William Sudell, Gregory Werkheiser Serve as Panelists at Delaware Bankruptcy Court and Federal Bar Association Seminar

September 2008

Wilmington, DE – September 16, 2008 – William Sudell and Gregory Werkheiser, members in the Business Reorganization and Restructuring Group at Morris, Nichols, Arsht & Tunnell LLP served as panelists before a packed house of over 180 attendees at a special CLE seminar and social event co-sponsored by the United States Bankruptcy Court for the District of Delaware and the Delaware Chapter of the Federal Bar Association held in Wilmington, Delaware on September 11, 2008.  Wilbur L. Ross, Jr., the renowned American investor known for restructuring failed companies, was the Keynote Speaker.
 
Mr. Sudell participated in a panel discussion of attorney-client privilege issues in parent-subsidiary matters, with a focus on the Delaware Bankruptcy Court’s recent remand opinion and the Third Circuit's opinion in Teleglobe v. BCE. Mr. Werkheiser’s panel discussed the issues related to the treatment of intellectual property licenses and other intellectual property interests in bankruptcy, including their transferability and the effect of a licensor’s bankruptcy filing on a licensee’s continued access to and use of intellectual property.

Among select other panelists who joined Messrs. Sudell and Werkheiser were the Honorable Gregory M. Sleet, Chief Judge of the United States District Court for the District of Delaware, the Honorable Mary F. Walrath, United States Bankruptcy Judge for the District of Delaware, the Honorable Brendan L. Shannon, United States Bankruptcy Judge for the District of Delaware, Susan Hackett, Esq., Senior Vice President and General Counsel of the Association of Corporate Counsel, and Dana Hayter, Director of Licensing for Intel Corporation.

Mr. Sudell represents debtors and creditors’ committees, as well as secured and unsecured creditors, in the District of Delaware and elsewhere.  He has been selected by his peers as one of the top bankruptcy lawyers in Delaware, and has been recognized in Chambers USA: America's Leading Lawyers for Business, and other publications, as a leading individual in bankruptcy, reorganization and restructuring.  Mr. Werkheiser focuses his practice on chapter 11 business restructuring, advising fiduciaries and managers for distressed enterprises, bankruptcy acquisitions and transactions, committee representations, debtor-in-possession (DIP) financing, representation of secured and unsecured lenders to bankrupt or distressed companies and bankruptcy-related litigation.