Association of Insolvency & Restructuring Advisors


Newsletter Index

President's Letter

Editor's Letter

Executive Director's Letter

Is it a Capital Contribution or a Loan and How Can Electronic Data Assist in the Analysis or Defense of a Claim for Recharacterization? Part II
Jo Ann J. Brighton, Esq. and Jack Seward

Substantive Consolidation:
When Debtors are Joined at the Hip

Dawn Ragan & Michael Rosenthal

International Trade, Labor Relations and the Role of Bankruptcy in the U.S. Steel Industry
Matthew Kazin & Vincent Pavlak

It's not a Turnaround Plan Until Several Groups Say it is: How to Communicate with Committees and Groups
Miles Stover, Turnaround Section Editor

20th Annual Conference Trivia & Fun Facts

Tax Cases
Alan Barton, CIRA

Bankruptcy Cases
Baxter Dunaway

New & Noteworthy

Club 10

New CIRA

New AIRA Members


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August/September
2004

AIRA President’s Letter 

Dear AIRA Members:

It is hard to step in as the President of the AIRA without recognizing how our organization has progressed since inception. Listening to the comments from Alexander Knopfler, CIRA, a pioneer of the organization, and assimilating the quality and depth of the 2004 AIRA Conference, it is evident that the AIRA is the premier organization with emphasis on quality education for our members. Many thanks to our past leaders, outgoing President Jim Lukenda, Grant Newton and the entire staff of the Executive Office for a job very well done and their perpetual dedication. I must extend the gratitude of the organization to our conference co-chairs, Bill Wallander, John Tittle and Lan Haverfield and the entire Planning Committee. I also thank all the sponsors for their generosity during the 2004 Conference. Their contribution to a successful conference is greatly appreciated.

During my term as President, it is the organization’s goal to continue to develop such programs as the Annual Conference and the new Certification in Distressed Business Valuation (CDBV).

I particularly appreciated our recent cooperation with ABI to offer the “First Days of Chapter 11” session at the Annual Conference. We look forward to bringing you other cooperative educational sessions in the future.

Best wishes,


Soneet R. Kapila
President


Soneet R. Kapila is the founding principal of Kapila & Company. After several years experience with international and regional accounting firms, he formed Kapila & Company, which has concentrated its efforts for many years in the areas of consulting and representing bankruptcy debtors, creditor bodies and trustees. His practice is concentrated in the area of creditors’ rights, bankruptcy, and financial transactions litigation. He also regularly advises clients about the insolvency implications involved in business transactions. Mr. Kapila has served as Bankruptcy Trustee, Examiner and State Court Receiver in numerous matters in the Southern District of Florida. He has advised and represented debtors and creditors’ committees in formulating, analyzing and negotiating plans of reorganization. Mr. Kapila is a recognized expert in fraudulent conveyance and insolvency issues. He has provided expert testimony and extensive litigation support services to law firms involving complex insolvency issues. Mr. Kapila is a sitting trustee on the panel of U.S. Bankruptcy Trustees in the Southern District of Florida.

AIRA News is published six times a year by the Association of Insolvency and Restructuring Advisors, 221 Stewart Avenue, Suite 207, Medford, OR 97501. Copyright 2004 by the Association of Insolvency and Restructuring Advisors. All rights reserved. No part of this newsletter may be reproduced in any form, by xerography or otherwise, or incorporated into any information retrieval systems, without written permission of the copyright owner.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting or other professional service. If legal or accounting advice or other expert assistance is required, the services of a competent professional should be sought.

AIRA extends special thanks to these AIRA News contributors:

Peter Stenger: Editor
Alan Barton, CIRA: Taxation Section Editor
Baxter Dunaway: Bankruptcy Section Editor
Edward McDonough: Section Editor
Steven J. Solomon, Esq.: Chapter 11 Section Editor
Miles Stover: Turnaround Section Editor
Jennifer Ginzinger: General Editor
Codi Spodnik: Design

 

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