This past Friday and Monday, two conference calls were held by Vedder Price and Chapman & Cutler, respectively, along with other associated parties pitching American Airlines' debt holders to use their services in the ongoing American Airlines bankruptcy. Both calls discussed the experiences of the firms involved in previous airline bankruptcies, including certain legal "victories" they garnered for their clients. Both firms did a fantastic job presenting their case and in my opinion, both firms will inevitably perform substantial work for funds and other AMR / AMR EETC debt holders over the next two years.
- The recently history of the fund management business becoming increasingly specialized
- An increasingly "global" viewpoint of managers
- The consensus view that big funds will dominate asset gathering over near future
- The decline of "Expert Networks"