Thank you very much for that introduction, Jennifer, and thanks to the entire PCCE staff for organizing this great event. It is always wonderful to be at NYU and especially to appear before such a distinguished audience.
Let me first share with you some general principles we follow with respect to monitors, and then discuss some specific issues, including:
- How we determine whether to seek appointment of a monitor;
- The factors we consider in selecting a monitor;
- How an entity might avoid the appointment of a monitor; and
- What, in our experience, makes a monitorship successful?