The podcast features a conversation between Prof. Ayer and David Yen, a legal aid lawyer in Chicago who represents many indigent debtors.
Monthly Archive for May, 2006
The podcast features a conversation between Prof. Ayer and Leonard Rosen, Of Counsel to New York’s Wachtell, Lipton, Rosen & Katz, reflects on his roughly half-century in bankruptcy law, including the strategy and business plan for building a powerhouse law firm from the ground up. Rosen recalls his work on behalf of discount retailer W.T. Grant, one of largest Chapter 11’s of its day (1975) with 1,300 stores, as well as the massive Chrysler restructuring outside Chapter 11, on behalf of institutional lenders. And he describes his involvement in the National Bankruptcy Conference during Congress’ development of the 1978 Code.
The podcast features a conversation between Prof. Ayer and Mark D. Taylor, a partner in the D.C. office of Arent Fox, who describes his role as the liquidating trustee in the AmeriDebt bankruptcy. The now-defunct credit counseling agency was the nation’s largest provider of “debt-management plans,” but collapsed in 2003 under the weight of consumer class actions and FTC/IRS actions against certain of the company’s practices. Taylor describes how he came to be appointed trustee taking over for prior management, his role in negotiating with regulatory and enforcement agencies, and the mechanics of arranging for a sale of parts of the business.
The podcast features a conversation between Prof. Ayer and Ron Barliant, a former bankruptcy judge from Chicago, who handled the Conseco Financial case, one of the mega-Chapter 11s of recent years and who is now in private practice.