I am extremely honored, excited, and humbled to serve as TMA Global President for 2023. Like many of you, TMA has always been tremendously rewarding and beneficial to my professional business development and in building so many close personal friendships. I am fortunate to have had the opportunity...
This month’s issue of the Journal of Corporate Renewal highlights the very important agriculture industry. With food prices rising, uncertainty surrounding Ukraine grain shipments, and the plight of farmers so often in the news, agriculture becomes an even more critical industry in which turnaround...
“It Starts With One Connection,” the theme for The 2022 TMA Annual, couldn’t be more relevant right now. Each TMA Global conference theme serves as a headline of the times, building on one another to guide us to the next. Past themes, such as “Reunited and Reignited,” “Get Ready for Impact,” “...
Given the history of TMA, a year wouldn’t be complete without a JCR focused on the automotive industry. As we all know, between tariffs, COVID shutdowns, supply chain issues, and gas prices, this has certainly been a volatile period for anyone trying to purchase a car and the large number of...
Since the onset of the COVID-19 pandemic, stakeholders in the automotive industry have been severely impacted. OEM suppliers have operated against multiple industry disruptions, including declining automaker outputs and the rapid rise in labor costs, raw material prices, and premium freight charges...
As we wave goodbye to summer and transition into our respective fall schedules, I hope you enjoyed some well-deserved rest and relaxation this summer. I am certain that even a short pause in the busy schedule of a restructuring, corporate renewal, or insolvency industry professional was a welcome...
Welcome to the mass torts issue of the TMA JCR . This issue introduces some new moves for restructuring and bankruptcy professionals. At its most simplistic level, a mass tort is a civil action that involves a high number of plaintiffs against one or a few defendants. These lawsuits, which may be...
A company has continuing economic decline. Management makes poor decisions. Too much debt is issued, and new debt is used to fund annual budgets. A weather event damages critical assets. Tax advantages enjoyed for many years start to expire. Healthcare costs continue to grow and take a larger share...
As we enter Q2, I revel in the many accomplishments TMA has achieved in the first three months of 2022, following the new normal we’ve been living in for the past two years. TMA chapters once again are coming together for regional conferences, many chapters continue to socialize virtually with...
I hope that you joined us at the TMA Distressed Investing Conference in Las Vegas. It was a terrific event, and we were very happy to see so many of you back in person. TMA will continue putting on great networking and education events in 2022, so if we missed you in Las Vegas, we hope to see you...
