sama - strategic advisory conference booklet.pdf · 2012 3 appreciation message from the board...

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3rd Annual Conference 2012May 9th - 11th

SAMASpecial Assets Management Association

2 SAMA Third Annual Conference 2012

Appreciation Message 3

General Information 4

Keynote Speaker 8

Economist Speaker 9

Conference Agenda 11

Featured Speakers 18

Sponsors 48

Notes 55

Page

About SAMA

When the economy began a downward turn in early 2008, a group of special

assets managers met to exchange ideas and share best practices In time, they

invited their service providers to participate and as a result the prototype of SAMA

was born SAMA is a professional trade association serving work-out professionals

It is dedicated exclusively to fostering the best practice in the workout arena through

continuing education, mentoring, skill sharing and peer support

About SAMA

tAble of ContentS

3SAMA Third Annual Conference 2012

AppreCiAtion MeSSAge froM the boArd

Welcome to SAMA’s Third Annual Conference! We are pleased to have you join us for a conference filled with outstanding educational and networking opportunities. Special thanks to the following people for their hard work and generous volunteering of their time in connection with the organization of this conference:

Joel BermanSteve BloomJeff BrandlinBarry FreemanJeff HareHarold ReichwaldBarry SmithAshlie HolmesVeronica RamosDaniel Zhu

We would also like to thank our highly qualified speakers, our sponsors, exhibitors and attendees. This conference would not be possible without your support!

Sincerely,Greg Bloyd, Co-Chair, Board of DirectorsWilliam Freeman, Board of DirectorsGregory Meis, Board of DirectorsSeth Moldoff, Board of DirectorsMike Zandpour, Board of DirectorsTingting Zhang, Co-Chair, Board of Directors

In Appreciation


generAl ConferenCe inforMAtion

Entrance:Conference events are only open to registered Conference attendees. SAMA reserves the right to refuse entrance to anyone.

Conference Events:SAMA does not endorse or support any event taking place before, during or at the conclusion of the SAMA Third Annual Conference schedule. Events not published in the Conference Schedule are not part of the Conference and should not be viewed as such.

Disclaimer:This Conference is being presented by SAMA. SAMA promotes forums of open discussion of current events, legal issues and educational issues relating to the default industry. SAMA does not endorse or adopt the views and opinions expressed by any author, contributor, speaker or sponsor. SAMA does, however, recognize the First Amendment right of every author, contributor, speaker and sponsor to express his or her views.

Dress Code:Conference attendees are welcome to dress casually for Thursday’s mixer. This will be a great time to mix, and mingle in a relaxed comfortable environment.

Wednesday, Thursday and Friday conference sessions require business or business casual attire.

Don’t forget your name badge is considered part of the dress code and will be your key to access the educational sessions and the exhibit hall.

General Information


Code of Conduct for Conference and Meetings:To ensure an environment conducive to professional growth and development, the following Code of Conduct shall apply:

• All attendees of SAMA’s Third Annual Conference shall conduct themselves in a professional manner and treat others with respect, courtesy and dignity at all times.

• All attendees will not exercise undue authority, influence or pressure on any other individual.

• Attendees are not allowed to approach the speaker’s stage at any time.

• A mailbox is available at the registration desk for the purpose of providing business cards and messages to specific speakers and attendees at the conference.

• All attendees shall keep their name badge in full view at all times while attending all events.

• All attendees are asked to arrive on time to educational sessions.

• All attendees are asked to silence cell phones, computers and other electronic devices while meetings are in session.

• Professional business attire or business casual attire is an acceptable style of dress for the conference sessions.

• Conference attendees shall respect, at all times, the facilities, equipment, rooms, buildings, and surroundings that may be used throughout the Conference.

• Conference participants shall not present product information, distribute products, promote themselves or their own business during the Conference unless the Conference participant is exhibiting or has sponsored a specific event.

• Speakers shall not solicit business, present product information, distribute products, or promote their own business during their particular session(s).

• All exhibitors must follow the policies as set forth in the Exhibitor Rules and Regulations.

• Any violation of this Code of Conduct may result in individuals being immediately barred from all further Conference activities and possibly future conferences/meetings.

General Information


Keynote & Economist Speakers


John Bowman, Former Acting Director Office Of ThrifT SuperviSiOn

John E. Bowman became Acting Director of the Office of Thrift Supervision (OTS) in 2009. A Californian, Bowman earned his Bachelor’s Degree at the University of California, and his law degree at Pepperdine University School of Law in 1977. His first position in the government was at the Department of Agriculture, where he served as a senior attorney in the Office of the General Counsel from 1978 to 1983. Bowman’s next stop was the Treasury Department. In 1987 he was promoted to deputy assistant general counsel and in 1991 to assistant general counsel for banking and finance. Bowman helped draft the proposal that eventually led to the creation of OTS, and he also had a leading role in drafting the FDIC Act of 1991, which gave regulators such as the OTS tools for dealing with banks and thrifts that lack adequate capital. Seeking to capitalize on his knowledge of the financial industry, Bowman left public service and joined the Washington, D.C., law office of Brown & Wood, where he specialized in government and corporate finance, securities and financial services regulation. He returned to government service in June 1999 as deputy chief counsel for business transactions at OTS. In May 2004, he was appointed Chief Counsel, and in April 2007, he was appointed Deputy Director and Chief Counsel. He was subsequently appointed acting director in 2009.

Keynote Speaker


Economist Speaker

Edward E. Leamer, Chauncey J. Medberry Professor of Management, Professor of Economics, Professor of StatisticsucLA

Edward Leamer is the Chauncey J. Medberry Professor of Management, Professor of Economics, Professor of Statistics, Director of the UCLA/Anderson Business Forecast Project and Chief Economist of the Ceridian-UCLA Pulse of Commerce Index. (www.ceridianindex.com).

In its December 2000 release, the UCLA/Anderson BFP (http://www.uclaforecast.com/) stood virtually alone in predicting the 2001 recession. In a special release on 9/12/2001, the Forecast correctly analyzed the likely unimportance of 9/11 for the evolution of the recession. In June 2002, Leamer began warning about a momentum-driven overheated housing market that was sure to cause problems for the economy in the future. In August of 2007 at the annual Federal Reserve Jackson Hole Symposium, Leamer argued for special targeting of housing in a paper titled “Housing IS the Business Cycle.”

After serving as Assistant and Associate Professor at Harvard University, Leamer joined the University of California at Los Angeles in 1975 as Professor of Economics and served as Chair from 1983 to 1987. In 1990 he moved to the Anderson Graduate School of Management and was appointed to the Chauncey J. Medberry Chair. Professor Leamer is a Fellow of the American Academy of Arts and Sciences, and a Fellow of the Econometric Society.

Leamer is a Research Associate of the National Bureau of Economic Research and an occasional visiting scholar at the IMF and the Board of Governors of the Federal Reserve System. He has served on both Governor Wilson’s and Governor Schwarzenegger’s Council of Economic Advisors. He has been on the Advisory Board of the Bureau of Economic Analysis. In 2005-2006 he chaired a panel of the National Academy of Sciences on outsourcing and delivered the report to Commerce and to Congress.

Professor Leamer received a B.A. degree in mathematics from Princeton University and a Ph.D. degree in economics and an M.A. degree in mathematics from the University of Michigan. He has published over 120 articles and 4 books. His research papers in econometrics have been collected in Sturdy Econometrics, published in the Edward Elgar Series of Economists of the 20th Century. His research in international economics and econometric methodology has been discussed in New Horizons in Economic Thought: Appraisals of Leading Economists.


Conference Agenda

SAMA Third Annual Conference

1

Wednesday May 9th

, 2012

1:00 – 5:30 p.m. Conference Registration Location: Anacapa Hexagon

2:00 p.m. – 5:30 p.m. Exhibition Area Open Location: Anacapa Foyer and Terrace 2:00 – 3:00 p.m. Executive Management

Discussion Panel Location: Anacapa Ballroom

Moderator: Greg Bloyd, Vice President, Section

Manager- California, Bank of the West

Speakers: Curtis Burchard, EVP, Regional Manager,

Special Assets, BBVA JP Gough, CEO, Orange County Business Bank Larry Schiff, EVP, Director of Credit Risk

Management, East West Bank

3:00- 3:30 p.m. Refreshment Break Location: Anacapa Terrace

3:30- 4:30 p.m. Regulatory Update Location: Anacapa Ballroom

Moderator: Brian Valenti, Manager, Risk Section, Federal Reserve Board Speakers: Jeffrey M. Curry, Managing Director, FTI Consulting Jeff Hare, Partner, Chair, Financial Services

Regulatory Practice, DLA Piper Seth Moldoff, SVP Division Manager Credit

Resolution Group, Wells Fargo

4:30 – 5:30 p.m. Breakout Sessions

4:30-5:00 p.m. Loss Share Location: Hacienda Sections C

Charles Fulton, Counsel, Special Issues, FDIC Cheri George, SVP, California Bank and Trust Lisa Greer Quateman, Attorney, Polsinelli Shughart Mike Zandpour, SVP & Senior Counsel, City National Bank

CRE Collateral Evaluations Location: Hacidenda Sections D

Ron Derington, Senior Examination Specialist, FDIC David Doyle, Senior Examiner, Federal Reserve Bank of San Francisco David Rosenthal, MAI, President & CEO, Curtis- Rosenthal Inc. & CR Evaluations


2

5:00- 5:30 p.m. C&I Collateral Collections Location: Garden Room

Greg Badura, SVP and Special Assets Manager, Cathay Bank Michael Fletcher, Attorney, Frandzel Robins Bloom & Csato Ronald W. Liese, Vice President, Gordon Brothers Group Wayne Terry, Partner, Hemar Rousso & Heald

Loan Sales Location: Board Room

Sean Cohane, Vice President, Garnet Capital Advisors Josh Ufberg, Principal, Atalaya Capital Management Eric Von Beidleman, Senior Vice President &

Special Assets Manager, BBCN Bank

Tingting Zhang, President, The TerraCotta Group 6:00-8:00p.m. Board of Directors Dinner Location: Hacienda Ballroom


3

Thursday May 10th

, 2012 7:00 a.m – 5:30 p.m. Conference Registration Location: Anacapa Hexagon

7:00 a.m. – 5:30 p.m. Exhibition Area Open Location: Anacapa Foyer and Terrace

7:00 - 8:30 a.m. Breakfast with the Keynote Speaker Location: Hacienda Ballroom

Keynote Speaker: John Bowman, Former Acting Director, Office of Thrift Supervision 9:00 –10:00 a.m. TDRs and Accounting Issues Location: Anacapa Ballroom

Moderator: Raymond Muñoz, Senior Manager, Financial

Services-Banking and Finance, KPMG Speakers:

Robert Coleman, Regional Accountant, FDIC Greg Meis, SVP Manager Special Assets, City National Bank Brian Valenti, Manager, Risk Section, Federal Reserve Board

10:30 - 11:30 a.m. Negotiation Strategies and

Tactics- Methods and Styles Location: Anacapa Ballroom

Moderator: Michael VanderLey, Managing Director, FTI Consulting

Speakers: Scott Avila, Managing Partner, CRG Barry Freeman, Partner, Jeffer Mangels Butler & Mitchell Richard Pachulski, Partner, Pachulski, Stang, Ziehl, & Jones

12:00 – 1:30 p.m. Lunch With An Economist Location: Hacienda Ballroom

Economist Speaker: Edward Leamer, Chauncey J. Medberry

Professor of Management, Professor of

Economics, Professor of Statistics, UCLA

2:00 – 3:00 p.m. Lender Liability Location: Anacapa Ballroom

Moderator: Joel Berman, Attorney, Jeffer Mangels Butler & Mitchell Speakers: Elizabeth Khachigian, Senior Vice President and

Assistant General Counsel, Comerica Bank A. Barry Cappello, Managing Partner, CAPPELLO & NOËL Thomas Robins, Chief Supervising Trial Attorney, Frandzel Robins Bloom Csato Seth Moldoff, SVP Division Manager Credit

Resolution Group, Wells Fargo


4

3:00- 4:00p.m. Breakout Sessions

3:00- 3:30p.m. Fraud Location: Hacienda Section C

Jeff Brandlin, President, Brandlin & Associates John Cate, SVP & Deputy Chief Credit Officer, East West Bank Byron Mauss, Attorney at Law, Assayag Mauss Isabelle Ord, Of Counsel, DLA Piper

Rehabilitation and Turn Around Location: Hacienda Section D

David L. Auchterlonie, Chairman & Chief

Executive Officer, The Scotland Group Scott Smith, Shareholder, Buchalter Nemer Thomas Turner, SVP, Special Assets Manager,

Grandpoint Bank

3:30-4:00p.m. Receivership Location: Garden Room

Bill Hoffman, President & CEO, Trigild R. Todd Neilson, Director, Berkeley Research Group, LLC David Scheiber, SVP, Special Assets Department, Boston Private Bank Douglas Wilson, Chairman & CEO, Douglas Wilson Companies 3:30-4:00p.m. TDR Location: Board Room Raymond Muñoz, Senior Manager, Financial

Services-Banking and Finance, KPMG Robert Coleman, Regional Accountant, FDIC Greg Meis, SVP Manager Special Assets, City National Bank Brian Valenti, Manager, Risk Section, Federal Reserve Board

4:00 – 4:30 p.m. Refreshment Break Location: Anacapa Terrace

4:30 – 5:30 p.m. Restructuring of Syndicated and Club Credit Location: Anacapa Ballroom

Moderators: Bill Freeman, Partner, Pillsbury Winthrop Shaw Pittman LLP

Speakers: Ted Dunn, EVP, Syndications Manager, Bank of the West Sidney S. Jordan, SVP & Manager Loan

Acquisition Unit Syndication Division, Bank of the West Bob Riiska, Senior Managing Director, Focus Management Group Christopher Zumberge, SVP, US Bank

6:00 – 8:00 pm Cocktail Mixer Location: Herb Garden Pool


5

Friday May 11

th, 2012

7:00– 11:30 a.m. Conference Registration Location: Anacapa Hexagon

7:00 a.m. – 11:30 p.m. Exhibition Area Open Location: Anacapa Foyer and Terrace

7:00 – 8:30 a.m. Breakfast Location: Hacienda Ballroom

9:00 – 10:00 a.m. Hot Topics of Special Assets Location: Anacapa Ballroom

Moderator: Barry Smith, Shareholder, Buchalter Nemer

Panelists: Paul Alexander, Senior Vice President and

Director of Special Assets, Santa Barbara Bank & Trust, N.A. Steve Chang, SVP, East West Bank Leslie Reuter, SVP & Manager Commercial

Special Assets, California Bank and Trust Joel Steiner, Vice President, Union Bank of California

10:30 – 11:30 a.m. Defending SAD Resources

during Changing Economy Location: Anacapa Ballroom

Moderators: Greg Meis, SVP and Special Assets Manager, City National Bank Speakers: Greg Bloyd, Vice President, Section Manager-

California, Bank of the West John Houten, EVP and Chief Lending Officer, Sun West Bank Bruce McAbee, EVP and Chief Credit Officer, Fresno Madera Farm Credit


Featured Speakers


David Auchterlonie, Chairman & CEOThe ScOTLAnd GrOup

Mr. Auchterlonie founded The Scotland Group, Inc.® in 1986. The firm specializes in assisting underperforming and distressed businesses through hands-on corporate turnaround management. The firm’s outstanding record of success results from the involvement of line management CEOs in each client engagement.

Mr. Auchterlonie is actively involved in community activities. He serves as Past-Chairman of the internationally recognized Turnaround Management Association (TMA), a 8,500 member global professional trade association. Further, he serves on the Board of Advisors of an internationally based distressed debt fund and is a past Board member of TMA (12 years) and of the Association of Certified Turnaround Professionals (6 years).

He has recruited, mentored and supervised CEOs serving the firm’s clients in multiple industries, all in highly distressed settings. Further, Mr. Auchterlonie has provided his turnaround expertise as CEO to clients in retail, healthcare, consumer products, transportation, food, manufacturing, distribution, and telecommunications, among other industries. Under his leadership the firm has served over 200 underperforming or distressed businesses since its founding. These client engagements include representation of companies, bank groups, creditor committees and equity sponsors both outside and inside bankruptcy proceedings.

Prior to forming his firm he was a financial officer for three public companies, where he created substantial value (Tiger International, Redken Laboratories and Applied Magnetics). Mr. Auchterlonie began his career in 1968 with Price Waterhouse in Los Angeles, where he had engagement responsibilities for Fortune 500, middle market and emerging business clients.

He received his Bachelor of Science degree in Business Administration from California State University, Northridge in 1969. He is a Certified Public Accountant and a member of the AICPA. After completing a rigorous certification process, the Association of Certified Turnaround Professionals officially designated Mr. Auchterlonie as a Certified Turnaround Professional (CTP) in November 1996. In October 2008, the Turnaround Management Association inducted Mr. Auchterlonie into its Hall of Fame for his direct involvement to develop turnaround management from a cottage industry into a worldwide profession.

Mr. Auchterlonie is a frequent speaker at seminars related to corporate renewal and turnaround management. He has also authored several articles related to corporate turnaround management.

He lives with his wife Barbara, an attorney, in Corona del Mar, California. He is a father of three grown sons and proud grandfather to five grandchildren.

Featured Speakers


Featured Speakers

Scott Avila, Managing PartnercrG

With more than 20 years of management and consulting experience, Scott Avila is a seasoned restructuring professional. Mr. Avila helps operationally and financially distressed organizations through out-of-court restructurings and Chapter 11 reorganizations. His broad industry experience includes:

Agriculture and Forestry Arts, Entertainment and Recreation Construction and Real Estate, Consumer Products, Finance, Rental and Leasing, Healthcare Manufacturing, Media Printing and Publishing, Restaurants and Hospitality, Retail, Trade Telecommunications, Transportation, and Warehousing

Mr. Avila has been instrumental in a number of prominent restructurings, assuming various senior executive and advisory roles on an interim basis, including:

Chief restructuring officer (CRO) of a $250 million international motorcycle products manufacturer and distributor;Advisor for a $12 billion farm cooperative;Advisor to the bondholders of a Continuing Care Retirement Community;CRO for a temporary staffing company;CRO and chief operating officer (COO) of a $900 million international leasing and computer reseller;CRO of an international consumer products company;CRO of an international publishing and media company;CRO of a $250 million branded apparel manufacturer and distributor.

Mr. Avila received his bachelor’s degree in business administration from California State University at Hayward and an MBA from the University of Southern California. He is actively involved in numerous professional organizations, and frequently speaks and writes on topics related to turnaround management and corporate renewal. Mr. Avila also serves on the board of directors of DGT Holdings Corporation.

Greg Badura, SVP & Manager, Special Assets Dept.cAThAy BAnk

Gregory Badura is a senior vice president and manager of the Special Assets Department at Cathay Bank since 2005.

Prior to Cathay Bank he worked with a commercial finance company in asset based lending for twelve years involving restructure, assets sales and liquidation of a variety of firms across the country. Additional time was send with a west coast based bank for twelve years in assets based lending and their special asset department. His banking began at a major mid-west based bank in credit administration and asset based lending.


Joel Berman, PartnerJeffer, MAnGeLS, BuTLer & MiTcheLL

Joel Berman is a partner in the Los Angeles office of Jeffer Mangels Butler & Mitchell LLP.

Joel Berman’s practice, spanning nearly 30 years, includes general business, corporate and commercial law. Joel assists business owner clients in preparing for, implementing and completing sales and other capital events, such as equity capital raises and borrowings.

As co-chair of the Financial Services Group, Joel is a discerning specialist in secured transactions with an emphasis on asset-based lending, creditors’ remedies and loan workouts. In addition, Joel has extensive experience representing all types of lenders and also represents parties in structuring and implementing mergers and acquisitions.

Joel’s work principally involves acting as general and strategic counsel for small- and middle- market companies; negotiating stock and asset acquisitions; structuring and documenting all elements of financial transactions, including revolving and term loan agreements, subordinated and senior debt transactions, syndicated transactions, leveraged buyouts, loans secured by all types of collateral, agency, participation and intercreditor agreements, equipment leases and letter of credit facilities; and exercising all forms of creditor’s remedies.

In addition to his transactional experience, Joel has extensive experience in conducting and supervising commercial litigation in the state and bankruptcy courts. Joel has been the lead attorney in charge of workouts involving personal property, real property, mixed collateral and unsecured loans for national banks, community banks, mortgage companies, financial institutions, manufacturers and other business entities.

Joel is a graduate of Harvard College and Harvard Law School and is a Fellow of the American College of Commercial Finance Lawyers.

Greg Bloyd, Vice President, Section Manager-CaliforniaBAnk Of The WeST

Gregory Bloyd is currently Section Manager for California Special Assets at Bank of the West. Greg is responsible for managing workout teams in both Southern and Northern California, including the Large Commercial Workout group, as well as the Small Business Unit workout and collection unit. In addition, Mr. Bloyd also manages some of the more complex C&I relationships including real estate related transactions.

Prior to Bank of the West, Greg was Senior Vice President and Manager of Citizens Business Bank Special Assets Department up to October 2010, where he designed and setup a formal Special Assets Department for the bank. His responsibilities also included oversight and management of assets acquired under a FDIC guided loss-sharing program. This included the design and implementation of systems, controls and reporting as well as the implementation of evaluating and mitigating loss under the FDIC share program.

Gregory Bloyd was Senior Vice President and Manager of the City National Bank Special Assets Department from December 2002 through March 2009 and managed a department that had in excess of $250Million in assets under management of a $15 Billion dollar bank in California and Nevada. Mr. Bloyd oversees and is responsible for a

Featured Speakers


Featured Speakers

department that manages substandard loans with an emphasis on debt restructuring, turnaround, rehabilitation and liquidation of troubled companies. Duties include managing and monitoring portfolios addressing various legal issues and regulatory concerns until rehabilitation is completed or exit financing has been obtained. Current portfolios consist of various types of companies including, but not limited to, construction, real estate development, transportation, import-export, servicing and manufacturing.

Prior to his employment with City National Bank, Mr. Bloyd had spent 19 years in the workout/troubled debt arena with First Interstate/Wells Fargo Bank in both Nevada and California where he managed both portfolios and was a team leader for a workout group. In addition to managing both portfolios and teams of workout officers, Mr. Bloyd designed and taught a specialized accounting course on lending and workout accounting for contractors.

Mr. Bloyd has a Bachelors Degree from the University of Colorado-Denver. In the late 1980’s, he became part of a special program in which relationship managers were provided specialized training in restructuring and workout of troubled and distressed companies through First Bank Systems/U.S. Bank. In addition, Greg has studied and passed three of the four parts of the CPA exam, to help strengthen his accounting skills and improve his abilities in the restructure and turnaround arena. He has also taken graduate level classes in personal income tax and corporate income tax.

Jeff Brandlin, PresidentBrAndLin & ASSOciATeS

Jeff Brandlin founded Brandlin & Associates in 1980 to fulfill the unique needs of capital sources, service industry firms and closely-held businesses. His vision for B&A has resulted in an exceptional accounting firm that:

* Spans the chasm between capital sources and their borrowers/investments; * Lowers the operating costs of routine accounting functions for service industry firms; and * Maximizes cash flow and profitability for closely-held businesses.

Jeff and his colleagues combine superior technical expertise with years of practical experience to add value to their clients with such services as: litigation support; workout consulting; collateral review for lenders and investors; representation of debtors in possession, creditors, trustees and receivers; forensic accounting; financial due diligence; operational consulting; financial statement preparation; and accounting.

Jeff’s extensive experience encompasses serving clients in a broad range of industries, including: corporate, asset-based and mezzanine lenders; equity sponsors; manufacturing; distribution; software; clothing manufacturers; food processors and packaging; entertainment; food service; oil and gas production, refining and distribution; healthcare; construction; retail; financial and professional services; merchants; and non-profit organizations.

He graduated from San Diego State University in 1972 with a Bachelor of Science degree in Accounting, has been licensed to practice accountancy in California since April 1976 and is a Certified Insolvency and Restructuring Advisor (CIRA).


Curtis Burchard, EVP, Regional Manager, Special AssetsBBvA

Mr. Burchard is Executive Vice President and Regional Manager over the Texas, West (AZ, CO, NM), and Loss Share Divisions of BBVA Compass - Asset Recovery Management & Solutions, and a member of the bank’s Executive Management Team.

With 29 years of banking experience, Mr. Burchard joined Compass Bank in 1990 and has held a number of leadership positions in Alabama, Texas, Arizona and Colorado. He has served as Senior Lending Manager, Loan Administration Manager, Senior Credit Officer – Colorado and Arizona, Manager of Commercial Real Estate and Residential Construction Lending – Houston, and Manager of the National Residential Real Estate Group. Prior to joining Compass Bank, Mr. Burchard was with Interfirst Bank, Bank of Oklahoma and Alliance Bank from 1983 - 1990.

Mr. Burchard earned a bachelor’s degree in accounting from Southwest Texas State University.

A. Barry Cappello, Managing PartnercAppeLLO & nOËL

A. Barry Cappello, managing partner, is recognized as one of the nation’s leading trial lawyers and authorities on complex commercial litigation including lender liability, class actions, catastrophic personal injury matters and environmental litigation.

He is the author of Lender Liability (800 pages, Juris Publishers), the first and leading treatise on the subject.

Mr. Cappello has successfully tried jury trials with total verdicts in excess of $300 million and negotiated over $1 billion in settlements and workouts for his clients. These include a favorable $246 million asset buyout of AllStar Inns, Inc. by Motel 6; a $70.8 million verdict for an aircraft manufacturer against General Electric Capital Corporation; a $54 million jury verdict for his client in an intellectual property case involving a children’s book author and a television producer; a $44 million verdict for a family of apple farmers against Bank of American; a $44 million verdict against employees of a local hedge fund after they attempted to seize the business; and a $12.5 million verdict for a furniture manufacturer against Union Bank. Mr. Cappello successfully represented singer/actress Courtney Love in a contract/royalty case against her recording company UMG Recordings.

Mr. Cappello has been the lead attorney in class action cases within the firm that have resulted in millions of dollars in compensation to class members. In 2005, Mr. Cappello was instrumental in settling a long-standing dispute against Boeing regarding toxic air contamination in neighborhoods adjacent to Boeing facilities near Simi Valley and in the San Fernando Valley — both suburbs of Los Angeles. The 8 1/2-year case involved 175 victims of cancer caused by pollution from the Boeing facility and resulted in a multi-million dollar settlement. Mr. Cappello also represented plaintiffs in catastrophic personal injury cases including the wrongful death of a 4 1/2 year-old boy who drowned at an exclusive athletic club. The jury returned a $16.2 million verdict, the largest in the City of Santa Barbara’s history for a case of its type.

Featured Speakers


Featured Speakers

He recently co-tried a lending discrimination class action with law partner Leila Noël against Wells Fargo Bank. In March 2011, a jury found that the bank violated the Unruh Civil Rights Act, returning a multi-million-dollar verdict penalizing the bank for discrimination and compensating minority borrowers in the class.

Mr. Cappello has contributed numerous articles on complex business litigation, lender liability and advanced trial techniques to business, legal, accounting and trade publications. Publications include Trial, the Daily Journal, the National Law Journal, Cashflow, California Real Estate Journal and the Commercial Real Estate Journal, He has appeared on national radio and television programs including “20/20″ and on CNN. Mr. Cappello frequently speaks to legal and business audiences around the country including the American Bar Association, Los Angeles County Bar Association and the Consumer Attorneys Association of Los Angeles. In 2006, he was selected as the featured speaker at the 8th Annual Irving H. Green Memorial Lecture at UCLA School of Law.

Before entering private practice, Mr. Cappello served a seven-year tenure as City Attorney of Santa Barbara. During that period, he was the chief litigator against Union Oil, Mobil, Gulf and Texaco for the massive 1969 Santa Barbara Channel oil spill. The disaster and the ensuing litigation awakened the nation’s consciousness to the dangers to our environment and the tragic consequences if not protected. The case was settled in 1974 shortly before trial for $9.45 million.

Prior to being appointed City Attorney of Santa Barbara, Mr. Cappello prosecuted numerous murder, business crime and major felony cases. He was Assistant District Attorney and Chief Trial Deputy in the Santa Barbara County District Attorney’s Office. Mr. Cappello also served as a Deputy Attorney General for the State of California assigned to the special Trials and Investigations Division.

In 2007, Mr. Cappello was selected as one of the Top 100 Trial Attorneys in California by the National Trial Lawyers Association. He has been named a “Southern California Super Lawyer” since 2007. Listed in “Best Lawyers in America” since 1992 and in “Who’s Who in America.” Born and raised in Brooklyn, New York, Mr. Cappello graduated from UCLA in 1962 with an A.B. and from UCLA School of Law in 1965.

Steve Chang, SVPeAST WeST BAnk

Steven Chang is a Senior Vice President at East West Bank since 2003. Starting 2007, his added responsibilities included disposition and workouts of distressed assets. Since 2010, Steve has also been deeply engaged with the disposition and workouts of the distressed assets from United Commercial Bank (CA) and Washington First International Bank (WA) which East West Bank acquired through FDIC. Steve continues to be a key participant and instrumental in the management of the distressed assets.

Prior to his involvements with distressed assets, Steve has been in business development since 1991. With the experience of both origination and workouts, he brings a balanced outlook to each asset.


Robert Coleman, Regional Accountantfdic

Robert Coleman is the Regional Accountant for the FDIC’s San Francisco Region. He was a bank examiner 13 years and a FDIC Accountant for 14 years. Robert graduated from Wichita State University and the University of San Francisco School of Law. Robert passed the CPA examination in 1987 and is a member of the American Institute of Certified Public Accountants.

Jeffrey M. Curry, Managing DirectorfTi cOnSuLTinG

Jeffrey M. Curry is a managing director in the FTI Consulting Forensic and Litigation Consulting segment and is based in Washington, DC. Within the Forensic and Litigation Consulting segment, Mr. Curry manages the financial and risk management practice, focusing on enterprise risk management, risk governance, liquidity risk management, stress-testing, risk analytics and model validations, asset/liability management, risk assessment, and related board and management training. He also advises clients on financial management including investment and interest rate risk management; capital markets management; financial modeling and analysis; and related regulatory consulting. Mr. Curry also manages the firm’s financial model validation service and has lead over one hundred such validation projects. Mr. Curry has 33 years of experience in the financial services industry. He joined FTI Consulting from LECG, where he was a Director in the Financial Services Practice for four years. Prior to joining LECG he was a partner at the Secura Group, where he joined the firm in 1996. Mr. Curry was the first Senior Capital Markets Officer with the Office of Federal Housing Enterprise Oversight (OFHEO), the primary regulator for Fannie Mae and Freddie Mac, the nation’s secondary mortgage market agencies. While at OFHEO between 1993 and 1996, Mr. Curry directed the first-ever examinations of the financial operations of the mortgage agencies and assisted in the development of OFHEO’s comprehensive risk-based capital model. Before that, Mr. Curry was assistant director at the Office of Thrift Supervision, where for five years he focused on risk management and capital markets issues, and co-led a team that was involved in the supervision and resolution of large troubled thrift institutions at the height of the savings and loan bailout.

Earlier in his career, Mr. Curry held various senior consulting and officer positions in financial and risk management at several major institutions in the financial services industry, including Citicorp and First Interstate Bancorp. He was one of the original employees at US Central Credit Union, a wholesale central banking organization for the credit union industry.

Mr. Curry received a M.S. in finance, with a specialization in investments and capital markets, as well as a B.S. double-major in finance and accounting, from the University of Wisconsin at Madison.

Featured Speakers


Featured Speakers

Ron Derington, Senior Examination Specialistfdic

Ron Derington is a Senior Large Financial Institution Examination Specialist, working with the Mid Tier Bank Branch of the FDIC’s Division of Risk Management Supervision. The Mid Tier Bank Branch oversees safety and soundness risks of insured depository institutions ranging in size from $10 billion to $100 billion in total assets, leading and participating in examinations throughout the country in cooperation with local FDIC offices and other agencies. In his current position, Ron is stationed in the San Francisco Regional Office, but reports directly to Washington DC.

Ron has 22 years of bank examination experience, all with the FDIC. The bulk of his career has been as a Field Examiner working out of the Southern California Orange County Field Office in positions of progressively increasing responsibility. Immediately prior to becoming a Senior Examination Specialist, Mr. Derington served for four years as a Dedicated Examiner-in-Charge (EIC) in the FDIC’s Large Bank Program, where he was responsible for leading examinations of multiple related banks in excess of $10 billion in total assets. During that extended assignment, Ron gained significant expertise in matters pertaining to valuation of distressed collateralized debt obligation portfolios, administration of impaired loans, troubled debt restructure accounting, and related issues.

Mr. Derington is also a former instructor and course developer in the FDIC’s Directors’ College Program. Ron has participated in over 200 bank examinations, including approximately 50 assignments as EIC. His EIC experience spans FDIC supervised banks of all sizes and condition, and he also frequently leads targeted asset quality reviews, including numerous Shared National Credit examinations. When he’s not on the road traveling from bank to bank, Ron enjoys relaxing with family, especially spending time with his two young grandsons.

Michael Fletcher, PartnerfrAndzeL rOBinS BLOOM & cSATO

Mr. Fletcher is an AV Rated lawyer whose practice emphasizes commercial, real estate, and bankruptcy litigation; major debt workout negotiations, restructuring, and documentation of commercial, personal property and real estate-secured, and construction credits. Mr. Fletcher served as research assistant to Peter Coogan, one of the original draftsmen/correspondents of the Uniform Commercial Code. He has lectured to client groups and organizations such as Robert Morris Associates. Mr. Fletcher is a member of the Commercial Law and Bankruptcy Section of the Los Angeles County Bar Association, the State Bar of California, the Los Angeles Bankruptcy Forum, the Financial Lawyers Conference, the American Bankruptcy Institute, and the American Bar Association.

Mr. Fletcher was born in Salinas, California, in 1951. He earned his B.A. with distinction from Stanford University in 1973 and his J.D. from the University of Southern California in 1976. He was admitted to practice in California in 1976.


Barry Freeman, PartnerJeffer, MAnGeLS, BuTLer & MiTcheLL

Barry Freeman specializes in bank and asset-based lending, creditor rights and Article 9 of the UCC, and is a member of the Firm’s Corporate and Bankruptcy Reorganization Group, resident in the Los Angeles office.

Barry’s practice focuses on all aspects of secured and unsecured lending, banking, asset based and unsecured lending, syndicated and participated credits, representing both agents, participants and line banks; workouts and restructurings; creditors’ rights; business bankruptcies; corporate reorganization; real estate; agricultural lending; and litigation counseling involving lender liability issues.

Barry represents manufacturing clients in a variety of fields, including the sale and distribution of manufactured goods on open account and secured basis and has substantial expertise in the automotive, tire, and agribusiness industries.

Barry also represents auctioneers and possesses substantial expertise in this industry, and has conducted several seminars on a national basis to fulfill the auction industry’s continuing education requirements.

An active national lecturer, Barry serves as an instructor for the American Bar Association Business Law Section’s Loan Documentation Committee, the California State Bar’s Continuing Education of the Bar Programs on “Bankruptcy Reorganization, Debtor- Creditor Rights and Secured Transactions,” and several times a year for The Practicing Law Institute and The Banking Law Institute on national panels.Barry is an active arbitrator of commercial disputes for The American Arbitration Association.

Barry has been elected as a Fellow in the American College of Commercial Finance Lawyers. He is also a past chair of the Loan Documentation Committee of the American Bar Association’s Business Law Section and is a past chair and current vice chair of the California State Bar Association’s Agribusiness Committee. He is a member of the Advisory Council for The Banking Law Institute.

Barry is a member of the California and Montana bars, and he is admitted to practice in the States of California, Montana, their respective State and Federal Courts, and the Supreme Court of the United States.

Bill Freeman, Partner piLLSBury WinThrOp ShAW piTTMAn

Mr. Freeman is an Insolvency & Restructuring partner with the Los Angeles office of Pillsbury Winthrop Shaw Pittman LLP. He practices in the area of creditors’ rights. His principal areas of emphasis include all aspects of bankruptcy law, negotiating and drafting commercial credit and collateral agreements for institutional clients in a problem loan or work out context, and the Uniform Commercial Code.

Mr. Freeman provides creditors’ rights advice and services for domestic and foreign banks, indenture trustees, investment funds, bondholders, distressed debt investors, insurance companies and trade creditors. He represents official and unofficial unsecured creditors’ committees and bondholders’ committees in major bankruptcy cases throughout the United States. In addition, he represents real estate developers, funds and real estate equity interests

Featured Speakers


Featured Speakers

in connection with the acquisition and disposition of distressed real estate both within and outside of formal reorganization proceedings. Mr. Freeman also represents clients in the acquisition of assets, claims and/or equity in connection with Chapter 11 bankruptcy proceedings.

Mr. Freeman earned a bachelor’s degree from the University of Michigan and a J.D. from the University of California, Hastings College of Law.

Charles Fulton, Counsel federAL depOSiT inSurAnce cOrpOrATiOn

Mr. Fulton has been with the FDIC since 1989. Mr. Fulton principally works on the resolution of failed financial institutions. He has worked on 10-year long assistance agreements arising out of the U.S. savings and loan crises, purchase and assumption agreements, conservatorship and bridge bank resolutions, and shared-loss transactions for the FDIC. Mr. Fulton was graduated from Syracuse University in 1976, with a degree in Classics. He earned his law degree at Marshall-Wythe School of Law, College of William and Mary, in 1980, and is a member of the Virginia Bar. Prior to becoming a lawyer, Mr. Fulton taught Latin and history at a private military academy.

Cheri George, SVP Special Assets ManagercALifOrniA BAnk And TruST

Ms. George is the RE Special Assets Manager (Irvine Office) of the FDIC Supported Unit at California Bank and Trust. To date, CBT has purchased two Banks from the FDIC under the Loss Sharing program. Handling problem assets under the guidelines of Loss Share provides an additional dimension to the world of problem loans. She has been working for CBT as a result of the acquisition of Vineyard Bank who was seized by the FDIC on July 17, 2009. The assets managed by the group include construction subdivision loans, land loans, commercial real estate loans, retail, apartments, yachts, and a variety of loans made to industry specific real estate related borrowers.

She joined Vineyard Bank to be part of the solution and in a little over a year the portfolio of problem assets grew to almost 500 Million. For 13 years prior she worked for National Bank of Southern California, who became Southern California Bank and ultimately was acquired by US Bank. For most of those years she managed the regional construction real estate group. She also spent 6 years at Sunwest Bank managing the real estate group. While at Sunwest, the real estate market experienced another down turn in the cycle.

Cheri started her real estate career at Crocker National Bank in San Francisco. In the early 80’s interest rates climbed in the double digits and Lenders were heavily laden with construction projects. She was selected to manage one of the work out teams, which involved all types of real estate workouts, foreclosures, build outs, etc.

This is her third tour of duty in the special assets forum. She finds the work fun, challenging, and fascinating with every day bringing new issues and problems daily. This most recent cycle has been the most interesting by far, and is a career that has great appeal to her.


JP Gough, CEOOrAnAGe cOunTy BuSineSS BAnk

JP Gough is the Founder, Chairman & CEO of Orange County Business Bank, which opened its doors on December 26, 2002. Before forming the bank, JP had a very diverse financial career, including:

World Bank (in the areas of urban planning & development and in venture capital in Latin America), Merrill Lynch (special projects for executive management and ongoing risk management assessment of all trading & underwriting of equities, fixed-income and derivatives worldwide for the Executives and Board of Directors); Manufacturers Hanover Trust (commercial credit and lending in Latin America), and Deloitte & Touche advising ministries of finance, central banks and commercial banks of all sizes worldwide (Global Director, Financial Institutions Advisory Services Group).

JP was also a candidate for the US Senate from California in 1999-2000.

Ron Greenspan, Senior Managing DirectorfTi cOnSuLTinG

Ronald Greenspan is a senior managing director and the West region leader in FTI’s Corporate Finance practice and is based in Los Angeles. Mr. Greenspan is an internationally respected finance and business reorganization professional with 25 years of diverse, hands-on experience. Mr. Greenspan applies his broad background to a wide variety of consulting, litigation and bankruptcy engagements, including corporate turnarounds, financial restructurings and bankruptcies. He is experienced in representing all stakeholders, including debtors, creditors and equity interests.

Prior to joining FTI, Mr. Greenspan was a partner with PricewaterhouseCoopers. Prior to that, he held senior management positions as the chief operating officer of Los Angeles Land Companies, the executive vice president of Brookside Savings & Loan Association and the executive vice president of The Heritage Group.

Mr. Greenspan has contributed articles to TMA Journal of Corporate Renewal, ABI Journal, American Banker, Daily Bankruptcy Review and the Urban Land Institute. His most recent articles were “Predicting Corporate-Default Cycle Upended by History-Bucking Trends” (Daily Bankruptcy Review, 2007), “Homebuilders: A Cycle Unlike Prior Cycles” (Daily Bankruptcy Review, 2006), “KERP’s Are out, But Incentives Are In” (TMA Journal of Corporate Renewal, 2006), ‘“UnTill” We Meet Again: Why Till Might Not Be the Last Word on Cram Down Interest Rates” (ABI Journal, 2004), “The Un-real World of Troubled REITs” (ABI Journal, 2001) and “When Are Servicing Rights Born?” (American Banker, 2000).

Mr. Greenspan has given numerous speeches and presentations at conferences, seminars and forums over the past 15 years. His topics have included “Introduction to Restructurings & Reorganizations for Asset Based Lenders,” “Subprime and Warehouse Lending,” and “Introduction to Bankruptcy.” He also taught classes as a visiting instructor on financial, restructuring and real estate issues at the Northwest Center for Continuing Education, UCLA and UC Irvine Extension, and the University of Southern California’s Graduate School of Business.

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Featured Speakers

Mr. Greenspan holds a J.D. from Harvard Law School and a B.A. in economics from the University of California, Los Angeles. He is a certified insolvency and restructuring advisor. Mr. Greenspan is a fellow of the American College of Bankruptcy. He is a member of the American Bankruptcy Institute, the Urban Land Institute and the Association of Insolvency and Restructuring Advisors. He is the president and serves on the board of directors of the Los Angeles Bankruptcy Forum.

Bill Hoffman, President & CEOTriGiLd

William Hoffman is president and CEO of Trigild, a San Diego-based company he founded in 1976. He has over 30 years experience as an attorney, is a California licensed real estate broker and has served as the court appointed fiduciary for over 1,500 assets, among them hotels, commercial office buildings, retail shopping centers, residential projects and restaurants. In addition, Mr. Hoffman is recognized by the American Hotel and Lodging Association as a Certified Hotel Administrator, and is a former president of the California Lodging Industry Association (CLIA), serving seven years on CLIA’s Board of Directors. Currently, he serves on the American Bar Association’s Hotels, Resorts & Tourism Executive Committee, as well as on the Board of Directors for the San Diego Receivership Forum. He is also a member of the Turnaround Management Association, the Commercial Mortgage Securities Association, and the American Lodging Industry Association and served on the California Tourism Selection Committee. He is a frequent lecturer at conferences and conventions for hoteliers, bankers, and lawyers and was instrumental in developing the annual Trigild Lender Conference, an increasingly important national forum for the financial industry.

Mr. Hoffman has authored hundreds of articles for numerous hospitality, real estate, business, finance, and general publications, and has also been interviewed about issues related to commercial real estate for various media, such as National Real Estate Investor, the Los Angeles Times, Bloomberg News, Real Estate Forum, The New York Times, GlobeSt.com and The Wall Street Journal.

His unique blend of expertise in management, law, and real estate qualifies him as an expert witness-and has led State and Federal Courts to appoint him as Receiver, Chief Restructuring Officer or Custodian for troubled real estate assets across North America.

John Houten, EVP and Chief Lending OfficerSun WeST BAnk

John Houten has been in charge of the problem loan resolution of 3 FDIC assisted bank transactions since 2010. He manages Special Assets Group to maximize collection of loans acquired on a whole bank negative bid basis. He has also established a web based lending platform for organic loan origination. Prior to his joining Sun West Bank, Mr. Houten was the Manager of Commercial Real Estate Department at California National Bank. He managed the loan origination team with peak commitments and loan outstandings in excess of $1.4 billion and $775 million respectively. Ms. Houten began his banking career in 1982 with Security Pacific Bank. He later worked for Sanwa Bank, Commercial Center Bank and First Security Bank. Mr. Houten holds a Bachelor of Science in Economics/Finance from Bentley College.


Sidney S. Jordan, SVP & Manager Loan Acquisition Unit Syndication DivisionBAnk Of The WeST

Over twenty five years of experience in corporate and investment banking including managing line units as well as serving in a credit administrator capacity. Worked for both domestic and international banks. Spent 15 years in the leverage finance sector. Currently:Senior Vice President – Manager Loan Acquisition Unit Syndication Division Bank of the West

•SupervisethebuysideactivitiesofBankoftheWest.Developandmanageaportfolioofcorporateloanswithcommitments of $375 million and $285 million in outstanding loans.

•Responsibleforworkingwiththelineunitstohelpstructureandwinmandatesforagentedfacilities.•ActastheprimaryliaisonwithMoneyCenter,Investment,andRegionalBanks.•Responsibleforallsecondarytradingofcorporateloans,bothbuyandsellsideincludingdistressedassets.•WorkwithSpecialAssetDivisiontohelpcoordinateexitstrategyfordistressedassets.

Elizabeth Khachigian, Senior Vice President and Assistant General CounselcOMericA BAnk

Elizabeth M. Khachigian is Senior Vice President and Assistant General Counsel at Comerica Bank, responsible for managing the attorneys and legal staff who support the bank’s Special Assets Group nationally. Her practice focuses on creditor’s rights, commercial loan restructuring and workouts, insolvency and litigation, as well as national loan sales and bank policies and procedures. Prior to joining Comerica, she represented a wide range of clients, including financial institutions, high tech companies, and manufacturers in the area of creditor’s rights, lending, restructuring, bankruptcy, contract disputes, distressed asset acquisition and commercial litigation matters while working for national law firms.

Ronald W. Liese, Vice PresidentGOrdOn BrOTherS GrOup

Responsible for meeting clients to assist in evaluating various methods of marketing various types of equipment assets. Provide business valuation and appraisal service for various categories of equipment in the industrial market segments as noted.

Marketing, liquidation and valuation experience in the following industrial equipment segments:General & Heavy Construction Trucking & Transportation Aircraft & Ground Support Eqt Rental Equipment DealersFarm & Agriculature Eqt Auto Process ControlsAggregate & Concrete Asphalt & PavingUnderground & Pipe Line Const Industrial Rail Equipment

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Featured Speakers

Surface & Underground Mining Coal Handling & ProcessingOil Field Service & Drilling Eqt. Transload Rail/TruckBulk Process & Kiln Operations Utility Line ContractorsAuto Repair Shops & Equipment Machine Tools/Fabrication Food Process & Packaging Eqt. Logging & Sawmills

•Twenty-fiveyearsofindustrialequipmentappraisalexperienceintheindustrialsegmentsaspreviouslynoted.•Twenty-eightyearssalesandmarketingexperienceforalltypesofnewandusedequipmentforindustrial

segments as previously noted.•Twenty-twoyearsofexperienceintheindustrialequipmentauction-liquidationmarketwithemphasison

relationship marketing with all types of clients involved in industrial segments as previously noted.

EDUCATION: Master’s Business Administration, Bachelor’s of Science Business Administration

CONTINUING EDUCATION:Advanced Application of Cost Approach Appraisals, Am. Society of AppraisersGraduate Auctioneer, Missouri Auction SchoolCertified Appraisers Guild of AmericaUniform Standards of Professional Appraisal PracticeAppraisal Ethics, American Society of Appraisers

Bruce McAbee, EVP and Chief Credit OfficerfreSnO MAderA fArM crediT

Mr. McAbee currently serves as Executive Vice President and Chief Credit Officer for Fresno Madera Farm Credit. Fresno Madera Farm Credit is a $910 million agricultureal lending cooperative headquartered in Fresno California. Mr. McAbee possesses 35 years of management, leadership, and Special Assets experience having served in al credit related capacities in Farm Credit, including CEO of an affiliated association. Mr. McAbee has experience in San Joaquin Valley agriculture lending, commercial banking, and Farm Credit, and has sereved Fresno Madera Farm Credit for 15 years. he has served in management and lead credit positions including the supervision of all special asset functions throughout his career at the Association.

Mr. McAbee received his Bachelor of Science degree in Agricultural Economics from Fresno State University. Mr. McAbee currently serves as a member of the Senior and Executive Management teams of Fresno Madera Farm Credit. Mr. McAbee has served as the Past President of the Board of AgVantis Inc., a technology service provider, and Past President of the Board of San Joaquin Valley Agricultural Lenders Society. Mr. McAbee and his wife currently reside in Clovis, California.


Gregory Meis, SVP and Special Assets ManagerciTy nATiOnAL BAnk

Greg Meis is senior vice president and manager of City National Bank’s Special Assets Department, a position he held in 2000. Between 2006 and 2009, Mr. Meis served as senior vice president and manager of Credit Risk Review. He also has served as senior vice president and senior loan officer at the bank’s Long Beach Commercial Banking Services office, as SVP and manager of the bank’s asset-based lending unit, and as a vice president and special assets officer. He joined City National in 1991 following nearly a decade with Lloyd’s Bank California/Sanwa Bank California. His expertise includes special assets, asset-based lending, equipment leasing, commercial lending and credit analysis. Mr. Meis serves on the Board of Directors of the Special Assets Management Association and the Risk Management Association’s Credit Risk Certification program. He has also had two articles published in the RMA Journal. Mr. Meis earned a bachelor’s degree cum laude in economics from Claremont McKenna College in Claremont, California. He is also a graduate of the Pacific Coast Banking School.

Seth Moldoff, SVP and Division Manager Credit Resolution GroupWeLLS fArGO

Seth Moldoff is a Senior Vice President, Northern Division Manager for Wells Fargo Bank’s Credit Resolution Group, based in San Francisco. He manages a team of relationship managers and administrative staff in San Francisco and Portland, OR who work on resolving complex problem loans.

Seth has worked for Wells Fargo for15 years. Prior to Wells Fargo, Seth worked for AIDC, Ltd, an Australian-based merchant bank, where he worked on resolving problem loans and equity investments, and Citibank, where he worked on resolving problem loans and financing highly leveraged transactions. Seth began his banking career with Continental Illinois National Bank in the Oil and Gas Lending Division. Seth has a BA in Economics and Anthropology from Brandeis University, Waltham, Massachusetts, and an MBA from the University of Michigan, Ann Arbor, Michigan. He is married and has three sons.

Featured Speakers


Featured Speakers

R. Todd Neilson, DirectorBerkeLey reSeArch GrOup, LLc

R. Todd Neilson is one of the nation’s foremost experts in bankruptcy and forensic accounting with over 30 years of combined experience in public accounting and as a Special Agent with the FBI. Prior to joining BRG, Mr. Neilson was a director with LECG LLC and a founding partner of Neilson Elggren LLP (formerly Neilson, Elggren, Durkin & Co.).In 1986, he was a founding partner of Neilson, Elggren, Durkin and Co., which was acquired by an international financial consulting firm in March 1998, where Mr. Neilson was a partner from March 1998 to September 2000. Prior to 1986, he was a manager in the Litigation/Consulting Services department of the international CPA firm of KMG/Main Hurdman for four years and also served as a special agent in the Federal Bureau of Investigation, specializing in accounting investigation of white-collar and organized crime. With his unique background, Mr. Neilson offers broad expertise in the areas of financial consulting and as an expert in the field of forensic accounting and fraud litigation.

Mr. Neilson is a seasoned professional having acted as a Trustee, financial consultant, and expert witness in numerous high-profile accounting-related litigation engagements involving complex bankruptcy reorganization matters including accounting and fraud issues, tracing of funds, financial data reconstruction, damages and lost profits, Ponzi and RICO matters, valuation, and business viability issues. Mr. Neilson has acted as bankruptcy Trustee for notable clients such as Mike Tyson, Suge Knight, and Death Row Records. As Trustee, he has also operated, and negotiated the sale of an extremely large and diverse array of assets, including one of the largest Ford dealerships in the nation, an ownership interest in both the Los Angeles Kings’ and Nashville Predators’ hockey franchises, luxury hotels, sand and rock quarries, antique art collections, real estate, and trucking companies. Having evaluated and sold well over $1 billion dollars of assets, and given Mr. Neilson’s practical, not just theoretical experience, he has been recognized as a credible decision maker and expert by numerous courts.

Mr. Neilson has served on the national Board of Directors of the Association of Insolvency and Restructuring Advisors, Chairman of the Securities Advisory Board in the State of Utah, faculty for the Certified Fraud Examiners, and a member of the Society of the Former Special Agents of the Federal Bureau of Investigation. He has spoken on bankruptcy, litigation support, valuation, and fraud related topics to numerous professional groups such as American Institute of Certified Public Accountants (AICPA), National Conference of Bankruptcy Judges, California and Utah Society of CPA’s, and numerous colleges and universities throughout the United States. Mr. Neilson presently serves as an Associate Professor in the Graduate School of Accounting at the University of Utah, where he teaches a course on Forensic Accounting. He also provides regular instruction on fraud related litigation issues at the FBI Academy to CPA/FBI Agents. He was a co-author of the AICPA Bankruptcy Practice Guide, issued as a practice aid to all CPA’s in the United States and co-author of The CPA’s Handbook of Fraud and Commercial Crime Prevention, also issued by the AICPA. He was also inducted as a fellow in the prestigious American College of Bankruptcy, one of only a handful of CPA’s in the United States given that honor.

Mr. Neilson has been involved in some of the highest profile litigation and bankruptcy matters in the nation.

EDUCATIONUniversity of Utah - Graduate School of AccountingAssociate ProfessorUniversity of UtahB.S., 1975


Isabelle Ord, PartnerdLA piper

Isabelle Ord is Of Counsel to DLA Piper’s Litigation practice, based in San Francisco. A seasoned trial lawyer, she has prosecuted and defended banking disputes for national and international banks in jury and bench trials. Ms. Ord has experience in the defense of financial institutions in disputes involving fraud, lender liability, Ponzi scheme and investment fraud, unfair competition and other complex matters. She also prosecutes claims for lenders and financial institutions, including credit recovery, loan participation and fraud claims.

Ms. Ord is a former Captain in the United States Army Reserve, Judge Advocate General’s Corps, and a paratrooper.

Richard Pachulski, PartnerpAchuLSki, STAnG, ziehL, & JOneS

Mr. Pachulski has extensive experience in business reorganizations as well as debtor/creditor litigation, and during the 1980s was a well-known chapter 7 and chapter 11 trustee. He has represented numerous debtors and creditors’ committees in both out-of-court workouts and in-court proceedings.

A representative sampling of Mr. Pachulski’s professional achievements include the successful chapter 11 reorganization in mid-1999-2000 of Breed Technologies (more than $1.6 billion of debt restructured); the 1996-97 chapter 11 reorganization of Sizzler International (over $200 million in debt); the 2001 chapter 11 reorganization of Covad Communications, one of the largest independent DSL providers in the United States (approximately $2 billion of debt restructured); and the successful chapter 11 reorganization in 2002-2003 of the software company Peregrine Systems (over $600 million in debt), which sold to Hewlett-Packard for $425 million. In 2006, Mr. Pachulski spent his primary time representing an ad hoc bondholders’ committee in the Adelphia Corporation matter in which he represented bondholders owed in excess of $1.5 billion. Most of those bondholders received in excess of 100 cents on the dollar on their claims. Mr. Pachulski was lead counsel in the restructuring of the debts of Toni Braxton, the internationally acclaimed artist, and lead counsel for the creditors’ committee of First Executive Corporation, resulting in the resolution of billions of dollars of alleged debt.

During 2007 and 2008, Mr. Pachulski represented debtors and creditors’ committees in numerous industries, though primarily in the real estate business and retail industry. A representative sampling of such matters included the representation of WL Homes, Inc. (aka John Laing Homes; debt in excess of $1 billion) and the creditors’ committee of Circuit City and affiliates (debt in excess of $2 billion).

During 2009 and 2010, Mr. Pachulski continued to represent debtors and creditors’ committees in numerous industries. In particular, Mr. Pachulski continued to represent the creditors’ committee of Circuit City, the debtor in MagnaChip Semiconductor with revenues of approximately $850 million per year and debt of nearly $1 billion, and various Lehman Bros. entities as a secured creditor with in excess of $2 billion of claims in the SunCal bankruptcies.Mr. Pachulski has been cited by several publications as a leader in the legal community. Mr. Pachulski has been cited annually by K&R Restructuring Register as one of America’s top 100 restructuring professionals; by the publication Turnaround & Workouts as one of the top national bankruptcy attorneys for 2001 (13 lawyers in total were identified); California Law Business as one of California’s 100 Most Influential Attorneys for the years 2001, 2002 and 2003; and by the Los Angeles Business Journal as one of 15 of the top banking & finance - turnaround artists.

Featured Speakers


Featured Speakers

Lisa Greer Quateman, Managing PartnerQuATeMAn LLp

Lisa Greer Quateman founded QUATEMAN LLP 21 years ago, following a large law firm partnership and practice in Los Angeles and New York. QUATEMAN LLP is a business law firm in Los Angeles that has a broad-based practice which encompasses transactional and advisory work focusing on five key areas of the law: real estate, corporate, finance, municipal, and international transactions. Lisa is a member of the State Bars of California and New York. QUATEMAN LLP has grown from a sole proprietorship to a firm of three partners and a total workforce of twenty-two.

Lisa is a native of Los Angeles. She attended U.C.L.A. where she received her Bachelor of Arts degree in 1974 (Phi Beta Kappa, Summa Cum Laude, Dean’s Honor List) and her Juris Doctor degree in 1978 (Scholarship Recipient, Phi Delta Phi).

Lisa has been selected as a 2010 Super Lawyer in the fields of Business and Corporate law. Also, in October 2009 the Los Angeles Business Journal selected her as one of L.A.’s Top 100 Lawyers. In addition, she was a 2009 Women Making a Difference nominee for the Los Angeles Business Journal’s Business Owner/CEO of the Year awards, honoring L.A.’s most successful women.

Lisa is an active member of the community. She is an appointed member of the State Bar of California’s Business Law Section Corporations Committee, serving as liaison to the Financial Institutions Committee.

She has served as Associate Editor of the State Bar Annual Review of Recent Business Law Developments and was Co-Editor of California Legislative Bulletin. Ms. Quateman has also served as a Consultant for Counseling California Corporations, California Continuing Education of the Bar, and for Mortgages and Deeds of Trust, California Continuing Education of the Bar.

From 1998 to 2005 Lisa served the City of Los Angeles as a member of the Board of Directors, and Chair of the Legislation Committee, of the Industrial Development Authority, City of Los Angeles, appointed and re-appointed by Mayors Richard Riordan and James Hahn. She is a 1997 graduate fellow of the Leadership LA program of the Southern California Leadership Network and is currently a member of its Board of Directors.

She frequently appears as a speaker or panelist at various trade organizations on business and real estate law topics, being a recent panelist at the Benjamin S. Crocker Symposium in March 2010. Lisa has been profiled by the Los Angeles Business Journal and The Bond Buyer, and has been featured in the Los Angeles Daily Journal.


Leslie Reuter, SVP & Manager Commercial Special AssetscALifOrniA BAnk & TruST

Leslie Reuter, Senior Vice President and Manager, Commercial Special Assets for California Bank & Trust has been working in the financial services sector since 1978. Leslie’s career in banking began with Crocker National Bank’s factoring subsidiary, where she was later promoted to vice president and manager for business banking. She went on to work at California Federal Savings and Loan, Security Pacific National Bank, Bank of America and Fleet Capital Corporation, where she gained experience in middle market and corporate lending, special assets, and asset based lending.

In 2004 Leslie joined City National Bank to run their Asset Based Lending (ABL) Department and her duties expanded to include managing the Sherman Oaks Commercial and Private Banking team, leading a team of over 50 colleagues. Later she joined the newly formed Commercial Banking Division executive team, with a focus on credit for the division and responsibility as well for Northern California Credit Process. She joined California Bank & Trust in April of 2009 and is managing the expanding Commercial Special Assets team, leading a team of over 30 colleagues located in multiple offices throughout the state of California.

Leslie holds a bachelor’s degree magna cum laude with honors in biology from Yale University and an MBA from Pepperdine University.

An active member of the community who formerly served as a board member of the Economic Alliance of the San Fernando Valley as well as the Commercial Finance Conference of California where she was the Treasurer, Leslie currently is a member of Special Assets Management Association (mySAMA.org). Leslie also has several published articles, including two with The Secured Lender and one with the RMA Journal. She is an enthusiastic advocate of green initiatives.

Bob Riiska, Managing DirectorfOcuS MAnAGeMenT GrOup

Mr. Riiska, Managing Director and head of Focus’ West Coast practice, has more than 20 years of turnaround and crisis-management experience, including Chapter 11, financial analysis and cash management. Bob has performed numerous consulting assignments and served in interim senior financial-management capacities. Bob’s consulting assignments have included the preparation of budgets used to obtain DIP financing, due diligence reviews, cash management for companies operating in Chapter 11, business plan assessments and viability analyses.

In a recent engagement, Bob served as the Financial Advisor to Monaco Coach Corporation, a leading manufacturer of recreational vehicles, during its Chapter 11 bankruptcy. The sale of the Company’s operating assets was completed to Navistar, Inc.

Bob also recently served as Financial Advisor to the DIP lenders of Hartmarx Corporation, the largest manufacturer of men’s suits and sport coats in the United States, where he provided close support for the secured lender group,

Featured Speakers


Featured Speakers

including on-site monitoring of the company’s operations, CRO activities, and various plans and initiatives of the company and its CRO. He reviewed its 13-week rolling cash flow and advised the lender group on viability of the forecasts and related budgets.

Bob served as Consultant to Advanced Marketing Services, a leading provider of merchandising, wholesaling, distribution and publishing services to the book industry, in its Chapter 11 filing. The Company had operations in the U.S., Mexico, the United Kingdom and Australia and employed approximately 1,200 people worldwide.

In a consulting engagement prior to joining Focus, Bob served as the Chief Financial Officer of a troubled publicly-traded telecommunications equipment manufacturer. Bob is a Certified Public Accountant. Turnarounds & Workouts magazine acknowledged Bob’s outstanding achievements in its listing of “People to Watch – 2009, Business Professionals Making their Mark”.

Thomas Robins, Chief Supervising Trial AttorneyfrAndzeL rOBinS BLOOM cSATO

Mr. Robins is the firm’s chief supervising trial attorney and personally tries many major cases for the firm’s clients. He has successfully handled jury and nonjury matters in the areas of lender liability defense (including claims arising out of the making or failure to make loans, embezzlement, letters of credit, wrongful setoffs, and operations-related matters), commercial transactions, real estate, unfair competition, employment, inverse condemnation, construction defects, land movement, flood-related problems, interpretation of insurance policies, the rights of policyholders, insurance bad faith claims, and creditors’ rights. His practice also emphasizes litigation of business claims as well as representation of financial institutions in fidelity bond claims, directors and officers liability claims, and other insurance-related matters. Mr. Robins was trial and appellate counsel in Bank of America v. Giant Inland Empire R.V. Center Inc., 78 Cal. App. 4th 1267 (2000) (tax sale avoided for failure of county to comply with statutory and due process requirements) and in Chatsky and Associates v. Superior Court, 117 Cal. App. 4th 873, 12 Cal. Rptr. 3d 154 (2004) (statute of limitations applicable to claims by depositors against their bank for payment of forged checks).

Mr. Robins served as Judge Pro Tem for the Los Angeles Municipal Court and the Los Angeles Small Claims Court in 1978, 1979, 1980, and 1981. He is a member of the Los Angeles County, and American (Section on Tort and Insurance Practice) Bar Associations, State Bar of California, Association of Southern California Defense Counsel, Association of Business Trial Lawyers, American Trial Lawyers Association, and American Board of Trial Advocates (Associate Member).

Mr. Robins was born in Portland, Oregon in 1946. He obtained his B.A. from the University of California at Los Angeles in 1969 and his J.D. from the University of Southern California in 1972. He was admitted to practice in California in 1972.

Mr. Robins’ practice emphasis is:Creditors Rights and Commercial LitigationBusiness Litigation


David Rosenthal, President & CEOcurTiS-rOSenThAL inc.

David Rosenthal, MAI, FRICS has over 28 years of experience providing commercial real estate appraisals, appraisal reviews and appraisal consulting for financial institutions, attorneys, corporations and public agencies throughout California. He is a founding principal of Curtis-Rosenthal, Inc., a commercial real estate appraisal firm with over 150 years of collective appraisal experience among its team of professionals. Mr. Rosenthal has testified as an expert witness in the Federal, Municipal and Civil Court Systems. Prior to founding Curtis-Rosenthal, Inc., Mr. Rosenthal was a corporate lending officer at Security Pacific National Bank.

He has an MBA in finance and accounting from the J.L. Kellogg Graduate School of Management at Northwestern University, and a BS in business/finance from the University of Florida. Mr. Rosenthal has lectured on real estate valuation at UCLA and Loyola Marymount University and he is a frequent panelist and public speaker. He is a regular author of articles for commercial real estate publications and his “Economic Update Report” is a feature on RENTV.com.

David Scheiber, Senior Vice President, Special Assets DepartmentBOSTOn privATe BAnk

David Scheiber is a Senior Vice President of the Special Asset Department for Boston Private Bank & Trust Company, a member of the Boston Private Wealth Management Group. Mr. Scheiber is a reorganization specialist with broad experience in Chapter 11 reorganizations and non-judicial restructurings. Mr. Scheiber has advised companies, financial sponsors, lenders, creditors, government agencies, and other interested parties in financially stressed situations and distressed transactions. Mr. Scheiber has over 30 years direct experience in distressed debt including the successful negotiation of over a hundred commercial restructurings. Mr. Scheiber has management experience in private equity, high yield bonds, leveraged loans, and cash flow CDO’s. Complimenting his workout experience Mr. Scheiber has held senior management positions in a variety of financial institutions and served as a board of director’s member for several publicly-held and privately-held companies.

Larry Schiff, EVP, Director of Credit Risk ManagementeAST WeST BAnk

Larry Schiff serves as Executive Vice President and Director of Credit Risk Management at East West Bank, Pasadena, CA. Mr. Schiff joined East West Bank in early 2010, after serving for several years as Director of National Credit Risk Management at KPMG, and as a Group Vice President in SunTrust Bank’s Credit Risk Management Division. Mr. Schiff spent the majority of his career as a commercial bank examiner with the Federal Reserve System, both in Washington, DC and in New York. Earlier in his career, Mr. Schiff was a Senior Vice President and Chief Financial Officer of a community bank in Honolulu. Mr. Schiff has lectured in Finance and International Finance at 5 universities, and he is presently a board member of the City of Hope Hospital’s LA Real Estate Council.

Featured Speakers


Featured Speakers

Sabeth Siddique, DirectordeLOiTTe & TOuche

Sabeth Siddique is a director at Deloitte & Touche LLP, where he leads the firm’s banking-related credit risk services within its Governance, Regulatory and Risk Strategies practice.

Prior to joining Deloitte, he was assistant director of banking supervision and regulation at the Federal Reserve Board (“the Fed”), where he was head of the credit risk department.

Sabeth was a key member of the senior Federal Reserve Board team that led the “stress test” during the financial crisis. During his nine-year tenure, he represented the Fed on numerous interagency supervisory programs and policy initiatives. Prior to joining the Fed, Sabeth had more than 10 years of experience in investment banking and corporate finance with leading global financial institutions.

Sabeth has an M.B.A. from Carnegie Mellon and bachelors of science degree in chemical engineering from Rutgers University.

Barry Smith, ShareholderBuchALTerneMer

Barry Smith focuses his practice on representing financial institutions and other business entities both domestic and international. Mr. Smith has extensive experience in business and commercial litigation, creditors’ rights, loan workouts and restructuring, provisional remedies, collections, postjudgment enforcement. He also handles complex defense litigation including tort, contract law and real estate.

Mr. Smith is a frequent speaker on creditors’ rights, enforcement of judgments, prejudgment remedies, workouts and turnarounds, wrongful termination, sexual harassment, business and banking fraud, arbitration, toxic waste, lender liability, legal ethics, probate estates and trusts and collection strategy and tactics. He speaks at numerous seminars and conferences including the Community Bankers of California, California Bankers Association, Western Independent Bankers Association, the Los Angeles County Bar Associations, and the Los Angeles Chamber of Commerce.

Mr. Smith was a Professor of Law at a Los Angeles law school teaching courses on trial tactics and litigation techniques. He was also named one of “Who’s Who In Banking and Finance” by The Los Angeles Business Journal.

Mr. Smith is a member of the Financial Lawyers Conference, American Trial Lawyers Association, Los Angeles Business Trial Lawyers Association, California Bank Counsel, the Los Angeles County Bar Association’s Commercial Law and Bankruptcy Section and The Provisional and Post Judgment Section. He is also an associate member of the Community Bankers of California, National Association of ChineseAmerican Bankers, Risk Management Association, Credit Managers Association and the Southern California Mortgage Association.

He received his B.S. Degree in 1967 and earned his J.D. Degree in 1970.


Scott Smith, ShareholderBuchALTer neMer

Scott Smith represents financial institutions, with an emphasis in commercial litigation, prejudgment remedies, receiverships, collections, loan workouts and insolvency issues.

Mr. Smith is a frequent speaker on bankruptcy, creditors’ rights (secured and unsecured), provisional and post-judgment remedies and commercial law. He speaks at conferences and seminars presented by the California Bankers Association, Community Bankers of California, National Association of Chinese American Bankers, National Vehicle Leasing Association, and Robert Morris & Associates.

Mr. Smith is a member of the Los Angeles Bar Association, the American Bar Association, the Financial Lawyers Conference, the Commercial Law League of America, the National Conference of Bankruptcy Judges and the California Bankruptcy Forum.

Mr. Smith received his B.S. in 1971 from the University of Southern California and his J.D. in 1974 from Loyola Law School.

Featured Speakers


Featured Speakers

Joel Steiner, Vice PresidentuniOn BAnk Of cALifOrniA

Joel Steiner is a Vice President within the Credit Risk Management Group of Union Bank, N.A. and is the Senior Credit Administrator responsible for overseeing the Real Estate Special Assets Department of Union Bank.

He has been with Union Bank’s Special Assets Group since the beginning of 2000.

While at Union Bank, he has been involved with both C&I and real estate workouts as a relationship manager and team leader. As a team leader, he was responsible for credit strategies involving the restructure and disposition of real estate distressed loan portfolios in the Pacific Northwest and Washington, D.C. markets.

His experience includes workouts & restructures ranging from lower middle market credits to large institutional & syndicated transactions. Prior to Union Bank, he worked for several large Japanese banks in commercial lending and real estate finance as well as special assets involving commercial, real estate and project finance credits.

Joel holds a bachelor’s degree from UCLA in economics and an MBA from Carnegie-Mellon University.

Wayne Terry, PartnerheMAr rOuSSO & heALd

Wayne R. Terry’s practice is concentrated on business and commercial litigation, specializing in creditors’ rights, U.C.C. and secured transactions, judgment enforcement and collection, and all aspects of bankruptcy, from cash collateral and plan confirmation disputes through avoidance litigation. Mr. Terry has represented secured and unsecured creditors in bankruptcy cases nationwide.

Mr. Terry received his Bachelor of Arts degree in communications from the University of Texas at Austin, in 1981. He earned his law degree as well from the University of Texas in 1985, where he was on the dean’s list and graduated with honors. He also worked as a research assistant to Dean E.E. Smith. He subsequently clerked for the United States Bankruptcy Court for the Central District of California.

In addition to litigation, Mr. Terry has extensive experience in transactional documentation and bankruptcy contingency planning in real and personal property transactions, including intellectual property license and distribution deals, commercial leases, and assignment and transfer of loans. He has substantial expertise in bankruptcy issues related to issuance of asset-backed securities, including the law of “true-sale,” substantive consolidation and bankruptcy-remote transaction structure. Successful representation of Mr. Terry’s clients is reflected in numerous published opinions, including, In re Ybarra, 424 F.3d 1018 (9th Cir. 2005); In re Applause LLC, 2006 WL 942088 (C.D. Cal. 2006); In re Chan, 325 B.R. 432 (N.D. Cal. 2005); In re NSB Film Corp., 160 B.R. 151 (C.D. Cal. 1993); In re Wings Digital Corp., 2005 WL 3789334 (S.D.N.Y. 2005); and In re Sullivan, 2006 WL 1686732 (E.D. Cal. 2006).

Mr. Terry is admitted to all four U.S. District Courts of California, and the Ninth Circuit Court of Appeals. He is a member of the Los Angeles Bankruptcy Forum and the Financial Lawyers Conference. Mr. Terry is also licensed to practice law in Texas.


Josh Ufberg, PrincipalATALAyA cApiTAL MAnAGeMenT

Mr. Ufberg is a Principal at Atalaya responsible for the origination, analysis, and management of private credit investments. Prior to joining Atalaya, Mr. Ufberg was a Vice President at Goldman Sachs, where he was a member of their Special Situations Group. While at Goldman, Mr. Ufberg provided vertical and geographic coverage for the specialty lending group. He also originated and structured middle market investment opportunities with a primary focus on debt transactions between $20-$200mm. Prior to joining Goldman, Mr. Ufberg spent six years at Bernstein Investment Research and Management, where he led all aspects of origination for a private client management team. Prior to Bernstein, Mr. Ufberg was an associate at Dilworth Paxson. Mr. Ufberg earned his BA from Pennsylvania State University and his JD from Villanova University.

Brian Valenti, Manager, Risk SectionfederAL reServe BOArd

Mr. Valenti is the Manager of the Risk Section in the Division of Banking Supervision and Regulation at the Federal Reserve Board. Mr. Valenti leads a group responsible for the identification of emerging risks affecting banking organizations and the financial system. His group, which covers credit, market and liquidity, and operational risk, also assesses the adequacy of supervisory responses to address these risks and assists in the development and implementation of risk policy.

Prior to joining the Federal Reserve, Mr. Valenti was with Bank of America where he was responsible for the management and restructuring of syndicated corporate credit exposure. Prior to this, Mr. Valenti was with Fleet Securities Leveraged Finance Group where he was responsible for the structuring and placement of corporate debt in the syndicated loan and high yield bond markets. He has also held various positions in the residential mortgage area.

Mr. Valenti earned an M.B.A degree from Bentley University’s McCallum Graduate School of Business and a Bachelor of Arts degree from Wittenberg University.

Douglas Wilson, Chairman & CEOdOuGLAS WiLSOn cOMpAnieS

Douglas Wilson is chairman and chief executive officer of the Douglas Wilson Companies which provides a diverse range of specialized business, workout and real estate services for distressed assets throughout the United States.

The company has grown to become the largest of its kind in the nation, providing workout, problem resolution, crisis/force majeure response, asset management and planning services in more than 600 matters for distressed assets valued at more than $12 billion. Nearly 100 institutions have been or currently are his company’s clients, including Bank of America, TIAA/CREF, Pacific Life, US Bank, Wachovia, Credit Suisse, KeyBank, Comerica, and iStar. DWC also has a development arm, building and managing large-scale residential and mixed-use projects in urban settings for its own account.

Featured Speakers


Featured Speakers

Born and raised in the Chicago area, Mr. Wilson later moved to Denver where he graduated from the University of Denver. In the mid 1980s, Mr. Wilson moved to San Diego where he served as the managing director of a company that developed a 1.2-million-square-foot office and hotel tower complex in that city’s emerging downtown business district. He founded his present company in 1989 which today has offices in Atlanta, Las Vegas, Miami, Orlando, San Diego and San Francisco.

Mr. Wilson’s professional organization memberships include the Receivers Forum and Bankruptcy Forum of which he has served as president and treasurer respectively, Urban Land Institute, the Lambda Alpha land economics fraternity, and the International Council of Shopping Centers. Active in community and civic organizations, Mr. Wilson is a member of the Rotary Club of San Diego, chairman of the University Club Atop Symphony Towers, a director of the Sidney Kimmel Cancer Center, past vice chair of the Downtown San Diego Partnership, and a member of the boards of the La Jolla Playhouse, Museum of Photographic Arts, and San Diego County Metropolitan YMCA.

Mr. Wilson and his wife, Kathleen, have three sons and reside in Solana Beach, north of the San Diego metropolitan area.

Mike Zandpour, SVP and Sr. CounselciTy nATiOnAL BAnk

Mike Zandpour is Senior Vice President and Senior Counsel of City National Bank.

Mr. Zandpour previously served as Special Assets Department Manager and Assistant General Counsel for Far East National Bank.

Mr. Zandpour serves as an advisory member to the California State Bar Financial Institutions Committee and on the Board of the Special Assets Management Association. Mr. Zandpour previously served as a Judicial Extern for the Honorable Robert W. Alberts, United States Federal Bankruptcy Court.

Mr. Zandpour received a Jurist Doctorate from The Ohio State University (Moritz) College of Law where he served on the Ohio State Journal on Dispute Resolution. Mr. Zandpour completed a comparative law summer program at St. Anne’s College, Oxford University. He received a Bachelor of Arts in Political Science with honors from California State University Fullerton.


Tingting Zhang, PresidentThe TerrAcOTTA GrOup

Dr. Zhang is the Founder and President of the TerraCotta Group LLC. She is responsible for managing the day-to-day operations of the company and sits on TerraCotta’s investment committee.

Prior to founding The TerraCotta Group, Dr. Zhang was a senior consultant with the Eurasia Group, one of the world’s leading economic and political consulting firm. During her tenure at Eurasia Group, Dr. Zhang conducted political and economic risk analyses for senior executives at global financial companies and such Fortune 500 companies as Citigroup, AIG, Deutsche Bank, and Price Waterhouse Coopers. She also provided consulting services for the National Intelligence Council of the U.S. Central Intelligence Agency (CIA) and was a primary contributor to the development of the Deutsche Bank-Eurasia Group Stability Index (DESIX), the first and only political risk index on Wall Street. She has also contributed to a number of research projects that were featured in The Wall Street Journal, The Financial Times, Newsweek, and The Economist. Dr. Zhang has written and has published extensively on the subjects of public finance, central-local relations and environmental issues in developing economies. She has also appeared on CNN, NBC Nightly News with Brian Williams, CNBC, KTLA-TV (Los Angeles), and has been interviewed by the Los Angeles Times and the L.A Daily News. Dr. Zhang co-founded the Special Assets Management Association (SAMA), the only trade association for banking executives in special assets management. She sits on SAMA’s Board of Directors as a Co-Chair. Dr. Zhang holds two Master’s degrees in Statistics and International Relations as well as a Doctorate in International Political Economy from the University of California, Los Angeles.

Chris Zumberge, Senior Vice Presidentu.S. BAnk nATiOnAL ASSOciATiOn

Thirty year banking professional.

Currently: Senior Vice President, U. S. Bank. Senior Workout Officer. Irvine, CA.

Experience: Leadership roles with U.S. Bank, Union Bank, Comerica Bank and Security Pacific National Bank in national corporate loan workouts, credit approval, relationship management and business development.

Experience includes a wide variety of transactions in many industries including leveraged and acquisition finance, working capital credit, equipment finance, investor real estate, oil & gas, gaming and entertainment.

Bulk of workout experience includes overall management of syndicated C&I and real estate credits as both agent and participant.

Education: MBA, University of California, Irvine.

Current board member: Philharmonic Society of Orange County

Other: Part time musician.

Featured Speakers

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