As professionals in the turnaround industry, each of us faces disruption on a daily basis, either with our clients or with our own businesses. Change is constant, and responding to disruption, whether proactively or reactively, is woven into our fabric. When I became a member of TMA in 2001, I...

Someone once joked that economists were created to make weather forecasters look good. Unfortunately, these days, it’s tough to say who’s doing a better job. A little over a year ago, the Organization for Economic Co-operation and Development (OECD) encouraged global economies to pursue a “...

At the end of 2014 and into early 2015, the sharp decline in the oil price was daily news. While there has been some recent respite from the price falls that were being recorded, this article explores how the new lower price will impact companies in the sector in the short and medium terms. From...

Historically low interest rates resulting from quantitative easing in the developed markets have afforded relatively easy access to capital, making it possible for distressed companies around the globe to refinance rather than restructure as capital markets continue to flow. In China, bank capital...

As part of the political project Pacto por México , the Mexican executive branch signed 13 initiatives in May 2013 that derogated and amended provisions of 34 laws. The financial reform amendments became effective in January 2014. As part of the financial reform, some amendments that cover...

Joshua W. Cohen is a partner with Day Pitney LLP in New Haven, Connecticut, and chair of the firm’s Bankruptcy and Creditors’ Rights practice. He has a national practice handling bankruptcy, creditors’ rights, lender liability, commercial contract, fraud and business tort cases, receiverships,...

Robert D. Abraham has joined Citizens Bank as a senior vice president of New Business Development for Citizens Commercial Banking. He has more than 29 years of business development and lending experience and was most recently vice president of business development at Freed Maxick ABL Services in...

Arizona Andrew Feller, Deloitte Bryan Kort, CapitalSource Casey F. Lytle, FTI Consulting Douglas W. McCabe, DEVISE Capital Lee McDermid, 
 Wells Fargo Equipment Finance Ben Smith, 
 Surplus Asset Management | SAM Auctions California - Northern Nicholas M. Brown, Zazove Associates California -...

While the TMA membership represents a wide cross-section of professions and perceptions, one thing that the members seem to share in common is an appreciation for “the numbers.” So here are some numbers for your consideration. Of course, numbers by themselves aren’t very helpful, so here’s a little...

When I was asked to serve as guest editor for JCR ’s energy-focused edition last year, in trying to cover a breadth of developing trends across the industry we asked authors to focus on the investor and considerations that were important in making the investment decision. Since that time, the...