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• scholarships • discounted airfares

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41st Annual Advanced ALI-ABA Course of Study and Live Webcast

Modern Real Estate TransactionsPractical Strategies for Acquisition, Disposition, and Ownership in Today’s Challenging Commercial Real Estate Market

Thursday-Saturday, August 13-15, 2009 Santa Fe, NM (Eldorado Hotel) | Live Video Webcast

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Now, more than ever, you need solid, practical advice to steer your clients through this challenging real estate market. A nationwide panel of experts will guide you through:

How to deal with defaults, insolvencies, •bankruptcies, and other problems stemming from the credit crisis

Practical strategies for acquisition, financing, •ownership, and disposition of commercial real estate

New strategies to structure the best •deal for your client in today’s topsy-turvy world of financing

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HoTEL ACCoMMoDATIoNS / groUP rATEA limited block of rooms has been reserved at the Eldorado Hotel. Located just off the historic Santa Fe main plaza, this stately landmark Santa Fe hotel offers rooms appointed with unexpected pleasures such as private balconies and Kiva fireplaces.

reserve your hotel room by July 20 to take advantage of the group rate of $269 per night. You must mention this ALI-ABA course of study to qualify for this special rate. Room reservations may be made by calling or writing to the Eldorado Hotel, 309 West San Francisco Street, Santa Fe,

NM 87501; phone 505-988-4455 or 800-955-4455; FAX 505-995-4544. Confirmations will be sent by the hotel. Please read the cancellation policy carefully.

SUBSTANTIAL groUP DISCoUNTS AVAILABLE for live and webcast attendance

GET MANDATORY CLE AND CPE CREDITALI-ABA is an accredited MCLE provider in AR, CA, CO, IL, ME, MO, MS, MT, ND, NM, NV, NY, OK, PA, RI, SC, VT, WI, and WV. We apply for accreditation on a course-by-course basis in virtually all other MCLE jurisdictions, including AL, DE, FL, GA, IA, ID, IN, KS, KY, LA, MN, NC, NH, OH, OR, TN, TX, UT, VA, and WA. For this course, ALI-ABA will apply for 15.75 credits, including one ethics credit, in 60-minute states; and for 18.9 credits, including 1.2 ethics credits, in 50-minute states. In NY, this course is appropriate for both newly admitted and experienced attorneys. For specific in-formation on CLE, CPE, or other professional accreditation, please e-mail the MCLE Team at TeamMCLE@ali-aba.org, go to http://www.ali-aba.org/mcle, or call 1-800-CLE-NEWS.

NASBA ACCREDITATIONALI-ABA is registered with the National Association of State Boards of Accoun-tancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth

Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org. For more information regarding ALI-ABA’s administrative policies, such as complaint and refund, please call Customer Service at (800) CLE-NEWS. CPE credit hours for this course: 18 in real estate (group-live and group-inter-net-based program). Learning Objectives: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent developments; development of proficiency in performance of intricate and complex tasks within a narrow area. Suggested Prerequisite: Limited experience in practice in subject matter or completion of Basic CLE/CPE Course in subject matter. Level of Instruction: Advanced

American Law Institute | American Bar AssociationThe first national provider of CLE

Register now for the live course or webcast and view the online version any time it’s convenient.On-demand programs are typically available within 10 days of the original broadcast and qualify for CLE credit in most jurisdictions.

www.ali-aba.org/Cr001

Santa Fe is synonymous with art and native culture. After immersing yourself in real estate law, you can indulge your thirst for art with Santa Fe’s offerings. This year’s presentation coincides with the Santa Fe opera’s summer 2009 season. Opera productions include Mozart’s Don Giovanni, Verdi’s La Traviata, and Paul Moravec’s The Letter.

Other attractions in the area include the georgia o’Keeffe Museum, the Children’s Museum, Bandelier National Monument, and the incomparable Canyon road Art galleries.

more information about the live course / webcast, online CLE, group discounts, and scholarships:

MAIL• this form together with payment to ALI-ABA: REGISTRAR, ALI-ABA, 4025 Chestnut Street, Philadelphia, PA 19104-3099. Please attach names and addresses of additional registrants.

Attend this course live in Santa Fe, NM, August 13-15, 2009, for only $1,249.úú

Please enter ______ registration(s) for the ALI-ABA Course of Study, G Modern real Estate Transactions. Tuition: $1,249. CR001

Attend this course live via the Internet with our video webcast for only $1,049 úú

— or view segments for only $299 each! Register me for the live video webcast (e-mail address required).

The entire program. Tuition: $1,049 G WAR001Webcast Segment A. Tuition: $299 G WAR001AWebcast Segment B. Tuition: $299 G WAR001B

Webcast Segment C. Tuition: $299 G WAR001CWebcast Segment D. Tuition: $299 G WAR001DWebcast Segment E. Tuition: $299 G WAR001E

go oNLINE To rEgISTEr groUPS oF 2 or MorE AND SAVE! »

Can’t attend? You don’t have to miss anything!úú

Send a DVD (video) of the program, including a complimentary mp3 CD-ROM and PDFs of the course G

materials, for $829. AR001V

Send an audio mp3 CD-ROM of the program, including PDFs of the course materials, for $629. G AR001

Send the printed course materials only, for $249. G SR001

Online video and audio and searchable (PDF) course materials of this program will be available.

Register me for the G Real Estate Online Coursebook Subscription for $399 (e-mail address required). For more information, visit www.ali-aba.org/subscriptions/

Tuition discounts úúI am a recent law school graduate (< 2 years) or retired senior lawyer (65 or older). Payment is in the amount of the stated tuition, minus 50%. G

PA residents only, add 7% sales tax to total amount (excluding course registrations).

$ ____________ Total G Check enclosed (payable to ALI-ABA)

Please charge to my credit card: G AMEX G DISCOVER G MasterCard G VISA

Card no.: _____________________________________________________ Card expiration date: ______/______

name (please print)

firm

street address suite/floor number

city state zip+4

phone (include area code) signature

e-mail address (required for webcasts and online subscriptions) key code (from label)

law practice area(s) size of firm/company year entered law practice

change of address? go to www.ali-aba.org/address/

www.ali-aba.org/Cr001

www.ali-aba.org/Cr001

FAX• (215) 243-1664Phone• 1-800-CLE NEWSWEB• www.ali-aba.org

Thursday,August13,2009

8:00 a.m. Registration and Networking Session

Webcast Segment A

8:30 a.m. Introduction and Overview

8:40 a.m. Letters of Intent

9:00 a.m. Purchase Contracts from Due Diligence (including survey and title review) to Closing

10:30 a.m. Networking Break

10:45 a.m. Purchase Contracts from Due Diligence to Closing (continued)

12:30 p.m. Lunch Break

Webcast Segment B

2:00 p.m. Income Tax Consequences of Purchases and Sales, including Like-Kind Exchanges

2:45 p.m. Purchase Money Financing, wraparound Loans, and Loan Assumptions

3:30 p.m. Networking Break

3:45 p.m. The New world of Lending: what Loans Are Available in a Down Market?

4:15 p.m. real Estate Economics

5:00 p.m. Adjournment for the Day; Networking reception for registrants and Faculty

Friday,August14,2009

8:00 a.m. Networking Session

Webcast Segment C

8:30 a.m. Leasing overview

9:15 a.m. Basic Lease Provisions: rent and Percentage rent, operating Expenses/CAM, Maintenance responsibility, SNDA, Casualty, Condemnation, and Insurance

10:15 a.m. Networking Break

10:30 a.m. Assignment and Subletting

11:00 a.m. options: Expansion, Contraction, Purchase, rights of First refusal, and First offer

11:45 a.m. ground Leases

12:30 p.m. Lunch Break

Webcast Segment D

2:00 p.m. Joint Ventures, Partnerships, and other Entities: The Arrangements

3:00 p.m. Joint Ventures, Partnerships, and other Entities: The Tax Consequences

3:30 p.m. Networking Break

3:45 p.m. Construction Contracts

4:30 p.m. Management and Brokerage Contracts

5:00 p.m. Adjournment for the Day

Saturday,August15,2009

8:30 a.m. Networking Session

Webcast Segment E

9:00 a.m. The Judge’s Primer on Bankruptcy

9:30 a.m. rights and remedies when the Tenant Defaults

10:15 a.m. Networking Break

10:30 a.m. Bankruptcy of a Tenant (or a Landlord)

11:00 a.m. Ethics Hypotheticals, including Advance waivers of Conflicts of Interest

12:00 noon Adjournment

Total 60-minute hours of instruction: 15.75, including one hour of ethics and professionalism. All times listed except start, break, and lunch times are approximate and subject to change.

18 CPE credit hours in Real Estate (group-live and group-internet-based program)

Modern real Estate TransactionsHow are the best real estate attorneys adjusting to today’s crippled market?

Modern Real Estate Transactions, ALI-ABA’s premier commercial real estate course, offers you the unique opportunity to immerse yourself with national experts in an in-depth pragmatic study of commercial real estate transactions. This year’s presentation has been updated to address the impact of turmoil in the capital markets on real estate transactions.

This annual advanced course of study, comprising more than 15 hours of instruction (including one hour of ethics and professionalism), has been carefully tailored to meet the needs of real estate practitioners in these troubled times. The course maintains its traditional scope of modern commercial real estate practice — acquisition, due diligence, construction, financing, joint ventures, leases, title insurance, management, and disposition — but examines defaults and remedies at every turn. Special attention is given to bankruptcy and insolvency issues. The tax planning and consequences of these transactions are explored in-depth. The ethical considerations — and dilemmas — arising in real estate practice are explored with reference to the most current Rules of Professional Conduct.

All registrants receive ALI-ABA’s Course of Study Materials: Modern Real Estate Transactions. These substantial course materials are published specifically for this course and include analyses, checklists, and forms that serve as the basis for comments made by the faculty. The forms published in the course materials are the products of actual real estate transactions drawn from the faculty’s practice. The speakers analyze the concepts underlying the forms and discuss alternative provisions in a panel discussion format.

Time is reserved throughout the program to respond to registrants’ written questions. A reception for registrants and faculty at the conclusion of the Thursday program provides additional networking opportunities.

PLANNINg CHAIrS John D. Hastie, Phillips Murrah P.C., Norman, Oklahoma

Mark A. Senn, Senn Visciano P.C., Denver (also on faculty)

Philip D. weller, DLA Piper US LLP, Dallas (also on faculty)

FACULTY Peter Aitelli, Morrison & Foerster LLP, San Francisco

John g. Cameron, Jr., Dickinson Wright PLLC, Grand Rapids, Michigan

Catherine T. goldberg, Rodey, Dickason, Sloan, Akin & Robb, P.A., Santa Fe, New Mexico

richard r. goldberg, Ballard Spahr Andrews & Ingersoll, LLP, Philadelphia

Michael D. Hamilton, DLA Piper US LLP, Los Angeles

Thomas F. Kaufman, Hunton & Williams LLP, Washington, D.C.

Nancy r. Little, McGuireWoods LLP, Richmond, Virginia

Margaret A. Mahoney, U.S. Bankruptcy Judge, Mobile, Alabama

K.C. McDaniel, K.C. McDaniel PLLC, Brooklyn, New York

Kathryn Cochrane Murphy, Krokidas & Bluestein LLP, Boston

Stefan F. Tucker, Venable LLP, Washington, D.C.

ALI-ABA Staff Attorney: Thomas M. Hennessey, Assistant Director, Office of Courses of Study

THE complete CLE learning and development experience!Registrants receive:

access to the archived webcast after the courseonline access to course materials before the course

ALI-ABA’s highly praised, comprehensive printed course materialsunparalleled networking opportunities

SUBSTANTIAL groUP DISCoUNTS AVAILABLERegister 1 for this course and get all subsequent registrations at 50% off

(same live course only).

Significant discounts are available when two or more registrants view the webcast using one computer connection.

Formoreinformationandrates,gotowww.ali-aba.org/CR001ore-mailgroupregistration@ali-aba.org.

follow us on

more information about the live course / webcast, online CLE, group discounts, and scholarships:

MAIL• this form together with payment to ALI-ABA: REGISTRAR, ALI-ABA, 4025 Chestnut Street, Philadelphia, PA 19104-3099. Please attach names and addresses of additional registrants.

Attend this course live in Santa Fe, NM, August 13-15, 2009, for only $1,249.úú

Please enter ______ registration(s) for the ALI-ABA Course of Study, G Modern real Estate Transactions. Tuition: $1,249. CR001

Attend this course live via the Internet with our video webcast for only $1,049 úú

— or view segments for only $299 each! Register me for the live video webcast (e-mail address required).

The entire program. Tuition: $1,049 G WAR001Webcast Segment A. Tuition: $299 G WAR001AWebcast Segment B. Tuition: $299 G WAR001B

Webcast Segment C. Tuition: $299 G WAR001CWebcast Segment D. Tuition: $299 G WAR001DWebcast Segment E. Tuition: $299 G WAR001E

go oNLINE To rEgISTEr groUPS oF 2 or MorE AND SAVE! »

Can’t attend? You don’t have to miss anything!úú

Send a DVD (video) of the program, including a complimentary mp3 CD-ROM and PDFs of the course G

materials, for $829. AR001V

Send an audio mp3 CD-ROM of the program, including PDFs of the course materials, for $629. G AR001

Send the printed course materials only, for $249. G SR001

Online video and audio and searchable (PDF) course materials of this program will be available.

Register me for the G Real Estate Online Coursebook Subscription for $399 (e-mail address required). For more information, visit www.ali-aba.org/subscriptions/

Tuition discounts úúI am a recent law school graduate (< 2 years) or retired senior lawyer (65 or older). Payment is in the amount of the stated tuition, minus 50%. G

PA residents only, add 7% sales tax to total amount (excluding course registrations).

$ ____________ Total G Check enclosed (payable to ALI-ABA)

Please charge to my credit card: G AMEX G DISCOVER G MasterCard G VISA

Card no.: _____________________________________________________ Card expiration date: ______/______

name (please print)

firm

street address suite/floor number

city state zip+4

phone (include area code) signature

e-mail address (required for webcasts and online subscriptions) key code (from label)

law practice area(s) size of firm/company year entered law practice

change of address? go to www.ali-aba.org/address/

www.ali-aba.org/Cr001

www.ali-aba.org/Cr001

FAX• (215) 243-1664Phone• 1-800-CLE NEWSWEB• www.ali-aba.org

Thursday,August13,2009

8:00 a.m. Registration and Networking Session

Webcast Segment A

8:30 a.m. Introduction and Overview

8:40 a.m. Letters of Intent

9:00 a.m. Purchase Contracts from Due Diligence (including survey and title review) to Closing

10:30 a.m. Networking Break

10:45 a.m. Purchase Contracts from Due Diligence to Closing (continued)

12:30 p.m. Lunch Break

Webcast Segment B

2:00 p.m. Income Tax Consequences of Purchases and Sales, including Like-Kind Exchanges

2:45 p.m. Purchase Money Financing, wraparound Loans, and Loan Assumptions

3:30 p.m. Networking Break

3:45 p.m. The New world of Lending: what Loans Are Available in a Down Market?

4:15 p.m. real Estate Economics

5:00 p.m. Adjournment for the Day; Networking reception for registrants and Faculty

Friday,August14,2009

8:00 a.m. Networking Session

Webcast Segment C

8:30 a.m. Leasing overview

9:15 a.m. Basic Lease Provisions: rent and Percentage rent, operating Expenses/CAM, Maintenance responsibility, SNDA, Casualty, Condemnation, and Insurance

10:15 a.m. Networking Break

10:30 a.m. Assignment and Subletting

11:00 a.m. options: Expansion, Contraction, Purchase, rights of First refusal, and First offer

11:45 a.m. ground Leases

12:30 p.m. Lunch Break

Webcast Segment D

2:00 p.m. Joint Ventures, Partnerships, and other Entities: The Arrangements

3:00 p.m. Joint Ventures, Partnerships, and other Entities: The Tax Consequences

3:30 p.m. Networking Break

3:45 p.m. Construction Contracts

4:30 p.m. Management and Brokerage Contracts

5:00 p.m. Adjournment for the Day

Saturday,August15,2009

8:30 a.m. Networking Session

Webcast Segment E

9:00 a.m. The Judge’s Primer on Bankruptcy

9:30 a.m. rights and remedies when the Tenant Defaults

10:15 a.m. Networking Break

10:30 a.m. Bankruptcy of a Tenant (or a Landlord)

11:00 a.m. Ethics Hypotheticals, including Advance waivers of Conflicts of Interest

12:00 noon Adjournment

Total 60-minute hours of instruction: 15.75, including one hour of ethics and professionalism. All times listed except start, break, and lunch times are approximate and subject to change.

18 CPE credit hours in Real Estate (group-live and group-internet-based program)

Modern real Estate TransactionsHow are the best real estate attorneys adjusting to today’s crippled market?

Modern Real Estate Transactions, ALI-ABA’s premier commercial real estate course, offers you the unique opportunity to immerse yourself with national experts in an in-depth pragmatic study of commercial real estate transactions. This year’s presentation has been updated to address the impact of turmoil in the capital markets on real estate transactions.

This annual advanced course of study, comprising more than 15 hours of instruction (including one hour of ethics and professionalism), has been carefully tailored to meet the needs of real estate practitioners in these troubled times. The course maintains its traditional scope of modern commercial real estate practice — acquisition, due diligence, construction, financing, joint ventures, leases, title insurance, management, and disposition — but examines defaults and remedies at every turn. Special attention is given to bankruptcy and insolvency issues. The tax planning and consequences of these transactions are explored in-depth. The ethical considerations — and dilemmas — arising in real estate practice are explored with reference to the most current Rules of Professional Conduct.

All registrants receive ALI-ABA’s Course of Study Materials: Modern Real Estate Transactions. These substantial course materials are published specifically for this course and include analyses, checklists, and forms that serve as the basis for comments made by the faculty. The forms published in the course materials are the products of actual real estate transactions drawn from the faculty’s practice. The speakers analyze the concepts underlying the forms and discuss alternative provisions in a panel discussion format.

Time is reserved throughout the program to respond to registrants’ written questions. A reception for registrants and faculty at the conclusion of the Thursday program provides additional networking opportunities.

PLANNINg CHAIrS John D. Hastie, Phillips Murrah P.C., Norman, Oklahoma

Mark A. Senn, Senn Visciano P.C., Denver (also on faculty)

Philip D. weller, DLA Piper US LLP, Dallas (also on faculty)

FACULTY Peter Aitelli, Morrison & Foerster LLP, San Francisco

John g. Cameron, Jr., Dickinson Wright PLLC, Grand Rapids, Michigan

Catherine T. goldberg, Rodey, Dickason, Sloan, Akin & Robb, P.A., Santa Fe, New Mexico

richard r. goldberg, Ballard Spahr Andrews & Ingersoll, LLP, Philadelphia

Michael D. Hamilton, DLA Piper US LLP, Los Angeles

Thomas F. Kaufman, Hunton & Williams LLP, Washington, D.C.

Nancy r. Little, McGuireWoods LLP, Richmond, Virginia

Margaret A. Mahoney, U.S. Bankruptcy Judge, Mobile, Alabama

K.C. McDaniel, K.C. McDaniel PLLC, Brooklyn, New York

Kathryn Cochrane Murphy, Krokidas & Bluestein LLP, Boston

Stefan F. Tucker, Venable LLP, Washington, D.C.

ALI-ABA Staff Attorney: Thomas M. Hennessey, Assistant Director, Office of Courses of Study

THE complete CLE learning and development experience!Registrants receive:

access to the archived webcast after the courseonline access to course materials before the course

ALI-ABA’s highly praised, comprehensive printed course materialsunparalleled networking opportunities

SUBSTANTIAL groUP DISCoUNTS AVAILABLERegister 1 for this course and get all subsequent registrations at 50% off

(same live course only).

Significant discounts are available when two or more registrants view the webcast using one computer connection.

Formoreinformationandrates,gotowww.ali-aba.org/CR001ore-mailgroupregistration@ali-aba.org.

follow us on

more information about the live course / webcast, online CLE, group discounts, and scholarships:

MAIL• this form together with payment to ALI-ABA: REGISTRAR, ALI-ABA, 4025 Chestnut Street, Philadelphia, PA 19104-3099. Please attach names and addresses of additional registrants.

Attend this course live in Santa Fe, NM, August 13-15, 2009, for only $1,249.úú

Please enter ______ registration(s) for the ALI-ABA Course of Study, G Modern real Estate Transactions. Tuition: $1,249. CR001

Attend this course live via the Internet with our video webcast for only $1,049 úú

— or view segments for only $299 each! Register me for the live video webcast (e-mail address required).

The entire program. Tuition: $1,049 G WAR001Webcast Segment A. Tuition: $299 G WAR001AWebcast Segment B. Tuition: $299 G WAR001B

Webcast Segment C. Tuition: $299 G WAR001CWebcast Segment D. Tuition: $299 G WAR001DWebcast Segment E. Tuition: $299 G WAR001E

go oNLINE To rEgISTEr groUPS oF 2 or MorE AND SAVE! »

Can’t attend? You don’t have to miss anything!úú

Send a DVD (video) of the program, including a complimentary mp3 CD-ROM and PDFs of the course G

materials, for $829. AR001V

Send an audio mp3 CD-ROM of the program, including PDFs of the course materials, for $629. G AR001

Send the printed course materials only, for $249. G SR001

Online video and audio and searchable (PDF) course materials of this program will be available.

Register me for the G Real Estate Online Coursebook Subscription for $399 (e-mail address required). For more information, visit www.ali-aba.org/subscriptions/

Tuition discounts úúI am a recent law school graduate (< 2 years) or retired senior lawyer (65 or older). Payment is in the amount of the stated tuition, minus 50%. G

PA residents only, add 7% sales tax to total amount (excluding course registrations).

$ ____________ Total G Check enclosed (payable to ALI-ABA)

Please charge to my credit card: G AMEX G DISCOVER G MasterCard G VISA

Card no.: _____________________________________________________ Card expiration date: ______/______

name (please print)

firm

street address suite/floor number

city state zip+4

phone (include area code) signature

e-mail address (required for webcasts and online subscriptions) key code (from label)

law practice area(s) size of firm/company year entered law practice

change of address? go to www.ali-aba.org/address/

www.ali-aba.org/Cr001

www.ali-aba.org/Cr001

FAX• (215) 243-1664Phone• 1-800-CLE NEWSWEB• www.ali-aba.org

Thursday,August13,2009

8:00 a.m. Registration and Networking Session

Webcast Segment A

8:30 a.m. Introduction and Overview

8:40 a.m. Letters of Intent

9:00 a.m. Purchase Contracts from Due Diligence (including survey and title review) to Closing

10:30 a.m. Networking Break

10:45 a.m. Purchase Contracts from Due Diligence to Closing (continued)

12:30 p.m. Lunch Break

Webcast Segment B

2:00 p.m. Income Tax Consequences of Purchases and Sales, including Like-Kind Exchanges

2:45 p.m. Purchase Money Financing, wraparound Loans, and Loan Assumptions

3:30 p.m. Networking Break

3:45 p.m. The New world of Lending: what Loans Are Available in a Down Market?

4:15 p.m. real Estate Economics

5:00 p.m. Adjournment for the Day; Networking reception for registrants and Faculty

Friday,August14,2009

8:00 a.m. Networking Session

Webcast Segment C

8:30 a.m. Leasing overview

9:15 a.m. Basic Lease Provisions: rent and Percentage rent, operating Expenses/CAM, Maintenance responsibility, SNDA, Casualty, Condemnation, and Insurance

10:15 a.m. Networking Break

10:30 a.m. Assignment and Subletting

11:00 a.m. options: Expansion, Contraction, Purchase, rights of First refusal, and First offer

11:45 a.m. ground Leases

12:30 p.m. Lunch Break

Webcast Segment D

2:00 p.m. Joint Ventures, Partnerships, and other Entities: The Arrangements

3:00 p.m. Joint Ventures, Partnerships, and other Entities: The Tax Consequences

3:30 p.m. Networking Break

3:45 p.m. Construction Contracts

4:30 p.m. Management and Brokerage Contracts

5:00 p.m. Adjournment for the Day

Saturday,August15,2009

8:30 a.m. Networking Session

Webcast Segment E

9:00 a.m. The Judge’s Primer on Bankruptcy

9:30 a.m. rights and remedies when the Tenant Defaults

10:15 a.m. Networking Break

10:30 a.m. Bankruptcy of a Tenant (or a Landlord)

11:00 a.m. Ethics Hypotheticals, including Advance waivers of Conflicts of Interest

12:00 noon Adjournment

Total 60-minute hours of instruction: 15.75, including one hour of ethics and professionalism. All times listed except start, break, and lunch times are approximate and subject to change.

18 CPE credit hours in Real Estate (group-live and group-internet-based program)

Modern real Estate TransactionsHow are the best real estate attorneys adjusting to today’s crippled market?

Modern Real Estate Transactions, ALI-ABA’s premier commercial real estate course, offers you the unique opportunity to immerse yourself with national experts in an in-depth pragmatic study of commercial real estate transactions. This year’s presentation has been updated to address the impact of turmoil in the capital markets on real estate transactions.

This annual advanced course of study, comprising more than 15 hours of instruction (including one hour of ethics and professionalism), has been carefully tailored to meet the needs of real estate practitioners in these troubled times. The course maintains its traditional scope of modern commercial real estate practice — acquisition, due diligence, construction, financing, joint ventures, leases, title insurance, management, and disposition — but examines defaults and remedies at every turn. Special attention is given to bankruptcy and insolvency issues. The tax planning and consequences of these transactions are explored in-depth. The ethical considerations — and dilemmas — arising in real estate practice are explored with reference to the most current Rules of Professional Conduct.

All registrants receive ALI-ABA’s Course of Study Materials: Modern Real Estate Transactions. These substantial course materials are published specifically for this course and include analyses, checklists, and forms that serve as the basis for comments made by the faculty. The forms published in the course materials are the products of actual real estate transactions drawn from the faculty’s practice. The speakers analyze the concepts underlying the forms and discuss alternative provisions in a panel discussion format.

Time is reserved throughout the program to respond to registrants’ written questions. A reception for registrants and faculty at the conclusion of the Thursday program provides additional networking opportunities.

PLANNINg CHAIrS John D. Hastie, Phillips Murrah P.C., Norman, Oklahoma

Mark A. Senn, Senn Visciano P.C., Denver (also on faculty)

Philip D. weller, DLA Piper US LLP, Dallas (also on faculty)

FACULTY Peter Aitelli, Morrison & Foerster LLP, San Francisco

John g. Cameron, Jr., Dickinson Wright PLLC, Grand Rapids, Michigan

Catherine T. goldberg, Rodey, Dickason, Sloan, Akin & Robb, P.A., Santa Fe, New Mexico

richard r. goldberg, Ballard Spahr Andrews & Ingersoll, LLP, Philadelphia

Michael D. Hamilton, DLA Piper US LLP, Los Angeles

Thomas F. Kaufman, Hunton & Williams LLP, Washington, D.C.

Nancy r. Little, McGuireWoods LLP, Richmond, Virginia

Margaret A. Mahoney, U.S. Bankruptcy Judge, Mobile, Alabama

K.C. McDaniel, K.C. McDaniel PLLC, Brooklyn, New York

Kathryn Cochrane Murphy, Krokidas & Bluestein LLP, Boston

Stefan F. Tucker, Venable LLP, Washington, D.C.

ALI-ABA Staff Attorney: Thomas M. Hennessey, Assistant Director, Office of Courses of Study

THE complete CLE learning and development experience!Registrants receive:

access to the archived webcast after the courseonline access to course materials before the course

ALI-ABA’s highly praised, comprehensive printed course materialsunparalleled networking opportunities

SUBSTANTIAL groUP DISCoUNTS AVAILABLERegister 1 for this course and get all subsequent registrations at 50% off

(same live course only).

Significant discounts are available when two or more registrants view the webcast using one computer connection.

Formoreinformationandrates,gotowww.ali-aba.org/CR001ore-mailgroupregistration@ali-aba.org.

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Am

eric

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-dem

and

cour

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prin

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www.ALI-ABA.org/Cr001for more information about: registration • cancellation • breaks and refreshments • requirements for persons with disabilities

• scholarships • discounted airfares

CR00

1

41st Annual Advanced ALI-ABA Course of Study and Live Webcast

Modern Real Estate TransactionsPractical Strategies for Acquisition, Disposition, and Ownership in Today’s Challenging Commercial Real Estate Market

Thursday-Saturday, August 13-15, 2009 Santa Fe, NM (Eldorado Hotel) | Live Video Webcast

41st

Annu

al A

dvan

ced A

LI-A

BA C

ourse

of S

tudy

and L

ive W

ebca

st

Mod

ern

real

Est

ate

Tran

sact

ions

Prac

tical

Str

ateg

ies

for A

cqui

sitio

n, D

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sitio

n, a

nd O

wne

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in T

oday

’s Ch

alle

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stat

e M

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Sa

nta F

e, N

M (E

ldor

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Hot

el) |

Liv

e Vid

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ebca

st

“Thi

s is

the

first

ALI

-ABA

cou

rse

that

I ha

ve a

tten

ded

and

I was

ver

y im

pres

sed.

The

sp

eake

rs w

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clea

rly k

now

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perie

nced

and

pla

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agai

nst e

ach

othe

r w

ell.

The

pan

el fo

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n ex

celle

nt w

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kee

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inte

rest

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It w

as in

tere

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ha

ve th

e pe

rspe

ctiv

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pra

ctiti

oner

s fr

om d

iffer

ent p

arts

of t

he in

dust

ry.”

—

pre

viou

s reg

istr

ant

Now, more than ever, you need solid, practical advice to steer your clients through this challenging real estate market. A nationwide panel of experts will guide you through:

How to deal with defaults, insolvencies, •bankruptcies, and other problems stemming from the credit crisis

Practical strategies for acquisition, financing, •ownership, and disposition of commercial real estate

New strategies to structure the best •deal for your client in today’s topsy-turvy world of financing

15.7

5 MCL

E hou

rs, i

nclu

ding

one h

our o

f eth

ics an

d pr

ofes

siona

lism

18 CP

E hou

rs in

Rea

l Est

ate (

grou

p-liv

e and

gro

up-in

tern

et-b

ased

pro

gram

)

HoTEL ACCoMMoDATIoNS / groUP rATEA limited block of rooms has been reserved at the Eldorado Hotel. Located just off the historic Santa Fe main plaza, this stately landmark Santa Fe hotel offers rooms appointed with unexpected pleasures such as private balconies and Kiva fireplaces.

reserve your hotel room by July 20 to take advantage of the group rate of $269 per night. You must mention this ALI-ABA course of study to qualify for this special rate. Room reservations may be made by calling or writing to the Eldorado Hotel, 309 West San Francisco Street, Santa Fe,

NM 87501; phone 505-988-4455 or 800-955-4455; FAX 505-995-4544. Confirmations will be sent by the hotel. Please read the cancellation policy carefully.

SUBSTANTIAL groUP DISCoUNTS AVAILABLE for live and webcast attendance

GET MANDATORY CLE AND CPE CREDITALI-ABA is an accredited MCLE provider in AR, CA, CO, IL, ME, MO, MS, MT, ND, NM, NV, NY, OK, PA, RI, SC, VT, WI, and WV. We apply for accreditation on a course-by-course basis in virtually all other MCLE jurisdictions, including AL, DE, FL, GA, IA, ID, IN, KS, KY, LA, MN, NC, NH, OH, OR, TN, TX, UT, VA, and WA. For this course, ALI-ABA will apply for 15.75 credits, including one ethics credit, in 60-minute states; and for 18.9 credits, including 1.2 ethics credits, in 50-minute states. In NY, this course is appropriate for both newly admitted and experienced attorneys. For specific in-formation on CLE, CPE, or other professional accreditation, please e-mail the MCLE Team at TeamMCLE@ali-aba.org, go to http://www.ali-aba.org/mcle, or call 1-800-CLE-NEWS.

NASBA ACCREDITATIONALI-ABA is registered with the National Association of State Boards of Accoun-tancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth

Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org. For more information regarding ALI-ABA’s administrative policies, such as complaint and refund, please call Customer Service at (800) CLE-NEWS. CPE credit hours for this course: 18 in real estate (group-live and group-inter-net-based program). Learning Objectives: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent developments; development of proficiency in performance of intricate and complex tasks within a narrow area. Suggested Prerequisite: Limited experience in practice in subject matter or completion of Basic CLE/CPE Course in subject matter. Level of Instruction: Advanced

American Law Institute | American Bar AssociationThe first national provider of CLE

Register now for the live course or webcast and view the online version any time it’s convenient.On-demand programs are typically available within 10 days of the original broadcast and qualify for CLE credit in most jurisdictions.

www.ali-aba.org/Cr001

Santa Fe is synonymous with art and native culture. After immersing yourself in real estate law, you can indulge your thirst for art with Santa Fe’s offerings. This year’s presentation coincides with the Santa Fe opera’s summer 2009 season. Opera productions include Mozart’s Don Giovanni, Verdi’s La Traviata, and Paul Moravec’s The Letter.

Other attractions in the area include the georgia o’Keeffe Museum, the Children’s Museum, Bandelier National Monument, and the incomparable Canyon road Art galleries.

Am

eric

an L

aw In

stit

ute-

Am

eric

an B

ar A

ssoc

iati

onCo

ntin

uing

Pro

fess

iona

l Edu

catio

n40

25 C

hest

nut S

tree

t, Ph

ilade

lphi

a, P

A 1

9104

-309

9N

ON

PRO

FIT

ORG

U.S

. Pos

tage

PAID

ALI

-ABA

also

avai

labl

eO

nlin

e CL

Eon

-dem

and

cour

ses

and

MP3

dow

nloa

ds

(onl

ine

arch

ive

of th

is co

urse

free

to a

ll re

gist

rant

s)

Dig

ital L

ibra

ryco

urse

mat

eria

ls, a

rtic

les,

perio

dica

ls, b

ooks

and

form

s

Phys

ical

Lib

rary

prin

ted

cour

se m

ater

ials

, DVD

s, a

nd M

P3 C

D-R

OM

S

www.ALI-ABA.org/Cr001for more information about: registration • cancellation • breaks and refreshments • requirements for persons with disabilities

• scholarships • discounted airfares

CR00

1

41st Annual Advanced ALI-ABA Course of Study and Live Webcast

Modern Real Estate TransactionsPractical Strategies for Acquisition, Disposition, and Ownership in Today’s Challenging Commercial Real Estate Market

Thursday-Saturday, August 13-15, 2009 Santa Fe, NM (Eldorado Hotel) | Live Video Webcast

41st

Annu

al A

dvan

ced A

LI-A

BA C

ourse

of S

tudy

and L

ive W

ebca

st

Mod

ern

real

Est

ate

Tran

sact

ions

Prac

tical

Str

ateg

ies

for A

cqui

sitio

n, D

ispo

sitio

n, a

nd O

wne

rshi

p

in T

oday

’s Ch

alle

ngin

g Co

mm

erci

al R

eal E

stat

e M

arke

t

Thur

sday

-Sat

urda

y, A

ugus

t 13-

15, 2

009

Sa

nta F

e, N

M (E

ldor

ado

Hot

el) |

Liv

e Vid

eo W

ebca

st

“Thi

s is

the

first

ALI

-ABA

cou

rse

that

I ha

ve a

tten

ded

and

I was

ver

y im

pres

sed.

The

sp

eake

rs w

ere

clea

rly k

now

ledg

eabl

e an

d ex

perie

nced

and

pla

yed

agai

nst e

ach

othe

r w

ell.

The

pan

el fo

rmat

is a

n ex

celle

nt w

ay to

kee

p it

inte

rest

ing.

It w

as in

tere

stin

g to

ha

ve th

e pe

rspe

ctiv

e of

pra

ctiti

oner

s fr

om d

iffer

ent p

arts

of t

he in

dust

ry.”

—

pre

viou

s reg

istr

ant

Now, more than ever, you need solid, practical advice to steer your clients through this challenging real estate market. A nationwide panel of experts will guide you through:

How to deal with defaults, insolvencies, •bankruptcies, and other problems stemming from the credit crisis

Practical strategies for acquisition, financing, •ownership, and disposition of commercial real estate

New strategies to structure the best •deal for your client in today’s topsy-turvy world of financing

15.7

5 MCL

E hou

rs, i

nclu

ding

one h

our o

f eth

ics an

d pr

ofes

siona

lism

18 CP

E hou

rs in

Rea

l Est

ate (

grou

p-liv

e and

gro

up-in

tern

et-b

ased

pro

gram

)HoTEL ACCoMMoDATIoNS / groUP rATEA limited block of rooms has been reserved at the Eldorado Hotel. Located just off the historic Santa Fe main plaza, this stately landmark Santa Fe hotel offers rooms appointed with unexpected pleasures such as private balconies and Kiva fireplaces.

reserve your hotel room by July 20 to take advantage of the group rate of $269 per night. You must mention this ALI-ABA course of study to qualify for this special rate. Room reservations may be made by calling or writing to the Eldorado Hotel, 309 West San Francisco Street, Santa Fe,

NM 87501; phone 505-988-4455 or 800-955-4455; FAX 505-995-4544. Confirmations will be sent by the hotel. Please read the cancellation policy carefully.

SUBSTANTIAL groUP DISCoUNTS AVAILABLE for live and webcast attendance

GET MANDATORY CLE AND CPE CREDITALI-ABA is an accredited MCLE provider in AR, CA, CO, IL, ME, MO, MS, MT, ND, NM, NV, NY, OK, PA, RI, SC, VT, WI, and WV. We apply for accreditation on a course-by-course basis in virtually all other MCLE jurisdictions, including AL, DE, FL, GA, IA, ID, IN, KS, KY, LA, MN, NC, NH, OH, OR, TN, TX, UT, VA, and WA. For this course, ALI-ABA will apply for 15.75 credits, including one ethics credit, in 60-minute states; and for 18.9 credits, including 1.2 ethics credits, in 50-minute states. In NY, this course is appropriate for both newly admitted and experienced attorneys. For specific in-formation on CLE, CPE, or other professional accreditation, please e-mail the MCLE Team at TeamMCLE@ali-aba.org, go to http://www.ali-aba.org/mcle, or call 1-800-CLE-NEWS.

NASBA ACCREDITATIONALI-ABA is registered with the National Association of State Boards of Accoun-tancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth

Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org. For more information regarding ALI-ABA’s administrative policies, such as complaint and refund, please call Customer Service at (800) CLE-NEWS. CPE credit hours for this course: 18 in real estate (group-live and group-inter-net-based program). Learning Objectives: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent developments; development of proficiency in performance of intricate and complex tasks within a narrow area. Suggested Prerequisite: Limited experience in practice in subject matter or completion of Basic CLE/CPE Course in subject matter. Level of Instruction: Advanced

American Law Institute | American Bar AssociationThe first national provider of CLE

Register now for the live course or webcast and view the online version any time it’s convenient.On-demand programs are typically available within 10 days of the original broadcast and qualify for CLE credit in most jurisdictions.

www.ali-aba.org/Cr001

Santa Fe is synonymous with art and native culture. After immersing yourself in real estate law, you can indulge your thirst for art with Santa Fe’s offerings. This year’s presentation coincides with the Santa Fe opera’s summer 2009 season. Opera productions include Mozart’s Don Giovanni, Verdi’s La Traviata, and Paul Moravec’s The Letter.

Other attractions in the area include the georgia o’Keeffe Museum, the Children’s Museum, Bandelier National Monument, and the incomparable Canyon road Art galleries.