TMA West Michigan NEXTGEN Case Study Session 3 Discussion

  • 03/09/2017
  • 7:45 AM - 8:45 AM
  • Warner Norcross & Judd PLC: 111 Lyon St NW #900, Grand Rapids, MI 49503

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Calling all Turnaround Management Association of West Michigan NextGeners!

Join us for breakfast and networking in a relaxed environment that encourages young professionals to ask questions and receive clarification surrounding the current Case Study Series! Feel prepared as you enter the regular session on March 14. 

This breakfast will focus on Session 3 of "Sinking Ship LLC", A Receivership Tale. Named Salvaging the Wreckage, the ins and outs of Bankruptcy will be discussed.

Who should attend:
If you have roughly 8 years or less of experience in the turnaround industry (including: bankers, lawyers, accountants, insurance professionals, valuation experts, liquidation and other insolvency professionals (the list is NOT exclusive), please join us!

Date: Monday, March 9, 2017

Time:
7:45-8:45 AM
111 Lyons St NW #900
Grand Rapids, MI 49503

Cost: 
FREE  

“Sinking Ship LLC”, A Receivership Tale Case Study Details.

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. 

January 10, 2017 Session 1
February 14, 2017 Session 2 
March 14, 2017 Session 3
April 18, 2017 A Real Life Turnaround Success Story

Read to the tune of the Gilligan’s Island Theme Song:
Just sit right back
And you’ll hear a tale
A tale of a Receivership
That started when the market sunk
For this family biz

The state was one of concern and angst
The next steps were unsure
They asked the bankers to come in
For a three hour tour
A three hour tour

The discussions started getting hot
The forbearance plan was tossed
“Get this fixed right now!” they barked
Or the funding will be lost
The funding will be lost

More problems started to surface
And stumped the CRO
High overhead, Embezzlement too.
Environmental concerns
And family strife.
The details are
Available for you to see
In the Bankruptcy File.


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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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