Bankruptcy 101 for Compensation Professionals

Learn everything you ever wanted to know about corporate bankruptcies and equity compensation!

Tuesday, June 23, 2009

4:00 – 5:30 PM Eastern [archive and transcript to follow]

Webcast Materials
 

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An unprecedented number of businesses in the past year have been forced to liquidate or restructure through bankruptcy as a result of the dismal economy, including Washington Mutual Bank—said to be one of the largest corporate bankruptcies in U.S. history. When a business files for bankruptcy, a number of questions arise with respect to compensation and benefit matters. This panel of experts, including the former Manager of Stock Plan Operations for Washington Mutual, will describe the fundamentals of bankruptcy for compensation professionals. Panelists will also discuss the types of equity plans designed to compensate employees during the bankruptcy process, and considerations for compensation plans upon emergence from bankruptcy.

Featured panelists:

• Ed Hauder, Senior Attorney and Consultant, Exequity
• Dan Zazove, Partner, Perkins Coie
• Siri Pannell, Equity Compensation Professional (former Manager of Stock Plan Operations, Washington Mutual Bank)

Among other topics, this program will cover:

• What happens when a public company files for protection under federal bankruptcy laws, the various types of bankruptcy proceedings and the key differences and similarities of each
• The impact of bankruptcy on various elements of a company’s existing compensation programs
• Milestones in bankruptcy that impact compensation programs
• Washington Mutual case study, including a discussion on the unexpected tips and traps learned throughout the process

How to access the webcast: Visit Naspp.com on the day of the program and click the link for the webcast. You need either Real Player or Windows Media to listen to the webcast. An audio archive and transcript of the webcast will be posted after the live program.

Cost: There is no charge for this program if you are a member of the NASPP. The cost for non-members is $595. Alternatively non-members can take advantage of our no-risk trial membership (starting at only $495) to access the program. You can sign up for this no-risk trial online, send us an email at naspp@naspp.com, or call us at (925) 685-9271.

Registration: Advanced registration is not required for NASPP members.  Non-members can email naspp@naspp.com or call (925) 685-9271 to register for the program.

If you can’t access the live program:  If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive will be posted immediately following the conclusion of the live program and a text transcript will be posted within two weeks.