Four months ago Puerto Rico was hit by Hurricane Maria, a Category 4 hurricane packing 155 mph winds when it made landfall. The storm thrust the island into darkness. Today, about 35% of the island still lacks power. While most of the island has water, questions remain about how much of it is potable.
On April 4, 2018, the ABI Endowment Fund will team up with The Mariano Rivera Foundation to raise much-needed funds to benefit Hurricane Maria victims in Puerto Rico. This event, to be held in Manhattan during the first week of baseball season, is more than a great opportunity to network with colleagues over appetizers and an open bar. You will get to meet legendary New York Yankees pitcher Mariano Rivera while the insolvency community gives back to the territory that has occupied so much of the bankruptcy news for the past few years.
I have been a long-time member of the Turnaround Management Association. Over the years, I have served in leadership at both local and national levels. The TMA offers many excellent programs. In particular, their economic forecasts and state-of-the-restructuring-world presentations are not to be missed. I’ll be in Los Angeles next week thawing out. And just in time to drop in on the Southern California chapter’s 2018 Forecast: What’s Happening Inside our Restructuring World? I hope to see many of you there!
Why attend? You can hear about recent industry developments from top-notch financial advisers deployed on the front lines of the restructuring profession. You can look forward to troubled industry forecasts. You’ll have an opportunity to enjoy riveting discussions about the state of capital markets. But that’s not all… Don’t miss tips and tidbits about other relevant issues expected in 2018. And if that’s not enough to entice you, come early for the buffet. (I’m expecting there will be cocktails. Just sayin’). Anyway, all the cool kids will be there.
- Alex Kasdan, Senior Managing Director, DelMorgan & Co. (Moderator)
- James Baring, Manager, Deloitte
- Winston Mar, Partner & Managing Director, Sierra Constellation Partners
- Alex Raskin, Director – Financial Restructuring Group, Houlihan Lokey
- Jonathan Zucker, Senior Vice President, Intrepid Investment Bankers
Thursday, January 18, 2018
5:30 – 6:30 PM Registration and Buffet
6:30 – 7:30 PM Panel Presentation
7:30 – 8:30 PM Networking
Wilshire Country Club
301 N. Rossmore Avenue
Los Angeles, CA 90004
You can register at the TMA website, here.
See you next week! If you’re attending the event and have time to catch up while I’m in town, let me know.
Woodbridge Group of Companies, LLC, a Sherman Oaks, California-based real estate finance and development company, has filed for Chapter 11 protection in Delaware. The committee formation meeting is scheduled for December 14, 2017 at 10:00 a.m. at the Doubletree Hotel in Wilmington, Delaware.
The company says it intends to file a plan to substantially reduce its debt and transition its real estate investment business to institutional financing sources. It hopes to reorganize and successfully emerge as a profitable real estate investment before the end of 2018.
Additional information is available here.
Can’t wait to get to the ABI Winter Leadership Conference in sunny Palm Springs next week to catch up with all my bankruptcy peeps…. and to thaw out!
After decades in California learning how to cook a Thanksgiving meal with Santa Ana winds blowing like an oven fan, I’m learning to re-acclimate to traditional Thanksgiving weather. Yesterday’s high in New Jersey: 44 degrees! (I keep repeating to myself: “Not cold, seasonally appropriate!”) The high in Palms Springs? 94 degrees!
Of course, with nine joint ABI committee sessions provided by ABI’s committees, along with ABI’s newest trend, ABI Talks, and 13 topical sessions, the conference also offers plenty of learning opportunities. Check out the program here.
Looking forward to seeing all of you in Palm Springs! If you have time to catch up, let me know.