The NJTMA's exclusive scholarship program is a tremendous member benefit. In keeping with our educational mission, we award scholarships annually to graduating high school seniors and undergraduate students attending an accredited college or university. This year, NJTMA will award three one-time $...
Join TMA West Michigan for Session 2 in the 2016 Case Study Luncheon Series: Bankruptcy Issues When: March 8, 2016; 11:45 AM-1:00 PM Where: The University Club: 111 Lyon Street; Grand Rapids, MI 49503
The TMA Toronto Spring Gala held on May 26, 2016 was an outstanding success. It was an evening honouring women in restructuring and benefitting a well deserving charity, Girls E-Mentorship Innovation. The Award Winners: Congratulations to the recipients of the TMA Toronto Women of Excellence Award...
Join TMA members and guests for a morning on the course! Start your day by enjoying a continental breakfast while warming up your swing on the driving range. You will then be placed in your foursome for a shot-gun start. After completing the last hole, join the group in the clubhouse for a...
Challenges present opportunities, and there will be many challenges in 2016 providing for creative distressed investment opportunities. The challenges range from rising interest rates and lower commodity prices to geopolitical risks and a global economic slowdown. Some of these challenges will have...
Investing in distressed assets can be a highly profitable modus operandi. However, whether distressed investors realize value can be predicated on a variety of factors, including transaction price, assessment of operations and achievability of the business plan, management execution, capital...
Everyone knew that 2015 would be a daunting year for the North American energy sector, but it arguably surpassed even the worst of expectations and closed out the year at the nadir of a tumultuous and largely unanticipated downturn. Informed opinions largely agree that 2016 holds few prospects for...
The U.S. oil and gas industry has continued to suffer substantial distress this year, with oil prices falling below $35 per barrel. Since late 2014, the industry has grappled with both severely depressed oil prices and burdensome debt levels. Global oil prices began trending lower in summer 2014 as...
Buying bankruptcy trade claims can be attractive for distressed investors, while also providing an important and necessary potential source of liquidity to a wide range of creditors. Buying unsecured debt or “claims” against companies that are in bankruptcy, however, is risky no matter how an...
Following high-profile decisions issued by the U.S. District Court for the Southern District of New York, the Trust Indenture Act of 1939 has been garnering significant attention in recent months. 1 In addition, amendments to the Trust Indenture Act were introduced that, if adopted, would have...
