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A World of Opportunity

From Crisis to Clarity

This edition of the JCR is about issues that affect our global economy with a focus on international content. Beyond that, however, it is a reminder of the global presence and power of the TMA brand throughout the world, with our international reach growing every day.

This past year, our international footprint grew, and those who have found TMA have begun to see its value and global connectivity at work in defining ways. We launched new chapters in France, Switzerland, Turkey, and Nigeria. TMA saw its Southern Africa Chapter grow by record numbers. And our conditional chapters in Mexico and Chile are on the precipice of growth and exciting new opportunities.

The European Association of Turnaround Professionals (EACTP) relaunched its certification offerings, modeled after the CTA and CTP program in the United States. This effort, led by proud and engaged TMA leaders, began in earnest in 2019 with a cooperation agreement with Leiden University in the Netherlands, culminating with a celebratory launch of an online CTA program, among other stellar opportunities.

A testament to the power of our international brand, EACTPs were sought out for their skills and knowledge for several government-related opportunities that arose in the EU and England. This is how our organization in motion creates opportunities for our members with our international presence and global support behind it all the way.

TMA Australia, our largest international chapter, was recently awarded a grant from TMA Global’s research and education fund to support the creation of education tracts for the turnaround professionals of that country. This distinction sets them apart from others in the space, further empowering their professionals through TMA.

Likewise, networking across the pond and around the world has taken on new meaning. In one of the many great learnings in our pivot with purpose during the pandemic year, technology proved to be TMA’s greatest ally. In several TMA firsts, the UK and Chicago interacted face-to-face via Zoom for a networking hour. Similarly, UK and Toronto members held a virtual meet and greet, as did New York City, UK, and France.

Nigeria, TMA’s newest chapter, recently welcomed TMA UK President Paul Davies to speak during a virtual event to the value of being part of TMA, and former TMA Romania President Vlad Nastase highlighted the ease of reach and the desire to connect throughout the world through TMA.

Professionals in Philadelphia have connected with members in Germany on cross-border cases, and when one firm required an expanded presence in South America, they used the TMA network, reached out to TMA Brazil for introductions, and were welcomed with open arms to a gateway of opportunity.

TMA’s international presence is prominent and stronger than it has ever been. With accessibility to international content via the TMA Learning Link to being able to participate in virtual international programs like TMA Europe’s cryptocurrency discussion or Germany’s TMA NOW program on “A (Case Study) Through the Netherlands, France and Germany,” TMA is creating connection and opportunity in new and meaningful ways.

We are an international presence, an international force, and the organization that continues to define itself by supporting a community of restructuring professionals around the globe. As our international footprint grows wider and the value of TMA membership becomes ever more profound, avail yourself of the world of opportunities that continues to shape TMA Tomorrow.

Scott Stuart

Scott Y. Stuart, Esq.
TMA Global CEO

Scott Y. Stuart, Esq.

Scott Y. Stuart, Esq.

TMA Global CEO

Scott Y. Stuart, Esq., is the Chief Executive Officer of Turnaround Management Association, a professional community of 10,000 members that seeks to strengthen the global economy by working save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls. He brings nearly 30 years of experience in the restructuring, legal, and distressed investment sectors and has a proven track record of building, growing, and leading successful companies, from corporations to startups.

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