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THINK! SPONSORSHIP TMA NYC invites your firm to become a 2025 TMA NYC Annual Sponsor. Our goal is to provide our Annual Sponsors a broad promotional platform to showcase their firm as a premier turnaround management service provider. We ask you to review and consider our 2025 Sponsor Prospectus linked below and to commit to…

We’re excited to announce the incoming TMA NYC board of directors, taking office on January 1, 2025! This talented group of turnaround and restructuring professionals brings invaluable expertise and fresh perspectives to our chapter. With a shared commitment to fostering growth, collaboration, and innovation, they’ll lead us in advancing TMA NYC’s mission and delivering value…

In this 7th edition of TMA NYC’s semi-annual newsletter, The Turnaround Report, produced by the Marketing & Communications Committee of TMA NYC, we continue to provide a platform for TMA members and our colleagues to share their personal achievements, educational and newsworthy content, and gain valuable visibility in the restructuring community. 2024 has been an exceptionally busy…

Sears Roebuck (“Sears”) and Mall of America (“MOAC”) have been fighting for years regarding the impact of Sears’ chapter 11 bankruptcy proceedings on MOAC’s pre-chapter 11 lease with Sears (the “Lease”).  The District Court for the Southern District of New York recently held that the Lease was not a true lease subject to assumption and…

Last week, the TMA NYC Academic Relations Committee made two presentations to students of local schools about careers in the restructuring and turnaround industry. On Wednesday October 16, we presented to students at Fordham Law School on law related careers. The presentation was followed by a mock restructuring case study where committee members acted as…

Blank Rome’s Finance, Restructuring, and Bankruptcy Practice Group Recognized by The M&A Advisor’s 18th Annual Turnaround Awards. Blank Rome’s Finance, Restructuring, and Bankruptcy practice group was awarded four Turnaround Awards by The M&A Advisor. The Annual Turnaround Awards honor the “leading distressed M&A transactions, restructuring, refinancing, products and services, firms, and dealmakers.”  In the Sector…

ToneyKorf Partners team of healthcare Turnaround & Restructuring specialists joins Accordion. Accordion has enhanced its healthcare restructuring offering with the addition of practitioners from ToneyKorf Partners, a healthcare-focused turnaround and restructuring management and advisory firm. Accordion has deep experience helping healthcare CFOs drive value creation through levers including cash flow forecasting, liquidity management, performance visibility,…

BDO Consulting Group’s Michele Michaelis has been recognized as an Exceptional Expert in Financier Worldwide Magazine’s 2024 Power Players report on Restructuring & Insolvency. BDO Consulting Group Welcomes New Managing Director.  BDO is pleased to announce Managing Director, Jonathan Mahan, has joined the Turnaround and Restructuring team in the New York office. BDO Consulting Group’s…

Pashman Stein Walder Hayden P.C. Expands its Bankruptcy Practice Group with the Addition of David Stratton and Leah Eisenberg.  Pashman Stein Walder Hayden P.C. continues the strategic growth of its bankruptcy practice group with the addition of Chambers-ranked David B. Stratton, who joined as Special Counsel in June, and Leah M. Eisenberg, who joined as…

On June 11th, the Hon. Noel Hillman (ret.), Chair of the Gibbons Alternative Dispute Resolution Group, served on a panel in London titled, “The Alternative Dispute Resolution Revolution: Bridging Borders Through Cooperation & Collaboration.” The panel was moderated by Gibbons Director Katharina (Noack) Earle, a member of the firm’s Financial Restructuring & Creditors’ Rights Group…