TMA Announces 2010 Carl Marks Student Paper Competition Winners

Oct 4, 2010

(TMA Global)

CHICAGO - Students from Columbia Business School, the University of Chicago and Emory University are winners of the 2010 Carl Marks Student Paper Competition.

The competition administered by the Turnaround Management Association recognizes outstanding achievement in the study of corporate renewal by students in MBA or equivalent business-related master’s programs.  Carl Marks Advisory Group LLC in New York funds the prizes and covers travel and lodging expenses for a team member to attend the TMA Annual Convention, October 6-8, at the J.W. Marriott Grande Lakes in Orlando.

 “This year we were extremely pleased to have substantially increased participation in the competition and a significant number of extremely strong entries,” said James F. Wallack, TMA vice president of university relations and an attorney with Goulston & Storrs PC in Boston. “The judges had the happy task of making some very close calls in distinguishing between the top papers.”

The winning papers and award recipients are:  

Case Analysis Category:

First Place
“Restructuring Crocs, Inc.”
Columbia Business School
Authors: Ronald Schulhof, Molly Bennard, Julie Thaler, Kevin Sayles, John Wolff
Advisor: Professor Laura Resnikoff, Columbia Business School 

Second Place
“Media General’s Restructuring: An Investor’s Perspective”
Columbia Business School
Authors: Brian Hindo, Nate McMurry, Ryan Orton, Sumit Suman, Sonal Kapoor
Advisor: Professor Laura Resnikoff, Columbia Business School 

Theoretical/Conceptual Category

First Place
“The Death of Emergence”
University of Chicago
Authors: Aditya Habbu and Nikhil Abraham

Second Place
“Patent Activity in Bankrupt Technology Firms: An Empirical and Case Based Study”
Emory University
Author: Grant Moss

Turnaround Management Association,, has more than 9,000 members in 46 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

Carl Marks Advisory Group LLC,, with offices in New York, Vienna, Va., and Charlotte, N.C., provides a wide array of investment banking and financial and operational advisory services to the middle market, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management. ###     


For more information, contact:

Michele Drayton
Communications Manager

Anderson Bauman Tourtellot Vos Financial Recovery Strategies Hilco Jefferies Conway MacKenzie

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