman and CEO of Ames Department Stores, who will discuss the business side of Chapter 11, with recommendations for improving inequities in the process and how to deal with critical business matters.

With bankruptcy often comes litigation that can be an obstacle to preserving equity. Mark D. Taylor, an attorney with Arent Fox Kintner Plotkin & Kahn, PLLC, will discuss implementation of a plan to protect equity, using an example from plaintiffs in asbestos cases.

Attendees will have a networking opportunity during a cocktail reception, sponsored by Sterling Bank, following the conference.

This program satisfies requirements for PACE Recertification credit. Participants can earn 8 credit hours by attending. This program has been accepted by the CFP® Board for 8 CE credit hours.