TMA Case Study Luncheon Series Session 3

  • 03/14/2017
  • 11:45 AM - 1:00 PM
  • The University Club; 111 Lyon St. NW; Grand Rapids, MI 49503

Registration

  • Available for TMA NextGen Members Only. (Must be a registered member and 35 or under.)
  • This system will only allow members of TMA West Michigan to register at this rate, however we do offer reciprocal pricing for other chapters. If you are a member of another chapter, please notify our office at assocmgr@tmawm.com and we will override the system on your behalf.

Registration is closed


Join TMA West Michigan for the 2nd Annual Case Study Luncheon Series: “Sinking Ship LLC”, A Receivership Tale. Focusing on a single fictitious turnaround scenario, panelists and moderators will beguile you with the tale of this company's experience over the course of 3 sessions. 

CLICK HERE TO VIEW THE FACT PATTERN FOR THE CASE OF SINKING SHIP LLC

March 14, 2017 Session 3: 
Salvaging the Wreckage- Bankruptcy

Where: The University Club
111 Lyon St NW
Grand Rapids, MI 49503
Time: 11:45 AM - 1:00 PM

Discussion Topics to Include: 

  • Who can file for bankruptcy? Can a receiver file?  Does this require permission from the debtor members?
  • What is the bank's recourse and options when the debtor files for bankruptcy?
  • What happens in the scenario that a bank strongly objects to a debtor remaining in possession of the assets and company? Are there other options available?
  • Detail the appointment of a trustee.
  • Detail a motion to be excused from turnover of property.

Moderator: Ben White (White Law Firm)
Panelists: David Bevins (Rhoades McKee), John Jansen (Conway MacKenzie), Michael McElwee (Varnum) and Karl Norton (Comerica Bank)

Additional dates to follow:
April 18, 2017 A Real Life Turnaround Success Story

Cost:
TMA Member | $25
Non Member | $40
NextGen | $15

Who should attend: Turnaround professionals including: turnaround specialists, CTAs, CPAs, attorneys, economists, bankers, loan officers, accountants and other professionals working in insolvency. Business community-members-at-large including: executives, management, owners, operators and board members. 

Not a member? Click here to join!

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 85 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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