National Bankruptcy Conference (NBC) Announces Election of New Officers

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The National Bankruptcy Conference (NBC) announced today the election of Jane L. Vris as Chair and Prof. Randal C. Picker as Vice Chair of the Conference.

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The National Bankruptcy Conference (NBC) announced today the election of Jane L. Vris as Chair and Prof. Randal C. Picker as Vice Chair of the Conference. Richard Levin, the outgoing Chair, said “The leadership, energy and passion of these two esteemed bankruptcy experts will enable the Conference to continue its 80-year tradition of being a valuable resource to Congress on bankruptcy issues.” We are pleased to introduce the following new Conference officers:

Jane Lee Vris, General Counsel, Managing Director at Millstein & Co., L.P. in New York, NY
Ms. Vris serves as General Counsel and Managing at Millstein & Co., LP. She brings nearly thirty-five years of experience as a restructuring lawyer to the firm, first as a Partner at Wachtell, Lipton, Rosen & Katz and more recently at Vinson & Elkins. At Millstein, she has participated in engagements for a number of clients, including the fiscal agent for Puerto Rico, counsel to an ad hoc group of senior secured creditors in the consolidated cases of Energy Futures Holdings and its subsidiaries, the UAW both in and out of court, companies in private exchange offers, and the largest creditor in CORE Media’s chapter 11 case. Before joining Millstein, Ms. Vris advised boards, special committees, creditors, potential purchasers of assets from distressed companies, and equity investors in companies emerging from Chapter 11. Ms. Vris’s prior clients have included Deutsche Bundesbank, the central bank of Germany; Huntsman as the stalking horse bidder in Tronox; Cereberus as the equity owner of Chrysler in its historic chapter 11 case; She has testified before Congress on bankruptcy matters, including resolution bills for systemically important financial institutions; previously chaired the Steering Committee of the NYC Bankruptcy Assistance Project; is a fellow of the American College of Bankruptcy where she currently serves as a member of the Board of Directors; was a contributing editor to Colliers, the leading treatise on US bankruptcy law, for nearly twenty years; has written on numerous bankruptcy issues; and is a frequent speaker at professional conferences and programs. She has been recognized in numerous publications as a leading bankruptcy professional, including Chambers and the International Who’s Who of Insolvency & Restructuring Lawyers. Ms. Vris has a J.D. from the New York University School of Law, where she was managing editor of the NYU Law Review, and a B.A, magna cum laude, from the University of Pennsylvania. She is the first female officer elected to serve as Chair of the NBC in its over 80-year history.

Prof. Randal C. Picker, Professor of Law at The University of Chicago in Chicago, IL
Randal Picker is the James Parker Hall Distinguished Service Professor of Law and the Ludwig & Hilde Wolf Teaching Scholar at The University of Chicago Law School. He is also Senior Fellow at The Computation Institute of the University of Chicago and Argonne National Laboratory. He graduated from the College of the University in 1980, cum laude, with a Bachelor of Arts in economics and was elected to Phi Beta Kappa. He then spent two years in the Department of Economics, where he was a Friedman Fellow, completing his doctoral course work and exams. He received a master’s degree in 1982. Thereafter, he attended the Law School and graduated in 1985, cum laude. He is a member of the Order of the Coif. While at the Law School, Prof. Picker was an associate editor of the Law Review. After graduation, Prof. Picker clerked for Judge Richard A. Posner of the United States Court of Appeals for the Seventh Circuit. He then spent three years with Sidley & Austin in Chicago, where he worked in the areas of debt restructuring and corporate reorganizations in bankruptcy. He served as a commissioner to the National Conference of Commissioners on Uniform State Laws and served as a member of the drafting committee to revise Article 9 of the Uniform Commercial Code. He is the author of a casebook, Security Interests in Personal Property, on the subject. Prof. Picker does research in a wide variety of areas including antitrust, copyright, bankruptcy and tech policy and teaches in related areas. His online course, Internet Giants: The Law and Economics of Media Platforms, is available on the Coursera platform and has been seen by thousands of students around the world. He has been extensively involved in administrative matters at The University of Chicago and currently serves as Spokesperson of the Council.

The NBC is a non-profit, non-partisan, self-supporting organization of approximately sixty lawyers, law professors and bankruptcy judges whose primary purpose is to advise Congress on the operation of bankruptcy and related laws and any proposed changes to those laws. The NBC was formed in the 1930’s at the request of Congress to assist in the drafting of major Depression-era bankruptcy law amendments, ultimately resulting in the Chandler Act of 1938. The NBC has been a resource to Congress on every significant piece of bankruptcy legislation since that time. Please visit http://www.nationalbankruptcyconference.org for additional information on our work.

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