On August 4, 5 and 6, 2025 the Initiative hosted its annual Corporate Restructuring & Bankruptcy Workshop at NYU Stern's Henry Kaufman Management Center.
The Workshop welcomed over 50 participants from a diverse set of financial and legal
backgrounds from the US and abroad to participate in a 3-day intensive program led by
expert faculty and practitioners. The Workshop hosted two networking receptions for
participants including a Judges Reception that included local bankruptcy judges.
This year’s Workshop was co-sponsored by Guggenheim and Sullivan & Cromwell.
The faculty for the Workshop included: Professor Edward Altman (Academic Director), Adjunct Professor Dan Kamensky (Executive Director), Donald Bernstein (Davis Polk), Julian Bulaon (Octus), Jared Muroff (Octus), Christian Jensen (Sullivan & Cromwell), Brian Glueckstein (Sullivan & Cromwell), Andy Dietderich (Sullivan & Cromwell), Ronen Bojmel (Guggenheim), Michael Gatto (Silver Point Capital), Holly Etlin (Alix Partners), Lauren Basmadjian (Carlyle), Lauren Krueger (KKR), Adriano Biancho (Alvarez & Marsal), Jim Millstein (Guggenheim), Robert Stark (Brown Rudnick), Larry Halperin (Chapman), Michael Friedman (Chapman) and Judge Robert Drain (ret.) Skadden.
Participants received a Certificate of Completion from NYU Stern.
Please reach out Professor Ed Altman (eia1@stern.nyu.edu) and Adjunct Professor
Dan Kamensky (dk5154@stern.nyu.edu) for more information about upcoming
Workshops.
Day 1 - August 4th
Breakfast
- Program Introduction
- Corporate Credit Cycle: Professor Altman
- Credit Analysis for Distressed Opportunities: Adjunct Professor Daniel Kamensky
Luncheon Guest Speakers
- General Growth Properties: Andy Dietderich (Sullivan & Cromwell) & Ronen
Bojmel (Guggenheim) - Introduction to Credit Documentation: Julian Bulaon (Octus)
- Liability Management: Jared Muroff (Octus)
Networking Reception
Day 2 - August 5th
Breakfast
- Corporate Bankruptcy Fundamentals: Donald Bernstein (Davis Polk)
- FTX Case Study (Confirmation Framework): Christian Jensen (Sullivan & Cromwell) & Brian Glueckstein (Sullivan & Cromwell)
Women Take Credit Luncheon –Holly Etlin (Alix), Lauren Krueger (KKR) & Lauren
Basmadjian (Carlyle)
- Distressed Investing Strategies: Adjunct Professor Daniel Kamensky
- An Insiders View of European Restructuring: Adriano Biancho (Alvarez & Marsal)
- Strategies of Distressed Investors: Michael Gatto (Silver Point Capital) - Case
Study: Hostess
Bankruptcy Judge Reception
Day 3 - August 6th
Breakfast
- Program Reflection
- Retrospective on the Z Score: Professor Altman
- Bankruptcy Litigation Framework: Robert Stark (Brown Rudnick) - Case Study:
Revlon
Lunch - Special Guest Speaker: Jim Millstein (Guggenheim)
- Group Project Negotiation: Larry Halperin (Chapman), Michael Friedman
(Chapman), Judge Robert Drain (ret.) - Group Project Debrief
- Workshop Wrap-Up
