Contact: John Hartgen
             703-739-0800
             jhartgen@abiworld.org

WINTER ISSUE OF THE ABI LAW REVIEW EXAMINES THE FUTURE OF LABOR FROM THE PERSPECTIVE OF BANKRUPTCY EXPERTS

January 8, 2008, Alexandria, Va. — The American Bankruptcy Institute (ABI) 2007 Winter Law Review (Volume 15, No. 2), features 5 articles taking an in-depth look at the future of organized labor from the view of leading bankruptcy academics and practitioners. Beyond merely descriptive pieces, these articles examine labor law, the Bankruptcy Code, government policies and the present state of labor unions through the prism of bankruptcy.

Articles included in this edition of the Law Review include:

“Ignored Consequences – The Conflicting Policies of Labor Law and Business Reorganization and Its Impact on Organized Labor” by William T. Bodoh of Frost and Beth A. Buchanan of Frost Brown Todd LLC (Cincinnati).

'Lost in Transformation: The Disappearance of Labor Policies in Applying Section 1113 of the Bankruptcy Code' by Babette A. Ceccotti of Cohen, Weiss & Simon LLP (New York).

'Harsh Realities and Silver Linings for Retirees' by Prof. Daniel Keating of the Washington University in St. Louis.

Christopher J. Marcus, Michele J. Meises and Harvey Miller of Weil Gotshal & Manges (New York) on 'The State of the Unions in Reorganization and Restructuring Cases.'

'The Return of Government by Injunction in Airline Bankruptcies' written by Thomas N. Ciantra and Richard M. Seltzer of Cohen, Weiss & Simon LLP (New York).

Additional articles included in the Winter 2007 edition of the ABILaw Review include:

An article titled “Prepayment Clauses in Bankruptcy” by Emil A. Kleinhaus and Scott K. Charles of Wachtell, Lipton, Rosen & Katz (New York).

The article “Impact of Marrama on Case Conversions: Addressing the Unanswered Questions,” by John Rao of the National Consumer Law Center (Boston).

“Interpreting Bankruptcy Code Sections 502 and 506: Post- Petition Attorneys’ Fees in a Post-Travelers World,” by former ABI Resident Scholar Prof. Mark S. Scarberry of Pepperdine University School of Law (Malibu, Calif.)

Also included are notes looking at disparate approaches to valuation under §506 and its relationship to §1325, as well as the applicable commitment period to a debtor’s commitment to a fixed plan length.

ABI’s Law Review, published in conjunction with St. Johns University School of Law in Jamaica, N.Y., is among the most respected scholarly publications in the bankruptcy community. Distributed to all ABI members as a benefit of membership, the ABILaw Review has the largest circulation of any bankruptcy law review. Past issues of the Law Review have focused on the new bankruptcy law, international insolvency, single-asset cases, high-tech and e-commerce bankruptcies, consumer bankruptcy, the revised Article 9 of the Uniform Commercial Code and other topics. Past issues can be viewed at http://www.abiworld.org/Content/NavigationMenu/Publications/ABI_Law_Review/ABI_Law_Review.htm by ABI members. Copies are available for purchase through Thomson West's online publications catalog or by calling (800) 328-9352.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 11,500 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.