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Turnaround of the Year Award Presentation & Annual Meeting

Thursday, November 21, 2019 - Thursday, November 21, 2019
4:00 PM - 6:30 PM CST
Minneapolis Club
729 2nd Ave S Minneapolis, MN United States
Thursday, November 21, 2019 - 11:00 to 13:30
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2019 Chapter Turnaround of the Year Presentation
Thursday, November 21 (4 - 6:30pm) @
Minneapolis Club

 
SIVYER STEEL CORPORATION
Navigating through Troubled Waters to a Safe Harbor for Stakeholders

This year’s Turnaround of the Year award will be presented to Turning Point Management Advisors for its work on the Sivyer Steel Corporation matter.
From 2016-2019, Turning Point Management Advisors led turnaround efforts for this Iowa-based steel casting company affected by a global downturn in the mining industry.

Turning Point was approached by the Bank to assess the viability of the company, which had a significant effect on the local economy (described in a press release as a “regional economic engine”). Turning Point’s efforts spanned 2016-2019, and to complement the work of its turnaround team, guided the company through a successful 363 sale process with the new company re-employing all employees.

Panel Members:

  • Jeff Goetz, Bankruptcy Counsel for Sivyer - Bradshaw, Fowler Proctor & Fairgrave
  • Keith Kramer, former President & CEO - Sivyer Steel Corporation
  • Scott Reining, Senior Vice President - TBK Bank Elgin
  • Robert Silhacek, Partner - Turning Point Management Advisors
  • Michael Wise, Partner - Turning Point Management Advisors




We hope you can join us!
All interested professionals are welcome to attend.

PROGRAM OF EVENTS

  • 4:00 - 4:30pm | Registration, Cash Bar
  • 4:30 - 4:45 pm | Chapter Annual Meeting, General Announcements
  • 4:45 - 5:45pm | Event Presentation, Q & A
  • 5:45 - 6:00pm | Miscellaneous Chapter Wrap-up items
  • 6:00pm.... | Networking, Appetizers and Cash Bar
  • Click here for Mapquest interactive directions to Minneapolis Club.
  • Minneapolis Club offers complimentary parking in their ramp after 4:00pm
  • Dress Code: Business or Business Casual.
Event Cancellation Policy: 

Contact Brenda Ryan at brenda.mn@turnaround.org prior to November 13 and there will be no charge. Cancellations received after 11/13 (and all event no-shows) will be charged the full applicable registration fee.

Substitutions: Substitutions are allowed, however if substitute is not a TMA Member, the applicable difference in the registration fee will be requested.

For more information, contact:

Brenda Ryan
Chapter Administrator
612-708-0258

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Benefits of a TMA Membership

"I've gotten a number of legitimate, 'for sure wouldn't have got the deal but for TMA' deals over the years."

-Brian Van Nevel, Spectrum Commercial Services Company, TMA Minnesota