RK&O partner Christopher Andrew Jarvinen has accepted an invitation to serve together with the Hon. Elizabeth S. Stong (Bankr. E.D.N.Y.) as the initial co-chairpersons of the new Claims Trading Committee created this past week by the American Bankruptcy Institute (ABI). The ABI is the nation’s largest association of bankruptcy professionals, made up of over 12,000 members in multi-disciplinary roles, including attorneys, judges, financial advisors, investment bankers and academics.
Christopher recently proposed that the ABI create the Claims Trading Committee as one of the 18 primary constituent committees of the ABI. “I would like to thank Jon Kibbe, a founding partner of the firm and a recognized international authority on claims trading, for supporting this idea,” Christopher said, “I also intend to draw upon the long-term and extensive claims trading experience of my colleagues within the firm in proposing ideas for developing the work of the committee,” he added.
The Claims Trading Committee is the very first, formal, permanent committee in the United States devoted to claims trading issues. The stated mission of the Claims Trading Committee is “to promote the non-partisan reporting, analysis, and clarification of regulations, laws, court decisions, and trends involving claims trading for the benefit of the members of the American Bankruptcy Institute and all stakeholders in the bankruptcy system.”
“I am very thankful to the ABI’s leadership for their foresight in creating the Claims Trading Committee, as well as to the other members of the initial leadership team in accepting their important roles,” Christopher said, and “I very much look forward to the work that this multi-disciplinary community of professionals and thought leaders in the area of claims trading will produce during the coming years to educate and guide claims traders, restructuring professionals, and the courts,” he added. Christopher is a fellow of the American College of Bankruptcy, American Law Institute and the International Insolvency Institute.
Additional information about the new Claims Trading Committee may be found at www.abi.org/membership/committees/claims-trading.