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### **MIT/NYU COLLABORATION ON NEGOTIATING WORKOUT AGREEMENTS:**

THURSDAY, APRIL 24, 2014

***Students participating in the negotiation represent real estate degree programs from NYU Schack, NYU Stern, NYU Law, MIT MSRED and MIT Sloan.***

*Generously hosted by:*

**Fried, Frank, Harris, Shriver & Jacobson LLP
One New York Plaza
New York, New York 10004**

10:00 – 10:30 a.m. Registration

Co*ffee, tea, and water will be available.*

10:30 – 10:40 a.m. Welcome

***Harry Silvera*** Partner, Fried Frank Harris Shriver & Jacobson LLP
***Ed Glickman*** Clinical Professor of Finance and Executive Director of the Center for
Real Estate Finance Research, NYU Stern School of Business

***Manish Srivastava*** Clinical Associate Professor of Real Estate Finance and Investment,
NYU Schack Institute
***Tod McGrath*** Executive Director, Lecturer, and Chairman of the Advisory Board,
MIT Center for Real Estate; President, advisoRE, LLC

10:40 – 12:00 p.m. Discussion of the Overarching Business Objectives of the Parties

Noon Lunch

*Boxed lunches and beverages will be distributed.*

12:15 – 3:45 p.m. Breakout Sessions with Counsel

Mixed teams of NYU and MIT students will be assigned to four negotiating teams (two Lender teams, two Borrower teams) to discuss which provisions in the form Loan Modification Agreement aren’t workable for them, what revisions are required, AND WHY.

4:00 – 6:00 p.m. Negotiation Sessions with Counsel and Celebrity Judges

Two parallel negotiations will occur between Borrower and Lender teams. Only the students will negotiate; counsel can only comment on what they’ve heard after the students’ arguments have been made and the moderator ends discussion of a particular provision. Celebrity Judges *(Bob Lieber, Rob Verrone, Ron Pastore, Peter McNally, Bob Garrow, FX Jacoby, Rob Gifford, Rob Silpe, Michael Nash, Larry Ellman and Chris Westfahl, among others)* will offer helpful commentary on the quality of the students’ arguments.

6:15 – 7:30 p.m. Closing Remarks and Networking Reception

*Beer, wine, and hors d'oeuvres*

[Program PDF](/sites/default/files/assets/documents/con_046580.pdf)