LIMITED Early Bird Registration Fees at the European Conference

We are now open to take bookings for the European Conference. TMA Europe is offering a LIMITED amount of Early Bird registrations. These discounted fees will expire on or before 29 March 2013. Benefit from the £100 discount and book now.

Programme

Sponsorship

sponsorship opportunities available. 

2013 Distressed Investing Event in London

"Excellent speakers, great use of time". This is just one of the comments following the 2012 Distressed Investing Event. So reserve the date, September 19 for this year's event hosted by Freshfields Brukhaus Deringer in London 4 p.m. to 9 p.m.

Industry experts from across Europe will share their experiences in finding value and creating value from distressed opportunity. For more details of speakers and sponsorship opportunity visit tma-europe.org.

TMA Europe Awards Submission

The TMA Europe Awards are an opportunity for members of the Turnaround community to put forward their greatest achievements.

We know that an Awards submission can be a onerous task so this year we have simplified the Awards Submission Form and have provided a Submissions Guideline to help you as well.

One of last year's winners, Adrian Doble at FRP Advisory said " To be involved in the first ever award was very special.  FRP Advisory is delighted that three of its team were voted winner of the Small Company Turnaround Award.  The TMA is very special to this firm and to be a part of its European expansion has been a pleasure.  The team of three worked in four jurisdictions to turn around a complex situation and create value not only for shareholders and banks but for hundreds of employees as well."

All submissions must be emailed to Mandy Caruana and the deadline is Friday 19 April, 5 p.m. CET.

2013 TMA Europe Director

I am delighted to have been asked to become TMA Europe's President for 2013. 2013 is set to be an exciting year for TMA Europe as well the world of restructuring in Europe.

It's worth remembering that TMA is the only international organisation of some 10,000 members representative of the corporate recovery and Turnaround market operating in the Europe. It is the aim of TMA to be representative of all Stakeholders in the Turnaround industry, from interim managers to insolvency practitioners, Accountants, the clearing banks, asset based lenders, private equity firms and credit insurers, recruitment agencies and the Trade Unions, works counsel to name but a few. 

Bryan Green 

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Turnaround Capital Forum at TMA Distressed Investing Conference

Meet with 50 potential deal partners with a combined $5 billion in available capital during the Turnaround Capital Forum and Cocktail Reception Presented by TMA and PitchBook. Co-sponsored by Greenberg Traurig and Hahn & Hessen LLP, the Capital Forum is a can't-miss opportunity to make connections with private equity and hedge fund firms, debt investors, lenders, investment bankers, consultants, workout officers, brokers, and more, all in one place. Plus, projected attendance is well ahead of last year's pace and that means even greater networking opportunities throughout the conference.

We need to shout louder about turnaround 

TMA UK preview of 2013 

The year got off with a flourish for the TMA's UK chapter with its annual review/preview event, which looked back at the last twelve months in an attempt to forecast what will happen in the coming year.  

Significantly, the unanimous conclusion of the 100-odd audience at the London event on 9 January was the turnaround community has a good tale to tell but is not getting its message through. New TMA UK president Chris Hart of Lloyds TSB Commercial Financial agreed with the meeting that this should be a key part of his year at the helm.  

John Willcock, editor of Global Turnaround Magazine, chaired the panel which consisted of an economist, Dr John Ashcroft; an investment banker, Tavis Cannell of Goldman Sachs; a lawyer, Bryon Nurse of Eversheds; and a restructuring adviser, Matthew Quade of Duff & Phelps, whose firm hosted the event.  

Other conclusions included; turnaround practitioners will be busier this year, as the banks will sell a lot more loan portfolios to funds. While the same lenders will become increasingly frustrated with 'zombie' companies, overall insolvency appointments will remain low, despite a flurry in the retail sector.  

Also, the UK Government's Finance for Lending (FLS) initiative is prompting banks to restart financing businesses, while new 'slotting' regulations may force lenders to group all low-quality real estate loans together, thereby making nearly half of them potentially un-refinanceable.  

Submit articles for consideration for the next TMA Europe Newsletter to Mandy Caruana by Monday 13 February 2013. Suggested topics include TMA Europe events, activities, announcements.