The Melting ICE Cube:
Few industries are as impacted by macroeconomic pressure, global supply-chain disruption, and technological changes as the automotive industry. Over the past year, the sector has enjoyed light vehicle demand that significantly exceeded supply, and this is a major factor in Wall Street taking a...
Suppliers Face the Most  Difficult Operating  Environment in Memory
During the financial crisis, automotive OEMs and suppliers faced a more rapid and severe collapse in demand than the industry had seen in modern history. In North America, new vehicle production dropped more than 40% from 2007 to 2009 as consumer confidence evaporated and new car financing...
Leader Board: Jeffrey C. Hampton
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...
From Crisis to Clarity
Well into autumn, we come closer and closer to the grandness of conference season and the beginning of many positive steps forward with what lies on the horizon for 2023 and beyond for TMA Nation. Led by TMA Global President Jane Mitnick, our Governance Task Force has spent a good part of 2022...
Pressures Continue to Grow in the Ag, Logistics Industries
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...
The Impending Collision Between DAOs and U.S. Bankruptcy Courts
The focal point of blockchain technology is the concept of decentralization—that is, no central authority exists with control and decision-making power. As blockchain technology has evolved, innovators have found creative uses of the technology to disrupt centralized structures, including the...
Soliciting and Tabulating Votes  on Chapter 11 Plans from Holders of Publicly Traded Securities
Today, nearly all securities around the world are held electronically at various clearinghouses, including The Depository Trust Company (DTC), Euroclear, and Clearstream International SA. Electronic holding facilitates efficient, immediate, cost-effective, and anonymous trading and contributes to...
Privacy Mandates Threaten to Upend the $249 Billion Digital Advertising Market
Over the last decade, digital has become the dominant channel in advertising due to its combination of extensive reach and strong, measurable ROI performance. Digital’s primary competitive advantage over traditional forms of advertising, such as linear TV, radio, print, and out-of-home, is the...
Intellectual Property Considerations for Buyers in Bankruptcy Sales
Familiarity with sales of a debtor’s assets during a bankruptcy case is much more pervasive than in years past. Such sales, known as 363 sales and named for a section of the U.S. Bankruptcy Code, generally allow a debtor to sell its assets free and clear of liens, claims, and encumbrances, and give...
The Treatment of Cryptocurrency Assets  in Bankruptcy
The continuing effects of the COVID-19 pandemic, the war in Ukraine, worsening inflation, and fears of a recession have roiled the world economy this year. The cryptocurrency market has not been immune to these forces and has experienced significant liquidity events, accelerating an industrywide...