Arizona James R. Chaffin, Dental Recovery Solutions 360 LLC Anthony J. Piccirillo , Hover Brian Shiau, American Industrial Acquisition Corporation Atlanta Rob Adams, Bluejay Advisors LLC Stephen J. Burke, PricewaterhouseCoopers LLP Clayton J. Huffman , Frazier & Deeter LLC Luke A. Joyner, CIT...
TMA Reflections
As we celebrate TMA’s 28th anniversary at The Annual in Orlando, we should proudly reflect on the global brand that TMA has become. TMA serves approximately 8,300 members in 55 chapters around the globe, including 23 outside of North America. TMA’s premier certification program includes nearly 800...
Oren Klein, photo courtesy of Victor Chu, victorchuphoto.com
Oren Klein is a managing partner and cofounder of AuctionAdvisors in Montclair, New Jersey. With more than 16 years of auction experience, he is responsible for auction sales and client management throughout the United States. Before entering the traditional auction business, Klein was a partner at...
Canada, Oil & Gas, Cross-Border
In Redwater Energy Corporation (Re) , the Court of Queen's Bench of Alberta held that certain sections of the Oil and Gas Conservation Act (Alberta) and Pipeline Act (Alberta) are inoperative to the extent that they are used by the Alberta Energy Regulator (AER) to prevent the abandonment or...
Failing to Protect Security Interests in Australia Can Be Costly
The recent New South Wales Supreme Court decision in Forge Group Power Pty Limited (in liquidation)(receivers and managers appointed) v. General Electric International Inc. [2016] NSWSC 52 clarifies two key issues concerning the scope of Australia’s Personal Property Securities Act 2009 (Cth) and...
A third-generation, $20 million meat processing company was struggling in mid-2012. It had virtually no liquidity and was overleveraged, cash-flow negative, and in default with its senior lender. By any stretch of the imagination, it looked like bankruptcy was inevitable. Yet the company didn’t...
Alabama Hartwell K. Smith, Watts Realty Company Arizona Carl Cunningham, Surplus Asset Management | SAM Auctions Robert J. Itkin, Simon Consulting LLC Norman R. Lemus, UBS Anton Orlich, Pivotal Group Inc. Atlanta Lori Alsterberg, Bibby Financial Services (Midwest) Inc. Tyler Backus, FTI Consulting...
The Polsinelli|TrBK Chapter 11 Distress Research Index increased by nearly 8 points, to 52.68, in Q2 2016 versus the previous quarter and has now increased for five of the last six quarters. Compared with the same period one year ago, the index has risen nearly 15 points, or approximately 39...
Peter L. Tourtellot, CTP
Former TMA Global President and Chairman Peter L. Tourtellot, CTP, a tireless advocate and leading voice for the development of high professional standards for the turnaround and restructuring industry, died in a Greensboro, North Carolina, hospital on July 16. He was 78. A founding board member of...
Kirk Blair , a Deloitte Advisory partner with Deloitte Financial Advisory Services LLP, has been named Deloitte Advisory Corporate Restructuring Group leader, succeeding William Snyder , who has left the firm to pursue other ventures. In addition, Michael Epstein , a Deloitte Advisory principal...