Restructuring

Restructurings in the U.S. Through the Pandemic and Beyond

Since the pandemic hit in March 2020, the restructuring landscape around the world and, in particular, in the United States has altered appreciably. For many, the pandemic began “for real” on Thursday, March 12, 2020, the night the National Basketball Association shut down. At that moment, the...

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Global Restructuring

Making Your Own Luck

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...

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Global Restructuring

Inaugural International Symposium Showcases TMA’s Global Reach

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...

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Leadership

Global Restructuring

Pressures Continue to Grow in the Ag, Logistics Industries

Thinking Globally to Promote Successful Turnarounds

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...

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Global Restructuring

Reservations for Restructuring: Headwinds Force Hotel Bankruptcies

The hospitality industry, particularly hotels, has been subject to significant headwinds since the onset of the pandemic in March 2020. Certain segments of the industry, mainly leisure properties, have recovered better than others. Hotel properties primarily reliant on business travel have...

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Hospitality/Hotels

Restructuring

The C-Suite Spills the (Boston) Beans: A Futuristic Look at the Restructuring Landscape

From the 2022 TMA Annual Conference

During the last few years, the insolvency industry has witnessed a tumult of financial advisory firm activity. New entrants, acquisitions, roll-ups, service expansions, investment banks, and strategy firms are moving into the classic restructuring space...

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Continuing Education Units (CEUs)

Personnel

Turnaround Consulting

Distressed Investing

Restructuring

Video

Lender Liability 101

What is lender liability and what could trigger a claim? Financial advisors, turnaround practitioners, and credit professionals need to understand the limits of a lender's ability to direct the debtor's business. Join this session for a high-level overview of lender liability, an examination of...

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Continuing Education Units (CEUs)

A Korean Cowboy

Q: How did you gravitate into turnaround/restructuring work? KIM: My dad was in the plastic injection molding business for most of his professional career, and he had sold a business. He was semi-retired by the time my younger brother and I were around 10 and 12. My dad had gone through the...

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Restructuring

The Effect of Cross-Border Restructuring Convergence on Future International Restructurings

With the outlook for the U.S. and world economies fading, 1 restructuring professionals may anticipate new innovations during the coming down cycle. One likely innovation will be an increasing number of cross-border restructurings using the growing flexibility of restructuring law abroad,...

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Restructuring

Need for Operational Flexibility May Test Airlines’ Stakeholders in Restructurings

In the wake of the COVID-19 pandemic, the surviving airlines have accelerated cost-cutting efforts, curtailed capital expenditures, and reduced their fleets. Arguably, airlines are in a much stronger operational position to cope with volatile operating environments. However, the highly uncertain...

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Airlines

Restructuring