News Releases

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Jun 25, 2008

Turnaround Pros Expect Debt Default Rates to Increase to Near-Recession Levels

Results of 2008 TMA Trend Watch Credit Poll

May 27, 2008

Turnaround Management Association Names First Inductees into Industry Hall of Fame

The Turnaround Management Association (TMA) is pleased to announce the inaugural class of inductees into the TMA-sponsored Turnaround, Restructuring and Distressed Investing Industry Hall of Fame.

May 23, 2008

TMA Webinar May 29 Reveals How to Find Hidden Value in Distressed Assets

"Blood from a Stone: Hidden Value in Distressed Assets" -- Another in the TMA Webinar series sponsored by the Turnaround Management Association

May 13, 2008

What's the credit landscape like today? Tell us what you think in the TMA Trend Watch poll.

Are debt defaults due to rise? Are hedge funds and private equity as significant a source of funding for distressed companies as a year ago? How tight is credit now? Let us know your views.

Apr 15, 2008

April 17 TMA Webinar focuses on distressed retail

Restructuring professionals who focus on retail business share the inside story on why there’s a "Sale on Everything: The Changing Nature of Distressed Retail," part of the TMA Webinar series sponsored by the Turnaround Management Association.

Mar 13, 2008

TMA Seeks Most Successful Turnarounds and Transactions of the Year for Annual Awards; Deadline May 5

TMA is currently accepting entries for 2008 awards, with a deadline of May 5 for electronic submissions for turnarounds and transactions completed between July 1, 2007 and May 1, 2008.

Feb 28, 2008

Turnaround Experts Descend on Orlando March 27-29 for "The Reckoning"

Highlights of upcoming 2008 TMA Spring Conference

Feb 21, 2008

Cash Prizes To Go to Best MBA Papers in Carl Marks Papers Competition

May 30 is the entry deadline for the Carl Marks Student Paper Competition administered by the Turnaround Management Association (TMA) to recognize outstanding student achievement in the field of corporate renewal.

Feb 15, 2008

Peter Tourtellot, CTP, to Head Certification Oversight Committee

Peter Tourtellot, CTP, principal in the Greensboro, N.C., turnaround firm of Anderson Bauman Tourtellot Vos & Co, has been elected President of the Certification Oversight Committee (COC) for the Turnaround Management Association (TMA).

Feb 12, 2008

Turnaround Management Association Launches Industry Hall of Fame

The Turnaround Management Association is soliciting nominations for the Turnaround, Restructuring and Distressed Investing Industry Hall of Fame, established in 2008 in honor of TMA’s 20th anniversary as the premier professional community dedicated to corporate renewal and turnaround management.

Jan 29, 2008

$5,000 Cash Prizes for Outstanding Teachers from the Turnaround Management Association; May 1 Deadline for Entries

Butler-Cooley Excellence in Teaching Call for 2008 Entries

Jan 29, 2008

Tony Bergen and Kate Lepak Chosen for Outstanding Contribution Award from Turnaround Management Association

Anthony M. Bergen, CTP, and Kathleen Z. Lepak have been selected as Outstanding Individual Contribution award recipients from among the 8,000 members in 43 Turnaround Management Association (TMA) chapters worldwide

Jan 29, 2008

Florida and Southern California TMA Chapters Earn Top Honors

The Florida and the Southern California Turnaround Management Association chapters will receive awards for exceptional achievement at the TMA 2008 Spring Conference , March 27-29 , at the Ritz Carlton Grande Lakes, Orlando, Fla.

Jan 3, 2008

2008 TMA Leaders Take Office

The 2008 officers for the Turnaround Management Association (TMA), the premier professional community dedicated to corporate renewal and turnaround management, have begun their one-year terms.

Dec 27, 2007

Turnaround Pros See Housing Crisis Lasting Through 2008: Homebuilding and Mortgage Lending Industries Likely To Face Most Trouble

Results of the 2007 TMA Trend Watch Poll on Distressed Industries

Dec 13, 2007

Las Vegas Conference Links Restructuring Pros with Dealmakers

Turnaround consultants and financial advisors expect busier days ahead, according to three out of four respondents to a fall Turnaround Management Association (TMA) poll. So, it's only natural that TMA’s January 2008 conference would be planned to link restructuring professionals with dealmakers in the distressed investing arena.

Oct 17, 2007

TMA poll shows steady growth for turnaround pros in the months ahead

The latest Trend Watch poll indicates turnaround consultants and financial advisors expect busier days ahead as the lid on credit tightens and troubled companies find they can no longer paper over deep operational problems

Oct 16, 2007

Dick McMahon Receives 2007 Chairman's Award

Richard M. McMahon, executive vice president of Wells Fargo Business Credit in Boston, will be given the prestigious Chairman’s Award at the Turnaround Management Association (TMA) Annual Convention Friday night, October 17, at the Boston Marriott Copley Place

Sep 20, 2007

Revolution and Evolution: Rapid Change in Corporate Renewal Industry Is Theme for Oct. 16-19 TMA Convention in Boston

Overview of TMA Annual Convention

Sep 20, 2007

2007 TMA Award Winners To Be Recognized for Successful Corporate Turnarounds

Companies that we rely on to fill our grocery carts, put foam in our mattresses, build components of the aircraft we fly on, construct huge steel buildings large enough to store jet planes, make the metal on our cars shiny, and package our potato chips might not exist today if not for the efforts of the 2007 Turnaround Award winners. The Turnaround Management Association (TMA) will recognize 10 corporate renewal professionals selected for 2007 Turnaround of the Year awards on October 18 at the TMA Annual Convention at the Boston Marriott Copley Place, Boston, Mass.

Sep 20, 2007

2007 TMA Transaction Award Winners To Be Recognized Oct. 19 at Boston Convention

The accomplishments of the two 2007 Transaction of the Year Award winners are a study in contrasts. On one hand is a complex transaction forged among those with disparate interests in Nevada’s largest bankruptcy case in history. The other involves protecting the retirement and net worth of 200 employees in a failing cheese company in a small Wisconsin town.

Sep 6, 2007

How's Business? Take the TMA Trend Watch poll and be part of research on the corporate renewal industry

If you are a corporate renewal consultant, practitioner, financial advisor, or interim manager, please let us know the state of your practice in 2007 in our most important annual Trend Watch poll. We will share our results with Kennedy Information Inc., who is preparing a report of the turnaround industry.

Aug 28, 2007

Three Teachers Who Have Turned Around Students’ Lives Named 2007 Butler-Cooley Excellence in Teaching Award Winners

TMA Announces Butler-Cooley Excellence in Teaching Award Winners

Aug 23, 2007

Outstanding Corporate Renewal Accomplishments Honored with 2007 Turnaround and Transaction Awards

Turnaround Management Association (TMA), the only international non-profit association dedicated to corporate renewal and turnaround management, has selected its 2007 Turnaround of the Year and Transaction of the Year award recipients. Winners will be honored at the Annual Convention, October 16-19, at the Boston Marriott Copley Place, Boston, Mass.

Aug 14, 2007

Wharton, Columbia, and U. of Chicago Students Win Carl Marks Student Paper Competition

The Turnaround Management Association (TMA) announces the winners of the 2007 Carl Marks Student Paper Competition to recognize outstanding student achievement in the field of corporate renewal