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...
As we journey into the second half of 2022, this is a good time to pause and reflect on where we are as an organization and how we continue to improve on what it means to be a member of TMA. When we opened the year, two notable projects were at the forefront. The first was our Strategic Planning...
As professionals in the restructuring, corporate renewal, and insolvency industries, we witness obstacles and challenges caused by disruption that our clients and businesses face every day. Although no one could have predicted the “disruption of the century” caused by the COVID-19 global pandemic,...
As we bring to a close the first half of 2022, I wanted to reflect on some highlights that speak to where we are as an organization and where we will journey for the balance of this year and beyond. Just a few weeks ago, Austin, Texas, was host to three different, yet equally empowering and...
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...
This issue of the JCR focuses on the restructuring of Puerto Rico. Like the island’s history, the restructuring efforts involving this commonwealth were, in a word, “complicated.” Puerto Rico has a long, rich, and proud history and cultural identity. Before Christopher Columbus set foot on the...
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...
In this issue of the JCR we focus on the cutting-edge topic of mediation, a subject near and dear to me. Having been a mediator and teacher of mediation, I am glad for this opportunity to share my thoughts on this important topic and what it means to the professionals of TMA. Mediation speaks to...
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...
As we enjoy the afterglow of one of most successful and meaningful Distressed Investing Conferences TMA has experienced in recent years, we look at our year of Innovation through Disruption, and we revel in the opportunities that lie ahead. In a year where our membership retention is at historic...