University of Texas Law logo Update your account
  • Sign in or Join Account and Briefcase
    Not a member yet? Sign up Forgot password?
  • Accredited CLE
    Live Conferences Studio Webcasts eConferences eCourses Hooked on CLE Answer Bar
  • Research & Self-Study
    Materials eLibrary
  • Subscriptions
    MCLE On-Demand and eLibrary
  • Browse by Practice Area
    Administrative Admiralty and Maritime Alternative Dispute Resolution Appellate - Civil and Criminal Bankruptcy Business Entities Civil Rights Construction Corporate Counsel Criminal Cybersecurity Elder Law and Guardianship Employment Entertainment and Sports Law Environmental Essentials Ethics Exempt Organizations / Nonprofits Family Government Enforcement / White Collar Crime Healthcare Immigration Insurance Intellectual Property / Patent Law International Law Practice Management Litigation M&A and Securities Oil, Gas and Energy Practice Skills Real Estate Renewable Energy School Self-Care Taxation Technology Technology for Lawyers Trusts and Estates / Probate Water
  • Search
  • Shopping Cart

What are you searching for?

Skip to main content
UT Law CLE logo
  • Overview /
  • Schedule /
  • Faculty /
  • Venue /
Register or Buy ticket icon Buy
ABI/AIRA Member: $695 | $745 after Dec. 16 | $795 after Feb. 17
Gov't/Academic/Nonprofit: $345 | $395 after Dec. 16 | $445 after Feb. 17

Register


PRESENTED BY
The American Bankruptcy Institute
The Association of Insolvency and Restructuring Advisors 
The University of Texas School of Law
Conference art

2017

VALCON

Emerging Valuation Issues in Bankruptcy and Beyond
Las Vegas Mar 1-3, 2017 Four Seasons Hotel
Conference Concluded
Buy
Related products: eConference Materials

Overview

Co-presented by the American Bankruptcy Institute, The University of Texas School of Law, and The Association of Insolvency and Restructuring Advisors, VALCON 2017 is a unique opportunity to hear from and meet some of the leading professionals in the distressed debt, restructuring and valuation business.

If you are a dealmaker, fund investor, or financial or legal advisor, you'll want to join us!

  • Buy

Event Schedule

Program is subject to change.
All times are Central Time Zone.

  • Day 1 March 1, 2017
  • Day 2 March 2, 2017
  • Day 3 March 3, 2017
  • Time
    Credit
    Subject
    Speaker
  • Wednesday Afternoon, Mar. 1, 2017
    Presiding Officer:
    Thomas A. Morrow, Association of Insolvency & Restructuring Advisors - Medford, OR
  • 12:15 pm
    Registration Opens

  • [TRACK A] VALUATION FUNDAMENTALS WORKSHOP
    Presiding Officer:
    James A. Nolen, The University of Texas at Austin, McCombs School of Business - Austin, TX
  • 12:50 pm
    Welcoming Remarks

  • 1:00 pm
    1.25 hrs
    Fundamentals of Accounting and Finance for Distressed Companies

    James A. Nolen, The University of Texas at Austin, McCombs School of Business - Austin, TX

  • 2:15 pm
    Break

  • 2:30 pm
    1.25 hrs
    Fundamentals of Valuation Methodologies

    James A. Nolen, The University of Texas at Austin, McCombs School of Business - Austin, TX

  • 3:45 pm
    Break

  • [TRACK B] TECHNICAL VALUATION ISSUES
    Presiding Officer:
    Thomas A. Morrow, Association of Insolvency & Restructuring Advisors - Medford, OR
  • 12:50 pm
    Welcoming Remarks

  • 1:00 pm
    1.25 hrs
    Preparing Expert Valuation Reports

    Moderator:
    Steven T. Waterman, Dorsey & Whitney LLP - Salt Lake City, UT
    Panelists:
    Bruce B. Bingham, Berkeley Research Group, LLC - New York, NY
    Eric J. Held, Development Specialists - Los Angeles, CA
    David M. Hillman, Schulte Roth & Zabel LLP - New York, NY

  • 2:15 pm
    Break

  • 2:30 pm
    1.25 hrs
    Defending Your Expert Report in a Daubert Challenge

    Moderator:
    Jack F. Williams, Baker Tilly Virchow Krause, LLP - Atlanta, GA
    Panelists:
    Katie Jakola, Kirkland & Ellis LLP - Chicago, IL
    Ian Ratner, GlassRatner Advisory & Capital Group LLC - Atlanta, GA
    Faten Sabry, NERA Economic Consulting - New York, NY
    Deborah D. Williamson, Dykema - San Antonio, TX

  • 3:45 pm
    Break

  • 4:00 pm
    1.50 hrs
    Case Study: Valuing and Restructuring Distressed Companies in the Face of Operational Headwinds
    This panel will use a case study approach and mock negotiations to work through restructuring alternatives for a company experiencing significant operational headwinds and a complex capital structure. The case focuses on issues related to valuation, the rights and remedies of disparate lender groups, and plans for a sale or reorganization through a bankruptcy proceeding.

    Moderator:
    Michael Friedman, Chapman and Cutler LLP - New York, NY
    Panelists:
    Bob Frezza, Deloitte, CRG - New York, NY
    Randel Lewis, University of Denver, Daniels College of Business - Denver, CO
    Morrie Rutman, Richter Consulting, Inc. - Chicago, IL

  • 5:30 pm
    ADJOURN TO OPENING NETWORKING RECEPTION

  • Wednesday Evening, Mar. 1, 2017
  • 5:30 pm
    VALCON Opening Networking Reception (5:30 p.m. - 6:30 p.m.)
    Join us for drinks and hors d'oeuvres with faculty and participants.

  • Time
    Credit
    Subject
    Speaker
  • Thursday Morning, Mar. 2, 2017
    Presiding Officer:
    Leah M. Eisenberg, Arent Fox LLP - New York, NY
  • 8:00 am
    Registration and Networking Breakfast

  • 8:45 am
    Welcoming Remarks

  • 9:00 am
    1.00 hr
    Distressed Investment Strategies
    A busy restructuring market over the past couple years brings to light a variety of issues facing distressed investors and advisors today. Key concerns frustrating investors include assessing when to fund operational losses versus exit investments quickly, whose recovery gets impaired for the cost of the restructuring, and strategies to salvage (distressed) investments that head south. The panel will broadly discuss these and other topics of interest regarding distressed investments.

    Moderator:
    Randall S. Eisenberg, AlixPartners LLP - New York, NY
    Panelists:
    Marc Glogoff, Barclays - New York, NY
    Andrew Milgram, Marblegate Asset Management, LLC - Greenwich, CT
    James "Jim" Seery, River Birch Capital, LLC - New York, NY
    Douglas E. Spelfogel, Foley & Lardner LLP - New York, NY

  • 10:00 am
    1.25 hrs
    The Proper Role of an Examiner in Chapter 11 Cases

    Moderator:
    Andrew N. Goldman, WilmerHale LLP - New York, NY
    Panelists:
    Allen Pfeiffer, Duff and Phelps, LLC - New York, NY
    Hon. Kevin J. Carey, U.S. Bankruptcy Court, District of Delaware - Wilmington, DE
    Jeffrey Rothleder, Arent Fox - Washington, DC

  • 11:15 am
    Break

  • 11:30 am
    1.00 hr
    Determining Valuation and the Fulcrum Security Amidst Market Volatility: When the "In The Money" Mark Moves

    Moderator:
    Jack Butler, Birch Lake Holdings - Chicago, IL
    Panelists:
    Sharon L. Levine, Saul Ewing LLP - Newark, NJ
    Russell Mason, Houlihan Lokey - Dallas, TX
    James "Jim" Seery, River Birch Capital, LLC - New York, NY

  • 12:30 pm
    Adjourn to Luncheon and Keynote Presentation

  • Thursday Afternoon, Mar. 2, 2017
    Presiding Officer:
    Christopher LeWand, FTI Consulting - Denver, CO
  • LUNCHEON PRESENTATION
  • 1:00 pm
    0.75 hr
    Municipal Bankruptcies

    Cate Long, Puerto Rico Clearinghouse - New York, NY
    Commentator:
    Bill Rochelle, American Bankruptcy Institute - New York, NY

  • 1:45 pm
    Break

  • 2:00 pm
    1.00 hr
    Valuation Issues for Clean Energy and the Power Industry
    Clean Energy is rapidly evolving and becoming an accepted and integrated part of the power generation network, providing the majority of all newly installed capacity, yet remains in early stages of development in many ways. How should investors in distressed and non-distressed scenarios consider valuing assets which are subject to macro tax and policy factors, as well as competitive dynamics within the space?

    Moderator:
    Aris Karcanias, FTI Consulting - London, United Kingdom
    Ken Epstein, MBIA - New York, NY
    Panelists:
    Hon. Marvin Isgur, U.S. Bankruptcy Court, Southern District of Texas - Houston, TX
    Chaim Lubin, Lincoln International - Chicago, IL
    Daniel P. Sinaiko, Akin Gump Strauss Hauer & Feld LLP - Los Angeles, CA

  • 3:00 pm
    Break

  • 3:15 pm
    1.00 hr
    Valuation of Litigation Assets for Providing Financing and Other Purposes
    Increasingly, law firms are seeking supplemental financing to enable their litigators to pursue complex and lengthy litigations where the successful outcome of the effort results in a large return for the time invested and failure to carry the day can result in an empty pocket.  Examples of these situations extend to the increasingly litigious bankruptcy and restructuring environment.  To meet this need for financing, there are increasing numbers of parties willing to evaluate the risks for funding.  This panel will focus on the issues related to evaluating the risk/reward trade-off as seen by the legal firms, the parties prepared to provide funding, and the valuation experts engaged to model the alternative outcomes at inception and on an ongoing basis for mark-to-market reporting and other purposes.

    Moderator:
    Peter G. Wollmeringer, Huron Consulting Group - New York, NY
    Panelists:
    Justin Brass, Burford Capital - New York, NY
    Schuyler Carroll, Perkins Coie LLP - New York, NY
    Joseph A. DiSalvatore, Grant Thornton LLP - New York, NY
    Erez Levy, Fortress Investment Group LLC - San Francisco, CA

  • 4:15 pm
    1.00 hr
    Valuation of Assets and Restructuring in Emerging Markets

    Moderator:
    D. Jeffrey Harder, Deloitte LLP - Vancouver, BC
    Panelists:
    C.J. Brown, PJT Partners - New York, NY
    Chris L. Dickerson, Paul Hastings LLP - Chicago, IL
    Timothy Graulich, Davis Polk & Wardwell LLP - New York, NY

  • 5:15 pm
    ADJOURN TO NETWORKING RECEIPTION

  • Thursday Evening, Mar. 2, 2017
  • 5:15 pm
    VALCON Networking Reception (5:15 p.m. - 6:45 p.m.)
    Join us for drinks and hors d'oeuvres with faculty and participants.

  • Time
    Credit
    Subject
    Speaker
  • Friday Morning, Mar. 3, 2017
    Presiding Officer:
    Edward T. Gavin, Gavin/Solmonese LLC - Wilmington, DE
  • 8:00 am
    Breakfast with the Judges

  • 8:30 am
    1.00 hr
    Judicial Panel
    Join us for a discussion on hot topics and recent developments in Chapter 11, including the timing of valuation issues (featuring a discussion of the CSN Houston decision), valuation issues in energy cases, mediating valuation issues, structured dismissals and successor liability post-General Motors. New this year: Conference attendees will have the opportunity to pose questions to the panel. Attendees interested in submitting questions are asked to post questions by email to meetings@abi.org no later than 24 hours prior to this session.

    Moderator:
    Jordi Guso, Berger Singerman LLP - Miami, FL
    Panelists:
    Hon. Kevin J. Carey, U.S. Bankruptcy Court, District of Delaware - Wilmington, DE
    Hon. Robert D. Drain, U.S. Bankruptcy Court, Southern District of New York - White Plains, NY
    Hon. Marvin Isgur, U.S. Bankruptcy Court, Southern District of Texas - Houston, TX

  • 9:30 am
    Break

  • 9:45 am
    1.00 hr
    Hot Topics in Valuation
    The valuation of bankrupt and financially distressed firms is impacted by many factors including court decisions, changing business models, and macro-economic factors. This panel examines recent developments in these three areas and discusses how they will impact valuation engagements, particularly those performed in the context of litigation or contested matters in the future.

    Moderator:
    Israel Shaked, The Michel-Shaked Group and Boston University Questrom School of Business - Boston, MA
    Panelists:
    Keith D. Lowey, Verdolino & Lowey - Foxboro, MA
    David M. Smith, Griffin Hamersky LLP - New York, NY
    Michael Vitti, Duff & Phelps, LLC - Morristown, NJ

  • 10:45 am
    1.00 hr ethics
    Ethical Issues involving Disclosures and Retention

    Kathryn A. Coleman, Hughes Hubbard & Reed LLP - New York, NY
    Eric Fromme, Jeffer Mangels Butler & Mitchell LLP - Irvine, CA
    William K. Harrington, Office of the U.S. Trustee Region 2 - New York, NY

  • 11:45 am
    Adjourn

  • Day 1 March 1, 2017
  • Day 2 March 2, 2017
  • Day 3 March 3, 2017
Download Schedule

Conference Faculty

Bruce B. Bingham

Berkeley Research Group, LLC
New York, NY

Justin Brass

Burford Capital
New York, NY

C.J. Brown

PJT Partners
New York, NY

Jack Butler

Birch Lake Holdings
Chicago, IL

Hon. Kevin J. Carey

U.S. Bankruptcy Court, District of Delaware
Wilmington, DE

Schuyler Carroll

Perkins Coie LLP
New York, NY

Kathryn A. Coleman

Hughes Hubbard & Reed LLP
New York, NY

Chris L. Dickerson

Paul Hastings LLP
Chicago, IL

Joseph A. DiSalvatore

Grant Thornton LLP
New York, NY

Hon. Robert D. Drain

U.S. Bankruptcy Court, Southern District of New York
White Plains, NY

Randall S. Eisenberg

AlixPartners LLP
New York, NY

Ken Epstein

MBIA
New York, NY

Bob Frezza

Deloitte, CRG
New York, NY

Michael Friedman

Chapman and Cutler LLP
New York, NY

Eric Fromme

Jeffer Mangels Butler & Mitchell LLP
Irvine, CA

Marc Glogoff

Barclays
New York, NY

Andrew N. Goldman

WilmerHale LLP
New York, NY

Timothy Graulich

Davis Polk & Wardwell LLP
New York, NY

Jordi Guso

Berger Singerman LLP
Miami, FL

D. Jeffrey Harder

Deloitte LLP
Vancouver, BC

William K. Harrington

Office of the U.S. Trustee Region 2
New York, NY

Eric J. Held

Development Specialists
Los Angeles, CA

David M. Hillman

Schulte Roth & Zabel LLP
New York, NY

Hon. Marvin Isgur

U.S. Bankruptcy Court, Southern District of Texas
Houston, TX

Katie Jakola

Kirkland & Ellis LLP
Chicago, IL

Aris Karcanias

FTI Consulting
London, United Kingdom

Sharon L. Levine

Saul Ewing LLP
Newark, NJ

Erez Levy

Fortress Investment Group LLC
San Francisco, CA

Randel Lewis

University of Denver, Daniels College of Business
Denver, CO

Cate Long

Puerto Rico Clearinghouse
New York, NY

Keith D. Lowey

Verdolino & Lowey
Foxboro, MA

Chaim Lubin

Lincoln International
Chicago, IL

Russell Mason

Houlihan Lokey
Dallas, TX

Andrew Milgram

Marblegate Asset Management, LLC
Greenwich, CT

James A. Nolen

The University of Texas at Austin, McCombs School of Business
Austin, TX

Allen Pfeiffer

Duff and Phelps, LLC
New York, NY

Ian Ratner

GlassRatner Advisory & Capital Group LLC
Atlanta, GA

Bill Rochelle

American Bankruptcy Institute
New York, NY

Jeffrey Rothleder

Arent Fox
Washington, DC

Morrie Rutman

Richter Consulting, Inc.
Chicago, IL

Faten Sabry

NERA Economic Consulting
New York, NY

James "Jim" Seery

River Birch Capital, LLC
New York, NY

Israel Shaked

The Michel-Shaked Group and Boston University Questrom School of Business
Boston, MA

Daniel P. Sinaiko

Akin Gump Strauss Hauer & Feld LLP
Los Angeles, CA

David M. Smith

Griffin Hamersky LLP
New York, NY

Douglas E. Spelfogel

Foley & Lardner LLP
New York, NY

Michael Vitti

Duff & Phelps, LLC
Morristown, NJ

Steven T. Waterman

Dorsey & Whitney LLP
Salt Lake City, UT

Jack F. Williams

Baker Tilly Virchow Krause, LLP
Atlanta, GA

Deborah D. Williamson

Dykema
San Antonio, TX

Peter G. Wollmeringer

Huron Consulting Group
New York, NY

Planning Committee

Leah M. Eisenberg—Co-Chair

Arent Fox LLP
New York, NY

Christopher LeWand—Co-Chair

FTI Consulting
Denver, CO

Steven M. Abramowitz

Vinson & Elkins LLP
New York, NY

Lisa G. Beckerman

Akin Gump Strauss Hauer & Feld LLP
New York, NY

Richard J. Bernard

Foley & Lardner LLP
New York, NY

C.J. Brown

PJT Partners
New York, NY

Jack Butler

Birch Lake Holdings
Chicago, IL

R. Brian Calvert

Development Specialists, Inc.
Los Angeles, CA

Steve Cimalore

Wilmington Trust
Wilmington, DE

Kathryn A. Coleman

Hughes Hubbard & Reed LLP
New York, NY

Stephen B. Darr

Huron Consulting Group
Boston, MA

Robert J. Dehney

Morris, Nichols, Arsht & Tunnell LLP
Wilmington, DE

Joseph A. DiSalvatore

Grant Thornton LLP
New York, NY

Adam Dunayer

Houlihan Lokey
Dallas, TX

Randall S. Eisenberg

AlixPartners LLP
New York, NY

William Epstein

Berkeley Research Group, LLC
Los Angeles, CA

Steven Fleming

PricewaterhouseCoopers LLP
New York, NY

Michael Friedman

Chapman and Cutler LLP
New York, NY

Edward T. Gavin

Gavin/Solmonese LLC
Wilmington, DE

Samuel J. Gerdano

American Bankruptcy Institute
Alexandria, VA

Jay M. Goffman

Skadden, Arps, Slate, Meagher & Flom LLP
New York, NY

Andrew N. Goldman

WilmerHale LLP
New York, NY

Michael H. Goldstein

Goodwin Procter
New York, NY

Bradley Henn

FTI Consulting
New York, NY

David M. Hillman

Schulte Roth & Zabel LLP
New York, NY

Joanna Jefferson

The University of Texas School of Law
Austin, TX

Laura Davis Jones

Pachulski Stang Ziehl & Jones LLP
Wilmington, DE

Robert Jordan

KCC
New York, NY

Daniel B. Kamensky

Marble Ridge Capital
New York, NY

Paul D. Leake

Skadden, Arps, Slate, Meagher & Flom LLP
New York, NY

Sharon L. Levine

Saul Ewing LLP
Newark, NJ

James M. Lukenda

Huron Business Advisory
New York, NY

Thomas A. Morrow

Association of Insolvency & Restructuring Advisors
Medford, OR

Patrick J. Nash Jr.

Kirkland & Ellis LLP
Chicago, IL

James A. Nolen

The University of Texas at Austin, McCombs School of Business
Austin, TX

Allen Pfeiffer

Duff and Phelps, LLC
New York, NY

David W. Prager

Goldin Associates, LLC
New York, NY

Geoffrey T. Raicht

Haynes and Boone, LLP
New York, NY

Ian Ratner

GlassRatner Advisory & Capital Group LLC
Atlanta, GA

Michael P. Richman

Hunton & Williams LLP
New York, NY

Faten Sabry

NERA Economic Consulting
New York, NY

James "Jim" Seery

River Birch Capital, LLC
New York, NY

Israel Shaked

The Michel-Shaked Group and Boston University Questrom School of Business
Boston, MA

Mark J. Shapiro

PointState Capital LP
New York, NY

William K. Snyder

Deloitte Financial Advisory Services, LLP
Dallas, TX

Patricia Baron Tomasco

Jackson Walker LLP
Austin, TX

Shai Waisman

Prime Clerk
New York, NY

Steven T. Waterman

Dorsey & Whitney LLP
Salt Lake City, UT

Jack F. Williams

Baker Tilly Virchow Krause, LLP
Atlanta, GA

Peter G. Wollmeringer

Huron Consulting Group
New York, NY

Venue

speaker

Four Seasons Hotel

3960 Las Vegas Blvd. South
Las Vegas, NV
877.632.5000 (reservations)

Accommodations

$240 room rate good through January 30, 2017 (subject to availability). Room rate valid only for VALCON attendees. Upon payment of conference registration, you will receive hotel reservation information.

Stay in the loop with UT Law CLE

Sign-Up Now  
Accredited CLE
Live Conferences
Studio Webcasts
eConferences
eCourses
Hooked on CLE
Answer Bar
Research & Self-Study
Materials
eLibrary

Subscriptions
MCLE On-Demand and eLibrary
Your UT Law CLE
Your Briefcase
Your Account
Your Cart
Redeem Your Code
Sign In or Join
About
Scholarships
Sponsorships
Speakers
Texas Law Resources
UT Law CLE
About Us
Our Volunteers
Terms of Use
Privacy Policy
Security
Help & Contact
FAQ
Contact Us
Facebook    LinkedIn    Youtube

© 2025 The University of Texas School of Law Continuing Legal Education | 512.475.6700 | Version 9.021

Back to top
More Information
Warning
Error
Warning
Please sign in to continue
Forgot Password   |  Create Account
Item has been added to your cart.

Item description

Checkout
Item has been added to your Briefcase.

Item description

Go to your Briefcase