Hon. Kevin J. Carey, former TMA Global president and chairman, is among 36 bankruptcy and insolvency professionals who will be honored as Fellows in the 30th class of the American College of Bankruptcy during ceremonies at the Hotel Del Coronado, near San Diego, on March 15.
Carey is a U.S. Bankruptcy Court judge for the District of Delaware. Other TMA members among the new Fellows being recognized for their professional excellence and exceptional contributions to the bankruptcy and insolvency field are:
The American College of Bankruptcy is an honorary association of bankruptcy and insolvency professionals selected each year by the college’s Board of Regents from among recommendations of Circuit Admissions Councils in each federal judicial circuit and specially appointed Committees for Judicial and International Fellows. Fellows include bankruptcy attorneys, judges, turnaround and workout specialists, insolvency accountants, law professors, government officials, and others in the bankruptcy and insolvency community.
Eamonn Brady has joined PNC Business Credit as a senior vice president and business development officer. Based in Chicago, he is responsible for direct origination in the Illinois market. Brady joins PNC Business Credit from Wells Fargo, where he spent the last 10 years, most recently serving as a director with responsibility for direct loan originations at Wells Fargo Capital Finance. He holds a bachelor’s degree in finance from the University of Pittsburgh.
Kevin A. Krakora, CTP, has joined Getzler Henrich as a managing director, based in Chicago. With more than 25 years of experience, he has advised both companies and senior lenders in complex debt restructurings, financings, and workouts, and has led numerous Section 363 sales processes in Chapter 11 cases as well as business and assets sales in out-of-court situations. Krakora holds a bachelor’s degree in economics from DePauw University and an MBA from the University of Illinois, and currently serves as chairman of TMA Global.
Chris Lehnes has joined Live Oak Bank as a senior loan officer and is leading the team now providing asset-based lending products to small and medium-size companies throughout the U.S. Lehnes has more than 25 years of ABL and small-business lending experience. Before moving to Live Oak Bank, he was with North Mill Capital.
Jennifer Meyerowitz has joined Summit Investment Management as a managing director of business development and is based in Atlanta. Her experience in restructuring, bankruptcy law, and advising distressed companies spans almost 20 years, and she has served as an attorney, consultant, sales, and company leader in the industry. In her new position, Meyerowitz is responsible for business development, deal sourcing, marketing, and underwriting. Before joining Summit, she led the bankruptcy and restructuring group at Garden City Group, managing both the sales and operations teams. She began her career as a practicing attorney with Alston & Bird LLP, and holds a law degree from Emory University and a bachelor’s degree from the University of Michigan.
Robert O. Riiska, CTP, has joined SierraConstellation Partners in Los Angeles as a managing director, and Webster Stickney and Josh Caldwell have joined the firm’s Houston office as a managing director and senior financial analyst, respectively. Riiska has more than 27 years of turnaround and crisis management experience, and Stickney has served as CEO, COO, or CFO for privately owned companies in diverse industries, providing management and advice on finance, business restructuring, turnarounds, bank debt negotiation, treasury, risk management, and complex sales transactions. Caldwell is experienced in operational and financial analysis, including financial modeling, forecasting, and cash-flow restructuring.
TMA Global CEO Scott Y. Stuart, Esq., will be honored with the New York Institute of Credit’s Trustee Award during a ceremony at the Grand Hyatt in New York on June 10. The award will be presented by 2019 TMA Global President Jeffrey C. Hampton, Esq., of Saul Ewing Arnstein & Lehr, and Sydney Darling of Walsh Pizzi O’Reilly Falanga. Others will be honored during NYIC’s annual banquet with the Conrad B. Duberstein Memorial Award, the Leadership in Credit Education Award, and the Founders Recognition Award.
Tiger Group and Liquidity Services Inc. have launched a partnership focused on disposition of assets from distressed organizations in the biopharmaceutical manufacturing industry. The agreement allows personnel from both companies to form collaborative teams to leverage a range of sector-specific services, including buyer screening, export control, and compliance with regulations surrounding asset inspection, handling, and removal. The partnership can dispose of biopharma assets through online auctions, consignment sales, or direct negotiations with global buyers, and can also purchase assets outright in principal deals.
James Van Horn has joined Barnes & Thornburg as a partner in the firm’s Finance, Insolvency and Restructuring Department in Washington, D.C. He works with senior management, investors, creditors, and other stakeholders in matters ranging from out-of-court workouts and prepackaged and prearranged Chapter 11 reorganizations to cramdown plans of reorganization and sales of substantially all assets. Van Horn previously was a partner at McGuireWoods. He holds an MBA in finance from the University of Pittsburgh Joseph M. Katz Graduate School of Business, a law degree from the University of Pittsburgh School of Law, and a bachelor’s degree from Pennsylvania State University. He also is a CPA, a CIRA, and a CVA.