HomeP.R.I.M.E. Finance New York Conference 2018

P.R.I.M.E. Finance New York Conference 2018

This fall, for the first time, P.R.I.M.E. Finance will host a one-day conference in New York City on October 4, 2018.

The Honorable Shelley Chapman, Judge of the United States Bankruptcy Court for the  Southern District of New York will give a keynote address followed by panel discussions featuring many of our experts.

Venue: White & Case LLP, 1221 Avenue of the Americas, New York 10020-1095

08:00 – 09:00  Registration
09:00 – 09:45  Opening proceedings

Welcome and opening by Professor Jeffrey Golden, Chairman, P.R.I.M.E. Finance Management Board; Joint Head of Chambers, 3 Hare Court; Governor and Honorary Fellow, London School of Economics and Political Science (LSE); P.R.I.M.E. Finance Expert

Keynote address by Hon. Shelley C. Chapman, United States Bankruptcy Judge, Southern District of New York

09:45 – 11:15 How Can the Lehman Experience Help Us Prepare for the Next Financial Crisis?

Ten years on from the Lehman bankruptcy, the pivotal event of the global financial crisis, what is the state of the global financial system? Does the experience with litigation spawned by the Lehman bankruptcy suggest new and better ways of addressing the failure of a large financial institution? How has post-crisis regulation changed incentives for how market participants do business? This panel, which includes several persons who played central roles in the response to the Lehman bankruptcy, will explore those questions.

 

Moderator:

Joyce M. Hansen, retired Deputy General Counsel and Senior Vice President, Federal Reserve Bank of New York; Co-Chair, US delegation for the Hague Securities Convention; Co-Chair, US delegation for the Geneva Securities Convention and the UNIDROIT Netting Principles; P.R.I.M.E. Finance Expert

 

Speakers:

Thomas C. Baxter, Jr., Of Counsel, Sullivan & Cromwell LLP; former General Counsel, Executive Vice President and Head of the Legal Group, Federal Reserve Bank of New York; P.R.I.M.E. Finance Expert

Thomas W. Jasper, Board of Directors, PRIME Finance Dispute Resolution and Education Foundation (US); P.R.I.M.E. Finance Advisory Board; Managing Partner, Manursing Partners LLC; Founding Partner, PremieRe Capital Ltd, Founding Chairman, International Swaps and Derivatives Association (ISDA); P.R.I.M.E. Finance Expert

Timothy G. Massad, Senior Fellow, Kennedy School of Government at Harvard University; Adjunct Professor of Law, Georgetown University Law Center; former Chairman, Commodity Futures Trading Commission (CFTC); former Assistant Secretary for Financial Stability, United States Department of the Treasury; former Partner, Cravath, Swaine & Moore LLP; P.R.I.M.E. Finance Expert

Hon. Judge James M. Peck, Global Co-Chair of the Business Restructuring & Insolvency Group, Morrison & Foerster LLP; former United States Bankruptcy Judge, Southern District of New York; P.R.I.M.E. Finance Expert

Jayant W. Tambe, Partner, Jones Day; P.R.I.M.E. Finance Expert

11:15 – 11:30  Coffee break
11:30 – 12:45 Arbitration, Mediation and Specialized Rules for Complex Financial Disputes

Historically, disputes arising from complex financial contracts have been resolved in courts of general jurisdiction.  But recently, the use of alternative forums and tools, including specialized courts, arbitration tribunals, and mediation, has emerged,  driven by experience, concerns about enforceability and the availability of new avenues for resolving disputes such as specialized courts and arbitration bodies such as P.R.I.M.E. Finance. This panel will review these developments and alternatives and highlight their opportunities.

 

Moderator:

Robert G. Pickel, P.R.I.M.E. Finance Management Board; Affiliate, Rutter Associates LLC (New York); former Chief Executive Officer, Executive Vice Chairman and General Counsel, ISDA; P.R.I.M.E. Finance Expert

 

Speakers:

Carolyn B. Lamm, Partner, White & Case LLP; P.R.I.M.E. Finance Expert

Hon. Judge Elizabeth S. Stong, P.R.I.M.E. Finance Management Board; Judge, United States Bankruptcy Judge, Easternn District of New York; P.R.I.M.E. Finance Expert 

John Williams, Partner, Milbank, Tweed, Hadley & McCloy LLP; P.R.I.M.E. Finance Expert

12:45 – 1:30 Lunch break
1:30 – 2:45 Structural Change on the Horizon: Brexit and Benchmarks

The UK is going its own way, breaking off from the European Union after nearly half a century. LIBOR and other IBORs, building blocks of the financial markets for three decades, are set to disappear. Like earlier major structural changes, such as European Monetary Union, questions arise about how contracts will be affected, whether the assumptions of the parties are fundamentally altered and how market participants can best address those concerns. This panel will explore the transition to a post-Brexit, post-IBOR world for complex financial products.

 

Moderator:

Joseph Bauman, Board of Directors, PRIME Finance Dispute Resolution and Education Foundation (US); Affiliate, Rutter Associates LLC; former Chief Administrative Officer, Athilon Group Holdings Corp.; former Chairman, ISDA; P.R.I.M.E. Finance Expert

 

Speakers:

Carolyn H. Jackson, Partner, Katten Muchin Rosenman UK LLP; former Executive Director and Board Member, ISDA; P.R.I.M.E. Finance Experrt

Ellen P. Pesch, Partner & Global Co-Head, OTC Derivatves Industry Group, Sidley Austin LLP

Professor Pim Rank, Of Counsel, NautaDutilh N.V.; Professor of Financial Law, Leiden University; P.R.I.M.E. Finance Expert

David E. Sternberg, Managing Director and General Counsel, Brown Brothers Harriman and Co.; former Managing Director, UBS Financial Services Inc.; former Director of Capital Markets Compliance, Salomon Brothers Inc.; P.R.I.M.E. Finance Expert

2:45 – 3:45 Bet-the-Company Litigation Across the Globe: The Importance of Experts and Alternative Forums

Regulatory investigations, class action lawsuits, shareholder litigation, billion dollar settlements and judgments. That seems to be the new normal for any company active in global markets. Having the right people on your team and considering forums and venues with the sophistication to understand the issues are critical to achieving a successful outcome, even the continued viability of an institution. This panel will discuss the role of experts in these actions and the advantages of alternative means of resolving disputes.

 

Moderator:

Rick Grove, P.R.I.M.E. Finance Management Board; Chief Executive Officer and Partner, Rutter Associates LLC (New York); former Fixed Income and Commodity Derivatives Executive, Bank of America and Paribas Capital Markets; former Chief Executive Officer, ISDA; P.R.I.M.E. Finance Expert

 

Speakers:

Dr. Sharon Brown-Hruska, Board of Directors, PRIME Finance Dispute Resolution and Education Foundation (US); Managing Director of the Global Securities and Finance Practice, NERA Economic Consulting; former Commissioner and acting Chairman, CFTC; P.R.I.M.E. Finance Expert

Leslie Rahl, Founder and CEO, Capital Market Risk Advisors (CMRA); former Co-Head of the Derivatives Group, Citibank (US); former Director,  ISDA; P.R.I.M.E. Finance Expert

Kenneth M. Raisler, Partner and Head of the Commodities, Futures and Derivatives Group, Sullivan & Cromwell LLP; former General Counsel, CFTC; former Assistant United States Attorney for the District of Columbia; P.R.I.M.E. Finance Expert

3:45 – 4:00 Coffee break
4:00 – 5:00 Ethics for Counsel and Arbitrators in Financial Disputes

Whether one pursues dispute resolution through the courts or through alternative means such as arbitration, at least one constant remains: the need for all parties and their counsel to proceed in an ethical manner. This panel will emphasize the ethical considerations that arise in arbitration in financial disputes, highlighting any considerations that may be tailored to an arbitration. 

 

Moderator:

Deborah Enix-Ross, P.R.I.M.E. Finance Management Board; Senior Advisor to the International Dispute Resolution Group and member of the Diversity Committee, Debevoise & Plimpton LLP; former Chair, American Bar Association House of Delegates; former Senior Legal Officer and Head of the External Relations and Information Section, World Intellectual Property Organization Arbitration and Mediation Center

 

Speakers:

H.E. Hon. Sir David Baragwanath KNZM, Chairman, P.R.I.M.E. Finance Advisory Board; Appellate Judge, former President and Presiding Judge, Special Tribunal for Lebanon; Judge, Court of Appeal of New Zealand; President, New Zealand Law Commission; Member for New Zealand, the Permanent Court of Arbitration; Honorary Professor, University of Waikato (New Zealand), Visiting Professor, University of Northumbria (United Kingdom); Overseas Bencher, Inner Temple; Door Tenant, 3 Hare Court

Christopher Bogart, Chief Executive Officer, Burford Capital

5:00 – 5:15 Closing Remarks by Kristy M. Tillman
5:15 – 6:30 Cocktail reception

Questions? Please contact us at secretary@primefinancedisputes.org

Partnership Opportunities

For more information, please contact the Secretariat at secretary@primefinancedisputes.org.

Sponsors of the conference

Platinum Level Sponsor and Host

Cocktail Hour Sponsor

Gold Level Sponsors

Silver Level Sponsors

Exhibitors and Supporting Entities