Empowering Women to Reach Their Fullest Potential
As we prepare to host the TMA Network of Women (NOW) Summit in Chicago on May 16, I thought it was appropriate to reflect on the TMA NOW initiative. Established in 2013, TMA NOW fosters female leadership by creating the premier business development and networking group for women in the turnaround...
Newcomers: May 2017
Alabama James A. White, Eagle Business Credit Arizona Susan Conrad, Simon Consulting LLC Atlanta Neil Heyside, Deloitte CRG Matthew J. McEnerney, Aurora Management Partners Inc. Jay Moore, Whitehorse Capital Partners LP Neal Mulford, AloStar Bank of Commerce California - Northern Jeannie Kim, U.S...
Deirdre Carey Brown: Acting Out
Deirdre Carey Brown is of counsel with Hoover Slovacek LLP in Houston. Board certified in business bankruptcy law by the Texas Board of Legal Specialization, she focuses her practice on complex commercial litigation, with an emphasis on bankruptcy litigation and mediation. Brown consistently serves...
CTP Healthcare Roundtable: Distressed Hospitals
T his is the first in an occasional series of roundtable discussions by Certified Turnaround Professionals (CTPs) on issues impacting the turnaround, restructuring, and distressed investing industry. In this installment, Ruediger (Rudi) Mueller, CTP ; Robert D. Katz, CTP ; and Edward J. Sanz, CTP...
Lenders, Landlords Can Turn to Healthcare Receiverships for Troubled Facilities
The healthcare industry presents challenges for operators, landlords, lenders, vendors, and others doing business within the sector. The industry is virtually always in turmoil amid reimbursement rate modifications, new enforcement efforts, and the ongoing evolution of the delivery of medical care...
Japan’s Buyout Firms Generate Stable Returns Via Operational Improvements
At least up until now, the Japanese buyout market has disappointed many market players in terms of market volume, which, according to Asia Private Equity Review, was $3.6 billion in 2016. This is a 69 percent decrease from 2008 and represents less than 0.1 percent of the nation’s gross domestic...
The Enforceability of a Make-Whole Provision in Bankruptcy: It Says What It Says
For more than a decade, make-whole premiums, also referred to at times as prepayment premiums, prepayment fees, yield maintenance premiums, or similar terms, have been a common feature in bond indentures and credit agreements. The basic purpose of a make-whole premium is to compensate the investor...
Why CEO Leadership Gaps in Troubled Companies Matter
One consistent theme can be found playing out in virtually every troubled and underperforming company: a sustained gap in effective leadership by the CEO. Throughout the life cycle of a business, normal ebbs and flows of both prosperity and challenges are natural. Businesses are continually...
TMA-LI Summer Social On The Sound
TMA-LI Summer Social on the Sound! Please join us on: Tuesday, June 6, 2017 from 5:30 pm to 8:00 pm at Louie's Oyster Bar and Grille 395 Main Street Port Washington, NY 11050 Registration Fee: Members: $25.00 (includes 2 drink tickets) Non-Members: $50.00 (includes 2 drink tickets) (Appetizers will...
Operational Restructuring: Key Challenges to Business Sustainability
TMA Serbia invites You to unique event which will address key areas of operational restructuring from different angles, including lenders’, corporates’, practitioners’ and investors’ perspectives. For this occasion, we have chosen Operational Restructuring: Key Challenges to Business Sustainability...