NOVEMBER 2016
SPECIAL #GIVINGTUESDAY EDITION
VOL. 3, NO. 11
DEVELOPMENTS
From the ABI Anthony H.N. Schnelling Endowment Fund
 
Today is Giving Tuesday — a Global Day Dedicated to Giving!
Last year, more than 45,000 organizations in 71 countries came together to celebrate #GivingTuesday. Since its founding in 2012, #GivingTuesday has inspired giving around the world, resulting in greater donations, volunteer hours and activities that bring about real change in communities. We invite you to join the movement and give this November 29.
 
#GIVING TUESDAY

 
A HISTORY OF GROWTH AND COMMITMENT

The ABI Endowment Fund was created in 1989 to provide resources for research and education. Named to honor late Vice President - Development Tony Schnelling, the Endowment funds work that no other bankruptcy organization can or will do. With ABI's stature as our industry’s leader, it's ABI's responsibility to lead the way in giving back to the profession. In all, the Endowment has awarded more than $3 million in grants, prizes and scholarships since its first award in 1990. There's so much more to do, and with your help, we can do it.

YOUR DONATIONS AT WORK

Has the ACA Affected Bankruptcy Filing Rates?
An empirical study is underway to examine whether the expansion of Medicaid through the Affordable Care Act (ACA) has had a correlative effect on the rate of consumer bankruptcy filings across the country. The study, “Consumer Bankruptcy and The Patient Protection and Affordable Care Act: Placebo or Panacea?” is a groundbreaking look at these issues and will take place over 2-3 years with the results to inform how to reform the ACA.

What’s the Effect of Financial Education on Distressed Consumers?
The study will test whether original, re-conceived consumer education materials have a positive effect on the financial health of struggling individuals. The empirical study “allows us to link dollars spent on various legal interventions and the incidence of bankruptcy filings,” according to the researchers.

How Should Chapter 11 Be Modernized for the 21st Century?
This was ABI’s most ambitious research project ever: three years of study by 20 of the top thought leaders in the community, aided by hundreds of other senior professionals from the bench, bar and academia. The 400-page final report, drafted by Reporter Michelle M. Harner, a law professor at the University of Maryland Francis King Carey School of Law, details more than 200 discrete recommendations for reform. The U.S. Court of Appeals for the Ninth Circuit cited the Report in its holding in its Yellowstone opinion on Nov. 28.

EACH AND EVERY YEAR, THE ENDOWMENT FUNDS THE FOLLOWING:

St. John’s University LL.M. in Bankruptcy Scholarship: The American Bankruptcy Institute Endowment Fund awards a $15,000 annual scholarship to a student from St. John’s University School of Law’s LL.M. in Bankruptcy program based on the student’s credentials, demonstrated interest in bankruptcy law and potential for success in the field. The Endowment has awarded $200,000 since the fall of 2000. The first recipient of the LL.M. Scholarship was Douglas E. Deutsch, who is now a partner at Clifford Chance LLP in New York and serves as ABI’s VP-Education.

Robert M. Zinman Resident Scholar Program: ABI provides funding for a top academic to serve a semester in residence at ABI in pursuit of writing, education and research.

Moot Court Competition: The Endowment provides cash prizes for the Duberstein Memorial Moot Court Competition, now in its 25th year.

Corporate Restructuring Competition: The Endowment provides cash prizes for this annual MBA case competition, held at The Wharton School.

WE NEED YOUR HELP TO CONTINUE TO COMMIT TO ALL OF THESE PROGRAMS
EASY WAYS TO GIVE:
• Pledge and pay over five years • Join Monthly Giving Program • Pledge or pay online • Donate with your annual dues payment • Planned Giving and Stock Donations • Be an auction donor • Designate the Endowment to receive residual funds • Choose us on Amazon Smile • Ask your firm to match your donation • Designate ABI for Combined Federal Campaign • Get involved in your region • Attend or sponsor Endowment Events • Donate book royalties
A special thank you to our newest Monthly Giving Program Donors
Jon Lieberman Jon Lieberman
Sottile & Barile,
Attorneys at Law


“I wanted to express my lifelong commitment to ABI. By automatically giving each month for the rest of my life, it allows me to do just that. In this way, I can actually give more to ABI than through a one‑time contribution.”
 
Nancy Rapoport Nancy Rapoport
William S. Boyd School of Law at UNLV


“Among the things I'm thankful for is the research that the ABI Endowment supports—this is nonpartisan, high-quality research that moves our profession forward, and being able to give monthly to the Endowment is the easiest way to support ABI!”
 

Newest Donor roll

ABI thanks the latest donors who have joined a special group dedicated to advancing research of interest to the bankruptcy community.

In Memory of Steven A. Schwaber
Geoffrey L. Berman (Development Specialists, Inc.), Richard Carmody (Adams and Reese LLP), Edward T. Gavin (Gavin/Solmonese LLC), Nancy Rapoport (William S. Boyd School of Law, UNLV)

New Millennium Level ($50K)
Robert P. Reynolds
Reynolds, Reynolds & Little, LLC

New Visionary Member ($20K)
Jerry M. Markowitz
Markowitz, Ringel, Trusty Hartog, P.A.

New Legacy Members ($15K)
Donald A. Workman
BakerHostetler

New Benefactors ($5K)
Teresa C. Kohl
SSG Capital Advisors, LLC

Christopher A. Ward
Polsinelli

New Sustaining Member ($2K)
Paul H. Deutch
Rust Omni

Thomas M. Horan
Shaw Fishman Glantz & Towbin LLC

SM Financial Services Corporation
Jane Mitnick and Steven Mitnick

Melissa A. Youngman
Melissa A. Youngman, P.A.

New Leadership Club ($1K)
Hon. Kevin J. Carey
U.S. Bankruptcy Court, District of Delaware

Professor Lois R. Lupica
University of Maine School of Law

Baltimore Endowment Event

Endowment Hockey Event

Please join us for holiday fun at the Wells Fargo Center in Philadelphia on December 21, 2016, for a night of great hockey and fun networking in a luxury suite generously donated by Gavin/Solmonese, complete with food and open bar. This event is sure to be a sell‑out!
register today

Sponsored by: McGuireWoods LLP, Polsinelli and Shook, Hardy & Bacon.

EVENT RECAPS

November was a busy month for Endowment Events! The Houston event, held at The Grove, was a huge success, with over 100 attending. There were also sold-out dinners held in Baltimore and LA. The Corporate Restructuring Competition at Wharton was held on Nov. 11. Look for details on these events, as well as Endowment activities from the Winter Leadership Conference, in the December edition of Developments.

Amazon Smile

AmazonSmile is a simple and automatic way for you to support the ABI Endowment every time you shop, at no cost to you. When you shop at smile.amazon.com, you’ll find the exact same low prices, vast selection and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to the Endowment Fund.

amazon smile

Endowment Fund Development Committee

Vice President—Development:
Edward T. Gavin
Gavin/Solmonese LLC

Committee Members:
Richard S. Lauter
Lewis Brisbois Bisgaard & Smith LLP

Jerry M. Markowitz
Markowitz, Ringel, Trusty + Hartog, P.A.

Robert P. Reynolds
Reynolds, Reynolds & Little, LLC

Mitch Ryan
Donlin, Recano & Co., Inc.

Kelly Beaudin Stapleton
Alvarez & Marsal

Christopher A, Ward
Polsinelli

Endowment Fund

Regional Endowment Chairs

 

Mid-Atlantic
Chair: Christopher A. Ward – Polsinelli
Charles Forman – LeClairRyan, PC
Neil B. Glassman – Bayard, P.A.
Thomas M. Horan – Shaw Fishman Glantz & Towbin, LLC
Warren Martin – Porzio, Bromberg & Newman, PC
Richard M. Meth – Fox Rothschild LLP

Midwest
Co-Chair: Claire Ann Resop – Steinhilber Swanson LLP
Co-Chair: Mark G. Stingley – Bryan Cave LLP
Daniel A. DeMarco – Hahn Loeser & Parks LLP
Reginald W. Jackson – Vorys, Sater, Seymour and Pease LLP
Richard S. Lauter – Lewis Brisbois Bisgaard & Smith LLP
James A. Lodoen – Lindquist & Vennum LLP
Scott Y. Stuart – Esquify, Inc.
Sheryl L. Toby – Dykema Gossett PLLC

New England
Chair: Jeffrey T. Varsalone – CBIZ MHM, LLC

New York Metro
Co-Chair: Lisa G. Beckerman – Akin Gump Strauss Hauer & Feld LLP
Co-Chair: Allen D. Wilen – EisnerAmper LLP

Rocky Mountain
Co-Chair: Annette W. Jarvis – Dorsey &
Whitney LLP

Lynne Long – Summit Investment
Management LLC

South
Chair: Robert P. Reynolds – Reynolds,
Reynolds & Little, LLC

Lawrence R. Ahern III – Brown & Ahern
Chip Bowles – Bingham Greenebaum Doll LLP

 

Richard P. Carmody – Adams and Reese LLP
Rudy J. Cerone – McGlinchey Stafford, PLLC
Craig M. Geno – Craig M. Geno, PLLC
Jennifer B. Kimble – Prime Clerk
Stephen P. Wheelis – Wheelis & Rozanski, APLC

Southeast
Chair: Jerry Markowitz – Markowitz, Ringel, Trusty + Hartog, P.A.
Terri L. Gardner – Nelson Mullins Riley & Scarborough, LLP
Neil C. Gordon – Arnall Golden Gregory LLP
Jennifer McLemore – Christian & Barton, LLP
Jennifer M. Meyerowitz – Olofson Technology Partners
Edward J. Peterson, III – Stichter, Riedel, Blain & Prosser, PA
Lynn Lewis Tavenner – Tavenner & Beran, PLC
Glenn Thompson – Hamilton Stephens Steele & Martin, PLLC

Texas & Southwest
Co-Chair: Jason S. Brookner – Gray Reed & McGraw, PC
Co-Chair: Scott Van Meter – Berkeley Research Group, LLC
Thomas H. Grace – Vorys, Sater, Seymour and Pease LLP
Jordan A. Kroop – Perkins Coie LLP
John Penn – Perkins Coie LLP
Thomas J. Salerno – Stinson Leonard Street LLP

West
Co-Chair:  Mitch Ryan – Donlin Recano & Company, Inc.
Matthew Gates – Duff & Phelps, LLC
Scott Gautier – Robins Kaplan LLP

 
 
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