Welcome To
The West Michigan Chapter
Facebook Twitter LinkedIn Email Share

TMA WM News


Thanks to KeyBank for their continued support of TMA West Michigan! 
 


Thanks to Dickinson Wright for their continued support of TMA West Michigan!


Thanks to Horizon Bank for their continued support of TMA West Michigan!


Thanks to
 
Varnum LLP for their continued support of TMA West Michigan! Check out their  Cornovirus Task Force Page for resources during this time!

 

 
Interested in things like "Navigating PPP Loan Forgiveness" or "Back to Business: Manufacturing Industry Series"? 
Rehmann is focused on providing practical guidance and insights to help empower organizations and individuals as we navigate through times of uncertainty and complexity together. Find resources and guidance below at their COVID-19 Knowledge Center!

Thanks to Rehmann for their continued support of TMA West Michigan!


Does your insurance cover business losses due to Covid-19? Rhoades McKee PC is here to help answer your questions surrounding this and other important topics. Our firm has created a COVID 19 Response Team Website Page containing blog posts on timely topics such as this. Don't hesitate to reach out today!

Thanks to Rhoades McKee for their continued support of TMA West Michigan!

 

If there was ever a time to lean on one another, it’s now. Your friends at Plunkett Cooney have remained 100% operational during this difficult time to assist with ongoing matters and to keep you informed about COVID-19 issues. We invite you to visit our online COVID-19 Resources Center to learn more.

Feel free to contact us with any questions or to retain our law firm for specific assignments. If you need assistance in our four states of operation – Michigan, Illinois, Indiana and Ohio – please contact attorneys Kelli BakerLisa Hall or David Lerner. Please stay healthy and safe!

Thanks to Plunkett Cooney for their continued support of TMA West Michigan!

 


 

Throughout this current economic crisis, GLBC remains active in the marketplace, proactively assisting referral sources, our clients and prospects with EIDL and PPP loan support as well as solving liquidity needs. Click here to view Great Lakes Business Credit's General Lending Parameters.  As we continue to operate with a sense of urgency, we remain nimble, closing transactions on a weekly basis. Through to the end and together, we will prevail.

Interested in what Charlie Munger (Warren Buffett's right hand man) has to say? Click here.

Thanks to Great Lakes Business Credit for their continued support of TMA West Michigan!
 

 

In the current tumultuous and uncertain economic conditions, the potential for workout and foreclosure becomes all too real. Through foreclosure, lenders often turn into the owners of that property.  Most (but not all) banks will perform environmental due diligence (EDD) ( i.e., Phase l ESA) on the front end of the loan as part of the underwriting process.  EDD becomes of even greater importance in foreclosure because then the bank, as the owner, can be held as the liable party and be disqualified for state and federal liability protections. Working with lenders and their advisors and executing proper and complete EDD in the foreclosure or purchasing process goes a long way toward minimizing environmental risk.  Contact BLDI today to assist you with proper environmental due diligence.    

Website:  https://bldi.com/

Thanks to BLDI for their continued support of TMA West Michigan!

 



Did you know that the Coronavirus Aid, Relief and Economic Security Act (CARES Act) temporarily modified provisions in the Bankruptcy Code? Details include: a temporary expansion of the debt limitations under the new Subchapter V small business Chapter 11; filing and plan payment relief to Chapter 7 and 13 debtors. These provisions all have a sunset provision of one year from enactment. Click here to read the full article.

Thanks to Warner Norcross + Judd for their continued support of TMA West Michigan!

 

During a time of uncertainty, companies can get ahead of disruption and prepare for the future. Learn more from Laura Marcero, CPA, CIRA, Managing Director at Huronabout how to position your organization for recovery and growth after Covid-19. Click here to read the full artcile.

Thanks to Huron Consulting Group for thier continued support of TMA West Michigan!


Interested in how to sustain your business or assist your clients over the next 30 days? Visit https://vimeo.com/402715356/b0c03f12fd to hear David Nemes and Ben Borisch (of DWH), as well as Kelly Plawinski and Chad Salsbery (of Adamy Valuation) discuss the development of a 13-week cash flow model, how to conserve cash and steps you can take for approaching your bank. Be proactive as you prepare for potential insurance claims or other forms of economic recovery!

Thanks to DWH for their continued support of TMA West Michigan!

 



Interested in COVID-19 and available small business relief? Visit https://youtu.be/iQl-c35HC94 to watch Erik Daly present on the topic!

Thanks to Miller Johnson for their continued support of TMA West Michigan!

 

Jul
8

TMA Town Hall: Best Practices for Directors & Officers in an Economic Downturn

,
Jul
22

TMA Town Hall: Automotive Manufacturing Distress Sponsored by AlixPartners

,
Jul
29

TMA NextGen: Building Your Brand and Business Relationships Right Now

,
Aug
6

2020 TMA NOW Cyber Social

, United States

What typical challenges face directors and officers of insolvent companies? Find out on this week's TMA Town Hall "… https://t.co/gSzU1Vfy45

Wishing everyone a safe and happy 4th of July! https://t.co/RBeU6h39TK

Wishing our friends a wonderful #CanadaDay! #BetterTogether #TMAProud @TmaToronto https://t.co/GzmXFAN5XZ

The TMA Network of Women (TMA NOW) is the premier business development and networking group for women in the turnar… https://t.co/lz6WJ9EoTo

Last chance to register for today's Town Hall "Distressed Investing Challenges and Opportunities" at 2:15pm EDT. Ou… https://t.co/pQRcGIFxIU