TMA’s Carl Marks Student Paper Competition Won by NYU, Northwestern, and Elon Students
Sep 22, 2004
(TMA International Headquarters)
The Turnaround Management Association (TMA) announces the
winners of the 2004 Carl Marks Student Paper Competition to recognize
outstanding student achievement in the field of corporate renewal. The 13 papers
submitted were written by students enrolled
an MBA program or equivalent
business-related master’s program at an accredited university
winning papers were selected on the basis of their relevance to issues relating
to corporate distress, financial restructuring and reorganization and quality of
writing and analysis.
The cash prizes
are funded by C
arl Marks Consulting Group LLC
Carl Marks Capital Advisors LLC in New York
, affiliates of Carl Marks & Co., a leading merchant
bank in New York.
TMA provides travel and registration for one member of
place teams to the Annual Convention, October 15-18, 2004, at the
Marriott Marquis in New York.
Carl Marks Student Paper Competition Awards go to:
- $3,000 First Place Award: “ The European Distressed
and Defaulted Debt Market” Authors: Itay Singer and John Burke. Advisor: Dr.
Edward I. Altman, Professor of Finance, New York University Stern School of
Business, New York
$1,500 Second Place Award: “Marvel Comics
Turnaround” Authors: Karl Bracken, Nathan Chandrasekaran, Justin Kessler,
Hitoshi Mitani, Urapa Nontasut and David Youn. Advisor: Dr. James B. Shein,
Adjunct Professor Kellogg School of Management, Northwestern University,
- $600 Honorable Mention Award: “RRR Home Improvement:
Providing Shelter for Strong Growth” Authors: Doug Cornett, David Kramer, and
Scott Mackey. Advisor: Kevin O’Mara, Associate Professor, Martha &
Spencer Love School of Business, Elon University, Elon, N.C.
Turnaround Management Association (www.turnaround.org) is
the only international non-profit association dedicated to corporate renewal and
turnaround management. With international headquarters in Chicago, TMA has 6,800
members in 34 regional chapters comprise a professional community of turnaround
practitioners, attorneys, accountants, investors, lenders, venture capitalists,
accountants, appraisers, liquidators, executive recruiters and consultants.
Members adhere to a Code of Ethics specifying high standards of professionalism,
integrity and competence. Its Certified Turnaround Professional (CTP) program
recognizes professional excellence and provides an objective measure of
expertise related to workouts, restructurings and corporate
For more information, contact:
Public Relations Director
Director of Educational Services
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