Wilmerhale’s Thomas White to Speak at Knowledge Congress’ Statement 5 and 141R Loss Contingency Disclosures: An Update on 6/17/09
Jersey City, NJ, May 03, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts announced today that Thomas White, Partner, Wilmerhale will speak at The Knowledge Congress’ upcoming webcast entitled: “Statement 5 and 141R Loss Contingency Disclosures: An Update”. This 2-hour event is scheduled on June 17, 2009 , Wednesday, at 12:00 PM - 2:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2009_FASB5.html)
Event Synopsis
FASB's proposed Statement on Loss Contingency Disclosures, amending Statement 5 and 141R has faced many challenges. The proposal to amend FAS 5 and FAS 141R would make clearer the probability and timing in cash flow issues related to loss contingencies. However, some have pointed out that revisions would affect public companies adversely as they will be burdened with greater expenses, increased damages and settlements.
The Knowledge Congress is assembling a panel of key thought leaders and expert to help you understand the developments on Loss Contingency Disclosures. This two-hour webinar is a must see for everyone affected by these statements.
About Thomas White
Thomas White is a partner in the Corporate Practice Group. He joined the firm in 1979. Mr. White has practiced corporate and bankruptcy law at the firm since 1983. He is one of the firm’s leading practitioners in the area of corporate governance, and also has extensive experience representing corporate and institutional clients in complex business transactions.
Practice
Since passage of the Sarbanes-Oxley Act in 2002, Mr. White has developed a multi-disciplinary corporate governance practice. He has advised numerous Fortune 100, mid-cap, and small-cap companies and their boards and management on key issues under the Act, including internal control over financial reporting, attorney responsibility policies, director/officer loans, whistleblowers and auditor independence. He also advises clients and their boards and management on difficult corporate law, securities and accounting issues, and in conducting internal investigations.
Mr. White represents corporate clients in a wide range of transactions. These include both public and private merger transactions, bond and bank debt financing and securities offerings. Indicative of the types of complex transactions Mr. White has handled is the 1995 acquisition of West Publishing Company, the leading legal publisher, by Thomson Corporation, and the 1998 strategic restructuring of US Office Products, which involved a simultaneous equity investment, debt refinancing and self-tender offer, and spin-offs of four non-core businesses.
Mr. White also has substantial experience in corporate debt restructurings and the corporate and finance sides of chapter 11 proceedings. He has represented clients in out-of-court debt restructurings as well as chapter 11 DIP financing, asset sales, reorganization plans and post-reorganization financing.
Recent Highlights
Mr. White is corporate and securities counsel for a Houston oilfield services company. Mr. White and WilmerHale helped this company successfully navigate a difficult multi-year financial reporting process, which included restating prior year financial statements, bringing the company current in its public SEC filings and obtaining relisting on the New York Stock Exchange, advising with respect to management separation issues, and responding to government investigations. Mr. White also provides ongoing advice to the Board on corporate governance matters.
Mr. White’s recent transactions include representing a major consulting firm in the acquisition of a DC-based economic consulting firm and representing a leading provider of optimization software solutions to the electric power industry in acquiring another company in that industry.
Mr. White and a team of the firm's corporate and tax lawyers assisted the low- and moderate-income tenants of a DC apartment complex in exercising their rights under DC law to purchase their buildings and a subsequent financing transaction which successfully transferred the buildings to new owners while preserving the tenants’ occupancy rights.
About Wilmerhale
WilmerHale offers unparalleled legal representation across a comprehensive range of practice areas that are critical to the success of our clients. They practice at the very top of the legal profession and offer a cutting-edge blend of capabilities that enables us to handle deals and cases of any size and complexity. Today, businesses face greater scrutiny and more “bet the company” issues than ever before. With a practice unsurpassed in depth and scope by any other major firm, they have the ability to anticipate obstacles, seize opportunities and get the case resolved or the deal done—and the experience and know-how to prevent it from being undone.
For more information about Thomas White, and WilmerHale please visit: http://www.wilmerhale.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
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Event Synopsis
FASB's proposed Statement on Loss Contingency Disclosures, amending Statement 5 and 141R has faced many challenges. The proposal to amend FAS 5 and FAS 141R would make clearer the probability and timing in cash flow issues related to loss contingencies. However, some have pointed out that revisions would affect public companies adversely as they will be burdened with greater expenses, increased damages and settlements.
The Knowledge Congress is assembling a panel of key thought leaders and expert to help you understand the developments on Loss Contingency Disclosures. This two-hour webinar is a must see for everyone affected by these statements.
About Thomas White
Thomas White is a partner in the Corporate Practice Group. He joined the firm in 1979. Mr. White has practiced corporate and bankruptcy law at the firm since 1983. He is one of the firm’s leading practitioners in the area of corporate governance, and also has extensive experience representing corporate and institutional clients in complex business transactions.
Practice
Since passage of the Sarbanes-Oxley Act in 2002, Mr. White has developed a multi-disciplinary corporate governance practice. He has advised numerous Fortune 100, mid-cap, and small-cap companies and their boards and management on key issues under the Act, including internal control over financial reporting, attorney responsibility policies, director/officer loans, whistleblowers and auditor independence. He also advises clients and their boards and management on difficult corporate law, securities and accounting issues, and in conducting internal investigations.
Mr. White represents corporate clients in a wide range of transactions. These include both public and private merger transactions, bond and bank debt financing and securities offerings. Indicative of the types of complex transactions Mr. White has handled is the 1995 acquisition of West Publishing Company, the leading legal publisher, by Thomson Corporation, and the 1998 strategic restructuring of US Office Products, which involved a simultaneous equity investment, debt refinancing and self-tender offer, and spin-offs of four non-core businesses.
Mr. White also has substantial experience in corporate debt restructurings and the corporate and finance sides of chapter 11 proceedings. He has represented clients in out-of-court debt restructurings as well as chapter 11 DIP financing, asset sales, reorganization plans and post-reorganization financing.
Recent Highlights
Mr. White is corporate and securities counsel for a Houston oilfield services company. Mr. White and WilmerHale helped this company successfully navigate a difficult multi-year financial reporting process, which included restating prior year financial statements, bringing the company current in its public SEC filings and obtaining relisting on the New York Stock Exchange, advising with respect to management separation issues, and responding to government investigations. Mr. White also provides ongoing advice to the Board on corporate governance matters.
Mr. White’s recent transactions include representing a major consulting firm in the acquisition of a DC-based economic consulting firm and representing a leading provider of optimization software solutions to the electric power industry in acquiring another company in that industry.
Mr. White and a team of the firm's corporate and tax lawyers assisted the low- and moderate-income tenants of a DC apartment complex in exercising their rights under DC law to purchase their buildings and a subsequent financing transaction which successfully transferred the buildings to new owners while preserving the tenants’ occupancy rights.
About Wilmerhale
WilmerHale offers unparalleled legal representation across a comprehensive range of practice areas that are critical to the success of our clients. They practice at the very top of the legal profession and offer a cutting-edge blend of capabilities that enables us to handle deals and cases of any size and complexity. Today, businesses face greater scrutiny and more “bet the company” issues than ever before. With a practice unsurpassed in depth and scope by any other major firm, they have the ability to anticipate obstacles, seize opportunities and get the case resolved or the deal done—and the experience and know-how to prevent it from being undone.
For more information about Thomas White, and WilmerHale please visit: http://www.wilmerhale.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
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Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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