Emanuel Grillo Partner ALLEN & OVERY

Manny is a partner in the firm’s Restructuring Practice and represents troubled companies, secured and unsecured creditors, court-appointed trustees, and other stakeholders, including official and ad hoc committees of creditors and equity sponsors in large complex restructurings.

He also represents sellers and purchasers in distressed merger and asset dispositions. His practice encompasses both out-of-court debt restructurings and exchange transactions, and the reorganization and liquidation of financially distressed businesses under Chapter 11 of the Bankruptcy Code. Manny’s restructuring experience extends across a broad array of industries including energy and power companies; commercial real estate and hospitality properties and portfolios; technology, media and telecom businesses; airlines; healthcare providers; financial services firms; and other industries.

Manny regularly advises lenders, investment funds, sponsors and other financial institutions regarding insolvency and restructuring matters in complex financings and securitizations. He negotiates distressed financing transactions, including debtor in possession loans on behalf of both lenders and borrowers and litigates contested confirmation and financing matters, as well as avoidance actions and lender liability claims.

From time to time, he has represented clients in internal investigation matters and commercial litigation involving notes, indentures, and other financial instruments in both state and federal courts.

Manny participates in a number of industry and civic activities including the American Bankruptcy Institute, Volunteers of Legal Services in New York City, and the Chapter 11 Complex Case Advisory Committee for the Southern District of Texas. He also recently served as a member of the Editorial Advisory Board for Bankruptcy Law360.

Prior to joining Allen & Overy, he was the head of the Financial Restructuring practice at Baker Botts LLP.

Kathryn Judge Harvey J. Goldschmid Professor of Law COLUMBIA LAW SCHOOL

Kathryn Judge is the Harvey J. Goldschmid Professor of Law and Vice Dean for Intellectual Life at Columbia Law School. Her research focuses on banking, nonbank financial intermediation and financial regulation. She regularly presents her work to audiences in the United States and abroad, allowing her to engage with an array of policy makers, academics and industry leaders. In Direct: The Rise of the Middleman Economy and the Power of Going to the Source (HarperBusiness), she uses the insights she gained from studying financial intermediation to explain broader shifts in the structure of the economy, the power of intermediaries and implications for resilience and sustainability. Direct was on the longlist for the Financial Times Business book of the Year and was an Axios Gold Medal winner, among other accolades. Prior to joining Columbia, she clerked for Judge Richard Posner of the Seventh Circuit Court of Appeals and Justice Stephen Breyer of the Supreme Court.

Ashish Kumbhat Director BANK OF AMERICA MERRIL LYNCH

Ashish is a Director in the Financial Institutions Group at Bank of America Securities and leads coverage of various large cap regional banks and specialty finance companies in the US. He has worked on a wide range of transactions in this space, including mergers and acquisitions, capital raisings, cross-border situations and balance sheet restructuring assignments.

Prior to joining BofA, Ashish was on the staff of the Monetary Affairs Division of the Federal Reserve Board of Governors. He regularly advised the Board of Governors and Federal Open Markets Committee (FOMC) on a broad range of topics at the intersection of financial markets and monetary policy. Ashish participated in various international working groups at the BIS Committee's on Banking Supervision and Global Financial System. While at the Fed, Ashish was appointed as a Member of the Secretariat for the Financial Stability Board (FSB).

Ashish has published on topics related to monetary policy and banking regulation. Ashish completed his undergraduate degree at the George Washington University, where he serves on the Board of Advisors for the Elliot School for International Affairs.

Tim Sanders Managing Director PIPER SANDLER

Tim Sanders is a managing director in the Piper Sandler restructuring group, TRS Advisors.

Sanders has over two decades of strategic, operational and financial leadership experience across the federal and private sectors. Prior to joining Piper Sandler, Sanders was the assistant director of the FDIC’s resolution transactions division. In this role, he led a workforce responsible for the restructuring, marketing and eventual disposition of the nation’s largest and most systemically important financial institutions. Through his direct leadership of dozens of FDIC bank resolutions since the 2008 financial crisis and development of the post-Dodd Frank large bank resolution framework, Sanders is looked to as one of the nation’s leading authorities on financial institution resolutions and restructurings.

Sanders holds a bachelor’s degree from the University of California, Los Angeles, and is a graduate of the Stonier School of Banking at the University of Pennsylvania and The Wharton Executive Leadership program.