Debtwire Investors Summit 2017

April 6, 2017 | Convene Convention Center, New York

For the corporate debt markets, 2017 looks primed to be a very interesting year as debt issuance surged in 2016, a new US administration was elected and the global geopolitical environment continues to change. The retail, financial, and energy sectors continue to present opportunities to distressed debt investors. Retail bankruptcies have become more complex as unsecured creditors are running into road blocks from vendor and landlord claims, among other issues. Renewed opportunities will emerge in energy as bid-ask spreads of E&P assets are beginning to narrow as deal making finally begins to tick up. What are the best practices for distressed investing across this complex market landscape? This year's Debtwire Investors Summit will provide expert insight from leading investors and practitioners on distressed debt and restructuring strategies within the current economic and political environment.

    • 08:30

      Registration and Breakfast

    • 08:55

      Welcome Remarks

      Kate  Marino
      Kate Marino
      Deputy Editor - North America, Acuris (moderator)
    • 09:00

      Keynote Session

      Bill  Brandt
      Bill Brandt
      Executive Chairman, Development Specialists Inc.
    • 09:20

      Distressed Investment Strategies

      Listen to a panel featuring preeminent investors and advisors debate and discuss the best strategies for distressed investment and provide insight for the most lucrative opportunities across the key industry sectors, geographical regions, instruments, and within the capital structure.

      • Assessing market bargains and avoiding overvalued assets.
      • Recalling last year's notable mistakes and miscalculations. What lessons can be applied in 2017?
      • Discussing market dynamics and ideas for energy, retail, financial services, and other sectors throughout the North American region.
      • Top ideas for 2017.
      Michael  Bevacqua
      Michael Bevacqua
      Managing Director, Bain Capital Credit
      Michael Lipsky
      Michael Lipsky
      Senior Credit Analyst, Knighthead Capital Management, LLC
      Michael  Teplitsky
      Michael Teplitsky
      Managing Director, Wynnchurch Capital
      Keith  Wofford
      Keith Wofford
      Partner, Ropes & Gray LLP
      Kyle   Younker
      Kyle Younker
      Senior Reporter, Debtwire (moderator)
    • 10:20

      Coffee Networking Break

    • 10:45

      Caesars and Energy Future Holdings: Post-Mortem on Two Groundbreaking Cases

      A recap of two of the largest and most complex restructurings in recent years: Caesars Entertainment and Energy Futures Holdings. Lengthy, highly contentious with numerous stops and starts, a detailed look at these cases and the precedents they’ve established.

      • Twists and Turns: Caesars’ injunctions and EFH’s make whole case book
      • Practical Concerns: Complications of REIT frameworks and regulatory approvals
      • Stalled Precedents: Caesars’ Involuntary bankruptcy, EFH’s post-petition interest and threats of fraudco statute of limitations extensions
      Philip  Anker
      Philip Anker
      Partner and Co-Chair of Bankruptcy and Financial Restructuring Practice Group, WilmerHale LLP
      John Bae
      John Bae
      Partner, Baker Botts LLP
      Jack M. Tracy II
      Jack M. Tracy II
      Head of Legal Analysis for the Americas, Debtwire (moderator)
    • 11:30

      Fireside Chat

      Emanuel  Grillo
      Emanuel Grillo
      Partner, Baker Botts LLP
      Kevin Phillips
      Kevin Phillips
      Managing Director, Joint Global Head of Power, Renewables & Infrastructure, Jefferies
    • 11:50

      Retail Reinvention

      The retail industry is scrambling to reinvent itself as consumers shift online from bricks and mortar shopping. The cases of Aeropostale, RadioShack, and Sports Authority have highlighted the nuances of how bankruptcies are negotiated within the industry. Our panel of leading practitioners will provide their insight on where there is money is to be made in distressed retail.

      • Negotiating with hedge funds and private equity lenders who are quicker to "pull the plug" on Chapter 11 retail petitioners.
      • What are the most effective balance sheet strategies for levered retailers to adopt?
      • Exploring financial engineering and controversial asset transfer tactics.
      • Liquidation and how to pinpoint when a retailer is better off dead than alive.
      Gregg Galardi
      Gregg Galardi
      Partner, Ropes & Gray LLP
      Bob Grosskopf
      Bob Grosskopf
      Co-President – Retail, Gordon Brothers
      Vince  Pisano
      Vince Pisano
      Senior Covenant Analyst, Xtract Research
      Spencer Ware
      Spencer Ware
      Director , AlixPartners LLP
      Reshmi  Basu
      Reshmi Basu
      Assistant Editor- Americas, Debtwire (moderator)
    • 12:30


    • 01:30

      Investing Playbook Under The New Administration

      President-elect Donald Trump has touted his track record as a businessman and dealmaker while recruiting several Wall Street veterans for high level cabinet positions to forge ahead with the biggest turnaround yet – the US Federal government. However, his policy positions on many business and economic issues can be hard to pin down, making investing in the Trump age anything but simple. What impact on the markets might we expect from the new administration?

      • Assessing opportunities from the administration's infrastructure plan of P3 projects and related project financing.
      • Discussing a prospective rustbelt resurgence and future of coal and manufacturing.
      • Dissecting Obamacare. How to play the healthcare market.
      • A new era of financial deregulation?
      Carney Hawks
      Carney Hawks
      Partner, Brigade Capital Management
      Grant  Nachman
      Grant Nachman
      Arrowgrass , Capital Partners, LLP
      Trey Parker
      Trey Parker
      Partner and Head of Credit Research, Highland Capital Management
      Angelo  Rufino
      Angelo Rufino
      Portfolio Manager, Brookfield Asset Management
      Paunie  Samreth
      Paunie Samreth
      Associate Editor - North America, Debtwire (Moderator)
    • 02:15

      North American Distressed Debt Outlook 2017 Update

      Joanna  Anderson
      Joanna Anderson
      Managing Director, Cortland Capital Market Services, LLC
      Jason  Hutton
      Jason Hutton
      Director, Cortland Capital Market Services, LLC
    • 02:35

      Coffee Break

    • 02:50

      Distressed Energy - Oil & Gas and Beyond

      As oil prices remain volatile, and distress becomes more prevalent within power and electric utility companies, where do the best opportunities lie for investors within this complex industry? Our expert panelists will examine the recent trends in commodity downturns and provide a forecast for O&G and the wider energy sector.

      • Looking at industry's debt wall maturation and the refinancing challenge – risks and opportunities?
      • Which subsectors will offer the best distressed investment opportunities in 2017? Who will be the winners and losers?
      • What happens to oil and gas companies that exit Chapter 11? Is lower leverage encouraging consolidation in the space?
      • What are the key regulatory factors in the industry going forward?
      Evan  Lederman
      Evan Lederman
      Managing Director and Partner, Fir Tree Partners
      Sachin  Lulla
      Sachin Lulla
      Managing Director, Evercore
      Andrew  Thomison
      Andrew Thomison
      Partner, Baker Botts LLP
      Robb L. Tretter
      Robb L. Tretter
      Partner, Ropes & Gray LLP
      Jessica  Zhou
      Jessica Zhou
      Vice President, Carlyle Energy Mezzanine Opportunities
      Madalina   Iacob
      Madalina Iacob
      Senior Distressed Debt Reporter – North America, Debtwire (moderator)
    • 03:45

      Event Concludes

Lead Strategic Partner

Strategic Partners

Panel Sponsor