What hath PPA wrought?
The impact of the Pension Protection Act of 2006 on troubled and bankrupt companies.” PPA 2006 increases required pension contributions for most companies, expands reporting and disclosure obligations, and imposes benefit restrictions on pension plans that are not well-funded. Our panel will discuss the financial and legal effect of these new requirements, and the impact they are having on the dynamics of bankruptcies involving underfunded pension plans. Moderator: Carol Connor Flowe (Arent Fox PLLC; Washington, DC), James Feltman (Mesirow Financial Consulting, LLC; Miami), David Seligman (Kirkland & Ellis LLP; Chicago) and Charles Finke (Associate Chief Counsel of the PBGC) .