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Virtual bankruptcy seminar on economic impacts of Covid-19

Community Bulletin
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(Press Release) — “Virtual Bankruptcy Seminar 2: Economic Impacts of Covid-19” will be held on Oct. 30, 2020 from 8 a.m. to 10 a.m. (GMT+10)

This second virtual seminar will focus on “Cutting Edge Bankruptcy Issues” and is designed to provide information and guidance to the CNMI’s federal and local bar members, banking institutions, lenders, creditors, real estate agents, brokerage firms and other interested businesses.

Businesses are struggling to survive, and bankruptcy may be the right solution for some, but it is not the only option for a struggling business.

This seminar will provide valuable insight of ways for business to deal with the Covid-19 pandemic crisis.   

Key topics will include valuation of assets, moratoriums on loans and mortgages, forgiveness of PPP loans, and more.

Panelists

This virtual seminar will present the following distinguished panelists:

The Honorable Judge Daniel P. Collins is a Bankruptcy Judge for the U.S. Bankruptcy Court for the District of Arizona. Judge Collins was appointed as a bankruptcy judge on January 18, 2013 and served as Chief Judge from 2014 to 2018. He is currently a member of the National Conference of Bankruptcy Judges, American Bankruptcy Institute, Arizona Bankruptcy American Inns of Court, Federal Bar Association, National Association of Bankruptcy Trustees, State Bar of Arizona and the Maricopa County Bar. Previously, he was a partner with the Law Firm of Collins, May, Potenza, Baran & Gillespie, P.C., in Phoenix, Arizona, specializing in the practice areas of bankruptcy, commercial litigation and commercial transactions. Judge Collins served on the State Bar of Arizona’s Subcommittee on the Uniform Fraudulent Transfer Act and chaired the Bankruptcy Section of the State of Arizona from 1995- 1996.

Siska S. Hutapea, MAI, SRA, AI-GRS, R/W-AC, MRICS, MRE, is the President and Chief Appraiser of Cornerstone Valuation Guam, Inc., the leading real estate analyst in Guam. Hutapea has been engaged in real estate research, valuation, and consulting since 1992 with roots in Jakarta, Indonesia, and has had experience in Guam real estate appraisal and consulting since 1999. Hutapea led various global expert from the U.S., Australia, Ireland and local appraisers from Guam to complete the assignment, which resulted in Guam first ever implementation of Geographical Information System or GIS.

Clarke Schaumann, CEO and member of the Board of Directors for ANZ Guam, Inc. is a global finance professional and an expert in the banking community. Schaumann has a Master of Accountancy from Brigham Young University and Master of Business Administration from China Europe International Business School. He leads a Digital, Financial, and Cultural transformation to provide the right banking solutions while managing the right amount of risk and improving customer and employee experience through new ways of working and leading. Schaumann also served as a Head of Asian Relationship Banking in New Zealand and a Senior Audit Manager in New Zealand and Hong Kong.

Andrew Helman is a partner and co-chair of Bankruptcy Practice at Murray Plumb and Murray law firm in Portland, Maine. A large part of his work is focused on helping clients, both debtors and creditors, find solutions to problems caused by financial distress and counseling them on how to avoid those problems in the future. He also represents clients in distressed and non-distressed transactions,   business   litigation,   and preference actions, with his practice areas being Bankruptcy, Business Transactions, and Commercial Litigation. After graduating from law school at the University of Maine, Helman joined the Maine State Bar Association and American Bankruptcy Institute as Co-Chair of the American Bankruptcy Institute’s Health Care Committee. Some of Helman’s publications have been featured in Law 360 and American Bankruptcy Institute Journal.

Who may register

Virtual Bankruptcy Seminar 2 is open to Guam and CNMI bar members, banking institutions, lenders, debtors, creditors, real estate agents, brokerage firms, and businesses.  You must register with the CNMI Bar Association to attend this second seminar.

  • Registration fee is $25 for Part 2
  • Continuing Legal Education Credits: Seminar 2- Two general credits

For more information and details regarding the virtual and in-person Bankruptcy Series seminars, contact the CNMI Bar Association via email at This email address is being protected from spambots. You need JavaScript enabled to view it. or the District Court for the NMI’s lawyer representative, Vince J. Seman, at (670) 483-7911, or email  This email address is being protected from spambots. You need JavaScript enabled to view it. 

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