|
|
|
|
|
|
Committee on Extraordinary Restructuring Solutions |
|
Steven T. Kargman (Reporter)
Kargman Associates
New York, NY USA
Donald S. Bernstein
Davis Polk & Wardwell
New York, NY USA
Stephen S. Gray
The Recovery Group
Boston, MA USA
Thomas B. Felsberg
Felsberg e Associados Advogados e Consultores
Sao Paulo, Brazil |
E. Bruce Leonard
Cassels Brock & Blackwell LLP
Toronto, ON Canada
Professor Christoph Paulus
Humboldt-Universität zu Berlin
Berlin, Germany
George Seligman
Slaughter and May
London, England
Dr. Shinjiro Takagi
Nomura Securities Co., Ltd
Tokyo, Japan |
Committee Chairs
Richard A. Gitlin
Gitlin & Company, LLC
Farmington, CT USA
T 860-548-9048
F 860-676-7704 |
Special Colloquium on Privatization and Restructuring/Insolvency:
New Directions for Transforming State-Owned Enterprises
Astir Palace, Athens, Saturday-Sunday, February 5-6, 2011
Saturday, February 5
| 10:00-10:30 |
Registration/Coffee
|
| 10:30-10:45 |
Welcoming Remarks
|
| Speakers |
George Bazinas, Managing Partner, Bazinas Law Firm, Athens
Stathis Potamitis, Managing Partner, Potamitis Vekris, Athens
Richard Gitlin/Steven Kargman
|
| 10:45 – 12:15 |
Session I: Using Restructuring/Insolvency to Facilitate Privatization of State-Owned Enterprises
|
| Speakers |
Richard Gitlin, currenly Chairman, Gitlin & Co., Hartford Connecticut; formerly, president American Bankruptcy Institute and INSOL International and chair, American College of Bankruptcy
Steven T. Kargman, currently, president, Kargman Associates, New York, NY; formerly, Lead Attorney, Export-Import Bank of the United States, Washington, DC and General Counsel, New York State Financial Control Board, New York, NY
Dr Shinjiro Takagi, formerly Chair, Industrial Revitalization Corporation of Japan; currently, Executive Senior Advisor, Nomura Securities Co., Ltd., Tokyo, Japan |
| Papers |
Restructuring and Insolvency as a Platform for Economic Growth and Competitiveness in a Global Economy (Richard Gitlin)
Privatization and Restructuring/Insolvency: Understanding the Relationship (Steven T. Kargman)
Revitalizing Business Enterprises: Necessary Precondition for Privatization (Dr Shinjiro Takagi)
|
| 12:15 – 1:45 |
Luncheon
|
| 1:45 – 3:15 |
Session II: Privatization of Diverse Sectors: Experience from Other Countries
|
| Speakers |
Mr. Hiromu Emi, Oh-Ebashi LPC & Partners, Tokyo, Japan; statutory auditor, The Central Japan Railways Co. Ltd., one of the privatized Japanese National Railways (JNR); in the mid-1980s was actively involved in the privatization of JNR
Thomas Felsberg, Senior Partner, Felsberg e Associados, Sao Paulo, Brazil; chairman, Turnaround Management Association—Brazil; member, drafting committee, Brazil’s new bankruptcy law enacted in 2005
Professor Charles Booth, Professor of Law, Richardson School of Law, University of Hawaii, and Director of Institute of Asian-Pacific Business Law, Honolulu, Hawaii
Professor Wang Weiguo, Dean of the School of Civil, Commercial and Economic Law, China University of Political Science and Law, Beijing, China; key member, national drafting committee, new China Enterprise Bankruptcy Law adopted in 2006 |
| Papers |
Japan: Railroad Privatization (Mr. Hiromu Emi)
Brazil: Industrial and Financial Institutions (Thomas Felsbergi)
China: Restructuring of SOEs (Professor Charles Booth)
China: Dealing with State Owned Enterprises in Distress (Professor Wang Weiguo) |
| 3:15 – 3:30 |
Coffee Break
|
| 3:30 – 5:00 |
Session III: Managing and Mitigating the Employment Impact of Privatization
|
| Speakers |
Professor Charles Booth, Professor of Law, Richardson School of Law, University of Hawaii, and Director of Institute of Asian-Pacific Business Law, Honolulu, Hawaii
Professor Wang Weiguo, Dean of the School of Civil, Commercial and Economic Law, China University of Political Science and Law, Beijing, China; key member, national drafting committee, new China Enterprise Bankruptcy Law adopted in 2006
Mr. Hiromu Emi, Oh-Ebashi LPC & Partners, Tokyo, Japan; statutory auditor, The Central Japan Railways Co. Ltd., one of the privatized Japanese National Railways (JNR); in the mid-1980s was actively involved in the privatization of JNR
Experiences from Other Countries: China and Japan (Professor Charles Booth, Professor Wang Weiguo, Mr Hiromu Emi)
Aharon Schorr, Intern, International Insolvency Institute
|
| Papers |
Overview of Approaches for Addressing Dislocation of Employees (Aharon Schorr)
Labour Issues (Aharon Schorr) |
| 5:00 – 6:15 |
Session IV: Thorny Legal Issues to be Addressed in Privatization and How the Legal Framework Can be Made Conducive to Privatization/Insolvency
|
| Speakers |
George Bazinas and Stathis Potamitis, in coordination with their colleagues in attendance at the conference from the Greek bar
Sarah Filcher, Intern, International Insolvency Institute |
| Papers |
Reforming SOEs: The need to assess all parameters (George Bazinas)
Selected Provisions: The Greek Insolvency Code (Stathis Potamitis)
Summary Note on the Main Labor issues in case of Privatization with a look also at Insolvency (Alexios Papastavrou)
Comparison of Existing Greek Insolvency Code with US Bankruptcy Code and International Standards in Key Areas (Sarah Filcher)
|
| 7:30 – 9:30 |
Conference Dinner
|
Sunday, February 6
| 9:30-10:30 |
Session V: Large-Scale Privatization on a Nation-Wide or Regional Scale: Pitfalls to be Avoided
|
| Speakers |
Marko Mitrovic, Director, CRG Capital, Vienna, Austria
Stephen Gray, Senior Managing Partner, CRG Partners, Boston, Massachusetts
Both Mr. Gray and Mr. Mitrovic have vast experience working on privatization and turnaround matters in Central and Eastern Europe and very broad experience in turnaround matters in the US; Mr. Mitrovic will be in attendance at the conference and will make the in-person presentation on behalf of himself and Mr. Gray.
Professor Christoph Paulus, Professor of Law, Humboldt University, Berlin, Germany; member, official German Delegation to UNCITRAL Working Group on Insolvency Law
|
| Papers |
Central and Eastern Europe (Marko Mitrovic, Stephen Gray)
Privatizing the Economy of the Former German Democratic Republic in the Wake of German Reunification (Profesor Christoph Paulus)
|
| 10:30 – 10:45 |
Coffee Break
|
| 1:45 – 3:15 |
Session VI: Concluding Session: Open Discussion and Exchange of Views Concerning Policy Options and Strategies Going Forward
|
| Discussion |
How to implement program of privatization based on restructuring/insolvency principles and approaches
|
| 12:15-1:45 |
Concluding Luncheon |
This committee currently has no events. This committee currently has no external resources.
|
|
|
|
|
|
|
 |
