Did you know
Bodman PLC offers a #covidー19 response team to help you navigate the many legal/business issues you may be experiencing? Click here for content surrounding topics such as: automotive, banking, bankruptcy, debtor-creditor rights, CARES Act, workplace law, insurance, etc.

Thanks to Bodman PLC for their continued support of TMA West Michigan!


Thanks to Hilco Industrial for their continued support of TMA West Michigan!


Thanks to Keller & Almaasian, PLC for their continued support of TMA West Michigan!


Ritchie Bros. now offers a free Market Trend Report! Sign-up today to receive one email a month and stay in the know for your turnaround clients! 
Thanks to Ritchie Bros. for their continued support of TMA West Michigan!


Thanks to Miedema Asset Management Group for their continued support of TMA West Michigan!


Thanks to Amicus Management for their continued support of TMA West Michigan!


BlueWater Partners
 helps healthy, underperforming and distressed businesses build enterprise value, preserve assets, stop cash burn, increase cash flow/profitability, satisfy obligations, and maximize exit value. Our proven process considers both financial and operational restructuring. We understand the stress as well as the value of consistent communication, conflict resolution and the alignment of interests among stakeholders including secured and unsecured creditors, shareholders, employees, customers and communities.

Please reach out to Ron Miller today if you have any questions or wish to discuss your business’ specific situation.
Thanks to BlueWater Partners for their continued support of TMA West Michigan!


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


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 Baker, Lisa 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 Huron, about 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!

Turnaround Management Association

The Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 8,300 members in 55 chapters, including 32 in North America and 23 around the global. TMA’s mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development, and enhance the image of TMA members. Click here for more information.


West Michigan Chapter

TMA WM is an independent chapter of TMA Global (an international association). Our group is composed of over 80 members in the region. We regularly host networking meetings and educational events, promoting career development in the field of turnaround management.

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