(TMA International Headquarters)
Turnaround experts will discuss the effect of the financial crisis on pan-European insolvency and restructuring practices during the next installment of the Turnaround Management Association’s Webinar Series.
"European Trends: European Insolvency Reform Update" will be held via teleconference from 11 a.m. to 12 p.m. (EDT) on Tuesday, May 12, 2009.
Nearly 15 percent of about 800 high-risk companies in Europe could default this year as heavy debt loads and tighter credit take their toll, according to Standard & Poor’s. This webinar will update listeners on insolvency practices that vary across Europe and tend to be more complicated than the Chapter 11 bankruptcy-court protection process in the U.S. Panelists will discuss how struggling companies can retool given nationalization in the banking and private sector and a coordinated, multi-country plan to fight the economic crisis.
PRESENTERS: Moderator: Dominic Reimbold, Global Talent Implementation Ltd., London, U.K.
Panel: Alain Le Berre, Huron Consulting Group, London; Laurent Assaya, Jones Day, Paris; Lynn Hiestand, Skadden, Arps, Slate, Meagher & Flom LLP, London; Kolja von Bismarck, Clifford Chance, Frankfurt
The Chicago-based Turnaround Management Association has nearly 9,000 members in 45 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.
CONTACT: Cecilia Green, Director of Public Relations, +1-312-242-6031, email@example.com, or Michele Drayton, PR Manager, +1-312-242-6044, firstname.lastname@example.org, both of Turnaround Management Association
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