James H.M. Sprayregen, Partner, Kirkland & Ellis LLP, former Co-Head of Goldman Sach’s Restructuring Group and expert recognized as one of the country’s outstanding restructuring lawyers, will present at Golden Networking’s Distressed Investing Experts Forum 2010, “Analyzing and Valuing Distressed Companies, Securities and Real Estate” (DistressedInvestingExpertsForum.com), September 21st, 2010, Consulate General of the Republic of Poland, New York City.
New York, NY, August 26, 2010 — James H.M. Sprayregen, Partner, Kirkland & Ellis LLP, former Co-Head of Goldman Sach’s Restructuring Group and expert recognized as one of the country’s outstanding restructuring lawyers, will present at Golden Networking’s Distressed Investing Experts Forum 2010, “Analyzing and Valuing Distressed Companies, Securities and Real Estate” (http://www.DistressedInvestingExpertsForum.com), September 21st, 2010, Consulate General of the Republic of Poland, New York City.
Mr. Sprayregen is recognized as one of the country’s outstanding restructuring lawyers and has led some of the most complex Chapter 11 filings in recent history. Mr. Sprayregen has extensive experience representing major U.S. and international companies in and out of court as well as buyers and sellers of assets in distressed situations. He has handled matters for clients in industries as varied as manufacturing, technology, transportation, energy, media, and real estate. He has extensive experience advising boards of directors, and generally representing domestic and international debtors and creditors in complex workout, insolvency, restructuring, and bankruptcy planning matters.
Mr. Sprayregen has been recognized as one of the top restructuring lawyers in the world by many leading publications. In March 2010, The National Law Journal selected Mr. Sprayregen as one of “The Decade’s Most Influential Lawyers.” The American Lawyer also profiled Mr. Sprayregen’s distinguished career in several articles including “Dealmakers of the Year, Building the Brand,” and “45 Under Forty-Five: The Rising Stars of the Private Bar.” Mr. Sprayregen was also profiled in the articles, “Credit Control,” by The Lawyer, “Willing to Run Through a Brick Wall,” by The Daily Deal, “Lawyer ‘Spray’ Tops Bankruptcy Fray,” by Crain’s Chicago Business and “A 24-Hour Kind of Player,” by the Chicago Sun-Times. In addition, Chambers & Partners has described Mr. Sprayregen as a “great clients’ lawyer, admired for his ‘unflustered ways.'” Chambers said that clients it spoke to noted that he is “probably the best restructuring lawyer in the world.”
From 2006-2008, Mr. Sprayregen served as co-head of Goldman Sach’s Restructuring Group and advised clients in restructuring and distressed situations. Prior to joining Goldman Sachs, Mr. Sprayregen spent 16 years at Kirkland & Ellis. He rejoined the Restructuring Group at Kirkland & Ellis in December 2008. The 2009 edition of Chambers USA, America’s Leading Lawyers for Business highlighted Mr. Sprayregen’s return to Kirkland & Ellis after his nearly three years with Goldman Sachs. Mr. Sprayregen was listed as a first tier lawyer practicing in the bankruptcy/restructuring category, and was described as having an “outstanding reputation for complex Chapter 11 cases.” The 2010 edition of Chambers USA, America’s Leading Lawyers for Business recognized Mr. Sprayregen as a key individual, noting that “he will lift the practice even higher,” and that he is known for his ability to “smooth the waters where needed but also take an aggressive stand when necessary.”
Mr. Sprayregen has recently represented numerous multinational public and private corporations in many of the country’s largest out-of-court restructuring matters and Chapter 11 cases, including the following:
• GGPLP L.L.C., and certain of its affiliates, in their Chapter 11 reorganization. GGP and its consolidated affiliates reported approximately $29.6 billion in total assets and $27.3 billion in total liabilities as of December 31, 2008. Through its affiliates, GGP owns and manages more than 200 regional shopping centers and other properties across 44 states. These filings constitute the largest Chapter 11 cases undertaken by a real estate investment trust in U.S. history. Kirkland is advising certain of the filing entities with respect to various aspects of their reorganization.
• Japan Airlines Corporation, Asia’s largest air carrier with a fleet of more than 270 aircraft, as international restructuring counsel advising JAL on all aspects of the restructuring of its global operations and representing it in connection with Chapter 15 cases pending before the U.S. Bankruptcy Court for the Southern District of New York. JAL, headquartered in Tokyo, maintained $28 billion in debt at the time of its filing and operates over 900 daily flights from over 60 airports in Japan and provides international flight services to 11 million international passengers in 34 countries each year.
• Visteon Corporation, a Fortune 500 global automotive supplier that designs and manufactures climate, interior, electronic and lighting products for vehicle manufacturers, in its Chapter 11 reorganization. Located in 27 countries, Visteon reported $9.5 billion in revenue in 2008 with approximately 31,000 employees.
• Lear Corporation, a leading global supplier of seating systems, electrical distribution systems, and electronics to the automotive industry, in its prearranged Chapter 11 reorganization. With 2008 net sales of $13.6 billion, Lear employs more than 80,000 individuals at 210 facilities in 36 countries around the world.
• UAL Corp., the world’s second largest airline, and certain affiliates, in all aspects of its complex Chapter 11 reorganization proceedings. The United case is among the largest bankruptcy cases ever filed, and included the restructuring of leases and mortgages on approximately 450 aircraft which resulted in approximately $850 million of annual savings, the restructuring of $1.7 billion in municipal bond obligations, and the restructuring of multibillions of dollars in labor and pension agreements.
• Conseco, Inc., and certain of its subsidiaries, in what has been reported as the seventh largest Chapter 11 filing in history. This extremely complicated case involved the heavily-regulated industries of finance, banking and insurance. After conducting a lengthy and spirited auction, Kirkland received court approval for the sale of the assets of the finance subsidiaries for more than $1 billion in cash. In addition, Kirkland negotiated the restructuring of the holding company debtors, which own the insurance subsidiaries. Only months into the case, Kirkland filed Chapter 11 plans of reorganization and the company emerged from bankruptcy in 2003.
• Mr. Sprayregen also represents an ad hoc committee of certain secured term loan lenders in the Chapter 11 cases of Capmark Financial Group, Inc. Capmark Financial Group, Inc. and its affiliates were involved in the commercial real estate lending market with over $10.6 billion of funded debt, including a secured term loan facility of $1.5 billion.
Mr. Sprayregen is a frequent lecturer and speaker, and also has published numerous articles on insolvency, fiduciary duty and distressed M&A issues. He also served for three years as an Adjunct Professor at the University of Chicago Booth School of Business and for one year as an Adjunct Professor at New York University School of Law.
Distressed Investing Experts Forum 2010 is produced by GoldenNetworking.net (goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking’s Forums and Business Receptions include:
• High-Frequency Trading Happy Hour, (HFTHappyHour.com), September 14th, New York City
• Distressed Investing Experts Forum 2010, “Analyzing and Valuing Distressed Companies, Securities and Real Estate” (DistressedInvestingExpertsForum.com), September 21st, New York City
• High-Frequency Trading Experts Workshop 2010, “Practical Implementation of High-Frequency Trading Strategies” (HFTExpertsWorkshop.com), October 4 & 5, London, October 7 & 8, New York, October 25 & 26, Dubai, and October 28 & 29, Hong Kong
• 2nd China Leaders Forum, “Challenges and Opportunities for China’s Economic Juggernaut” (ChinaLeadersForum.com), October 6th, New York City
• Latin America Leaders Forum 2010, “Unlikely Oasis of Growth amid the Global Economic Crisis?” (LatinAmericaLeadersForum.com), October 21st, New York City
• 1st Finance Leaders Forum, “How the New Financial Legislation Will Impact You and Your Business” (FinanceLeadersForum.com), November 4th, New York City
• 2nd Banking Leaders Forum, “Private Banking on the Brink of Transformational Change” (BankingLeadersForum.com), November 18th, New York City
• Global Energy Leaders Forum 2010, “Proposals and Solutions for Today’s Global Energy Challenges” (GlobalEnergyLeadersForum.com), December 2nd, New York City
• 2nd Private Equity Leaders Forum, “Setting the Stage for Radical Transformation in 2011 and Beyond” (PrivateEquityLeadersForum.com), December 9th, New York City
Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:
• Derivatives Leaders Forum 2010 DVD Video Package, “Strategies for Increasing Profits under an Evolving Regulatory Framework”, DerivativesLeadersForum.com
• High-Frequency Trading Leaders Forum 2010 DVD Video Package, “Innovating and Profiting from High-Frequency Trading in 2010 and Beyond”, HFTLeadersForum.com
• Hedge Funds Leaders Forum 2010 DVD Video Package, “Generating Alpha in Challenging Times”, HedgeFundsLeadersForum.com
• High-Frequency Trading Experts Forum 2010 DVD Video Package, “Starting and Running a High-Frequency Trading Operation”, HFTExpertsForum.com
• Distressed Investing Leaders Forum 2010 DVD Video Package, “Extraordinary Opportunities Investors Cannot Afford to Pass”, DistressedInvestingLeadersForum.com
• China Leaders Forum 2009 DVD Video Package, “Addressing the Challenges Posed by the Present Wave of Chinese Globalization”, ChinaLeadersForum.com
• Distressed Investing Leaders Forum 2009 DVD Video Package, “The Most Comprehensive Guide for Any Investor in Distressed Assets”, DistressedInvestingLeadersForum.com
Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to [email protected]. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, “Happy Hour for High-Frequency Trading”, The New York Times, “Golden Networking Helps Job Seekers Make Overseas Connections”, Los Angeles Times, “Speed-addicted traders dominate today’s stock market”, Reuters, “Revamp looms as trading experts huddle at SEC” and Columbia Business School’s Hermes Alumni Magazine, “10 Under 10”.
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Contact:
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Golden Networking
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