III NextGen Leadership Program and Class V Induction

June 5, 2016: Tokyo, Japan

TMI ASSOCIATES Roppongi Hills Mori Tower Tokyo Courtesy of III Member Mitsue Aizawa

CONFERENCE FACULTY CONFERENCE CO-CHAIRS Mitsue Aizawa E. Bruce Leonard TMI Associates, Tokyo Miller Thomson LLP, Toronto Donald S. Bernstein Maurice Fleming Davis Polk & Wardwell LLP, New York NextGen Nomination Director Miller Thomson LLP, Toronto Alan Bloom Ernst & Young, London Franca Tibando NextGen Executive Director Prof. Hon. Samuel L. Bufford Miller Thomson LLP, Toronto Pennsylvania State University, University Park, PA Shinchiro Abe Kasumigaseki International Law Office Thomas M. Gaa NextGen Tokyo Organizing Committee Bialson, Bergen & Schwab, Palo Alto Prof. Christoph Paulus Humboldt University, Berlin Hon. James M. Peck Morrison & Foerster LLP, New York Nominated Delegates Class V

Ethan J. Birnberg Erin Broderick Lindquist & Vennum LLP Baker & McKenzie LLP 600 17th Street, Suite 1800 South 300 East Randolph Street, Suite 5000 Denver, CO 80202 USA Chicago, Illinois 60601 USA Tel: 303.454.0534 Tel: 312.861.8935 Email: [email protected] Email: [email protected]

Nominator Nominator Hon. Sidney B. Brooks Eberhard Nietzer United States Bankruptcy Court, District of Colorado Amtsgericht Heilbronn Email: [email protected] Email: [email protected]

Margie Chan Dr. Jason Corbett Davis Polk & Wardwell Silk Legal Co., Ltd. Hong Kong Solicitors RSU Tower, 8th Floor, Suite 805 The Hong Kong Club Building 571 Sukhumvit Road, North Klongton 3A Chater Road, 18/F Hong Kong Watthana, Bangkok, Thailand 10110 Tel: +852 2533 3325 Tel: +66 (0)2107-2007 Email: [email protected] Email: [email protected]

Nominator Nominator Donald S. Bernstein George M. Kelakos Davis Polk & Wardwell LLP Kelakos Advisors LLC Email: [email protected] Email: [email protected]

Richard A. Graham Nava Hazan White & Case LLP Squire Patton Boggs LLP 1155 Avenue of the Americas 30 Rockefeller Plaza New York, NY 10036-2787 23rd Floor Tel: 212.819.7993 New York NY 10112 USA Email: [email protected] Tel: 212.872.9822 Email: [email protected] Nominator Daniel M. Glosband Nominator Goodwin Procter Christopher Meyer Email: [email protected] Squire Patton Boggs LLP Email: [email protected] Hiroyasu Horimoto Ataru Iizuka City-Yuwa Partners TMI Associates Marunouchi Mitsui Building 23rd Floor, Roppongi Hills Mori Tower 2-2-2 Marunouchi Chioya-ku 6-10-1 Roppongi, Minato-ku Tokyo 100-0005 Japan Tokyo 106-6123 Japan Tel: +81 3 6212 5546 Tel: +81 3 6438 4518 Email: [email protected] Email: [email protected]

Nominator Nominator Masaaki Sawano Mitsue Aizawa City-Yuwa Partners TMI Associates Email: [email protected] Email: [email protected]

Kizzy L. Jarashow Thiago Braga Junqueira Goodwin Procter LLP Pinheiro Neto Advogados 620 Eighth Avenue Rua Joao Moura New York, NY 10018 366, apt. 81 USA Sao Paulo, SP – Brazil Tel: 212.459.7341 Tel: +55 11 3247 8484 Email: [email protected] Email: [email protected]

Nominator Nominator Daniel M. Glosband Luiz Galeazzi Goodwin Procter LLP Galeazzi Associados Email: [email protected] Email: [email protected]

Yutaka Kuroda John Middleton Nagashima Ohno & Tsunematsu International Air Transport Association (IATA) JP Towere, 2-7-2 Marunouchi, Chiyoda-ku 33 Route de l’Aeroport Tokyo Japan 100-7026 1215 Geneva 16 Airport, Switzerland Tel: +81 3 6889 7200 Tel: +44 22 770 2002 Email: [email protected] Email: [email protected]

Nominator Nominator Shintaro Taki Robin Phelan Nagashima Ohno & Tsunematsu Haynes and Boone LLP Email: [email protected] Email: [email protected]

Zentaro Nihei James Richardson Anderson Mori & Tomotsune PricewaterhouseCoopers LLP Akasaka K-Tower, 2-7, Motoakasaka 1-chome 300 Madison Avenue Minato-ku, Tokyo 107-0051, Japan New York, New York 10017 USA Tel: +81 3 6894 2003 Tel: 347.514.0103 Email: [email protected] Email: [email protected] Nominator Nominator Edward H. Tillinghast, III Hideyuki Sakai Sheppard Mullin Richter & Hampton LLP Anderson Mori & Tomotsune Email: [email protected] Email: [email protected] Yuri Sugano Foteini (Fay) Teloni Nishimura & Asahi Shearman & Sterling Otemon Tower, 1-1-2 Otemachi, Chiyoda-ku, Tokyo 599 Lexington Avenue 100-8124, Japan New York, New York 10022 USA Tel: +81-3-6250-6466 Tel: 212.848.4579 Email: [email protected] Email: [email protected]

Nominator Nominator Allan L. Gropper Shinnosuke Fukuoka U.S. Bankruptcy Court Nishimuea & Asahi Email: [email protected] Email: [email protected]

Ivo-Meinert Willrodt Takuro Yamaguchi PLUTA Rechtsanwalts GmbH Oh-Ebashi LPC & Partners Barthstr. 16, 80339 Munich Kishimoto Bldg. 2F, 2-2-1 Marunouchi Germany Chiyoda-ku, 100-0005 Tel: +49 89 8589633 Tokyo, Japan Email: [email protected] Tel: +81 3 5224 5981 Email: [email protected] Nominator Nominator Annerose Tashiro Hiroyasu Ueda Schultze & Braun Oh-Ebashi LPC & Partners Email: [email protected] Email: [email protected] Carmen Yeung Shinichiro Yokota KPMG Mori Hamada & Matsumoto Prince’s Building, 10 Chater Road Marunouchi Park Building th 8 Floor 2-6-1 Marunouchi Chiyoda-ku Central, Hong Kong Tokyo, Japan 100-8222 Tel: +852 2140 2274 Tel: +81 3 6212 8365 Email: [email protected] Nominator Email: [email protected] Edward Middleton Nominator KPMG Junichi Tobimatsu Email: [email protected] Mori Hamada & Matsumoto Email: [email protected]

Gold Medal Winners Navigating Scylla & Charybdis: International Arbitration and National Insolvency David Ehmke, Humboldt-University of Berlin and [email protected] Alfred Lewis, University College London [email protected]

Silver Medal Winner An Analysis and Hypothesis on Forum Shopping in Insolvency Law Amir Adl Rudbordeh, Radboud Universiteit Nijmegen and Nottingham Trent University [email protected]

Bronze Medal Winner Cross-border Insolvency: A Case for a Transaction Cost Economics Analysis Michael Guihot, Queensland University of Technology [email protected] Ethan J. Birnberg Erin Elizabeth Broderick Lindquist & Vennum LLP Baker & McKenzie LLP 600 17th Street 130 North Garland Court, Unit 1606 Suite 1800 South Chicago, Illinois 60602 USA Denver, CO 80202 USA Tel: 312.813.1984 Tel: 303.454.0534 Email: Email: [email protected] [email protected]

Background Background Ethan Birnberg represents clients across several industries, from Erin Broderick is a senior associate in the Financial Restructuring, Creditors’ middle market companies operating in the shale oil and energy Rights & Bankruptcy Practice Group in the Chicago office. She has industries, to RV park owners and luxury cruise tour operators. He is a litigator and frequently represents debtors, trustees, creditors, experience in managing all aspects of sophisticated restructurings in and out and receivers, predominantly for court-appointed receivers in Ponzi of court and has managed complex insolvency-related litigation. scheme cases. His expertise includes corporate restructuring, workouts and asset sales, advising management and officers In 2016, Ms. Broderick was recognized as a fellow of INSOL International regarding fiduciary duties, and all types of adversary proceedings. (with honors distinction), named a Top 40 Under 40 Global Restructuring Attorney by the Global Restructuring Review, and was inducted into The Ethan’s clients benefit from his experience and knowledge of International Insolvency Institute’s 2016 NextGen Leadership Class. In 2008, emerging business trends and their day-to-day operational and Ms. Broderick was named Distinguished Bankruptcy Law Student for the financial issues. Recognized as a leader of the next generation of bankruptcy practitioners, he frequently speaks at conferences, Sixth Circuit by the American College of Bankruptcy. publishes articles, and is currently co-authoring a chapter on transnational business trends, chapter 15, and cross-border Practice Focus insolvencies. Ms. Broderick focuses her practice on cross-border work. She has defended financial institutions and hedge funds in insolvency-related cross-border Awards & Recognition litigation and restructurings, represented purchasers of assets in cross-  Colorado Super Lawyers, Rising Star (2013-2016) border restructurings, and foreign representatives and discovery targets in  Business Bankruptcy Specialist, certified by the American Board Chapter 15. Ms. Broderick has also represented debtors, lenders, investors, of Certification trade creditors, and equity committees in Chapter 11, advised senior  Next Generation Program Participant, National Conference of management of distressed companies with respect to in- and out-of-court Bankruptcy Judges (2015) restructurings and contingency planning, and defended lenders and  Next Generation Program Participant, International Insolvency investors in insolvency-related litigation. Institute, Class V, Tokyo, Japan (June 2016) Professional Associations and Memberships  Wyoming Bankruptcy Court Local Rules Committee, Member (2016-2018)  International Women's Insolvency & Restructuring Confederation - Co-chair of the Membership Committee Practices  Turnaround Management Association (TMA) - Co-chair of the Financial Services Membership Committee Financial Restructuring & Bankruptcy  INSOL International - Member and Fellow Commercial Litigation  The International Insolvency Institute - NextGen Leadership Class V Education Member Thomas Jefferson School of Law (J.D., summa cum laude) Admission University of California at Santa Barbara New York~United States (2015) (B.A., Law & Society; Global Peace and Security Minor; High Honors, U.S. Court of Appeals, Seventh Circuit~United States (2012) Academic Award for Excellence) Illinois~United States (2008) U.S. District Court, Northern District of Illinois~United States (2008) Education University of Michigan Law School (J.D. cum laude) (2008) Central Michigan University (B.S. Economics and Political Science summa cum laude) (2005) Margie Chan Dr. Jason Corbett Davis Polk & Wardwell Silk Legal Co., Ltd. Hong Kong Solicitors RSU Tower, 8th Floor, Suite 805 The Hong Kong Club Building 571 Sukhumvit Road, North Klongton 3A Chater Road, 18/F Watthana, Bangkok, Thailand 10110 Tel: +66 (0)2107-2007 Hong Kong Email: [email protected] Tel: +852 2533 3325 Email: [email protected]

Background Background Ms. Chan is counsel in Davis Polk’s Corporate Department, resident Dr. Corbett is the founder and Managing Partner of Silk Legal, a Bangkok in Hong Kong. based law firm that advises both foreign and domestic clients. Jason is admitted as solicitor of the Supreme Court of New South Wales. He is also She has worked on a broad range of credit transactions, bond the Chief Investment Officer of Silver cord Advisory, a specialist venture offerings, liability management exercise including tender offers and capital firm that invests professional services in disruptive technology start- consent solicitations and other corporate restructurings, ups throughout SE Asia. representing debtors, creditors, banks and asset acquirers. As a corporate lawyer by trade, and an entrepreneur at heart, Jason has Work Highlights trained in the law with a variety of in-house positions and private practice Ms. Chan has been involved in a number of the firm’s restructuring including one of Canada’s largest law firms. He has been involved in several assignments over the past several years, including: business and start-ups at an executive level in a variety of industries ranging from legal, finance, beverage manufacturing, hospitality, environmental, e- ■ Kaisa Group Holdings Ltd. – Advising Sunac China Holdings commerce and professional consulting. Limited, as prospective acquirer of Kaisa, in connection with the aborted acquisition of the outstanding shares of Kaisa and Education related debt restructuring. Doctor of Juridical Science, La Trobe University, Melbourne Australia. ■ LyondellBasell – Advising Citibank, as bank agent, in Awarded in 2011 LyondellBasell, with respect to the largest private DIP Master of Laws – International Business Law, La Trobe University, financing (US$8.5 billion) in U.S. history and related exit Melbourne Australia. Awarded in 2006. financing. Bachelor of Laws – Corporate & Commercial Law, Bond University, Gold ■ Delphi Corporation – Advising JPMorgan, as bank agent, with Coast Australia, Awarded in 2005. respect to the US$4.5 billion DIP financing, including in Post Graduate Diploma in Legal Practice, Bond University, Gold Coast connection with the credit bidding of the DIP facility claims in Australia, Awarded in 2005. exchange for a substantial portion of Delphi’s businesses. Post Graduate Certificate, Asia-American Institute in Transnational Law, Federal Reserve Bank of New York in connection with the Duke University, held at University of Hong Kong. Awarded in 2010. establishment of the Term Asset Backed Securities Loan Post Graduate Certificate, Chinese Commercial Law and Practice, Shanghai Facility (TALF). University, Shanghai China. Awarded in 2010.

Professional History Qualifications Counsel, 2014-present  Solicitor of Supreme Court of New South Wales Australia. Admitted Associate, 2007-2014 2005. Hong Kong office, Davis Polk, 2010-present  Associate Member of the Law Society of New South Wales. Member New York office, Davis Polk, 2007-2010 since 2006. Associate, Herbert Smith, 2002-2007  Associate Member of the Chartered Institute of Arbitrators. Member Bar Admissions since 2006. Hong Kong  National Committee on Accreditation. Federation of Law Societies of State of New York Canada. Accredited in 2011.  Member of the American Association of Justice. Member since 2012. Education . LL.B., University of Hong Kong, Faculty of Law, 1999 . Dean's List . PCLL, University of Hong Kong, Faculty of Law, 2000

Languages Cantonese Mandarin Richard A. Graham Nava Hazan White & Case LLP Squire Patton Boggs LLP 1155 Avenue of the Americas 30 Rockefeller Plaza New York, NY 10036-2787 23rd Floor Tel: 212.819.7993 New York NY 10112 USA Email: [email protected] Tel: 212.872.9822 Email: [email protected]

Background Background Mr. Graham is a member of the Firm's Financial Restructuring & Nava Hazan is a partner in the Restructuring & Insolvency Practice Group Insolvency Practice Group in New York, having recently returned located in the New York office. She is the Co-Chair of the firm’s Cross-Border from the Firm's Hamburg office. He focuses his practice on chapter Restructuring Practice. 11 proceedings, multinational bankruptcy cases and out-of-court restructuring transactions. He has extensive experience Her practice involves the representation of debtors, foreign liquidators and representing both debtors and secured and unsecured creditors in administrators in Chapter 15 cases and cross-border proceedings. She also chapter 11 cases. Current and recent matters in which Mr. Graham represents debtors, secured and unsecured creditors, and creditors’ has been involved include the representation of lenders in the committees in Chapter 11 cases in various industries. HomeBanc Mortgage bankruptcy and of various aircraft finance parties in the Northwest Airlines Corporation chapter 11 case. Education Columbia University, LL.M., 1999 Prior to joining White & Case, Mr. Graham practiced from 2002– Panthéon-Sorbonne University, Master’s Degree in Law, 1997 2005 as an associate at the New York office of another leading Panthéon-Assas University, Master’s Degree in Law, 1996 international law firm, where he was involved in representing Panthéon-Assas University, J.D., 1995 chapter 11 debtors WorldCom, Inc., Sunbeam Corporation and International Wire Group, Inc., as well as numerous creditors and investors in other cases. Mr. Graham has also provided bankruptcy- Admissions related consumer finance law advice to large credit institutions. New York, 2000 Paris, 2012 Before moving to New York, Mr. Graham clerked for Chief Judge Philip H. Brandt of the Bankruptcy Appellate Panel for the Ninth Courts Circuit and the United States Bankruptcy Court for the Western U.S. Ct. of App., Second Circuit District of Washington and, still earlier, for Judge Lee M. Jackwig of U.S. Ct. of App., Third Circuit the United States Bankruptcy Court for the Southern District of U.S. Dist. Ct., S. Dist. of New York Iowa. Mr. Graham was an active duty officer in the United States Army U.S. Dist. Ct., N. Dist. of New York from 1991–1996 and remains a reserve member of the Judge U.S. Dist. Ct., E. Dist. of New York Advocate General Corps. U.S. Dist. Ct., W. Dist. of New York

Bars and Courts Memberships and Affiliations  New York State Bar INSOL International  US District Court for the Southern District of New York Turnaround Management Association  Washington State Bar International Insolvency Institute, NextGen Leadership Program

Education Languages  JD, University of Washington School of Law English  BS, United States Military Academy, West Point, NY French

Languages  English  German Hiroyasu Horimoto Ataru Iizuka City-Yuwa Partners TMI Associates Marunouchi Mitsui Building 23rd Flr Roppongi Hills Mori Tower 2-2-2 Marunouchi Chioya-ku 6-10-1 Roppongi, Minato-ku Tokyo 100-0005 Japan Tokyo, 106-6123 Japan Tel: +81 3 6212 5546 106-0032, Japan Email:Hiroyasu.horimoto@city- Tel: +81-3-6438-4518 yuwa.com Email: [email protected]

Professional Experience Background Mr. Horimoto is a partner at City-Yuwa since January 2003 where he Associate at TMI Associates (2015 – Present) specializes in corporate reorganization, bankruptcy proceedings, Bingham Sakai Mimura Aizawa (Formerly known as New Tokyo M&A, corporate law and financial regulations. International Law Office) (2005-2011, 2013-2015) Morgan, Lewis & Bockius LLP(Formerly known as Bingham Professional Qualification McCutchen LLP), New York (2012-2013) Admitted in Japan, 2002 Admitted in New York, 2009 Metal One Corporation (2008)

Academic Experience Practice Areas  Columbia University School of Law, New York, USA, LL.M., May Civil Rehabilitation and Corporate Reorganization; 2008 Out-of-court Workout and ADR for Business Turnaround:  Legal Training and Research Institute of Japan, Tokyo, Japan, Bankruptcy and Special Liquidation; bar admitted, 2002 M&A; Commercial Litigation;  University of Tokyo, Tokyo, Japan, LL.B. degree (J.D. Equivalent), General Corporate Legal Practice; 1999 Company Fraud Investigation

Publication Education Co-author, “Foreign Account Tax Compliance Act and Statement of Duke University School of Law (LL.M., 2012) Mutual Cooperation and Understanding between the Authorities of Legal Training and Research Institute of the Supreme Court of Japan U.S. and Japan” Kinyu zaisei jijyo, Vol. 3033, Kinzai Institute for (2004-2005) Financial Affairs, Inc. (2013) The University of Tokyo (LL.B., 2002) Experiences on Insolvency Cases Corporate Reorganization Admission  Represented a creditor and joint venture partner in the New York (2013) case of one of the largest air carriers in Japan Japan (2005) Civil Rehabilitation  Represented debtors in various cases (pet store chains, Languages golf course operators) Japanese/English  Supervisor Representative in various cases (hotel operator, commercial building operators) Memberships Bankruptcy Tokyo Bar Association  Bankruptcy Trustee (for both individuals and corporations) New York State Bar Association  Bankruptcy Trustee Representative in various large scale Tokyo Bar Association, Bankruptcy Law Section (Treasurer, 2014) bankruptcy cases (real estate company, building operator) Others  Represented the Industrial Revitalization Company of Japan, the government sponsored company for revitalizing distressed companies, in the case of the largest retail chains in Japan.  Represented investigation committee in the case of Olympus Corporation’s corporate accounting scandal. Kizzy Jarashow Thiago Braga Junqueira Goodwin Procter LLP Pinheiro Neto Advogados The New York Times Building Rua Joao Moura 620 Eighth Avenue 366, apt. 81 New York, NY 10018 USA Sao Paulo, SP – Brazil Tel: 212.459.7341 Tel: +55 11 3247 8484 Email: Email: [email protected] [email protected]

Background Background Ms. Jarashow is a senior associate in the Financial Restructuring group of Mr. Junqueira is involved in multiple interests at play in corporate Goodwin Procter LLP. She represent debtors, bondholders, equity sponsors, restructurings, debt rehabilitation schemes and bankruptcy financial institutions and others in complex bankruptcy, insolvency, proceedings. Providing legal advice to secured and unsecured restructuring and reorganization matters. Ms. Jarashow is a member of the creditors, financiers, lessors and lessees, debtors, investment funds American Bankruptcy Institute and the New York State Bar Association. and investors interested in troubled or insolvent companies.

Representative matters include: Education  Company counsel in multiple out-of-court restructurings, including for a Insper Instituto de Ensino e Pesquisa, São Paulo, Brazil. LL.M, premier health care company and a for-profit higher education received 2015 institution.  Bondholders’ counsel in the chapter 11 cases of EFIH, Caesars, Tribune Pontificia Universidade Católica de São Paulo – PUC/SP, São Paulo, and Washington Mutual. Brazil. Law Degree (J.D.), received 2008.  Creditors’ counsel in chapter 11 cases such as Overseas Shipholding Group, Lehman Brothers, AMR, MF Global, Pettit Oil, Furniture Brands, Additional Information Quirky, and Karmaloop.  Counsel to Ralph Mabey, as expert on the issue of reasonableness of fees (I) Publications: “Avoidance of Antecedent Transactions and Cross- in the Residential Capital chapter 11 cases. border Insolvency – Brazil”; Co-author; Insol International Publication –  Debtors’ counsel in the chapter 11 cases of Colorep, Inc., Mervyn’s September, 2014. “The OGX Restructuring: Many Firsts and a Good Holdings LLC, Powermate Holding Corp., Linens ‘N Things, and Fluid Testament to Brazilian Bankruptcy Practice”; Co-author; Insol Eletronic Routing Solutions. Newsletter – January, 2015; (II) Seminars: Invited professor for seminars Publications: and classes on Reorganization and Bankruptcy at Central Prática –  In re Fairfield Sentry – Narrow Grounds to Modify Chapter 15 Recognition Educação Corporativa / 2012 – present. Order Do Not Include Inconsistent Positions Taken By Foreign Representative, Insolvency Restructuring International (March 2016) (co- Associations author);  For This Moment – The Distinction Between Present Value and Interest, Insol International, Turnaround Management Association (TMA Brazil), American Bankruptcy Institute Journal (Vol. XXXIV, No. 7) (July 2015) (co- Associação de Advogados de São Paulo (AASP) and Brazilian Bar author); Association (OAB/SP).  Rehearing Petition Dramatizes Second Circuit’s Comity Rejection, INSOL International (Nov. 20, 2014) (co-author); Languages  Second Circuit Fails to See the Comity in Chapter 15, International Bar Association – Insolvency and Restructuring International (Oct. 14, 2014) Portuguese (native), English (fluent) and Spanish (basic). (co-author);  In re Bank United Fin. Corp.: Eleventh Circuit Holds That Tax Refunds Of Consolidated Group Subject To A Tax Sharing Agreement Are Not Assets Of Corporate Parent's Bankruptcy Estate, Stutman, Treister & Glatt Case Alert (Aug. 23, 2013);  In re School Specialty, Inc.: Delaware Bankruptcy Court Upholds Secured Lender's "Make-Whole" Claim Under New York Law, Stutman, Treister & Glatt Case Alert (Apr. 29, 2013) (co-author);  Bankruptcy Court Uses Twombly Pleading Standard as Platform to Clarify Lender Liability Law, ABI Committee Newsletter, Vol. 9, No. 9 (Sept. 2010);  In re River Road Hotel Partners, LLC: Credit Bidding Circuit Split May Sail Up to the Supreme Court, 20 J. Bankr. L. & Prac. 805 (2011) (co-author);  Third Circuit Bids Credit Bidding Adieu, 19 J. Bankr. L. & Prac. 265 (2010) (co-author);  The Enron Enigma: Claims Trading at Its Fuzziest, Morgan Lewis Business & Finance Newsletter (Fall/Winter 2007) (co-author).

Education - J.D., 2007 , Fordham University (cum laude) B.A., 2004, New York University Yutaka Kuroda John Middleton Nagashima Ohno & International Air Transport Tsunematsu Association (IATA) JP Towere, 2-7-2 Marunouchi, 33 Route de l’Aeroport Chiyoda-ku 1215 Geneva 16 Airport, Tokyo Japan 100-7026 Switzerland Tel: +81 3 6889 7200 Tel: +44 22 770 2002 Email: Email: [email protected] [email protected]

Practice Area Background M&A, Restructuring/Insolvency, Corporate Governance, Asia, General Corporate John is Assistant General Counsel for the International Air Transport Association (IATA), based in Geneva, Switzerland. He serves as IATA’s Educations/Professional Experience bankruptcy specialist, leading the legal response and support for all airline 2000 The University of Tokyo (LL.B.) bankruptcy and (non-sanction) suspension cases worldwide, managing the 2001 Admitted to Daini Tokyo Bar Association claims process for IATA in multiple jurisdictions, and protecting IATA’s Associate at Asahi Law Office (until 2006) interests in bankruptcy and suspension cases in over 50 countries. 2007 Northwestern University School of Law (LL.M.) Associate at Nagashima Ohno and Tsunematsu John is also Regional Counsel for IATA’s Africa / Middle East region, providing 2008 Civil Affairs Bureau, the Ministry of Justice (until 2010) the first point of contact for IATA’s local and regional offices and leading the 2014 Partner at Nagashima Ohno and Tsunematsu legal department’s response to local and regional issues including antitrust Adjunct Lecturer, The University of Tokyo investigations, travel agent litigation, and corporate compliance. He also is responsible for legal support for the IATA Worldwide Airport Slots team, Committees including participation in Slots Policy Working Group and Joint Slot Advisory 2013 Member of Insolvency Study Group at Daini Tokyo Bar Association Group meetings, antitrust review for multiple Slots Conferences, and key 2014 Member of Conference for the Governance for involvement with advocacy and regulatory campaigns. Organizations of Sports Prior to joining IATA, John was an associate with the bankruptcy and 2014 Member of the Company Act Advisory Group, the Project of restructuring group at Haynes and Boone, LLP in Dallas, Texas. While with Assistance for Legal Reform in Myanmar (JICA) Haynes and Boone, he was involved in multiple cross-border transactions 2015 Member of Investigation Committee of Construction Project of National Stadium and bankruptcy cases – focusing on bankruptcy litigation – and served as external global bankruptcy counsel for IATA. He was also named a Super Work Highlights Lawyers Texas Rising Star in 2013 while with Haynes and Boone. Advised Elpida Memory Inc. (2012-2013) John has spoken and written on a variety of bankruptcy and aviation topics, Deputy Trustee of MtGox Co., Ltd. (2014-) Advised creditors to Skymark Airlines Inc. (2015) including recent presentations on competition law and slots coordination, in Vancouver, and on the impact of the financial crisis on aviation markets and Publications/Seminars dispute resolution, in Paris. He is a graduate of Baylor University in Texas, Seminar: Public Company and Related Legal Systems where he earned both his J.D. and B.A., each magna cum laude. (@Naypyidaw, 2012) Article: Stronger governance under Japan’s Company Act (International Financial Law Review, May 2014 Japan Guide 2014) Seminar: Key points for the management of corporate group after enforcement of new Companies Act (@Tokyo, 2014) Publications: “The Practice of Legal Due Diligence – Key to Success for M&A (3rd Edition)” (Chuo Keizai Sha, 2014) Seminar: Speaker at Insolvency Section, International Bar Association Annual Conference 2015, Vienna (“Alpine Bau”) Zentaro Nihei James Richardson Anderson Mori & Tomotsune PricewaterhouseCoopers LLP Akasaka K-Tower, 2-7, Motoakasaka 300 Madison Avenue 1-chome New York, New York 10017 USA Minato-ku, Tokyo 107-0051, Japan Tel: 347.514.0103 Tel: +81-3-6894-2003 Email: Email: [email protected] [email protected]

Background Expertise – Turnaround for distressed organizations: operational Zentaro Nihei is a partner at Anderson Mori & Tomotsune. His turnaround, cost reduction, working practice focuses on financial restructuring and workouts, capital improvement, cash forecasting, refinancing, representing a wide range of debtors, creditors and distressed Skills – Rapid identification and analysis of underlying business issues, investors globally. He has advised major institutions on some of the devising innovative solutions to address. Financially trained, with significant operational experience. Also largest restructuring deals in Asia and played an important role in a work well under high number of major cross-border insolvencies, including Spansion pressured turnaround environments with strong relationship building Japan’s restructuring. abilities. He has several years of experience working in New York and Experience – 6 years’ experience supporting 30+ organizations in over 10 countries, from SMEs to Fortune 500 companies. London at the Boston-based international law firm Bingham McCutchen, and at Sumitomo Mitsui Banking Corporation Europe, Professional Experience: where he advised on legal aspects of debt restructuring. He is a Project Noah 2015 Florida, USA Japan- and New York qualified lawyer. Rapid identification of sustainable run-rate cost savings to a highly Practice Areas leveraged PE backed business that is due to trip covenants in early 2016. Exceeded management expectations and quadruple run-rate EBITDA. Restructuring/Bankruptcy and Insolvency; M&A Commercial Project Lunar 2015 Connecticut, USA Litigation; IP Licensing and Options analysis and financial model for a Connecticut-based firm, Transactions; Asia and Emerging Countries; Corporate and weighing up future strategy options in light of a potential Bankruptcy filing. Commercial Law Project Water 2015 Palo Alto, USA Working Capital Optimization for a Fortune 500 business, including a rapid Education assessment of recent results, understanding of key movement drivers, and Kyoto University, Bachelor of Laws (2003); Duke University recommendations for improvement. School of Law, Master of Laws (2011) Fortune 1000 Technology 2015 Philadelphia, USA Going Concern review, including stress testing financial projections against Admissions liquidity constraints and borrowing capacity. Japan (2004) New York (2012) Academic History ACA Sept 2012 - Present Institute of Chartered Accountants in England & Wales Languages 2:1 Music BA (Hons) Sept 2006 – July 2009 University of Leeds Japanese Other qualifications: English Excel Modelling - Institute of Chartered Accountants in England & Wales 2014 Insolvency, Administration and Leveraged Buy-Outs – PwC Residential Professional Associations 2013 Daiichi Tokyo Bar Association PRINCE2 – UK industry standard Project Management qualification 2013

Other: Key Interests: Charity, International Travel, Cycling Clean Driving License Yuri Sugano Foteini (Fay) Teloni Nishimura & Asahi Shearman & Sterling Otemon Tower, 1-1-2 Otemachi, 599 Lexington Avenue Chiyoda-ku, Tokyo New York, New York 10022 USA 100-8124, Japan Tel: 212.848.4579 Tel: +81-3-6250-6466 Email: [email protected] Email: [email protected]

Background EDUCATION Foteini (Fay) Teloni is an associate in the Financial Restructuring and Master of Law (LL.M) -New York, NY Insolvency Group of Shearman & Sterling, in New York. Prior to joining New York University School of Law - May 2012 Shearman & Sterling, she was an adjunct professor of law and doctoral Qualified by Japanese Bar – Japan – 2003 fellow at Fordham Law School, where she was teaching and conducting Bachelor of Law (LL.B) - Kyoto, Japan research on corporate reorganization and distressed asset sales. Her Kyoto University -March 2001 scholarship, empirical in nature, has appeared in the American Bankruptcy PROFESSIONAL BACKGROUND Institute Law Review and the American Bankruptcy Law Journal. Fay holds Nishimura & Asahi, Tokyo, Japan an S.J.D. degree in business bankruptcy law from Fordham Law School, Partner - 2016-present LL.M. degrees from Fordham Law School (LL.M. in Banking, Corporate, and Senior Associate - 2007-2015 Finance Law) and the National and Kapodistrian University of Athens (LL.M. Expertise: M&A, Bankruptcy/Restructuring, General Corporate in Corporate and Commercial Law), and is a law graduate of the National and Kapodistrian University of Athens (LL.B.). GCA Savvian Corporation - Tokyo, Japan 2012-2013 Education *I was seconded from Nishimura & Asashi to GCA Savvian Fordham University School of Law, S.J.D. Business Bankruptcy Corporation, a M&A consulting firm, and worked as a financial Fordham University School of Law, LL.M. Banking, Corporate and Finance advisor. National and Kapodistrian University of Athens, School of Law, LL.M. Commercial Law OH-Ebashi LPC & Partners - Osaka/Tokyo, Japan National and Kapodistrian University of Athens, School of Law, LL.B. Associate - 2003-2007 Bar Admissions PUBLICATIONS / Seminars New York State (2013) Article: Pensions and Insolvency. INSOL International - An Athens, Greece (2011) International Survey. (Nov 2015) Publishing: An industry specific guide to business turnaround in Languages Japan. Kinzai Institute for Financial Affairs Inc. (Mar 2015) Greek English Article: “Japanese bankruptcy proceedings and class action in the U.S.: analysis regarding a bankruptcy case of Mt.Gox” (with Shinnosuke Fukuoka). NBL No. 1038 (Nov 2014)

Publishing: Ideal Practices for out-of-court workouts. Minjiho- Kenkyukai (Sep 2014) Publishing: Theory, Practice, and Format for Special Liquidation. Minjiho-Kenkyukai (Feb 2010)

Article: “Handling of Partial Transfer of Reorganization Claims under Japanese Reorganization Procedures” (with Yoshitaka Hamada). Journal of the Financial and Business Law Precedents No.1331 (Jan 2010)

Seminar: “Practices and Skills of contractual documents for overseas development by small and medium enterprises” Universities for SME (small and medium enterprises) of Organization for Small and Medium Enterprises and Regional Innovation, Japan (2013-) Ivo-Meinert Willrodt Takuro Yamaguchi PLUTA Rechtsanwalts GmbH Oh-Ebashi LPC & Partners Niederlassung München Kishimoto Bldg. 2F, 2-2-1 Barthstraße 16 Marunouchi 80339 München Chiyoda-ku, 100-0005 Tel: +49 89 858963-3 Tokyo, Japan Email: ivo- Tel: +81 3 5224 5981 [email protected] Email: [email protected]

Background Education Ivo’s practice focuses on complex corporate restructuring and insolvency Law School of University of Southern California matters both domestically and in cross-border contexts. Since years he is LL.M. (May 2012) – 2011-2012 regularly appointed as Insolvency Administrator by several courts in the The Legal Training and Research Institute of the Supreme Court of Japan South of Germany (Handling of more than 250 corporate bankruptcy Diploma (October 2005), Major: Law – 2004-2005 cases) and has comprehensive experience in Insolvency Proceedings of all sizes. Tohoku University, Faculty of Law Bachelor of Law (March 2003); GPA and class rank not available 1999- He has extensive experience in both the legal and commercial aspects of corporate restructurings, bankruptcies, receiverships, work-outs and 2003 enforcement of creditors’ rights, remedies, in the negotiation, Professional Background documentation and prosecution of insolvency plans, shareholders Oh-Ebashi LPC & Parnters liabilities and claw back claims, plan confirmation proceedings and October 2005 – Present recognition of foreign insolvency proceedings, the negotiation and Associate Lawyer documentation of director liabilities claims and fraud actions. His Special Field: Corporate Law and Corporate Reorganization expertise covers insolvency, banking, restructuring arrangements and distressed M&A. Professional Membership Japan Federal Bar Association He also advises clients on the legal aspects of investing in distressed Tokyo Bar Association investments and in distressed situations. His case experience spans a American Bar Association, Section of Antitrust variety of industries, including the automotive, manufacturing, retail, solar, “grey” capital market, private equity and telecommunications Publications sectors. Takuro Yamaguchi, three serials of “Duty of Care as a prudent manager Ivo is a lawyer and holding a M.B.A from the University of St. Gallen and Fiduciary Duty of Loyalty of Director,” Shoji homu, Vol.1837 to (Switzerland). Ivo has been granted the title of Accredited Specialist in Vol1839 (July 5, 2008 to July 25, 2008.) Bankruptcy Law (Fachanwalt für Insolvenzrecht) by the ‘Stuttgart Bar Takuro Yamaguchi et al., Practical Commentary on Revised Companies Association. He was recently named a Fellow of INSOL International, a Act of 2014 (Shoji homu, December 2014) world-wide federation of national associations of lawyers, accountants and other professionals who specialize in turnaround and insolvency Lectures matters on an international level.  Overview of Amendment of Tokyo Stock Exchange Regulation (2010) Ivo also worked for a stock listed (Mid-Cap Dax) private equity company  Commentary on Revised Companies Act of 2014 (2014) as a Director and for 3 years in Germany and the USA for an engineering  Seminers regarding Management Guarantee (2014-2015) and a chemical company as a CRO.  Best Practices for Complying With the Corporate Governance Code Professional Qualifications/Education/Language (2015)  Lawyer (‘Rechtsanwalt’) First State Exam: University of Munich, State of Bavaria Activities Second State Exam: State of Brandenburg Adjunct Lecturer of Tokyo University of Foreign Studies (2015)  Executive M.B.A HSG (CH)  Accredited Specialist in Bankruptcy Law  Fellow of INSOL International  German, English, French Carmen Yeung Shinichiro Yokota KPMG Mori Hamada & Matsumoto Prince’s Building, 10 Chater Road Marunouchi Park Building 8th Floor 2-6-1 Marunouchi Chiyoda-ku Central, Hong Kong Tokyo, Japan 100-8222 Tel: +852 2140 2274 Tel: +81 3 6212 8365 Email: Email: [email protected] [email protected]

Background Education Carmen Yeung is an associate director of Restructuring Services Duke University School of Law, North Carolina, the United States team in KPMG Hong Kong. She joined KPMG in 2008 and has been 2009-2010 working in a wide variety of engagements around corporate restructuring and insolvency, both in court and out of court. Master of Laws Admitted to the bar in New York, the United States in April 2011 Carmen advised distressed companies as well as creditors and/or potential investors of distressed companies in matters involving The Legal Training and Research Institute of the Supreme Court of Japan, restructuring and/or recapitalisation, independent business review, 2003-2004 - Saitama, Japan cash flow monitoring, pre-pack sale, asset recovery, court Admitted to the bar in Japan in October 2004 liquidation and administration. She has participated in various cross The University of Tokyo, Tokyo, Japan 1998-2002 border restructuring and insolvency situations which either the Bachelor of Laws companies have significant assets/operations in China or Chinese companies have significant foreign investments and/or assets. Professional Background Mori Hamada & Matsumoto, Tokyo, Japan 2004-2009, 2011-present Carmen has significant experience serving clients in a wide range of Attorney-at-law, Associate industries including financial institutions, renewable energy, Litigation and Transactional Practice education and industrial manufacturing. Bankruptcy/Insolvency  Have handled several major domestic and international Education bankruptcy/insolvency cases  Bachelor of Business Administration in Global Business and  Recognition of Foreign Insolvency Proceedings for certain entities in Finance, Hong Kong University of Science and Technology Lehman Brothers Group  Member of Hong Kong Institution of Certified Public  Civil Rehabilitation Proceedings (minji-saisei) for Urban Corporation (one Accountant (HKICPA) of major real estate company in Japan)  HKICPA Professional Diploma in Insolvency  Corporate Reorganization Proceedings (kaisya-kousei) for The Sanko Steamship Co., Ltd. (one of major shipping company in Japan) Languages English Publications Mandarin Japan Federal Bar Association Cantonese Tokyo Bar Association American Bar Association, Section of Antitrust Publications  "Court Decisions and Cases on Corporate Responsibility in The Case of False Disclosure" (Corporate Accounting (kigyoukaikei), November 2008) (Co-author)  "Labor Management Guide Book of M&A" (CHUOKEIZAI-SHA, INC., 2007) (Co-author)  "Q&A What Do You Do Then? (Commercial Law): How to Dismiss the Employee who has been Arrested for Child Prostitution," (Business Houmu, Vol.6 No.7, July 2006) (Co-Author)  "Things to Keep in Mind Regarding the Amendment to the Consumer Contract Law," (Monthly Corporate Auditor, No.517, September 2006) III NEXTGEN LEADERSHIP PROGRAM AND CLASS V INDUCTION

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