Australia’s federal government has instigated the first major legislative review of its corporate insolvency and restructuring regimes in more than 30 years. This review comes after decades of only piecemeal amendments, resulting in one of the most complex insolvency legislative regimes in the...

More than 18 months since the debt crisis of China’s property sector started unravelling, its lingering effects remain in the spotlight and continue to be the main focus of the debt restructuring community in this part of the world. At least 50 Chinese developers have defaulted since 2021 on an...

The economic backdrop in the UK, post-COVID, has proven to be extremely challenging for companies operating in many sectors. There are several significant factors, the likes of which haven’t been seen for a generation, which combined, make for an extremely challenging environment for businesses and...

“The COVID pandemic will put to test the UAE’s insolvency and restructuring regime,” was the topic of discussion amongst the government, legal, accounting, and insolvency fraternities in the UAE. The oil price crash that came about in 2020 as a direct result of the pandemic left many companies...

The COVID-19 pandemic has impacted companies in Turkey in many ways. Companies have experienced reductions in the demand for products and services and disruptions in supply chains. Financially, getting credit has become more difficult, and companies have had a hard time paying current debt...

Recent geopolitical and macroeconomic developments, including inflation, the interest rate environment, money supply, and signs of recession, have had a significant impact on the financing market globally. In Germany, the decline in the financing volume of leveraged loans, high-yield bonds, and...

They say luck is where opportunity meets preparation. Restructuring professionals can make their own luck by taking advantage of the many learning and interpersonal opportunities that TMA provides. TMA is a tool for those members who take advantage of the connectivity, education, certification, and...

Nothing is more demonstrative of our theme for the year, You Are Part of Something Bigger, than the internationalism of our organization. With 23 international chapters representing virtually every continent in the world, the brand power and awareness of what TMA represents cannot be understated...

Before Medici Bank collapsed in 1494, Florence was a finance centre for Europe. The bank's failure stranded far-flung assets and crystallised local and foreign creditor claims. In those days, national legal systems had little concept of comity or pari passu treatment between onshore and offshore...