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 up to 5 one-time...
Welcome to TMA Talks, a regular series of podcasts hosted by TMA Global CEO Scott Y. Stuart, Esq . Each segment features prominent TMA members, industry experts, and other special guests. These exchanges, edited transcripts of which are printed in the JCR , offer insights into key markets, forward-...
A lison Elko Franklin is a senior managing associate with Denton’s in Atlanta, focusing her practice on corporate reorganizations, municipal reform, creditors’ rights litigation, and distressed transactions. She represents debtors, trustees, creditors’ committees, and creditors in Chapter 11...
Post-Brexit, how would creditors in the U.K. retrieve assets that had been transferred to Europe? How would creditors recover debts from European Union (EU) companies that are insolvent? This article looks at how the European Regulation on Insolvency Proceedings (EIR) and recognition of insolvency...
Recreational cannabis use became legal in Canada on October 17, 2018. Canada is now the second country in the world—and the first G-7 nation—to authorize a national cannabis market. 1 The passage of Bill C-45, otherwise known as the Cannabis Act, marks a historical moment for advocates of cannabis...
General Motors announced on November 26, 2018, its intention to end production at five plants in the United States and Canada by the end of 2019. Press coverage focused primarily on the immediate and direct expected loss of jobs. Political commentary and reaction were also prevalent, given the...
Since the great financial crisis of 2008, direct private credit investments outside the banking system have grown exponentially. Both regulation and competition have forced the traditional regional banking model to consolidate and focus on larger borrowers, which are easier to service than smaller...
So many times, turnaround professionals are engaged in situations involving companies that have little or no liquidity or that appear to lack access to capital. Frankly, businesses that lack liquidity are one of the main reasons the turnaround industry exists. As such, it is imperative that...
Distressed investors may see value in individual assets held by a distressed company or pledged to its lender, rather than in the company as a whole. These investors see opportunity in these assets, but realize significant risk in acquiring them. To assume this risk, they seek a certain level of...
The availability of capital for private companies is at an all-time high. According to Preqin’s Q3 2018 Fundraising Report, global private equity dry powder currently sits at approximately $1.1 trillion, while global private debt dry powder was at a record $281 billion as of September 30, 2018...
