The Contemporary World: The Globalization of World Politics
CAIRP Annual Conference 2009
1. CANADIAN ASSOCIATION OF INSOLVENCY AND RESTRUCTURING PROFESSIONALS
ShapingThe Future
CAIRP Annual Conference 2009
Deerhurst Resort, Huntsville ON
2. Message From The Committee
We are delighted to invite you to the CAIRP Annual Conference 2009. In celebration of our
Annual Conference 30th anniversary, we have extended an unprecedented opportunity to industry colleagues
Committee across the country, to join our members for the first time for what promises to be a valuable,
all-encompassing experience.
Chair In our leadership role, CAIRP is committed to delivering the highest-quality educational
Angela Pollard, CIRP programs nationally, to provide industry practitioners with vital information on diverse
Pollard & Associates Inc. issues and developments pertaining to consumer and commercial insolvency.
Vice-Chair At this year’s Annual Conference, attendees will have the extraordinary opportunity to hear
an esteemed faculty of experts discuss a variety of salient topics, as well as participate in a
Yvonne Sutton, CIRP
series of stimulating, interactive breakout sessions. But it’s not all work and no play. We
Meyers Norris Penny Limited recognize that there is a certain level of intensity associated with our day-to-day work and,
in particular, current market conditions. We have therefore ensured that our conference
Stuart Clinton, CIRP satisfies all aspects of self-development – integrating learning, networking, social
Ernst & Young Inc. functions, and a variety of leisure activities for those in attendance, as well as spouses,
significant others and children.
Peter Farkas, CIRP We look forward to you joining us, and trust that your experience at the CAIRP Annual
RSM Richter Inc. Conference 2009 will be a rewarding one.
Andy Fisher, CIRP
A. Farber & Partners Inc.
Jay Harris, CIRP
Sponsor Recognition
Harris & Partners Inc.
Bryan Tannenbaum, FCIRP
Executive Partners
Deloitte & Touche Inc.
Elite
Board Liaison
Colleen Craig, CIRP
C.E. Craig & Associates Inc. Select
Observer
oairp
Serving Our Members across Ontario
Professor Janis Sarra
University of British Columbia
Faculty of Law
Exhibitor Partners
Platinum
Gold
Silver BEST 5970
Program SMALL &
MEDIUM
EMPLOYERS IN CANADA
10 Year Anniversary 1998•2008 SAS 70
CERTIFIED
Participation
13 MPD Hours
3. 2
Annual Conference Program 2009
Wednesday, August 19
10:00 am Pre-Conference Networking Golf Tournament
Grandview Golf Club
5:30 pm Opening Night Cocktail Reception
The Rotunda
6:30 pm Opening Night Keynote Dinner
Peninsula Room
Welcome Remarks from Alan Spergel, CIRP, CAIRP Chair
Keynote Speaker
Rex Murphy, Journalist, Radio & TV Host
Thursday, August 20
7:30 am Breakfast
Eclipse Dining Room
8:30 am Opening Remarks
8:45 am Session 1
Waterhouse Ballroom 4-5
Keynote Speaker
Susan Schadler, M.Sc., Economist, Washington
Ms. Schadler was the former Deputy Director of the European Department of the IMF (International Monetary Fund) and is
currently a Senior Associate Member of St. Anthony’s College of the University of Oxford, and Associate Fellow Chatham
House, London, England. Ms. Schadler will speak about the underlying causes of the global financial crunch, and what must
be done to alleviate disruptions and reduce the risk of future crises.
10:00 am Networking Break
10:30 am Session 2 Breakout
A Recent Case Law Dealing With Personal Insolvency Matters, Including Taxation Issues, Gambling,
Increased Volume And RRSPs
Waterhouse Ballroom 1-3
Registrar Murray Blok, Supreme Court of British Columbia
Registrar Scott Nettie, Superior Court of Justice of Ontario
Jane Martin, Page, Martin LLP
One of the key strategies for effectively operating a personal insolvency practice is to remain current on the ever-changing
and challenging issues occurring on the front lines of the Registrar’s courts. This is an outstanding opportunity to hear from
representatives of the Registrar’s community from across Canada, as well as a senior insolvency counsel’s interpretation on
how these decisions affect trustees.
Shaping The Future
Annual Conference 2009
4. 3
Annual Conference Program 2009
Thursday, August 20
B Dealing With Cross-Border Insolvencies, Chapter 15 And Trends In Chapter 11 Proceedings
Waterhouse Ballroom 4-5
The Hon. Madam Justice Elizabeth S. Stong, U.S. Bankruptcy Court, Eastern District of NY
The Hon. Mr. Justice Geoffrey Morawetz, Superior Court of Justice of Ontario
Chris Besant, Baker & McKenzie LLP
The Canadian and US economies are more integrated than ever, and it is vital that insolvency practitioners stay informed
about practices south of the border. This session will review the latest Chapter 11 developments and Chapter 15 proceedings.
The panel will discuss DIP financing availability, or the lack thereof, the growth of liquidating Chapter 11’s, recognition of a
Canadian order and when to start plenary proceedings in the US, as well as factors for enforcing US judgments.
C The Challenges For Insolvency Practitioners Facing Financial Scandals (French)
Lawren Harris Room
Jean Gagnon, CIRP, Raymond Chabot Inc.
Alain Tardif, McCarthy Tétrault LLP
In difficult times, creditors pursue all available avenues to mitigate their losses and/or diminish their negligence when
dealing with insolvent parties. Panelists will discuss if professionals who provide guidance to these insolvent parties could be
liable to third parties for opinions given.
12:00 pm Networking Lunch
Eclipse Dining Room
Generously Sponsored by Überbase
1:30 pm Session 3 Breakout
D Amendments To The Consumer Legislation And The Effects On The Administration Of Estates, Recovery For
Creditors And CRA’s Position On After-Acquired Property And Discharge Of Bankrupts
Waterhouse Ballroom 1-3
The Hon. Mr. Justice Stanley Kershman, Superior Court of Justice of Ontario
Registrar Janet Mills, Superior Court of Justice of Ontario
Alex Ilchenko, Lang Michener LLP
Diane Winters, Justice Canada
Expert panellists will discuss recent amendments to the BIA and the effects on consumer practices, as well as the impact on
the trustee’s administration of estates and recovery for creditors. Senior Counsel from the Department of Justice will focus on
the CRA’s position with respect to after-acquired property and how the amendments will affect the bankrupt’s discharge.
E Lessons From Recent Mandates
Waterhouse Ballroom 4-5
The Hon. Mr. Chief Justice Donald Brenner, Supreme Court of British Columbia
Dr. Janis Sarra, Assistant Dean, University of British Columbia, Faculty of Law
Derrick Tay, Ogilvy Renault LLP
A distinguished panel of insolvency professionals will offer enlightening perspectives on lessons learned from recent
restructuring and insolvency proceedings, which will undoubtedly shape the future of professional practices. Given recent
turbulent economic times, this discussion will address matters of significant impact .
5. 4
Annual Conference Program 2009
F The Restructuring Process From The Financial Institutions’ Point Of View (French)
Lawren Harris Room
D. William (Bill) Kennedy, Vice-President Special Loans, National Bank of Canada
Jean Gosselin, Senior Manager Special Loans, National Bank of Canada
Special Loans representatives will focus on strategies of value and timely services that can be provided by insolvency
practitioners to assist in their valuation of offside loans. In addition, the panel will discuss, from the bankers’ perspective,
formal restructuring proceedings, including the determination of which statute to follow and the benefits or disadvantages
of DIP financing.
2:45 pm Networking Break
3:15 pm Session 4 Breakout
G Demographics Of Insolvency Practitioners – Succession Planning, Valuation And Structural Issues
Waterhouse Ballroom 1-3
Andy Fisher, CIRP, A. Farber & Partners Inc.
John Campbell, Hilborn Ellis Grant
David Malach, Aird & Berlis LLP
It’s a fact that the trustee population is aging and there are fewer numbers of new practitioners entering the profession.
This presents unique challenges. Leading experts will discuss succession planning, including strategies for valuating a
practice and the tax consequences for either transferring or selling a practice.
H Bailout: What Has Transpired And The Effect On Labour, Union And Pension
Waterhouse Ballroom 4-5
The Hon. Mr. Justice Colin Campbell, Superior Court of Justice of Ontario
Ken Rosenberg, Paliare Roland Rosenberg Rothstein LLP
Gale Rubenstein, Goodmans LLP
The implications of government’s involvement in the economy will be addressed, as well as legislative changes and
conditions tied to the funds advanced to struggling industries. Will the government’s efforts to minimize job losses and the
relationship between labour and management impact future restructurings? Is this the beginning or end of government
intervention? Will temporary measures to allow more time to fund pension deficits become permanent? How will these
developments impact insolvency restructurings in the future?
I Technical Update (French)
Lawren Harris Room
Alain Tardif, McCarthy Tétrault LLP
Mr. Tardif will discuss recent developments in case law related to commercial and personal insolvency issues, and the
impact on insolvency practices.
4:30 pm Sessions Conclude
6:00 pm BBQ At The Point
Casual dinner for all attendees and their families at the waterside
Generously Sponsored by Überbase
Shaping The Future
Annual Conference 2009
6. 5
Annual Conference Program 2009
Friday, August 21
7:30 am Breakfast
Eclipse Dining Room
9:00 am Session 5
Economic Conditions Across Canada And The Future Landscape
Waterhouse Ballroom 4-5
Keynote Speaker
Avery Shenfeld, Chief Economist & Managing Director, CIBC World Markets
Avery Shenfeld will look ahead at the prospects for recovery in the Canadian and global economies, as well as the
implications for financial markets.
10:15 am Networking Break
Program Concludes For Non-Members
10:45 am 31st Annual General Meeting
Waterhouse Ballroom 4-5
11:30 am Morning Sessions Conclude
Lunch and leisure activities not scheduled by CAIRP
12:00 pm Closing Conference Golf Tournaments
Deerhurst Highlands and Lakeside Golf Courses
6:45 pm Chair’s Reception
The Rotunda
Generously Sponsored by Asset Inc.
7:15 pm Chair’s Banquet
Peninsula Room
Entertainment by After Midnight
Generously Sponsored by Firstbrook, Cassie & Anderson Ltd.
Saturday, August 22
7:30 am Breakfast
Eclipse Dining Room
9:00 am Session 6
Hot Topics For Insolvency Trustees
Waterhouse Ballroom 4-5
Jim Goth, CIRP, Goth & Company Inc.
Allen MacLeod, CIRP, D. & A. MacLeod & Company
Larry Prentice, FCIRP, Ernst & Young Inc.
A dynamic panel of Chartered Insolvency and Restructuring Professionals will deliver the widely-popular annual overview of
current issues affecting trustees’ practices. Audience members will be invited to participate in this interactive session, and
share perspectives and experiences with industry peers.
10:30 am Conference Concludes
7. General Information
Deerhurst Resort Reservations CAIRP Annual
The casually chic Pavilion Rooms ($199/night single/double) in the main facility at
Deerhurst have been exclusively allocated for CAIRP conference attendees, as well as
Conference 2009
ancillary accommodation at the nearby Junior One Bedroom Suites (formerly called At Deerhurst
Sports Villas) ($229/night single/double), which include a kitchenette, 1 bedroom with
2 double beds and pullout couch, and are ideal for families. Contact Deerhurst
Reservations directly and request the CAIRP Annual Conference rate. Credit card number Leisure Activities
and one night deposit required.
With three outdoor pools, a
Reservations guaranteed until 11:00 pm on arrival day. Check-in time 4:00 pm, check-out
11:00 am. Rates subject to 5% Ontario provincial room tax and 5% GST. No charge for lakeside water park and sandy
children under 18 years of age sharing a parent’s room, to maximum of 4 individuals per beach, as well as mountain
room. Deerhurst is a popular tourist destination. Please book early. Reservations made biking, hiking, golf, tennis,
after July 18th subject to accommodation and rate availability. Deposits refundable if sailing, windsurfing, waterskiing,
reservation cancelled at least 30 days prior to arrival date. Retain cancellation number
fishing, hummer tours, pony
provided by reservations agent.
rides, boat tours, woodland trail
rides, volleyball and more,
Directions
children and adults can enjoy
Car endless activities, including
Deerhurst Resort is 225 km north of Toronto, Ontario via Highway 11 North and a short 8 km
world-class spa services.
journey east on Highway 60 (on the outskirts of Huntsville). From Lester B. Pearson airport,
drive east on Hwy 409 to Hwy 401, continue east and then proceed north on Hwy 400 to
Barrie. Just north of Barrie, take Hwy 11 and continue north to Huntsville. The trip is
approximately 2.5 hours.
Children’s Programs
Train Deerhurst Resort, in conjunction
Take the Ontario Northlander to Huntsville from Toronto’s Union Station, Sunday to Friday. with the YMCA, offers half-day
Travellers must arrange taxi to resort. Call for train information 705.472.4500/1.800.363.7512
and full-day supervised
or visit www.ontarionorthland.ca/en/railpassenger/northlander/northlander.html.
programs for children from
Air 18 months to 12 years of age,
Deerhurst airstrip is available for private planes. Muskoka Airport is 45 km away in
7-days a week during the
Gravenhurst. Flights on small commercial aircraft available from Lester B. Pearson and other
regional airports. Limousines and shuttles from Lester B. Pearson also available. summer months. Activities
include arts and crafts, games,
Attire
sing-a-longs and other fun
Business attire required for Opening Night Cocktail Reception, Keynote Dinner, Chair’s
Reception and Banquet. Casual attire recommended for BBQ at The Point. outdoor play. Babysitting
services are also available.
For more information about
activities, programs and fees,
see the Deerhurst Resort
For Information Contact
brochures in your CAIRP
Deerhurst Resort Conference package or visit the
1235 Deerhurst Drive, Huntsville, ON P1H 2E8 Deerhurst website. Book early
T 705.789.6411/1.800.461.4393 to guarantee availability by
E info@deerhurstresort.com contacting Deerhurst directly.
W www.deerhurstresort.com
8. CAIRP Mission
• To educate and support members in providing insolvency,
restructuring and related advisory services in a manner that
instills the highest degree of public trust
• To advocate for a fair, transparent and effective system of
insolvency and restructuring administration
277 Wellington Street West
Toronto ON M5V 3H2
P 416.204.3242
F 416.204.3410
E info@cairp.ca
W www.cairp.ca