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Dec 29, 2008

Turnaround Pros Put Job Creation, Tax Cuts, and Unfreezing Credit at Top of New Administration’s ‘To-Do List’

The most critical task for the Obama administration, according to members of the Turnaround Management Association responding to an annual forecast poll, is to take steps that will overcome consumer fear and credit paralysis.

Dec 23, 2008

Former SEC Chairman and Leaders in Distressed Investing Highlight 2009 Distressed Investing Conference

Leaders in distressed asset investing and corporate restructuring will gather for the third annual Distressed Investing Conference, co-sponsored by the Turnaround Management Association and The Deal, LLC, January 21-23, 2009, at The Bellagio, Las Vegas.

Dec 12, 2008

TMA Members Weigh In Online: Expertise on the Financial Crisis at www.turnaround.org

A new online column at www.turnaround.org, "My View," presents opinions from corporate restructuring experts immersed in the cascade of business events shaping the national economy. These members of the Turnaround Management Association (TMA) bring the urgently needed experience and perspective that can shape business decisions being made on both Capitol Hill and Main Street.

Nov 11, 2008

Too Little, Too Late? TMA restructuring pros expect credit freeze to thaw slowly

Most (66 percent) of the 35 Opinion Leaders in the Turnaround Management Association answering a "Flash Watch" one-question poll last week believe that the U.S. government rescue of the financial system will eventually free up credit for distressed businesses

Nov 4, 2008

Turnaround Management Association Names Officers for 2009

Turnaround Management Association (TMA), the only international non-profit association dedicated to corporate renewal and turnaround management, announced its 2009 officers at the 20th Annual Convention last week at the New Orleans Marriott.

Oct 29, 2008

Traditional Turnarounds Hampered by Credit Freeze; More Liquidations on the Horizon, According to TMA Member Poll

As the U.S. economy teetered during the worst financial crisis in recent history, turnaround consultants and financial advisors faced an abundance of work but a paucity of options to save businesses stifled by a credit crunch.

Oct 13, 2008

Restructuring Professionals Gather in New Orleans, October 27-29, at the Turnaround Management Association’s 20th Anniversary Convention

Just a week before the US Presidential election, nearly 1,000 of the key players in this industry gather at the New Orleans Marriot October 27-29 to mark the 20th Anniversary of the Turnaround Management Association and to hear leading experts discuss world events and the financial crisis battering the world markets.

Oct 9, 2008

16 Professionals Who Led 7 Successful Turnarounds to be Honored at TMA 20th Anniversary Convention October 28

Sixteen professionals leading seven corporate turnarounds named as Turnaround of the Year Award winners will be honored October 28 at the Turnaround Management Association's 20th Anniversary Convention at the New Orleans Marriott.

Oct 7, 2008

Trio of Professionals Receive TMA Award for Best Orchestration of a Restructuring Transaction

The Turnaround Management Association (TMA), the only international non-profit association dedicated to corporate renewal and turnaround management, has selected three restructuring professionals to receive its 2008 Transaction of the Year Award for the financial restructuring of Remy International Inc.

Oct 7, 2008

Most Successful Corporate Turnarounds To Be Recognized October 28

Sixteen professionals leading seven corporate turnarounds named as Turnaround of the Year Award winners will be honored October 28 at the Turnaround Management Associationfs 20th Anniversary Convention at the New Orleans Marriott.

Sep 30, 2008

Recent events on Wall Street make turnarounds even more difficult, according to TMA Flash Watch poll

A "Flash" one-question poll answered last week by a blue-ribbon group of 32 Opinion Leaders in the Turnaround Management Association offered insights into the principal impact on underperforming companies of the financial crisis on Wall Street and the intervention by central banks.

Sep 19, 2008

TMA September 24 Webinar Offers Insights into Current Financial Crisis

The next offering in the Turnaround Management Association’s Webinar Series, "Emerging Trends from the Current Credit Market Crisis," from 11 a.m. to noon Eastern, Wednesday, September 24, will help decipher the current financial crisis and its implications for professionals who work in the restructuring and turnaround industry.

Sep 10, 2008

Three Teachers Who Have Changed Students’ Lives Will Receive the 2008 Butler-Cooley Excellence in Teaching Award

TMA Will Recognize Outstanding Teachers from Upper Darby, Pennsylvania, East Cleveland, Ohio, and Indianapolis, Indiana during the 20th Anniversary Convention in October.

Aug 28, 2008

TMA Announces Winners of Turnaround and Transaction Awards

Turnaround Management Association (TMA), the only international non-profit association dedicated to corporate renewal and turnaround management, has selected its 2008 Turnaround of the Year and Transaction of the Year award recipients.

Aug 15, 2008

Columbia and NYU Students Are Winners in TMA’s Carl Marks Student Paper Competition

The Turnaround Management Association (TMA) announces the winners of the 2008 Carl Marks Student Paper Competition to recognize outstanding student achievement in the field of corporate renewal.

Jul 17, 2008

TMA Flash Watch poll shows restructuring business is edging upward

A July 10 "Flash" poll question indicates that business activity in the restructuring industry is picking up.

Jun 25, 2008

Turnaround Pros Expect Debt Default Rates to Increase to Near-Recession Levels

Results of 2008 TMA Trend Watch Credit Poll

May 27, 2008

Turnaround Management Association Names First Inductees into Industry Hall of Fame

The Turnaround Management Association (TMA) is pleased to announce the inaugural class of inductees into the TMA-sponsored Turnaround, Restructuring and Distressed Investing Industry Hall of Fame.

May 23, 2008

TMA Webinar May 29 Reveals How to Find Hidden Value in Distressed Assets

"Blood from a Stone: Hidden Value in Distressed Assets" -- Another in the TMA Webinar series sponsored by the Turnaround Management Association

May 13, 2008

What's the credit landscape like today? Tell us what you think in the TMA Trend Watch poll.

Are debt defaults due to rise? Are hedge funds and private equity as significant a source of funding for distressed companies as a year ago? How tight is credit now? Let us know your views.

Apr 15, 2008

April 17 TMA Webinar focuses on distressed retail

Restructuring professionals who focus on retail business share the inside story on why there’s a "Sale on Everything: The Changing Nature of Distressed Retail," part of the TMA Webinar series sponsored by the Turnaround Management Association.

Mar 13, 2008

TMA Seeks Most Successful Turnarounds and Transactions of the Year for Annual Awards; Deadline May 5

TMA is currently accepting entries for 2008 awards, with a deadline of May 5 for electronic submissions for turnarounds and transactions completed between July 1, 2007 and May 1, 2008.

Feb 28, 2008

Turnaround Experts Descend on Orlando March 27-29 for "The Reckoning"

Highlights of upcoming 2008 TMA Spring Conference

Feb 21, 2008

Cash Prizes To Go to Best MBA Papers in Carl Marks Papers Competition

May 30 is the entry deadline for the Carl Marks Student Paper Competition administered by the Turnaround Management Association (TMA) to recognize outstanding student achievement in the field of corporate renewal.

Feb 15, 2008

Peter Tourtellot, CTP, to Head Certification Oversight Committee

Peter Tourtellot, CTP, principal in the Greensboro, N.C., turnaround firm of Anderson Bauman Tourtellot Vos & Co, has been elected President of the Certification Oversight Committee (COC) for the Turnaround Management Association (TMA).

Feb 12, 2008

Turnaround Management Association Launches Industry Hall of Fame

The Turnaround Management Association is soliciting nominations for the Turnaround, Restructuring and Distressed Investing Industry Hall of Fame, established in 2008 in honor of TMA’s 20th anniversary as the premier professional community dedicated to corporate renewal and turnaround management.

Jan 29, 2008

$5,000 Cash Prizes for Outstanding Teachers from the Turnaround Management Association; May 1 Deadline for Entries

Butler-Cooley Excellence in Teaching Call for 2008 Entries

Jan 29, 2008

Tony Bergen and Kate Lepak Chosen for Outstanding Contribution Award from Turnaround Management Association

Anthony M. Bergen, CTP, and Kathleen Z. Lepak have been selected as Outstanding Individual Contribution award recipients from among the 8,000 members in 43 Turnaround Management Association (TMA) chapters worldwide

Jan 29, 2008

Florida and Southern California TMA Chapters Earn Top Honors

The Florida and the Southern California Turnaround Management Association chapters will receive awards for exceptional achievement at the TMA 2008 Spring Conference , March 27-29 , at the Ritz Carlton Grande Lakes, Orlando, Fla.