2011 tma distressed investing · 2/2011 tma distressed investing conference january 26-28 • aria...

January 26-28Aria Resort • Las Vegas, Nevada

2011 TMA Distressed InvestingConference

Register today at turnaround.org.

Turnaround Capital Forum and Cocktail Reception

January 27

2/2011 TMA Distressed Investing ConferenceJanuary 26-28 • Aria Resort • Las Vegas, Nevada

About the Turnaround Management AssociationTurnaround Management Association (TMA) is the premier professional community dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, more than 9,000 TMA members in 47 regional chapters comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants, as well as academic, government and judicial employees.

TMA members adhere to a code of ethics specifying high standards of professionalism, integrity and competence. The Certified Turnaround Professional (CTP) accreditation program recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal.

Visit turnaround.org to find TMA on LinkedIn, Facebook and read the TMA blog, Turn the Page.

Who Should AttendThe conference is a must-attend event for all professionals interested in distressed investing, including:

• Hedge fund managers • Private equity groups• Intermediaries • CLO managers • Distressed debt purchasers • Investment bankers • Bank loan sale professionals • Senior lenders • Workout lenders • Second lien lenders • Restructuring professionals • Attorneys • High yield investors

More Capital. More Opportunity.Turnaround Capital Forum Delivers What You Want

An enhanced Turnaround Capital Forum and Cocktail Reception returns to the 2011 TMA Distressed Investing Conference with an expanded two-and-a-half-hour format and new day. Now held from

4:30 – 7:00 p.m. on Thursday, January 27, you’ll have even more opportunities to meet with private equity and other capital providing firms.Based on feedback from last year’s event, TMA delivers what you asked for — more time with hedge fund firms, debt investors, lenders, investment bankers, consultants, workout officers, brokers, private equity firms and more. This allows more opportunities to make the connections you need to complete deals for you and your clients. And with the Turnaround Capital Forum moving to Thursday night, it’s even easier for you to attend and make the most out of the event.Confirmed participants as of January 4:

Networking and Business OpportunitiesIn addition to meeting with capital providers, many other valuable networking opportunities are offered throughout the conference. Whether meeting new business partners at receptions or visiting with colleagues during coffee breaks or meals, there is no shortage of opportunities that may lead to your next deal.

NEW! Cocktail Reception Co-hosted by TMA and CFATMA is co-hosting a cocktail reception with the Commercial Finance Association (CFA) on the opening night of the conference, Wednesday, January 26, from 5:15 – 7:15 p.m. Take advantage of this great opportunity to meet with your peers and add to your business contacts on the eve of the conference.

Important Deadlines January 4

Discounted hotel reservations deadline

January 14Inclusion in the registration list cut-off

January 14 Last day to pre-register ($100 onsite registration surcharge)

Comprehensive EducationLearn more about TMAccess offerings such as webinars, e-learning, publications and national, regional and local events at turnaround.org.

Contact Joseph Karel at 312-578-2028 or [email protected] to reserve a table.

AS Capital Partners, Inc.Black Eagle PartnersBlue Wolf Capital Partners, LLCBraddock Capital ManagementCarVal InvestorsThe Comvest GroupDiamond Equity PartnersFirstCity Crestone, LLCGrey Mountain PartnersGryphon InvestorsGuranty SolutionsInsight Equity

LBC Credit Partners, Inc.Longroad Asset ManagementMarlin Equity PartnersProphet EquityRenovo CapitalResilience Capital PartnersSentinel Capital PartnersSuperior Capital Partners LLCTower Three PartnersVersa Capital ManagementWynnchurch Capital


2011 TMA Distressed Investing Conference/3January 26-28 • Aria Resort • Las Vegas, Nevada

AgendaWednesday, January 2610:00 a.m. – noon TMA Executive Board Meetingnoon – 1:00 p.m. Lunch – TMA Executive Board, Board of Trustees,

Certification Oversight Committee and Chapter Presidents

1:00 p.m. – 3:00 p.m. TMA Chapter President Orientation3:00 p.m. – 5:00 p.m. TMA Certification Oversight Committee Meeting4:00 p.m. – 7:15 p.m. Registration Open5:15 p.m. – 7:15 p.m. Cocktail Reception Co-hosted by TMA and

Commercial Finance Association Co-sponsored by Blackbird Asset Services,

Crystal Financial LLC and LBC Credit Partners

Thursday, January 277:30 a.m. – 7:00 p.m. Registration Open7:30 a.m. – 8:00 a.m. TMA Board of Trustees Breakfast 8:00 a.m. – 9:00 a.m. TMA Board of Trustees Meeting8:00 a.m. – 9:00 a.m. Continental Breakfast Co-sponsored by Executive Sounding Board Associates, Inc.

and SSG Capital Advisors LLC9:00 a.m. – 10:00 a.m. Distressed Investments Against the Background

of the Dodd-Frank Act: Navigating Wall Street Reform

10:00 a.m. – 11:00 a.m. CMBS/REMIC: General Growth, Inn Keepers, Stytown and Beyond

11:00 a.m. – 11:30 a.m. Coffee Break Co-sponsored by CAR International, Ltd. and Industrial Auctioneers Association11:30 a.m. – 12:30 p.m. Keynote Speaker: James Grant of Grant’s Interest

Rate Observer Sponsored by AlixPartners12:30 p.m. – 1:15 p.m. Lunch Sponsored by AlixPartners1:15 p.m. – 4:15 p.m. Tma Chapter Administrator Orientation1:15 p.m. – 4:30 p.m. Advanced Case Study: The General Growth

Restructuring—Phase 24:30 p.m. – 7:00 p.m. Turnaround Capital Forum and Cocktail Reception Co-sponsored by Greenberg Traurig, LLP and Livingstone Partners

Friday, January 288:00 a.m. – 12:30 p.m. Registration Open8:00 a.m. – 8:45 a.m. Continental Breakfast 8:45 a.m. – 9:45 a.m. Rights Offerings: Practical and Strategic

Considerations9:45 a.m. – 10:45 a.m. Loan to Own Plays—The Good, the Bad and

the Ugly 10:45 a.m. – 11:15 a.m. Coffee Break Co-sponsored by BDO Consulting and Fennemore Craig, P.C. 11:15 a.m. – 12:15 p.m. Autos: Two Years Later 12:15 p.m. Conclusion

Schedule as of December 2. Visit turnaround.org for the most up-to-date schedule.Note: Private company events may not conflict with any scheduled activity of the TMA 2011 Distressed Investing Conference.

Frank A. Merola, Conference Chair Jefferies & Company, Inc.Keith J. Shapiro, Turnaround Capital Forum ChairGreenberg Traurig, LLP Brad Coulter, CTPO’Keefe & Associates Consulting LLCPaul E. HarnerPaul Hastings Janofsky & Walker LLPLarry H. LattigMesirow Financial Consulting LLCJohn J. RapisardiCadwalader Wickersham & Taft LLP Geoffrey RichardsWilliam Blair & Company Rachel C. Strickland Willkie Farr & Gallagher LLPEdward WeisfelnerBrown Rudnick LLP

2011 TMA Distressed Investing Conference Committee

Keynote SpeakerThursday, January 27, 11:30 a.m. – 12:30 p.m.James Grant

Founder of Grant’s Interest Rate Observer, James Grant is the author of five books on finance and financial history: Bernard M. Baruch: The Adventures of a Wall Street Legend (Simon & Schuster, 1983), Money of the Mind (Farrar, Straus & Giroux, 1992), Minding Mr. Market (Farrar, Straus & Giroux, 1993), The Trouble with Prosperity (Times Books, 1996) and

Mr. Market Miscalculates (Axios Press, 2008). He is also the author of a biography of the second president of the United States, John Adams: Party of One (Farrar, Straus & Giroux, 2005).

Grant’s television appearances include 60 Minutes, The News Hour with Jim Lehrer, CBS Evening News and a 10-year stint on Wall Street Week. His journalism has ap-peared in a variety of periodicals, including the Financial Times, The Wall Street Journal and Foreign Affairs, and he contributed an essay to the Sixth Edition of Graham and Dodd’s Security Analysis (McGraw-Hill, 2009). Grant also is a founding general partner of Nippon Partners, a hedge fund that invests in Japan.

A former Navy gunner’s mate, Grant is a Phi Beta Kappa alumnus of Indiana University. He earned a master’s degree in international relations from Columbia University and began his career in journalism in 1972 at the Baltimore Sun. He joined the staff of Barron’s in 1975 where he originated the Current Yield column.


The Dodd-Frank Wall Street Reform and Consumer Protection Act, the most profound restructuring of financial regulation since the Great Depression, will have a broad and lasting impact on the financial services industry generally and distressed investment practices in particular. This new regulatory framework imposes important (and labyrinthine) limitations on investors’ flexibility—but also presents op-portunities to those well-versed in the statute’s intricacies.

Advanced Case Study SessionThursday, January 27, 1:15 p.m. – 4:30 p.m.The General Growth Restructuring—Phase 2Moderator: Laura B. Resnikoff, Columbia University Panel: Ronen A. Bojmel, Miller Buckfire & Co. LLC; Gary T. Holtzer, Weil, Gotshal & Manges LLP; Cyrus Madon, Brookfield Asset Management; Edward R. Morrison, Columbia University

General Sessions

Edu

cati

on

al P

rog

ram

Attendees will learn how to:• Analyze key provisions of the Dodd-Frank Act• Identify “traps for the unwary,” including possible or

probable judicial approaches to fiduciary duty and related doctrines in the context of Wall Street reform

• Gauge the likely impact of the Dodd-Frank regulatory framework on investor behavior and strategies

• Determine the particular applicability of certain statutory provisions and regulations to hedge funds, private equity funds and distressed investors

• Assess the impact of Wall Street reform on trading in derivatives, MBS and other non-traditional investments

Thursday, January 27, 9:00 a.m. – 10:00 a.m.Distressed Investments Against the Background of the Dodd-Frank Act: Navigating Wall Street Reform Moderator: Paul E. Harner, Paul Hastings, Janofsky & Walker LLPPanel: Richard Levin, Cravath, Swaine & Moore LLP; David S. Kurtz, Lazard; Jeffrey Whyte, Jefferies & Company, Inc.; Brian Hermann, Paul, Weiss, Ritkind, Wharton of Garrison LLP

As he confirmed its plan of reorganization, Judge Gropper remarked on General Growth Properties’ (GGP) achieve-ments in Chapter 11: Creditors were being paid in full, equity holders were receiving a substantial return, and GGP was perhaps the first Chapter 11 debtor to relist on the NYSE prior to emergence from bankruptcy. These would be notable achievements in any Chapter 11 restructuring, but they were especially remarkable for a REIT in a punishing environment for real estate investors. Might GGP’s experience offer guidance to other debtors as we brace for the coming wave of commercial real estate restructurings?

This session will explore the structural, capital markets, and investor issues that surrounded GGP’s emergence from Chapter 11 with projected equity value 700 times greater than its year-end 2008 nadir. During the first hour of the session,

Columbia professors Resnikoff and Morrison will lay out the corporate history and restructuring innovations. After the introduction, the audience will engage with a panel of experts, each of whom participated directly in the restructuring. Attendees will be able to:• Understand how and why GGP and its professionals made a

series of innovative choices to deal with the REIT’s corporate and capital structures—separating the reorganization into two phases, engaging hundreds of subsidiary-level secured lenders during the first phase, and then restructuring parent-level debt and attracting deep-pocket equity investors during the second phase

• Assess whether GGP’s experience points to patterns we will continue to see in the coming wave of commercial real estate restructurings

Thursday, January 27, 10:00 a.m. – 11:00 a.m.CMBS/REMIC: General Growth, Inn Keepers, Stytown and BeyondModerator: Edward S. Weisfelner, Brown Rudnick LLPPanel: Ronen Bojmel, Miller Buckfire & Co LLC; Gregory Cross, Venable LLP; Anup Sathy, Kirkland & Ellis LLPLong-held assumptions concerning judicial interpretation of structured finance transactions in and out of Chapter 11 are being shattered by recent headline cases, and these recent developments present significant issues and opportunities for investors. These panelists have first-hand experience in watershed cases, and their unique perspectives promise for a lively, informative session.

Attendees will learn how to:• Position themselves as the fulcrum security in a REMIC-

driven restructuring• Determine what makes these recent cases so important• Identify the significant players• Recognize emerging trends



General Sessions

Friday, January 28, 11:15 a.m. – 12:15 p.m.Autos: Two Years LaterModerator: John J. Rapisardi, Cadwalader Wickersham & Taft LLPPanel: Matthew A. Feldman, Willkie Farr & Gallagher LLP; Don MacKenzie, CTP, Conway MacKenzie; Michael Richman, Patton Boggs LLP

Friday, January 28, 8:45 a.m. – 9:45 a.m. Rights Offerings: Practical and Strategic ConsiderationsModerator: Frank A. Merola, Jefferies & Company Inc.Panel: Nate Van Duzer, Fidelity Investments; Kristopher M. Hansen, Stroock & Stroock & Lavan LLP; Homer Parkhill, Rothschild Inc.; Michael Fixler, Variant Capital Advisors, LLC

Recently, the exit from Chapter 11 of many of the largest debtors have been expedited through rights offerings by which existing creditors purchase equity in the reorganized debtor on specified, negotiated terms. On one hand, a properly structured rights offering can allow a broad group of existing stakeholders to share the “upside” in the reorganized debtor. On the other hand, a rights offering can be used by a narrow group of stakeholders to capture the equity value of the debtor to the exclusion of the broader creditor group.

Attendees will learn how to:• Define a rights offering• Decide when it is appropriate to use a rights offering• Identify the considerations in deciding the scope of who

will participate in the rights offering• Recognize a back stop agreement and what elements

go into structuring it• Determine the economic terms of the rights offering• Analyze whether there is a need for a market test on the

terms of the rights offering.

Edu

cation

al Prog

ram

Friday, January 28, 9:45 a.m. – 10:45 a.m.Loan to Own Plays—The Good, the Bad and the UglyModerator: Rachel C. Strickland, Willkie Farr & Gallagher LLPPanel: C. J. Brown, Blackstone; Evan Gartenlaub, Senator Investment Group LLP; Mark Hootnick, Moelis & Co.; Lisa G. Laukitis, JonesDay; Soren Reynertson, GLC Advisors & Co. LLC

Panelists will explore strategic acquisition of pre-petition debt and doubling down with post-petition loans. Experts will explore equitable subordination, re-characterization, vote designation and other pitfalls, as well as credit bidding, debt for equity exchanges and other means of sealing the deal.

Attendees will be able to:• Understand typical loan to own strategies • Identify the key players involved and the nature of their roles • Identify and discuss crucial considerations involved in debt

acquisition and equity-ownership strategy• Recognize crucial missteps in recent loan to own situations• Understand and discuss how to avoid common pitfalls in

obtaining equity-ownership

In early 2009, the United States Treasury bailed out GM, Chrysler, GMAC, Chrysler Financial and Delphi. While the strategy was highly controversial, the results have been undeniably successful. Now, two years after GM and Chrysler stood on the precipice of calamity, Chrysler has stabilized, GM launched an IPO and GMAC and Chrysler Financial are starting over. This panel will examine the impact that the government’s restructuring plans had on the restructured companies, the economy, restructuring strategies and bankruptcy law.

Attendees will learn how to:• Consider the lessons learned in preparing a distressed

company for bankruptcy• Identify strategies in bankruptcy to prepare the company for

life after bankruptcy• Recognize creative uses of section 363 asset sales• Analyze the impact of these cases on bankruptcy law going

forward• Utilize best practices for newly-emerged companies to

maximize value for new equity holders


Co

nti

nu

ing

Ed

uca

tio

n C

red

it Educational sessions at the 2011 TMA

Distressed Investing Conference provide an

overview of topics relevant to the practice

of corporate renewal and corporate and financial

deal-making. There is no prerequisite or advance study

necessary to attend the conference or to qualify for

continuing education credit. The conference is a “group-

live” educational offering.

CPEAccountants may earn a maximum of 8.5 hours of CPE (based on a 50-minute hour) for conference attendance. The Turnaround Management Association

is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the

National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to The National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, Tennessee 37219-2417 or by visiting www.nasba.org.

Sign-in Sheets

In compliance with NASBA requirements for ac-credited providers of CPE, attendees seeking CPE credit must sign in and out of all educational sessions. Sign-in sheets will be at the door of each session and monitored by TMA staff. TMA will be unable to fulfill a certificate for attendance request if the hours of at-tendance indicated on the request form are inconsistent with the sign-in sheets. Request forms for certificates of attendance will be available at the TMA registra-tion desk and with the sign-in sheets. Submission of a completed request form is required before a certificate can be issued. Certificates will be issued following the conference.

CTPCertified Turnaround Professionals (CTP) may earn a maximum of 8.5 hours of credit (based on a 50-minute hour) for conference attendance. TMA will automatically update CTP records to reflect attendance at the conference.

CLEAttorneys may earn a maximum of 7.25 hours of credit (based on a 60-minute hour) or 8.7 hours of credit (based on a 50-minute hour) for conference attendance. Request forms for certificates of attendance will be available at the TMA registration desk. Submission of a completed form is required before a certificate can be issued. Certificates will be issued following the conference. The final calculation of available CLE hours is subject to the individual state bars’ determination of credits. Applications to individual state bars are pend-ing; updates are provided at turnaround.org.

Note: TMA is unable to provide a CLE or CPE certificate of

attendance until all conference registration fees are paid in full.



Gen

eral Info

rmatio

nRegistration FeesRegistration fees include educational sessions, meals, social functions and the Turnaround Capital Forum and Cocktail Reception. Events are not prorated. To attend any portion of the conference, you must register for the entire conference at the appropri-ate registration fee. The registration fee allows admission for one individual only. Registrations may not be shared. Each registered attendee will receive a name badge at the conference that must be worn for admittance into all events.

On or before January 14 Onsite

Member $1,195 $1,295

Non-member $1,395 $1,495

Academic/Government $600 $700

Pre-registration DeadlineOnly onsite registration will be accepted after Friday, January 14. TMA will not accept any registration forms or substitution notices in advance of the conference after this date. Onsite registration opens at the Aria Resort on Wednesday, January 26. Please note that a $100 surcharge will apply for registrations received after January 14.

Registration List Deadline/ Distribution PoliciesTo ensure your inclusion on the registration list that is distributed onsite, your registration form and payment must be received at TMA’s International Headquarters by 11:59 p.m. Central on Friday, January 14. Registered attendees will receive an

advance copy of this list via e-mail approximately one week prior to the conference. Following the conference, a final registration list will be e-mailed to all registered attendees. The final registration list will include the names of all conference attendees, including those individuals who registered after the January 14 deadline.

Cancellation PolicyNotification of cancellation must be submitted in writing (e-mail is acceptable). Cancellations will not be reviewed or processed until they are received in writing. Phone cancellation is not accepted. Cancellations received on or before Wednesday, January 12, will be refunded less a $150 processing fee. Refunds will be issued no later than February 28. Cancellations received after January 12, will not be refunded.

Please note that if you register for the conference after the cancellation deadline has passed, you will not be eligible for a refund should you need to cancel your registration. The cancellation policy applies to all registrants regardless of when the registration is submitted. Registrants who fail to attend the conference and do not notify TMA in accordance with these policies and deadlines are responsible for full payment. TMA does not issue credits for future conferences.

AttireRecommended attire for educational sessions and social functions is business casual.


Ari

a Re

sort

an

d R

eser

vati

on

s Aria Resort Reservations Reserve a room at the Aria Resort by calling 702-590-7757 or 866-359-7757. Mention “Turnaround Management Association” to receive the group discounted room rate of $159 per night, single or double occupancy. This rate is available through Tuesday, January 4. After this date, rooms at the discounted rate are subject to availability. TMA cannot guarantee that the room block or hotel will not sell out before January 4.

TMA requires that a conference registration form (including payment) be received within 10 business days of making a hotel reservation. TMA reserves the right to terminate the hotel reservation of any individual who does not comply.

The Aria Resort is located at 3730 Las Vegas Boulevard, Las Vegas, Nevada 89158. Learn more about the hotel at arialasvegas.com.

Experience Aria Resort Shop among the world’s most exclusive retailers. Dine on creations by world-renowned chefs. And abandon yourself to the exhilaration of the most unique casino in the city. From a luxurious spa where you can relax, to the extraordinary artistry of Cirque du Soleil, to the intoxicating energy of its nightlife, ARIA offers you a world of captivating experiences.



Co

nferen

ce Spo

nso

rsPlatinum Sponsor

Sponsorships and Turnaround Capital ForumIf you are interested in sponsorship opportunities or purchasing a table at the Turnaround Capital Forum and Cocktail Reception, please contact Joseph Karel at 312-578-2028 or [email protected].

Gold Sponsor

Event Sponsors

Additional SponsorsEvent sponsors provide financial support for TMA’s international conferences. In addition to those sponsors listed in the agenda, the following sponsors have also generously provided support for the 2011 TMA Distressed Investing Conference:

• CRG Partners (pocket agenda)

• Mesirow Financial Consulting, LLC (lanyards)

• Skadden, Arps, Slate, Meagher & Flom LLP (padfolio)

Sponsors listed on this page are as of December 2. Visit turnaround.org for the most up-to-date list.

Cyber Café TMA is pleased to

provide the cyber café,

where you can access

the Internet, check e-mail

and print boarding passes

and documents at one

of several computers.


Reg

istr

atio

n F

orm

2011 TMA Distressed Investing ConferenceJanuary 26-28 Aria Resort Las Vegas, Nevada

Online Registration Also AvailableRegister online at turnaround.org or complete this registration form. Pre-registration is available through Friday, January 14. After that date, you must register onsite in Las Vegas. Onsite registration opens Wednesday, January 26, and is subject to a $100 surcharge.

Aria Resort Hotel ReservationsReserve a room at the Aria Resort by calling 702-590-7757 or 866-359-7757. Mention “Turnaround Management Association” to receive the group discounted room rate of $159 per night, single or double occupancy. This rate is available through Tuesday, January 4. After this date, rooms at the discounted rate are subject to availability. TMA cannot guarantee that the room block or hotel will not sell out before January 4.Full Name ____________________________________________________________________________

Goes by/Nickname (for Badge) ____________________________________________________________

Company _____________________________________________________________________________

Address _______________________________________________________________________________

City, State, ZIP ________________________________________________________________________

Phone/Fax ____________________________________________________________________________

E-mail _______________________________________________________________________________

Registration Fees (Through January 14)

Member $ 1,195

Non-member $ 1,395

Full-time academic/Government employee $ 600

Payment Check enclosed (payable in U.S. funds to Turnaround Management Association)

Visa MasterCard American Express

Credit Card Number _______________________________________ Expiration Date ____________

Name on Credit Card (please print) ________________________________________________________

Signature _____________________________________________________________________________

Total Amount Paid $___________

Special Needs _____________________________________________________________________

______________________________________________________________________________________

Mail or fax your completed registration form to: Turnaround Management AssociationAttn: Conferences150 South Wacker Drive, Suite 900Chicago, IL 60606Fax: 312-578-8336

Questions: [email protected]

TMA staff use only

Date Rec’d:

Batch #:

Amt. Pd:

Conf #:

Date Ent:

Batch Date:

Check #:

Conf. Sent:



Co

rnersto

ne Pro

gram

Do

no

rs

Cornerstone Capital DonorsBank of America Business Capital Gordon Brothers Group, LLC Huron Consulting Group

Cornerstone DonorsCIT

Leadership DonorsAbacus Advisors Group LLCBBKDeloitte Financial Advisory Services LLPDrinkerBiddleGardnerCarton Realization Services, Inc.Skadden, Arps, Slate, Meagher & Flom LLP

Sustaining DonorsAnderson Bauman Tourtellot VosBank of America Commercial FinanceBuccino & Associates, Inc.Cooley LLPExecutive Sounding Board Associates Inc.FTI Consulting, Inc.GoIndustry DoveBidMesirow Financial Consulting, LLCMorrisAndersonNachmanHaysBrownstein, Inc.Prime Locations LLCThe Scotland Group, Inc.Wachovia Capital FinanceWells Fargo Business Credit, Inc.

Benefactor DonorsAEG Partners, LLCAlixPartnersAtlas Partners, LLCCadwalader, Wickersham & Taft LLPCorporate Renewal Services, Inc.Forman Holt Eliades & Ravin LLCJPMorgan Chase & Co.Lake Pointe Partners, LLCQuarles & Brady LLPRAS Management Advisors Inc.Riemer & Braunstein LLPTrimingham, Inc.Wells Fargo FoothillWhite Oak GroupXRoads Solutions Group

Patron DonorsAtwell, Curtis & Brooks, Ltd./ University Management Associates & Consultants Corp.Aurora Management Partners Inc.Bear Stearns & Co.The Belet Group, Inc./ Belet Acquisitions, Inc.Blank Rome LLPCarl Marks Advisory Group LLCConway MacKenzie Inc.FINOVA Capital CorporationGetzler Henrich & Associates LLCHorizon Management Inc.Kugman AssociatesThe Nassi Group, LLCPhilip + Company, Inc.RCS Real Estate AdvisorsSan Filippo & Associates SSG Capital Advisors LLCSchulte Roth & Zabel LLPWells Fargo Bank, N.A.Wells Fargo Retail Finance

Supporter DonorsAccuVal Associates, Inc.Allomet Partners, Ltd.American Management Advisors, Inc.Andrew M. Toft, Attorney at LawARG Recovery, LLCBankers Advocate GroupBDO Consulting Corporate Advisors, LLCBeane Associates, Inc.Bederson & Co. LLPBond, Schoeneck & King PLLCCairncross & Hempelmann, P.S.Caledonia Group Inc.Capital Restoration, LLCCapitalSourceContinental Advisory Services, LLCCRG PartnersThe Daley-Hodkin GroupDickinson Wright PLLCDLA Piper US LLPEMCC, Inc.Emerald Technology Valuations, LLCFennemore Craig, P.C.The Finley GroupFirst American Corp. – UCC DivisionFocus Management GroupFort Dearborn Partners, Inc.Gibson, Dunn & Crutcher LLPGiuliani Capital Advisors LLCGrant Thornton LLPGreat American Group

Greenberg Traurig LLCHarney Partners LLCHarvard Turnaround ManagementHealth Capital Investors, Inc.HilcoHill & Gertner Capital CorporationHoulihan Lokey Howard and ZukinHSG Services Inc.Jager Smith P.C.Joe Foster Real Estate AdvisorsKBK Financial, Inc.KPS Special Situations FundsLain Faulkner & Co.LBC Credit Partners, Inc.McShane GroupMehmco Financial Services Inc.The Meridian GroupMeriturn Partners, LLCMidwest Business CapitalMiles & Stockbridge P.C.Mission Capital AdvisorsModesitt Associates, Inc.The Nauset Group, Inc.Northern Healthcare Capital, LLCThe Parkland Group, Inc.Paul Hastings Janofsky & Walker LLPPenn Hudson Financial Group, LLCPhelps Consulting GroupPhoenix Advisors & Collections, Inc.Phoenix Management Services, Inc.Project Executive Group, Inc.ProtivitiQuest Turnaround Advisors, LLCRenaissance Partners, L.C.Republic Financial CorporationRhone Group AdvisorsRJ Reuter Business ConsultingRochelle McCullough, LLPRSM McGladreyRuskin Moscou Faltischek, P.C.SB Capital Group, LLCSherman, Lavallee & Associates, LLCState Securities PLC (United Kingdom)Sterling Supply Co.Stout Risius Ross, Inc.Strategic Management Partners, Inc.Stutman, Treister & GlattSullivan & Worcester LLPTeamWork Technologies, Inc.Tono-Bungay Consulting, Inc.Treadstone Partners, LLCTucker Arensberg, P.C.Windham Professionals, Inc.Winternitz, Inc.Wiss & Company, LLP

2011 TMA DistressedInvestingConferenceJanuary 26-28, 2011 Aria Resort Las Vegas, Nevada

Turnaround Management Association150 South Wacker Drive, Suite 900Chicago, IL 60606Phone: 312-578-6900E-mail: [email protected] site: turnaround.org


More Capital. More Opportunities.

Find your next deal at the expanded Turnaround Capital Forum and Cocktail Reception

Gain valuable insight from distressed investing experts

Network with capital providers and turnaround professionals


2011 TMA Distressed Investing Conference

2011 tma distressed investing · 2/2011 tma distressed investing conference january 26-28 • aria...

Documents