Banco Popular de Puerto Rico

Manny Grillo is a partner in the firm�s Business Law Department and chairs its Financial Restructuring Practice. He is also a member of its Leveraged Finance Practice and co-leader of its Municipal Bankruptcy Group. Mr. Grillo represents secured and unsecured creditors, Chapter 11 debtors and borrowers, as well as both sellers and purchasers in distressed mergers and acquisitions. His practice encompasses both out-of-court debt restructurings and the rehabilitation and liquidation of financially distressed businesses under Chapter 11 of the Bankruptcy Code. Mr. Grillo regularly advises banks, hedge funds, sponsors and other financial institutions regarding insolvency and restructuring matters in complex financings and securitizations. He negotiates distressed financing transactions including debtor in possession loans on behalf of both lenders and borrowers and litigates contested confirmation and financing matters as well as avoidance actions and lender liability claims. Mr. Grillo is a member of the firm�s Opinion Committee and has been a member of its Associate Review Committee and its Committee on Racial and Ethnic Diversity. Mr. Grillo has represented creditors, debtors and borrowers across a variety of industries. In the financial services industry, he represented a troubled cooperative bank in the restructuring of over $500 million of its debt; an investment fund holding debt secured by life settlement assets in a troubled hedge fund�s chapter 11 cases; and an ad-hoc committee of second lien creditors in the restructuring of over $500 million of secured debt of one of the largest independent futures brokerage and clearing firms. He has represented lenders and borrowers in the real estate industry including the successful bidder in a section 363 sale for one of the nation�s largest real estate brokerage firms; the controlling mezzanine lender in its successful foreclosure on a portfolio of hospitality assets with a value in excess $1.5 billion; the sponsor of a portfolio of hospitality assets concentrated in the southeastern United States in the successful restructuring of $600 million of debt; mezzanine and mortgage lenders for both commercial and multifamily residential properties and lenders to Native American gaming facilities. He has represented junior capital lenders to troubled borrowers in prepackaged bankruptcy cases and periodically in their exercise of remedies. In addition, he has represented individual creditors and ad hoc groups of creditors in some of the country�s largest bankruptcy cases, including Lehman Brothers Holdings Inc., Northwest Airlines, Delphi Corporation and Silicon Graphics, Inc. He negotiated the unique DIP loan equity kicker in the NextWave Telecom cases that provided the DIP lender with a premium payable in reorganized NextWave securities at confirmation after NextWave�s litigation with the FCC in the United States Supreme Court.Mr. Grillo is a member of the American Bankruptcy Institute and the Turnaround Management Association.

John Schmidt is a partner in the Chicago-based international law firm of Mayer Brown LLP. In recent years his practice has focused heavily on large-scale transactions involving U.S. infrastructure, including the path breaking 2005 lease of the Chicago Skyway, the first privatization of major U.S. infrastructure (for which he was named �Dealmaker of the Year� by the American Lawyer). In 2010 he was recognized by the Financial Times as one of ten �innovative American lawyers� for his work in pioneering new structures for the financing of U.S. infrastructure.He has represented states, cites and private entities in a wide variety of major infrastructure transactions, including the Government of Puerto Rico in the long-term lease of the San Juan Airport, the first privatization of a major U.S. airport; the State of Indiana in the long-term lease of the Indiana Toll Road for $3.8 billion, the largest infrastructure transaction in U.S. history; and the City of Chicago in the proposed lease of Chicago�s Midway Airport. From 1994 to 1997 he was the Associate Attorney General of the United States, overseeing all aspects of the civil representation of the federal government, as well as the work of the Civil Rights, Antitrust, Tax and Environmental Divisions at the Justice Department.Prior to becoming Associate Attorney General, he served from 1983 to 1994 as Ambassador and Chief U.S. Negotiator for the Uruguay Round of world trade talks under the General Agreement on Tariffs and Trade (GATT), which concluded the largest and most comprehensive trade agreement in world history in April 1994.

David is a Managing Director in the North American Infrastructure Banking practice at BMO Capital Markets. He has 19 years of investment banking experience, specializing in advising and structuring borrowing platforms for government, project and corporate issuers in the utilities and infrastructure sectors. Over the past 5 years he has led the Canadian P3 practice for the firm and has recently added U.S. P3 concessions to his practice.David has been involved in a wide range of public and private sector mandates in his time. As an advisor for Government clients, David has been a key advisor to Infrastructure Ontario with assignments including the Windsor-Essex Parkway as well as 6 other social infrastructure projects in health care, transit, justice, and recreation totaling over $5 billion in construction procurement.As an advisor to private sector bidding consortiums David was the team leader on the Port Mann Bridge project, the RAV Line transit project, the CSEC headquarters procurement, St Joseph's hospital bid, the 407 East Extension bid, and most recently, leading the teams on winning bids for the Ontario Forensic Services and Coroner’s Complex and the Toronto City Centre Airport Pedestrian Tunnel.David is a CFA charter holder and holds an Honors Business Administration degree and a Master of Business Administration degree, both from the Ivey School at the University of Western Ontario.

Mr. Olson has over 25 years of diversified experience in higher education including 13 years with Drexel University. During his tenure, Mr. Olson has been participated in the remarkable financial growth of the University and the College of Medicine through his management of Drexel’s financial resources and investments, strategic planning and forecasting. Additionally, he fosters ties with the larger higher education community as Drexel’s representative on the Philadelphia Region Area Programming Committee of the Eastern Association of College and University Business Officers and with the greater Philadelphia community as a Leader of the Boy Scouts of America. Prior to serving at Drexel, he rose through the ranks at Coopers and Lybrand (now PriceWaterhouse Coopers) as an Audit Manager with an industry specialty in Higher Education.

Mr. Arndt is the Authority�s chief executive officer. He holds a Masters Degree in Business Administration from Lehigh University and a Bachelor of Science Degree from Ursinus College. He joined Lehigh County Authority in 1974. He is past President and Regional Director of the Pennsylvania Municipal Authorities Association (PMAA); Chair of its legislative committee (administration); and served on various standing and ad hoc committees. He is a recipient of PMAA�s William H. Markus Award of Excellence for distinguished service to the municipal authorities of the Commonwealth of Pennsylvania, the Sahli Service Award and Extended Service Award. He is a member of American Water Works Association (AWWA), the AWWA Water Utility Council (legislative and regulatory affairs) and Chair of the Infrastructure Financing Committee. He has also chaired a steering committee on the use of Private Activity Bonds to finance water infrastructure.

Laura Jackson serves as the Deputy State Treasurer of External Affairs for the Office of the State Treasurer. A graduate of Mississippi College, Laura began her career in state government in 1987 as a staff auditor for then-State Auditor Ray Maybus. She remained there for 13 years, until she was hired by State Treasurer Marshall Bennett in 2000 to serve as the Bond and Collateral Director for the Office of the State Treasurer. She served in that capacity for six years, the majority of that time serving under Treasurer Tate Reeves. As the Bond and Collateral Director, she had oversight responsibility for the payment of debt service for the State of Mississippi and the Statewide Collateral Pool and Public Funds Guarantee State Bond Commission. As the Bond Advisory Director, she was responsible for guiding the State Bond Commission through the process of issuing general obligation bonds for various capital improvement and economic development related projects. In January 2012, at the request of Treasurer Lynn Fitch, Laura rejoined the staff at the Office of the State Treasurer as the Deputy Director. Laura is a graduate of Mississippi College in Clinton with a Bachelor of Science in Business Administration degree with an emphasis in Accounting. She also holds a Master’s in Business Administration from Mississippi College. She currently serves on several school-related boards in her local school district and has served on the Mississippi College School of Business Alumni Advisory Board and the Clinton Chamber of Commerce Board of Directors.

Robert G. Flanders, Jr., a partner in the law firm of Hinckley, Allen & Snyder LLP, chairs the firm’s municipal restructuring and business litigation practice groups. A graduate of Brown University and Harvard Law School, he is a former Justice of the Rhode Island Supreme Court. He also recently chaired the State Board of Regents for Elementary and Secondary Education and served as a Governor on the State's Higher Education Board. In February of 2011, Governor Chafee appointed Justice Flanders to serve as the State Receiver for the financially troubled City of Central Falls, which he is now leading through a Chapter 9 bankruptcy reorganization.

Joseph Harris, a certified public accountant and certified internal auditor, is the emergency manager for the City of Benton Harbor. He was the auditor general for the City of Detroit from 1995 to 2005, and Detroit’s chief financial officer from 2008 to 2009 under interim mayor Kenneth Cockrel. Prior to his employment with the City of Detroit, Mr. Harris was the controller for Domino’s Pizza Distribution. Mr. Harris also served as a full-time accounting instructor for Wayne State University from 1980 to 1986, and afterwards as an adjunct accounting professor until 2005. Mr. Harris has an MBA degree from the University of Michigan and a BBA degree from the University of Detroit. He is a U.S. Army veteran.