Thursday January 23, 2020
7:15 pm – 8:15 pm
Keynote Session (to be held at The Pacific Club – additional fee required)
An expert in economic and revenue forecasting, regional economics, economic policy, and labor and real estate markets, Dr. Thornberg has consulted for private industry, cities, counties, and public agencies in Los Angeles, San Francisco and the Bay Area, San Diego, the Inland Empire, Seattle, Orange County, Sacramento, Nevada, and other geographies across the nation. Dr. Thornberg became nationally known for forecasting the subprime mortgage market crash that began in 2007, and was one of the few economists on record to predict the global economic recession that followed.
Chris Thornberg, PhD – Founder, Beacon Economics, Los Angeles
Friday January 24, 2020
8:45 am – 9:45 am
Federal Equity Receiverships: – Reorganized Railroads for 50 Years, Can Reorganize States
When railroads were being built across America, many went broke and for 50 years they were reorganized through federal equity receiverships.
Many states are now broke and there is no federal bankruptcy law they can use. They, too, could reorganize through a federal equity receivership. The US Code continues to authorize equity receiverships in both regulatory and commercial cases.
Federalism – a state designated receiver and the Bekins standards. FRCP 19 provides a mechanism to join necessary parties without whose joinder “complete relief” cannot be given, whose interest would be “impair[ed]” if not joined. The recent Firth Circuit Stanford opinion explained the broad injunctive power of a federal court presiding over an equity receivership.
Zack A. Clement – Zack A. Clement, PLLC, Houston TX
10:00 am – 11:00 am
Ask the Receiver
It’s time once again to put them on the spot! Ask the panel of seasoned receivership professionals your toughest questions. All topics are open for discussion.
Byron Moldo – Ervin Cohen & Jessup, Los Angeles
Terri Riker – Lee Ventures Realty, Inc, Sacramento
Randy Michelson – Michelson Law Group, Bay Area
11:30 am – 1:15 pm
Luncheon with Hosted Table Topics
Industry experts will host lunch tables to continue the conversations on a variety of topics.
1:15 pm – 2:15 pm
Cannabis and Receivership: How the Liability for Cannabis Businesses to File Bankruptcy is an Opportunity for Receivers
Oren Bitan – Buchalter, Los Angeles
Seth Freeman – GlassRatner, San Francisco
Vanita Spaulding – SingerLewak LLP, Woodland Hills
2:45 pm – 3:45 pm
The Neutrality of a Post-Judgment Receiver: How Aggressive Can the Post-Judgment Receiver Be?
Michael Muse-Fisher – Buchalter, Sacramento
Lei Lei Wang Ekvall – Smiley Wang Ekvall, Costa Mesa
Ted Lanes – Lanes Management Services, Greater Los Angeles Area
Honorable Edward B. Moreton – Dept. 44, Los Angeles Superior Court, Los Angeles
3:45 pm – 4:45 pm
Federal Law and Rule 66
From the unusual to the downright dangerous, learn from the mistakes and victories of experienced receivers about what can happen in a federal equity receivership. These professionals will share their best and worst stories to help educate all of us on what to do, and not do, as a receiver in a federal case. The program is designed to provide practice pointers about all aspects of a federal receivership case, including the takeover, asset sales, litigation, and claims administration.
Kathy Bazoian Phelps – Diamond McCarthy, Los Angeles
Steve Donnell – FedReceiver, Inc – Los Angeles
Michael Kasolas – Michael Kasolas & Company, San Francisco
Thomas A. Seaman – Thomas Seaman Company – Irvine
3:45 pm – 4:45 pm
Health & Safety and the California Housing Crisis
Health and Safety Code receiverships differ in important ways – both legal and non-legal – from normal equity and other receiverships. Additionally, there has been growing tension in recent years between receivers, lenders, and other stakeholders regarding the issuance of priority receivership certificates, sales of receivership property free and clear of liens, and title insurance, among other things. Our panel will help practitioners navigate these complexities, including a discussion of fee recovery and the California Court of Appeal’s recent Sierra Madre vs. SunTrust opinion and its potential impact on receivership practice in California.
Blake Alsbrook – Pasternak, Pasternak & Alsbrook, Los Angeles
Rocky Delgadillo – DLA Piper, Los Angeles
Gerard Keena, II – Bay Area Receiverships Group, Berkeley