Cash Prizes To Go to Best MBA Papers in Carl Marks Papers Competition: Deadline May 31

(TMA International Headquarters)

CHICAGO – May 3, 2007 – May 31 is the deadline for entries in the Carl Marks Student Paper Competition, administered by the Turnaround Management Association (TMA) to recognize outstanding student achievement in the field of corporate renewal. Funds for a $3,000 first-place prize and $1,500 second-place prize in two categories are provided by Carl Marks Advisory Group LLC in New York. Travel expenses are also provided for one author of each winning paper to accept the awards at the TMA Annual Convention in Boston, October 16-19, 2007.

Papers by individuals or teams must be written between May 30, 2006, and May 30, 2007. Students enrolled in an MBA program or equivalent business-related Master’s program at the time the paper was written are eligible. First and second place prizes are awarded in two categories: turnaround case studies and papers that are based on theoretical or conceptual turnaround issues. Entries will be judged on relevance to issues pertinent to corporate distress, financial restructuring and reorganization and quality of writing and analysis. Application guidelines and forms are available online at www.turnaround.org .

The 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 7,800 members in 40 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, accountants, appraisers, liquidators, executive recruiters and consultants. Its Certified Turnaround Professional (CTP) program recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal.

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