Former SEC Chairman and Leaders in Distressed Investing Highlight 2009 Distressed Investing Conference

CHICAGO, Dec. 23 /PRNewswire/ -- Leaders in distressed asset investing and corporate restructuring will gather for the third annual Distressed Investing Conference, co-sponsored by the Turnaround Management Association and The Deal, LLC, January 21-23, 2009, at The Bellagio, Las Vegas.

Harvey L. Pitt, former U.S. Securities and Exchange Commission chairman (2001-2003) under President George W. Bush, and CEO of consulting firm Kalorama Partners, LLC, will discuss global business issues during opening day events on Thursday.

Friday morning's roundtable, "Distressed Investment Fund Founders: Leaders in the Distressed Investing Arena," will feature:

    --  David L. Resnick, Rothschild Inc., New York, NY
    --  Kevin P. Genda, Cerberus Capital Management LP/Ableco Finance LLC, New
        York, NY
    --  Michael E. Heisley, The Heico Companies, LLC, Chicago, IL
    --  David Shapiro, KPS Capital Partners, LP, New York, NY

General sessions led by experts from leading restructuring, investment, and legal firms will examine the rippling effect of a credit crunch that began more than a year ago and helped trigger an economic recession:

    --  "Credit Default Swaps: Roulette or Risk Management?"
    --  "Busted Distressed Financings: The Impact of the Credit Crunch on Debt
        and Equity Exit Financings"
    --  "Crisis in Consumer Confidence: Where Will The Opportunities Be?"
    --  "Funding The Process: Trends in DIP Financing"
    --  "Radnor Case Study"

Panelists represent such prominent firms as Brown Rudnick; UBS Investment Bank; Winston & Strawn LLP; FTI Consulting, Inc.; DLA Piper US LLP; Moelis & Company; Houlihan Lokey; Conway MacKenzie & Dunleavy; AlixPartners, LLP; The Blackstone Group; FTI Consulting, Inc.; Skadden, Arps, Slate, Meagher & Flom LLP; GE Commercial Finance-National Restructuring Practice; and Jones Day, among others.

The unconventional merger of American Color Graphics and Vertis while under bankruptcy-court protection is the subject of an advanced case study session featuring academics from Columbia Business and Law schools, as well as presenters from Kirkland & Ellis LLP; Akin, Gump, Strauss, Hauer & Feld LLP; Weil, Gotshal & Manges LLP; and Barclays Capital.

Find all details and registration at http://www.turnaround.org.