TMA ANNUAL CONVENTION - Turnaround Management · PDF fileclients the pace of change continues to accelerate. ... CEO Milton Cooper responded, ... 2007 convention as one of the best

TMA ANNUAL CONVENTION

CON VEN T ION BRO C H U RE

OCTOBER 16 - 19 ★ BOSTON MARRIOTT COPLEY PLACE ★ BOSTON, MASSACHUSETTS

For Corporate Renewal


REVOLUTION & EVOLUTION

FOR CORPORATE RENEWAL

TMA ConvBroch07 d4.qxd 7/17/07 12:43 PM Page 1

O n behalf of TMA’s Board of Directors, staff management team andconvention committee, it is my pleasure to invite you to Boston forTMA’s 2007 Annual Convention. TMA’s Northeast Chapter is

extremely proud that Boston has been chosen to be the host city and many of ourlocal members have worked hard to insure that attendees are able to enjoy thetraditions and excitement of Boston. The convention committee, which includesparticipants from throughout North America, is extremely pleased with theprogram speakers and events that have been designed to not only showcase thepreeminence of TMA but also to add maximum value for all members and attendees. Education and networking are the cornerstones of our organization,and this convention will provide unique and outstanding possibilities for the sharing of new ideas and the enhancements of industry friendships.

Boston is synonymous with the fervor and spirit of the American Revolution and therefore provides the perfect backdrop for the theme of this year’s convention, “Revolution & Evolution for CorporateRenewal.” Our industry is in continual rapid change and to effectively respond to the demands ofclients the pace of change continues to accelerate. As also reflected in the industries that we serve,corporate renewal firms have been merging, consolidating, implementing new strategies, executingleveraged buyouts and obtaining capital through the global capital markets. During the past five years,revolution and evolution have been at work to transform the internal and external positioning of ourindustry. Change is our friend; it validates the importance of our work, and the pace of change hashad a profound effect on our industry. When asked about lessons learned during his remarkable 50-year career at Kimco, CEO Milton Cooper responded, “The only constant in business is change,and we must maintain a culture of people with high integrity that can seize the wonderful opportu-nities created by change.” Many of the sessions at this year’s convention will focus not only on the pace of change but also on the appropriate strategies needed to harness the opportunities it will provide.

For years, TMA has wanted to provide a forum for our members to learn from Jim Collins. Jim is a significant beacon, providing the original thought that inspires the creative energy that is essentialfor us to be truly effective and influential in our pursuit of corporate renewal. He has established aunique and innovative body of knowledge that is continually updated to be challenging and relevant.TMA is extremely fortunate to have Jim Collins serve as our opening keynote speaker. His presen-tation will provide significant insights and value to our attendees. His willingness to address our convention is a remarkable tribute to the global reputation of the TMA and the accomplishments of ourmembership. A critical issue in the evolution of a turnaround is the nature and quality of leadership.Jim’s concept of “Level 5 Leadership” speaks volumes on the dynamics of effective governance.

We are thrilled that Former U.S. Congressman Dick Gephardt will address the convention during the luncheon on Thursday. Congressman Gephardt has achieved a remarkable and distinguished track record through his tireless service to America, and he is able to enthusiastically and poignantlydiscuss the country’s future challenges and opportunities. His energy and insights will provideattendees with a most remarkable experience.

The economists roundtable discussion following lunch on Friday will be moderated by KevinO’Connor, host of the nationally renowned weekly television show This Old House. Kevin will establish an exciting forum for our economic experts to present their thoughts regarding micro andmacro economic trends. He also might provide some of his insights into the housing market.

You will find the various education sessions to be diverse in their content, with panelists well preparedto deliver new insights into their topics. The convention committee worked hard to attract numerousindustry experts, many of who have not participated in previous TMA events, to share new insightsand observations. It is not often that an industry association is able to assemble a group of paneliststhat reflects the experience and reputation of these participants. The moderators of each session have worked hard to raise the standards for our commitment to excellence in education.

Returning to our TMA convention is David Feherty, who will address the convention after dinner onFriday. Those of you who attended the annual convention in Colorado Springs in 2002 will rememberDavid’s extraordinary ability to not only impart effective lessons on improving our golf game but alsoto provide unique insight into the behind-the-scenes world of the PGA. His charm, wit and precisecommentary are a staple for all who spend their Saturdays and Sundays with CBS and the PGA.

This will be a most exciting conference. Boston will provide a wide variety of exciting activities.Our staff management team will make every possible effort to ensure that you will remember the 2007 convention as one of the best ever. Thank you for your attendance and your participation.

Best regards,

Ward K. MooneyExecutive Managing Director, Crystal CapitalChair, 2007 Annual Convention

For Corporate RenewalFor Corporate Renewal




About TMATurnaround Management Association (TMA) is the premier professional community dedicated tocorporate renewal and turnaround management.With international headquarters in Chicago, more than 7,600 TMA members in 40 worldwidechapters 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 judicialemployees. TMA members adhere to a code of ethics specifying high standards of profession-alism, integrity and competence. The CertifiedTurnaround Professional (CTP) accreditationprogram recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal.

Who Should AttendThe 2007 Annual Convention is a must for industryprofessionals who share a common interest in strengthening the economy through the restorationof corporate value.

Why You Should AttendKnowledge. Learn techniques used by industry leaders to transform troubled companies worldwide.And, visit with more than 80 exhibitors who willintroduce you to new tools to enhance your businessand client relations.

Trends and Insights. Identify and explore emergingtrends in distressed investing, alternative fundingstructures, cross-border strategies, alternativeenergy and turnaround industry consolidation,among other timely topics.

Networking. Foster relationships at numerous social events, including coffee breaks, meals and receptions.

Ward K. Mooney


★ SUNDAY, OCTOBER 149:00 a.m. – 4:00 p.m. ACTP Accounting & Finance Course*4:30 p.m. – 7:00 p.m. ACTP Accounting & Finance Exam*

★ MONDAY, OCTOBER 158:00 a.m. – 3:00 p.m. ACTP Management Course*3:30 p.m. – 7:00 p.m. ACTP Management Exam*

★ TUESDAY, OCTOBER 169:00 a.m. – 4:00 p.m. ACTP Law Course*3:30 p.m. – 5:30 p.m. TMA Executive Committee Meeting4:30 p.m. – 7:00 p.m. ACTP Law Exam*

★ WEDNESDAY, OCTOBER 177:00 a.m. – 10:30 a.m. ACTP Board of Directors Meeting 9:00 a.m. – 12:30 p.m. ACTP Exam (all three sections concurrently)*

10:00 a.m. – 7:30 p.m. Registration Desk Open10:45 a.m. – 12:45 p.m. TMA Board of Directors Meeting11:00 a.m. – 4:00 p.m. Exhibitor Move-in12:45 p.m. – 1:30 p.m. TMA/ACTP Board Lunch1:45 p.m. – 3:45 p.m. Chapter Presidents Meeting4:00 p.m. – 5:30 p.m. ACTP Advanced Educational Session —

“How a Slipper Company Regained its Footing”*6:00 p.m. – 7:30 p.m. Opening Reception

Co-sponsored in part by Conway MacKenzie & Dunleavy;Crystal Capital; and Hunt Special Situations Group, L.P.

★ THURSDAY, OCTOBER 187:00 a.m. – 7:30 p.m. Registration Desk Open

7:00 a.m. – 7:45 a.m. Continental BreakfastCo-sponsored by Fennemore Craig, P.C.; HuronConsulting Group; and Medical Capital Corporation

8:00 a.m. – 9:30 a.m. Convention Opening and Keynote Presentation by Best-Selling Author Jim Collins

9:30 a.m. – 1:00 p.m. Exhibit Hall Open

9:30 a.m. – 10:30 a.m. Coffee Break in the Exhibit HallCo-sponsored by Atlas Partners, LLC and Tiger Valuation Services, LLC

10:30 a.m. – 12:00 p.m. General Session: “Leveraged Capital Markets: Will the Frothiness Continue?”

12:00 p.m. – 1:00 p.m. Refreshments in the Exhibit HallSponsored by Morris-Anderson & Associates, Ltd.

1:00 p.m. – 3:15 p.m. Lunch, Presentation of TMA Turnaround of the YearAwards and Carl Marks Student Paper CompetitionPrizes, and Keynote Presentation by Former U.S. Congressman Richard A. “Dick” GephardtCo-sponsored in part by BBK; Executive Sounding BoardAssociates Inc.; Getzler Henrich & Associates, LLC; and Proskauer Rose LLP

3:15 p.m. – 7:30 p.m. Exhibit Hall Open

3:15 p.m. – 3:45 p.m. Coffee Break in the Exhibit HallSponsored by DLA Piper US LLP

★ THURSDAY, OCTOBER 18 (CONT.)3:45 p.m. – 5:00 p.m. CONCURRENT SESSION A

A1: “How Junior Capital Players Will Effect the NextWave of Restructurings”

A2: “Recent Developments in Global Restructurings:Europe, Canada, China, India and Japan”

A3: “Cutting Edge Capital Structures”A4: “What Companies Can Learn From

Private Equity Firms”

5:15 p.m. – 6:15 p.m. Diversity ReceptionSponsored by JPMorgan Chase & Co.

6:30 p.m. – 7:30 p.m. Exhibitor Reception and Grand Prize Drawing

★ FRIDAY, OCTOBER 197:00 a.m. – 7:45 p.m. Registration Desk Open

7:30 a.m. – 10:30 a.m. Exhibit Hall Open

7:30 a.m. – 8:15 a.m. Continental Breakfast in the Exhibit HallSponsored by Winston & Strawn LLP

8:30 a.m. – 9:45 a.m. General Session: “Corporate Responsibility: Sacred Cow or Hollow Promise”

10:00 a.m. – 10:30 a.m. Coffee Break in the Exhibit HallCo-sponsored by Buccino & Associates, Inc. and National City Capital Markets

10:45 a.m. – 12:00 p.m. CONCURRENT SESSION BB1: “Consolidation of the Turnaround Industry:

Restructuring of the Restructuring Industry”B2: “Distressed Investing by Private Equity and Hedge

Funds: Trends and Hot Issues”B3: “Alternative Energy Investments: Risks and

Opportunities”B4: “How to Prepare Your Portfolio Company

for Bumps in the Road”

12:15 p.m. – 3:00 p.m. Lunch, Presentation of TMA Transaction of the YearAwards, and “Economists Roundtable: Solid Footingor Fundamental Shift?”

3:15 p.m. – 4:45 p.m. CONCURRENT SESSION CC1: “Alternative Monetization Strategies for

Distressed Assets”C2: “Unique Fund Structures and the Impact on

Market Liquidity”C3: “Diversity as a Competitive Advantage”

6:00 p.m. – 7:00 p.m. Gala Cocktail ReceptionCocktail reception and dinner co-sponsored in part by Accord Financial, Inc.; Mesirow Financial Consulting,LLC; and Patton Boggs LLP

7:15 p.m. – 9:30 p.m. Dinner, Butler-Cooley Excellence in Teaching AwardsPresentation, Keynote Presentation by David FehertyCocktail reception and dinner co-sponsored in part byAccord Financial, Inc.; Mesirow Financial Consulting,LLC; and Patton Boggs LLP

TMA ANNUAL CONVENTION AGENDA

OCTOBER 16 - 19 ★ BOSTON MARRIOTT COPLEY PLACE ★ BOSTON, MASSACHUSETTS

* Additional fee required (see following pages and registration form for details.)

Please note that private company events may not conflict with any scheduled activity of the TMA 2007 Annual Convention.

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JIM COLLINS

Best-Selling Author★ Thursday, October 18, 8:00 a.m. – 9:30 a.m.

(time reflects entire convention opening session)

Jim Collins is a student and teacher of enduring great companies — howthey grow, how they attain superior performance, and how good companiescan become great companies. Having invested over a decade of research into

the topic, Collins has authored or co-authored four books, including the classic BUILT TOLAST, a Business Week best seller for more than six years. Collins’ book, GOOD TO GREAT:Why Some Companies Make the Leap … And Others Don’t, attained long-running positions onthe New York Times, Wall Street Journal and Business Week best-seller lists. Driven by arelentless curiosity, Collins began his research and teaching career on the faculty at StanfordGraduate School of Business, where he received the Distinguished Teaching Award in 1992.In 1995, he founded a management laboratory in Boulder, Colorado, where he now conductsresearch and teaches executives from the corporate and social sectors. He has served as ateacher to senior executives and CEOs at over one hundred corporations. Collins invests asignificant portion of his energy in large-scale research projects — often five or more years in duration — to develop fundamental insights and then translate those findings into books,articles and lectures.

RICHARD A. “DICK” GEPHARDT

Former U.S. Congressman,Advisor to FTI Consulting through Gephardt Group, LLC★ Thursday, October 18, 1:00 p.m. – 3:15 p.m.

(time reflects entire lunch program)

Richard A. Gephardt was first elected to represent Missouri’s Third Districtin 1976. As a House freshman, he was given the rare opportunity of serving

both on the Ways and Means and Budget Committees. In 1987, Gephardt became the firstdemocratic candidate to enter the 1988 presidential race, where he won the Iowa DemocraticCaucus and helped frame the economic issues that dominated the election. In 1989, he waselected by his colleagues in the House to serve as their Majority Leader, and in 1994, waselected to serve as the House Democratic Leader, the top Democratic leadership position inthe House. Working in Congress, Gephardt sought to promote economic and personalsecurity by strengthening bedrock commitments to the American people, especially Medicareand Social Security. He always sought to enact policies that unlock people’s potential andliberate the entrepreneurial spirit. Joining with Senator John McCain, Gephardt repeatedlyreached across the aisle to pass campaign finance reform, end corporate welfare and restore tax code fairness for all. Gephardt is currently a consultant for FTI Consulting, Inc., wherehe provides advice to clients on a range of business, governmental, labor, international,advocacy and commercial issues through an exclusive agreement with his firm, GephardtGroup, LLC. In addition, he serves on the advisory board of Financial Dynamics, FTI’sstrategic and financial communications services subsidiary. Gephardt is also a consultant to Goldman Sachs and Senior Counsel at DLA Piper Law Firm.

“Economists Roundtable: Solid Footing or Fundamental Shift?”★ Friday, October 19, 12:15 p.m. – 3:00 p.m. (time reflects entire lunch program)

Is the economy on solid footing or is there a fundamental shift underway? Capital is abundant;natural resources are scarce. Bankruptcies and corporate debt defaults are at historic lowswhile private equity investments are at historic highs. Emerging markets promise to outgrowthe U.S., and their populations are exploding while the rest of the world is aging. Who willwin? Who will lose? Join a broad-based discussion of the most significant trends of theeconomy and hear what three prominent economists think about inflation, spending, credit,demographics, opportunities and risks.

For Corporate RenewalFor Corporate Renewal




KEYNOTE SPEAKERS

Chair: Ward K. Mooney, Crystal Capital

Peter J. Antoszyk, Proskauer Rose LLP

Terry D. Coleman, Republic Financial Corporation

Shirley Dunn, CTP, Hamstreet & Associates

Gayle P. Ehrlich, Sullivan & Worcester LLP

David A. Fiegel, GoIndustry

Scott E. Fiore, Wells Fargo Foothill

Sam Fleiser, Callidus Capital Corporation

Kenneth S. Frieze, Gordon Brothers Group LLC

John E. Goldthorpe, Chase Business Credit

Margaret M. Good, CTP, The Meridian Group

Robert D. Katz, CTP, Executive Sounding Board Associates Inc.

Pamela N. Linton, Linton Associates LLC

Armand P. Lucarelli, CTP, Capital Restoration LLC

Spence J. Mehl, Retail Consulting Services

Jonathan L. Samen, Riemer & Braunstein LLP

J. Scott Victor, NatCity Investments Special Situations Group

James F. Wallack, Goulston & Storrs PC

Robert P. Wexler, The Tron Group

THANK YOU TO THE

ANNUAL CONVENTION

COMMITTEE

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ModeratorKevin O’Connor, Host, This Old House and Ask This Old HouseKevin O’Connor is the Emmy-award nominated host of the award-winning series This Old House, Ask This OldHouse, and Inside This Old House. In addition to histelevision career, O’Connor is currently a senior vicepresident in the New England Home Builder Division,

part of Bank of America’s Commercial Real Estate Group. He is respon-sible for new client development and the structuring and origination ofloans to professional homebuilders and developers throughout NewEngland. O’Connor began his banking career with BankBoston andsubsequently FleetBoston, where he was a vice president in the SportsFinance Group.

PanelEdward I. Altman, Ph.D., Professor of Finance,New York University Stern School of BusinessEdward I. Altman, Ph.D., is the Max L. HeineProfessor of Finance at New York University SternSchool of Business. He is also the director of research in credit and debt markets at the NYU Salomon Centerfor the Study of Financial Institutions. Altman previ-

ously chaired the Stern School’s MBA program for 12 years. Altman’sareas of expertise include corporate bankruptcy, high yield bonds, dis-tressed debt and credit risk analysis. In 2005, Altman was named one of the “100 Most Influential People in Finance” by Treasury & RiskManagement magazine.

Jeffrey C. Fuhrer, Director of Research,Federal Reserve Bank of Boston Jeffrey C. Fuhrer is an executive vice president anddirector of research at the Federal Reserve Bank ofBoston. Fuhrer previously was vice president andeconomist at the Bank and head of the Open EconomyMacro/International Section. From 1985 to 1992,Fuhrer was a senior economist at the Board of

Governors of the Federal Reserve System in Washington, D.C. Hisrecent research has focused on the development of macroeconometricmodels of inflation, long-term interest rates, monetary policy, consumerspending and the Phillips curve. He has recently published studies on the importance of habit formation in consumer spending decisions andthe persistence of inflation, among others.

Warren Jestin, Sr. Vice President and Chief Economist,Scotiabank GroupDr. Warren Jestin is a senior vice president and chiefeconomist of Scotiabank, where he has worked for thepast 27 years. Before joining Scotiabank, Jestin spent anumber of years working in research for the Bank ofCanada and teaching economics for several Canadianuniversities. He is currently on the board of The

University of Guelph Heritage Fund and the Board of Advisors of theSobey School of Business at Saint Mary’s University in Halifax. Jestin is a member of the C.D. Howe Institute’s Monetary Policy Council and has been involved with economic policy committees of the Canadian and Ontario Chambers of Commerce and the Toronto Board of Trade.

5

DAVID FEHERTY

Golf Commentator★ Friday, October 19, 7:15 p.m. – 9:30 p.m.

(time reflects entire lunch program)

David Feherty grew up with aspirations tobecome an opera singer, until he discoveredhe had the knack for hitting a golf ball.

Feherty enjoyed a successful professional career, with 10victories worldwide. He was a regular on the European Tourand captained the winning Irish team in the 1990 AlfredDunhill Cup. Feherty played on the European Ryder CupTeam in 1991, an experience that rejuvenated his fervor forgolf. In 1997, Feherty retired from professional golf whenoffered a position as a golf commentator for CBS Sports.His knowledge of the game and Tour experience give himinstant credibility, and his quick wit and colorful personalityadd a new dimension to golf telecasts. According to aFebruary 2007 Golf Digest survey, golf fans chose Feherty as their favorite golf announcer. His success extends beyondbroadcasting. He is an accomplished author, writing anextremely popular monthly column for GOLF Magazineand a bi-weekly piece for their website, Golfonline.com.His books have become bestsellers, including A Nasty Bit ofRough; Somewhere in Ireland, A Village is Missing an Idiot;David Feherty’s Totally Subjective History of the Ryder Cup and An Idiot for All Seasons.

ADDITIONALCONVENTION SPONSORS

Event sponsors provide financial support for TMA’s inter-national conferences. In addition to those sponsors listed inthe agenda, the following sponsors have also generouslyprovided support for the TMA 2007 Annual Convention.• Aon (Audio CDs)• Burns & Levinson LLP (Convention Bags)• Republic Financial Corporation (Convention Bags)• Loeb & Loeb LLP (Cyber Café)• LBC Credit Partners, Inc. (Lanyards)• Gordon Brothers Group (Pocket Agenda)• FTI Consulting, Inc. (Program Book/CD-Rom)• Skadden, Arps, Slate, Meagher & Flom LLP

(Program Book/CD-Rom)• Deloitte Financial Advisory Services LLP (Room keys)• Bond, Schoeneck & King PLLC

(The Wall Street Journal Room Drop – Thursday)• Loughlin Meghji + Co.

(The Wall Street Journal Room Drop – Thursday)• SB Capital Group, LLC/EMCC, Inc.

(The Wall Street Journal Room Drop – Friday)

“Economists Roundtable” (continued)


GENERAL SESSIONS CONCURRENT SESSIONS

★ THURSDAY, OCTOBER 18, 10:30 A.M. – 12:00 P.M.“Leveraged Capital Markets: Will the Frothiness Continue?”

Moderator: Andrew B. Miller, Houlihan Lokey Howard & Zukin

Panel: Dhruv Narain, Goldman Sachs & Co.; Ken Sands, FortressInvestment Group, LLC; Daniel E. Wolf, Ableco Finance, LLC

Easy cash! The capital markets remain hotter than ever and borrowerscontinue to max-out their leverage and lower their costs of capital.Aggressive lenders, hedge funds and CLOs still have bundles of cash andare looking for creative ways to lend it. Over the past few years, this capitalcompetition has resulted in new structures, higher debt levels, reducedcovenants and lower capital costs. This panel of premier dealmakers willdiscuss the latest structures and techniques to obtain the optimal capitalstructure.

★ FRIDAY, OCTOBER 19, 8:30 A.M. – 9:45 A.M.“Corporate Responsibility: Sacred Cow or Hollow Promise”

Moderator: Scott Harshbarger, Proskauer Rose LLP

Panel: Stewart Cohen, Hilco Consumer Capital; David Levin, Casual Male;James C. Tyree, Mesirow Financial

Former Massachusetts Attorney General Scott Harshbarger leads this panel of high profile executives with real world experience to discuss the role ofcorporate responsibility in today’s businesses. Panelists will discuss what“corporate responsibility” today is, whether it does or should factor intocorporate executives’ thinking and governance, particularly in a distressedsituation, and how new players, such as the explosion of private equityfunds and junior capital investors, will help or hinder the furtherance ofthe goals of corporate responsibility.

CONCURRENT SESSION A

★ Thursday, October 18, 3:45 p.m. – 5:00 p.m.

A1: “How Junior Capital Players Will Effect the Next Wave ofRestructurings”

Moderator: Peter J. Antoszyk, Proskauer Rose LLP

Panel: Howard Brod Brownstein, CTP, NachmanHaysBrownstein, Inc.; PaulHalpern, Chrysalis Capital Partners LP; Theodore L. Koenig, Monroe CapitalLLC; Karen E. Simeone, Stairway Capital Advisors LLC

Junior capital debt has exploded to over $24 billion as of the end of2006. New players with complex fund structures are entering the market atrecord pace, and they are employing creative deal structures which strips ofthe capital structure are sliced and diced ever more finely. This panel,consisting of distressed equity players, junior capital investors and experiencedadvisors, will discuss how the new and ever more complex structures effectthe next wave of insolvencies. Learn the key leverage points and how you can prepare to take advantage of the distressed opportunities.

A2: “Recent Developments in Global Restructurings: Europe, Canada, China, India and Japan”

Moderator: Richard Gitlin, Gitlin & Company, LLC

Panel: N. Lynn Hiestand, Skadden, Arps, Slate, Meagher & Flom (UK) LLP;Tracy C. Sandler, Osler, Hoskin & Harcourt LLP; Mahesh Uttamchandani, The World Bank

Over the past few years, the corporate restructuring landscape has changed. Ithas become truly global and the list of players has expanded to include privateequity and hedge funds, CRO’s and others. These developments have led toincreasingly complex restructuring transactions involving multiple jurisdictionsand complicated capital structures. Further, there have also been significantreforms to key legal regimes governing restructuring and insolvency issues.This panel explores what effects these recent developments in the corporaterestructuring landscape have had and will continue to have — with particularfocus on Europe, India, China, Canada and Japan — and considers what thefuture holds for professionals and advisors.

A3: “Cutting Edge Capital Structures”

Moderator: Patrick Dalton, Apollo Investment Corporation

Panel: Paul J. Coughlin Jr., Longroad Asset Management LLC; Kipp deVeer, Ares Management LLC; Charles F. Riceman, Golub Capital;Thomas Steiglehner, Silver Point Capital

Unitranches, second lien, silent seconds, silent firsts, synthetic mezzanine anda host of ever-changing structures are the norm in today’s capital structures.Learn about the hottest new capital structures from this panel of leadingindustry funds that are helping to shape the market. This panel is a must-seefor anyone in the turnaround industry.

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A4: “What Companies Can Learn From Private Equity Firms”

Moderator: Gilbert A. Herrera, Herrera Partners LP

Confirmed Panelists: Andreas Beroutsos, McKinsey & Company

This panel will discuss the governance advantage that private equity firms use to their advantage. Research shows that three quarters of private equityfirms perform no better than the stock market over time. However, the topquartile performing private equity firms outperform major stock marketindices by a considerable margin. Top quartile performance does not, asmany assume, result from financial engineering. Additionally, little of thesuccess is derived because firms paid less than prevailing market prices forsimilar assets. Markets are reasonably efficient, and most assets are soldthrough a formal auction process. Nor does it appear that top quartile privateequity firms obtain the bulk of their returns simply from a rising market. The real, and often overlooked, source of success is the governance modelutilized by top quartile firms. This is an advantage that public companies findhard to emulate. This panel will discuss the “governance arbitrage” advan-tage top quartile private equity firms employ to drive superior returns.

CONCURRENT SESSION B

★ Friday, October 19, 10:45 a.m. – 12:00 p.m.

B1: “Consolidation of the Turnaround Industry: Restructuring of the Restructuring Industry”

Moderator: Thomas J. Allison, CTP, Mesirow Financial Consulting

Panel: Mark R. Byers, Grant Thornton; Robert N. Dangremond, CTP, AlixPartners LLC; Robert D. Katz, CTP, Executive Sounding Board AssociatesInc.; James M. Lukenda, Huron Consulting Group LLC

There have been substantial shifts in the turnaround industry over the pastfive years. The Big 5 became the Final Four and some divested theirCorporate Advisory Groups in the United States. There have been severalacquisitions in the marketplace and an evolution of the industry. This panelwill give you an overview of some of the actions that have been taken,including going public, being acquired and successful integration, inter-national expansion and monetizing through private equity.

B2: “Distressed Investing by Private Equity and Hedge Funds: Trends and Hot Issues”

Moderator: Mark J. Schwartz, Gordon Brothers Group

Panel: Dean Adler, Lubert-Adler Partners, LP; Kevin Genda, Cerberus CapitalManagement LP/Ableco Finance LLC; Curtis Glovier, Fortress InvestmentGroup; Rodger R. Krouse, Sun Capital Partners, Inc.; Jason New, GSO Capital Partners

Acquisitions of public and private companies have reached record levels.Accelerated due diligence periods and increasedcosts are required to complete most transactions.

Market activity has been fueled by the availability of attractive financing andstrong public company multiples. Transaction multiples have increased steadilyfor small, mid-cap and large transactions and now average over 10 times EBIT-DA. At the same time, increased leverage and operating pressures have stressedcapital structures and increased investment risks, resulting in numerous defaultsand opportunities to acquire distressed assets. This panel of leading privateequity and hedge fund partners will explore how to identify and develop uniquestructures for acquiring and restructuring distressed companies and how to cap-italize on real estate and other undervalued assets. Topics explored by the panelwill include the emergence of joint ventures and strategic alliances employed inthe acquisition process and how long current trends will continue.

B3: “Alternative Energy Investments: Risks and Opportunities”

Moderator: Jonathan A. “Joff” Mitchell, Kroll Zolfo Cooper

Panel: Richard Aube, D.E. Shaw & Co.; Stephen J. Schaefer, Riverstone Holdings LLC

The energy industry continues to go through radical change, as “going green”remains the clarion call. With radical change comes opportunity. This panel ofindustry experts includes investors and advisors who know the energy marketand where these opportunities (and trouble spots) may be for investors.

B4: “How to Prepare Your Portfolio Company for Bumps in the Road”

Moderator: Robert J. Duffy, FTI Consulting, Inc.

Panel: Michael Bevacqua, Sankaty Advisors, LLC; Anthony DeSimone, HIGPrivate Equity; Joseph P. Donlan, Brown Brothers Harriman; Joel Kier, The Kier Group; David Moszer, GSO Capital Partners

Private equity and hedge fund acquisition activity has climbed to unprecedentedlevels in recent years. It is inevitable that the junior providers of capitalsupporting these deals will soon be facing increased incidents of trouble in theirportfolios as the economy eventually softens. Properly preparing for troublewith a portfolio company can mean the difference between recovery at par andtotal liquidation. This panel of private equity investors, mezzanine and juniorlenders and turnaround professionals will provide different perspectives onpotential issues facing capital providers who may potentially face difficultsituations in their portfolios. Discussion topics include:

• What are the key indicators of impending problems?

• What are the available options for addressing the company’s issues and whatare the ramifications for the private equity investor and lender?

• What are the available options for the private equity investorand lender and what are the ramifications for the company?

• How do the inter-creditor agreements impact available options?

• At what point should outside experts and counsel be retained?

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Concurrent Sessions continued on page 8


CONCURRENT SESSION C

★ Friday, October 19, 3:15 p.m. – 4:45 p.m.

C1: “Alternative Monetization Strategies for Distressed Assets”

Moderator: David Peress, Crystal Capital

Panel: Benjamin L. Nortman, The Hilco Organization; Lisa M. Poulin,CTP, Corporate Revitalization Partners LLC; Adam M. Reich, GreystonePrivate Equity; Natalie B. Wilensky, CIT Commercial Finance

The strategies employed to monetize distressed assets are increasinglymore sophisticated and creative. This panel will discuss the emergingtrends in the disposition industry and the impact of those trends onthe methods used by capital market participants to make investmentdecisions and develop exit strategies. The panelists will look atdifferent asset classes, including real estate, intellectual property,inventory and equipment and comment on current developments and recent transactions involving the liquidation of such assets. The insights that will be provided by this panel will benefit buyers,sellers, lenders and the professionals who advise them.

C2: “Unique Fund Structures and the Impact on Market Liquidity”

Moderator: Ken Wormser, Natixis Capital Markets

Panel: John Frishkopf, New Star Financial; David Tesher, Standard & Poor’s; Michael Zarrilli, Stanwich Capital LLC

The panel will discuss the use of leverage by investors in non-invest-ment grade companies, including senior secured bank loans, secondlien debt and mezzanine debt financing. Purchasers of debt of non-investment grade companies are made by banks, finance companies,credit hedge funds and asset managers (CDO managers). The panelwill discuss how each type of investor raises its capital and the waythe capital acts in different market conditions.

C3: “Diversity as a Competitive Advantage”

Moderator: Faye B. Feinstein, Quarles & Brady LLP

Panel: Effenus Henderson, Weyerhaeuser Company; Holly Kaczmarczyk, Wachovia Capital Finance; Paul T. Parker, Deloitte & Touche US LLP; Tom Wilson, Merrill Lynch

Diversity initiatives have become commonplace in mid to large sizedorganizations, not just because it is considered “politically correct” butbecause these organizations believe it is a better way to do business.In many organizations there has been a “call to action” that has led to commitments such as that made by the chief legal officers ofapproximately 500 major corporations who have pledged to makediversity a significant priority in their legal departments. Thesecommitments to a diverse workforce have created a domino effect,becoming a requirement of conducting business with those entitiesthat have made diversity a priority. Failure to endorse such effortsmay result in significant lost opportunities and reduced profits. Butbeyond that, nationalization and globalization force companies tounderstand the diverse nature of their workforce and focus on internaland external differences in order to enhance productivity. Panelists willaddress their company’s internal diversity programs, including recruit-ing and retention efforts, education and training; how diversity initia-tives can increase profits; and how failing to understand and addressthe diverse nature of a company’s workforce or that of its customersand vendors can significantly detract from the bottom line.

CONCURRENT SESSIONS (CONTINUED)

Visit the Exhibit HallAnnual convention exhibitors provide critical services to corporate renewal professionals.Don’t miss this opportunity to learn how more than 80 service providers, including asset-based lenders, accounts receivable outsourcing professionals, appraisers, real-estate consultants, liquidators and investment bankers, among others, will benefityour business. If you have questions about exhibiting at the 2007 Annual Convention,please contact Joe Karel at 1-312-242-6039 or [email protected].

Exhibit Hall HoursWednesday, October 17, 6:00 p.m. – 7:30 p.m.

Thursday, October 18, 9:30 a.m. – 1:00 p.m.; 3:15 p.m. – 7:30 p.m.Friday, October 19, 7:30 a.m. – 10:30 a.m.

Exhibitor Grand Prize DrawingRegistered attendees will receive an exhibitor grand prize drawing ticket with theirconvention materials. Spouses/guests and individuals registered as exhibitor personnelare not eligible for a drawing ticket. To enter the drawing, attendees must drop their tick-et into the drawing bin located in the exhibit hall. The Exhibitor Grand Prize Drawing will be held on Thursday evening, October 18, during the Exhibitor Reception. The reception begins at 6:30 p.m. and the prize drawing will be held shortly thereafter.

Past ExhibitorsABF JournalAccuVal Associates, Inc.American Bankruptcy InstituteThe Anderson Group LLCAon Consulting, Inc.Association of Insolvency and

Restructuring AdvisorsAtlas Partners, LLCThe Atwell CompaniesBeltway Capital Partners, LLCThe Branford GroupBridge Healthcare FinanceBusiness Alliance Capital Corp.Business Loan ExpressCapitalSourceCargill Value InvestmentCentury ServicesCommercial Finance AssociationCommercial Law League of AmericaComVestCONSORCSG InvestmentsThe Daley-Hodkin GroupThe Deal LLCDiligenzDoveBid Inc.EMCC, Inc.Emerald Technology Valuations LLCFirst American Corp. - UCC DivisionFleet Lease DisposalGMAC RFC Health CapitalGordon Brothers GroupGreat American Group

Greystone & Co.The Hilco OrganizationHunt Special Situations Group, L.P.InvescorKeen Consultants, LLCKoster Industries Inc.Libra Securities LLCMedical Capital CorporationMerrill Lynch CapitalMesirow FinancialMichael Fox InternationalMidwest Business CapitalMonterey Financial Services, Inc.The Nassi Group LLCNational City Business CreditNorthern Healthcare Capital LLCOne Source Risk Management &

Funding, Inc.PNC Business CreditPrime Locations LLCRabin WorldwideRepublic Finanical CorporationRetail Consulting ServicesSB Capital Group LLCSummit Investment ManagementSun Capital Inc.Sun Capital PartnersTextron Financial Asset Based Lending GroupTFC AssociatesTranzonUCC DirectWachovia Capital FinanceWinternitz, Inc.8




EVENT SPONSORS

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The Association of Certified TurnaroundProfessionals (ACTP) is pleased to offerthe following educational programs in conjunction with TMA’s 2007 AnnualConvention. All programs will be held at

the Boston Marriott Copley Place. The assigned meeting room for the Body of Knowledge (BOK) courses and exams will be detailed in your confirmation notice. The assigned meeting room for theAdvanced Educational Session will be detailed in your on-siteconference materials.

Annual convention registration is not required to register for the BOKcourses or to sit for the exams. Please use the registration form onpage 19 to sign up for courses and/or exams. Annual convention regis-tration is required to participate in the ACTP Advanced EducationalSession and any other convention activities.

BODY OF KNOWLEDGE COURSES

$400/course

★ Sunday, October 14, 9:00 a.m. – 4:00 p.m.: Accounting & Finance

★ Monday, October 15, 8:00 a.m. – 3:00 p.m.: Management

★ Tuesday, October 16, 9:00 a.m. – 4:00 p.m.: Law

Taught by a business school professor and a U.S. Bankruptcy Judge,these courses are open to all corporate renewal professionals seeking acomprehensive understanding or refresher on turnaround manage-ment. Additionally, these courses are perfect for individuals interestedin attaining the Certified Turnaround Professional (CTP) designation.As detailed below, the certification exam will be offered after eachcourse, and all three exams will be offered concurrently on Wednesday,October 17.

CTP CERTIFICATION EXAM

$250/exam section

★ Sunday, October 14, 4:30 p.m. – 7:00 p.m.: Accounting & Finance

★ Monday, October 15, 3:30 p.m. – 7:00 p.m.: Management

★ Tuesday, October 16, 4:30 p.m. – 7:00 p.m.: Law

★ Wednesday, October 17, 9:00 a.m. – 12:30 p.m.:Management, Law, and Accounting & Finance Offered Concurrently

ACTP has defined a comprehensive body of knowledge in the areas ofaccounting & finance, management and law upon which the certifica-tion exam in based. The times listed above indicate the maximum timeallowed for each exam section.

Please note that the CTP exam may only be taken by those individualswhose applications have already been accepted and approved by theACTP Standards Committee and whose application fee has beenreceived. An exam application may be printed from the ACTP Website, www.actp.org. Please use the registration form on page 19 to signup for the exam(s). Please note that the exam application fee may notbe paid using the registration form in this brochure. The applicationfee must be accompanied by a completed application.

For more details about the courses and/or exams, please contact Nicole Gibby, Manager of ACTP Relations, at 1-312-242-6034 [email protected] or visit www.actp.org.

GENERAL INFORMATION FOR ACTP SESSIONS ONLYThe information below applies only to ACTP sessions. Similarinformation regarding the TMA convention may be found on page14 of this brochure.

REGISTRATION POLICIES

Body of Knowledge (BOK) Courses/ExamsRegistration forms must be mailed or faxed. Phone registration is notaccepted. Your registration is not considered complete until paymentis received and processed. Written confirmation of your registrationand appropriate course materials will be sent by UPS Ground Servicewithin three business days of receipt of your registration. The confir-mation notice will contain complete details about the course/examvenue(s), lodging and other relevant details. The course materials arean integral part of the course experience and/or exam preparation.To ensure that you are adequately prepared for the course(s) and/or

ACTP SESSIONSACTP SESSIONS ACTP Advanced Educational SessionWednesday, October 17, 4:00 p.m. – 5:30 p.m.

$95/person

“How a Slipper Company Regained its Footing”Charles A. KennedyVisiting Lecturer, University of Pittsburgh Katz Graduate School of Business

J oin your colleagues as you identify the issuesthat have brought R.G. Barry, the manufac-

turer and marketer of Dearfoam® slippers, to the point of financial crisis. Globalization of manufacturing andcustomer consolidation led to the company’s implementation of athree-year strategic plan to expand manufacturing in Mexico andbroaden its product mix and customer base. Over the time framecovered by this strategic plan, the company lost $33 million and the company’s share price fell from a high of $24.625 in 1994 to$2.08 by early 2004. The company was in default on its amendedbank loan after year-end 2003 and the lender demanded that it bereplaced. Your work groups will examine the corporate structure,sales processes, operations, distribution system and financial situa-tion as you develop a comprehensive strategy that will reverse thetrend of significant losses at the company and develop a businessmodel that will lead to success going forward.

Charles A. Kennedy has participated in many corporate finance and investment banking areas, including private equity financings,technology public equity offerings, mergers & acquisitions, venturecapital investing and asset securitizations while working for DainRauscher Wessels (DRW), Credit Suisse First Boston, PNC Bankand Westinghouse Credit. Currently, Kennedy teaches severalcourses covering corporate finance and financial services topics atthe University of Pittsburgh’s Katz Graduate School of Business,where he received the MBA Class of 2007’s “Teacher of the Year”award. In addition to his teaching responsibilities, Kennedy providesfinancial and strategic advisory services to private-equity financed,high-growth and turnaround companies.

You must be a registered attendee of the 2007 Annual Conventionto attend this session. The CTP designation is not required toattend this session. Please use the registration form on page 19 to sign up. For more information, contact Laura Ivaldi, TMADirector of Continuing Education Services, at 1-312-242-6030 or [email protected]

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exam(s), ACTP encourages you to send a registration form in a time-frame that ensures adequate time to receive and review the materials.If you would like to receive the course materials in a timelier mannerthan UPS Ground Service will allow, please apply the appropriatesurcharge to your total amount due as indicated in the payment sectionon this page. If you do not receive your confirmation notice andmaterials within ten business days of registering, please contact Nicole Gibby at [email protected] or 1-312-242-6034.

The exam application and application fee are required to be on filewith ACTP before you may sit for an exam. For further details, pleasecontact Nicole Gibby at [email protected] or visit www.actp.org,from where you may print an application form.

Please use the form on page 19 to sign up for the courses and exams.

Advanced Educational SessionYou must be a registered attendee of the 2007 Annual Convention toattend this session. Please use the registration form on page 19 to signup. The CTP designation is not required to attend this session; thesession is open to all corporate renewal professionals.

CANCELLATION/SUBSTITUTION POLICIES Body of Knowledge (BOK) CoursesNotification of cancellation must be received in writing (email isacceptable). Cancellations will not be reviewed or processed until theyare received in writing. Phone cancellation is not accepted. If yourwritten notification of cancellation is received up to ten business daysprior to the start of the BOK course, you will be issued a full credit tobe used for registration for any BOK course in the next 12-monthperiod. Cancellations received within ten business days of the start ofthe course will be issued a credit, less a $75 processing fee, to be usedfor registration for any BOK course in the next 12-month period.No refunds will be given.

Substitutions for BOK courses are permitted at any time. Notificationof substitution must be submitted in writing (email is acceptable).Substitutions will not be reviewed or processed until they are receivedin writing. Phone substitution is not accepted. The substitute must befrom the same firm as the original registrant, and the substitutionnotice should include accurate contact information for the substitute registrant.

ExamsNotification of cancellation must be received in writing (email isacceptable). Cancellations will not be reviewed or processed until theyare received in writing. Phone cancellation is not accepted. For eachcancelled exam section, you will be issued a full credit to be used forthe same exam section in the next 12-month period. Substitutions arenot permitted for the exam.

If your cancellation notice includes cancellation of the TMA AnnualConvention, please note that TMA’s cancellations policies detailed onpage 16 of this brochure will apply to the convention portion of yourregistration. ACTP’s policies outlined above will apply to the coursesand exams.

Advanced Educational SessionNotification of cancellation must be submitted in writing (email isacceptable). Cancellation of this session only that is received before

Wednesday, October 3, 2007, will be refunded less a $25 cancellationfee. Cancellation of the entire annual convention, including theACTP Advanced Educational Session, received before Wednesday,October 3, 2007, will be refunded for the total amount paid less a$250 processing fee. Cancellations received after Wednesday,October 3, 2007, will not be refunded.

Substitutions are permitted at any time and must be submitted inwriting (email is acceptable). Substitutions will not be reviewed orprocessed until they are received in writing. Phone substitutions are not accepted. The substitute must be from the same firm as theoriginal registrant and must be a registered attendee of the 2007Annual Convention.

PAYMENTChecks should be made payable to TMA. TMA accepts Visa,Mastercard and American Express. If you would like overnightdelivery of your course materials, please apply the appropriatesurcharge listed below:

Within the United States$35 for one binder$45 for two binders$55 for three binders

Registration and payment may be completed using the registrationform on page 19.

CONTINUING EDUCATION CREDITThis information applies to ACTP sessions only. For details aboutcontinuing education credit for sessions that are part of the TMAconvention program, please see page 15 of this brochure. ACTPsessions provide a comprehensive overview of topics relevant to thepractice of corporate renewal. There is no prerequisite or advancestudy necessary to attend ACTP sessions or to qualify for continuingeducation credit.

Body of Knowledge Courses• CPE – maximum 6.5 hours of CPE for accountants*• CTPs – maximum 6.5 hours toward the CTP designation • CLE – upon request, ACTP can apply to individual states for

the law section only

Advanced Educational Session• CPE – maximum 1.5 hours of CPE for accountants*• CTPs – maximum 1.5 hours toward the CTP designation • CLE – this session is not eligible for CLE for attorneys

*The Association of Certified TurnaroundProfessionals is registered with the NationalAssociation of State Boards of Accountancy(NASBA) as a sponsor of continuing professionaleducation on the National Registry of CPE

Sponsors. State boards of accountancy have final authority on theacceptance of individual courses for CPE credit. Complaintsregarding registered sponsors may be addressed to the NationalRegistry of CPE Sponsors, 150 Fourth Avenue North, Ste. 700,Nashville, TN, 37219-2417. Web site: www.nasba.org For moreinformation regarding administrative policies such as complaint and refund, please contact ACTP at 1-312-578-6900.

Outside the United States$70 for one binder$90 for two binders$110 for three binders

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S teeped in history, the city that gave birth to a nation is also young,vibrant and ethnically mixed, home to a thriving arts community,classic architecture, a world-class symphony orchestra and outstand-

ing higher education. With a wide array of diverse and interesting attractions,visitors to Boston are never at a loss for something to do. For more informa-tion on Boston, visit www.BostonUSA.com, or contact the Greater BostonConvention and Tourism Bureau at 1-888-733-2678.

TOURSDuck Tours offer a unique 80-minute tour of Boston in a World War II amphibious landing vehicle, wind-ing through Back Bay, Beacon Hill and the North End,and ending with a splashdown into Charles River.Duck tours depart hourly from the Prudential Center,located across from the Marriott Copley Place. Formore information, visit www.bostonducktours.com.

Bean Town and Old Town Trolley Tours provide aninsider’s view of Boston on San Francisco-style trolleycars. Choose from several stops with over 100 points of interest on either a two-hour narrated tour, or

tour at your leisure. Trolley tickets are sold at The Shops at Prudential Center,across from the Marriott Copley Place. For more information, visit

www.beantowntrolley.com or www.oldtowntrolley.com/Boston.htm.

The Freedom Trail is a walking tour encompassing 16 of the most significant sites in American history. The 2.5 mile-long Freedom Trail leads from Boston Common to Bunker Hill Monument and is an excellent wayto tour the city’s diverse neighborhoods and

historic places. The stops includethe Massachusetts State House;

King's Chapel; Old Corner Bookstore; thesite of the Boston Massacre; and Paul RevereHouse. Visit www.thefreedomtrail.org for more information.

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EVENTSHead of the Charles, October 20-21, 2007, is theworld’s largest two-day rowing event, featuring morethan 4,500 athletes from around the world compet-ing in 19 race events. A Boston tradition for 43 years,the regatta attracts more than 300,000 spectatorsannually. Learn more at www.hocr.org.

ATTRACTIONSThe Boston Symphony Orchestra is a memo-rable experience, featuring impeccable perform-ances by talented artists from around the world. Visit www.bso.org for a schedule of performances.

Boston Public Garden, established in 1837, is the first public botanicalgarden in the United States, featuring plant material chosen for ornamental excellence and botanical diversity. For more information, visit www.swanboats.com/new/public_garden.shtml.

USS Constitution, dubbed “Old Ironsides,”was launched in 1797 and enjoyed almost100 years of undefeated service. Nicknamedin 1812 for her ability to deflect cannonswith her “ironsides,” the USS Constitution isthe oldest fully commissioned vessel in theworld and the symbolic flagship of the U.S.Navy. Details on cannon firing schedules and ship tours may be found at www.ussconstitution.navy.mil.

DESTINATION: BOSTON


USS Constitution

“Old Ironsides”‘


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The Prudential Tower Skywalk Observatory is New England’s tallest observatory and Boston’s only sky-high vantage point, offeringpanoramic city views. For a unique dining experience, visit the Top ofthe Hub Restaurant for stunning 360-degree views of Boston. For more information, visit www.prudentialcenter.com.

SPORTSFenway Park, home of the Red Sox, is Boston’s hallowed “field ofdreams” and a mecca for baseball fans across the globe. It’s the oldest-running Major League ballpark in the country, known for its infamous“Green Monster,” a large wall built in 1936 to shield overlookingwindows. For more information, visit www.fenwaypark.com.

TD Banknorth Garden (formerly Fleet Center) is New England’s premiersports and entertainment arena. Spectators can experience the BostonBruins (NHL) and Celtics (NBA), as well as special events, concerts,family shows and the Sports Museum of New England. For moreinformation, visit www.tdbanknorthgarden.com.

SHOPPINGShops at Copley feature more than 100 stores, including Barney’s, Louis Vuitton, Gucci, Tiffany & Co. and Williams-Sonoma, all connectedto the Marriott and within walking distance from historic landmarks such as Boston Public Garden. For more information, visit www.shopcopleyplace.com.

Faneuil Hall has served as an open-forum meeting hall and marketplace for more than 250 years. Housed in three restored 19th century buildings, 125 shops and 21 restaurants offer tantalizing delicacies, unique giftsand exciting street performances. For details, visit www.faneuilhallmarketplace.com.

Back Bay/Newbury Street is one of Boston’s mostsophisticated niches, offering eight blocks of spas, bars, sidewalk cafés,restaurants, art galleries and exclusive boutiques, including Armani,Hermés, Brooks Brothers and the famed Louis Boston. For more infor-mation, visit www.newbury-st.com.

Shops at Prudential, located across from the Marriott Copley Place,offer a variety of stores and restaurants, including Saks Fifth Avenue,Lacoste and Jasmine Sola. Visit www.prudentialcenter.com

for more information.

Harvard Square, with its edgy shops, pubs, clubs, lively café scene and elegantrestaurants, represents the diversity of Cambridge. People-watch at “the Pit,” play chess outside Holyoake Center, browse bookshops, visit the quads ofHarvard Yard or enjoy the talented street performers and musicians over an ice cream from Toscanini’s. For a taste of Harvard Square, visit www.harvardsquare.com.

ARCHITECTURE & HISTORYMust-sees for history and architecture buffs are the Old State House, the oldest surviving public build-ing in Boston; Trinity Church, currently ranked one of the top ten public buildings in the nation; the Old North Church (officially called Christ Church),famous for its “one if by land, two if by sea” historicalsignificance; Boston's first skyscraper, the sixteenfloor Customs Tower; and the Boston Public Library, a mock-Italian Renaissance building built in 1887, andmany more. Visit www.BostonUSA.com.

Beacon Hill embodies the spirit of Boston, featuring some of thegreatest Federal, Victorian, andGeorgian architecture in the United States. The area, a NationalHistoric District, is posh andpicturesque, with its wrought ironfencing, gaslights and quaint, brick-laid sidewalks. Learn more at www.beaconhillonline.com.

Together with the Boston Public Garden, BostonCommon is part of the oldest public park in NorthAmerica, designed by Frederick Law Olmsted.Established in 1634 as a training ground for the colonial militia, the 48-acrecommon is used today for leisurely strolls, picnicking and skating on Frog Pond.





REGISTRATION FEESUnless otherwise indicated, registration fees include educational sessions, meals and socialfunctions. Convention events are not pro-rated. To attend any portion of the conven-tion, you must register for the entire convention at the appropriate fee as indicatedon the registration form on page 19. The registration fee allows admission for oneindividual only. Registrations may not be shared. All registered attendees will receive a name badge at the convention that must be worn for admittance into all sessions, meals,social events and the exhibit hall.

REGISTRATION CATEGORIESAll corresponding fees may be found on the registration form on page 19.

★ The member registration fee is for current, active TMA members. Please note that TMA membership is on an individual basis. Unless otherwise appropriate as definedbelow, all other attendees will be charged the nonmember fee. If it comes to be that anindividual registers at the member rate, and TMA has no membership record, the individ-ual will be charged the nonmember rate unless s/he can produce proof of membership.

★ For the judge/full-time academic/government employee registration fee, a full-timeacademic is defined as a student enrolled in at least 12 credit hours per term at anaccredited university or an instructor employed on a full-time basis by an accredited uni-versity. Please submit appropriate documentation with your registration form.

★ The Spouse/Guest Full Registration fee is for family members, friends and/or non-industry related individuals. TMA members are not eligible for this registration option.Individuals who practice in the corporate renewal industry and who are not TMAmembers are also not eligible for this registration option. Spouse/guest full registrationincludes entrance to all meals, social functions, keynote presentations and the exhibithall. Spouses/guests will receive a name badge at the convention that must be worn foradmittance into these events. Except for the event pass detailed below, meals and socialfunctions are not available on a pro-rated basis for spouses/guests. To attend any of the sessions included in this fee, you must register your spouse/guest at the full spouse/guest rate.

★ The Spouse/Guest Event Pass is for family members, friends and/or non-industryrelated individuals. TMA members are not eligible for this pass. Individuals who practicein the corporate renewal industry and who are not TMA members are also not eligiblefor this pass. The pass allows entry into the following events only: OpeningReception (Wednesday, October 17); Exhibitor Reception (Thursday, October 18);Gala Cocktail Reception (Friday, October 19); and Dinner/David Feherty KeynotePresentation/Teachers Awards Presentations (Friday, October 19). Access to otherkeynote presentations, awards presentations, social/meal events or the exhibit hallrequires full spouse/guest registration as detailed above.

★ On-site registration for members, nonmembers, and judges/full-time academics/government employees will be subject to an additional $100 surcharge (added to thepost-August 31 fees). This fee does not apply to the ACTP sessions, Spouse/Guest Full Registration, or Spouse/Guest Event Pass.

SUBMITTING YOUR REGISTRATIONRegistration forms must be mailed or faxed to TMA. Complete contact information may be found on the registration form on page 19. You may also register online atwww.turnaround.org. Phone registration is not accepted. Registrations are not consideredcomplete until payment is received. Individuals who register for the early registrationrate but fail to provide payment before the Friday, August 31, 2007, deadline will becharged the regular registration fee (note: the registration form and payment must bereceived, not postmarked, by August 31. Postmarks will not be considered.).

GENERAL INFORMATION

QUESTIONS?Executive DirectorLinda Delgadillo, CAE1-312-578-6900 or [email protected]

Convention Registration, Substitution, CancellationCatherine Cram1-312-242-6036 or [email protected]

Overall Convention, Speakers, Student Paper CompetitionLaura Ivaldi1-312-242-6030 or [email protected]

ACTPNicole Gibby 1-312-242-6034 or [email protected]

Event Sponsorship, Exhibit Hall, Cornerstone ProgramJoe Karel1-312-242-6039 or [email protected]

PressCecilia Green, APR, CAE1-312-242-6031 or [email protected]

Chapter Relations Dale West1-312-242-6038 or [email protected]

MembershipMary Carravallah1-312-242-6037 or [email protected]

Turnaround and Transaction AwardsDonna Steigerwald1-312-242-6040 or [email protected]

Butler-Cooley Teaching AwardsMichele Drayton1-312-242-6044 or [email protected]

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Registered attendees will receive written confirmation of their registration,containing important convention details, by email (for those individuals whoregister online, this is an additional notice to that which you automaticallyreceive after your registration is processed). Please carefully review thisconfirmation notice for accuracy and please print a copy for your records.Changes must be submitted in writing by fax to 1-312-578-8336 or email toCatherine Cram at [email protected]. Because of the time required toprocess registration, TMA cannot guarantee that you will receive this writtenconfirmation notice prior to the start of the convention if your registration form is received after Friday, October 5, 2007. A written confirmation is notrequired for admittance into the convention.

PRE-REGISTRATION DEADLINEOnly on-site registration forms will be accepted after Wednesday, October 10,2007. TMA will not accept any registration forms or substitution notices inadvance of the convention after Wednesday, October 10, 2007. On-site registra-tion opens at the Boston Marriott Copley Place on Wednesday, October 17, 2007,at 10:00 a.m. Please note that there is a $100 on-site registration surcharge forcertain registration categories (there is no surcharge for on-site substitution).Please consider submitting your registration prior to Wednesday, October 10.

REGISTRATION LISTTo ensure your inclusion in the registration list distributed on-site, yourregistration form, with payment, must be received at TMA’s internationalheadquarters office by 5:00 p.m. Central on Friday, October 5, 2007.TMA cannot guarantee that individuals who submit registration forms after thisdate will be included in the registration list.

DRINK TICKETSEach registered attendee of the 2007 Annual Convention (including individualsregistered for the Spouse/Guest Full Registration fee) will receive six complimen-tary drink tickets with their on-site registration materials. Individuals registeredfor the Spouse/Guest Event Pass will receive four complimentary drink tickets.Drink tickets are required for the following events only: Opening Reception(Wednesday, October 17), Exhibitor Reception and Grand Prize Drawing(Thursday, October 18) and the Gala Cocktail Reception (Friday, October 19).Drink tickets are not required at any other events. Drink tickets are for alcoholicbeverages only (includes beer, wine and liquor). Soft drinks, juice and water areavailable at no charge. The bars at the receptions that require drink ticketswill not take cash. Additional drink tickets may be purchased at the TMAregistration desk. Tickets will only be sold in books of six for $40 per book.

CYBER CAFÉCo-sponsored in part by Loeb & Loeb LLPStay connected while away from the office at TMA’s Cyber Café. Connect to theInternet, check email or update and print documents on one of several computerworkstations. The Cyber Café is located in the exhibit hall and will be openduring the following hours:

Wednesday, October 17, 6:00 p.m. – 7:30 p.m.

Thursday, October 18, 9:30 a.m. – 1:00 p.m.; 3:15 p.m. – 7:30 p.m.

Friday, October 19, 7:30 a.m. – 10:30 a.m.

ATTIRE• Educational Sessions: Business Casual• Receptions: Business

Business Casual: For men, includes cotton pants such as khakis, polo-type orbutton-down collared shirts, sport coats. For women, includes slacks or cottonpants, button-down shirts or top.

Business (After Five Attire): For men, includes collared, button-down shirts, suit and tie. For women, includes pant/skirt suits or dresses.

CONTINUING EDUCATION CREDITThis information applies to all educational sessions NOT preceded by “ACTP.” For details about continuing education credit for ACTP sessions, please see page 11 of this brochure. Educational sessions at the 2007 Annual Conventionprovide an overview and update of topics relevant to the practice of corporaterenewal. There is no prerequisite or advance study necessary to attend the 2007 Annual Convention or to qualify for continuing education credit.

• CPAs — maximum 8.0 hours*

• CTPs — maximum 8.0 hours toward their CTP designation

• Attorneys — maximum 8.1 hours (based on a 50-minute hour) or 6.75 hours(based on a 60-minute hour), depending on how individual states calculateCLE and pending the outcome of applications to those state bars. Please visitwww.turnaround.org for updates.

*The Turnaround Management Association is registered with theNational Association of State Boards of Accountancy (NASBA) as asponsor of continuing professional education on the National Registryof CPE Sponsors. State boards of accountancy have final authority on

the acceptance of individual courses for CPE credit. Complaints regarding registeredsponsors may be addressed to the National Registry of CPE Sponsors, 150 FourthAvenue North, Ste. 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. For more information regarding administrative policies such as complaint and refund,please contact TMA at 1-312-578-6900.

To reserve a room at the Boston Marriott Copley Place, please call 1-800-228-9290 or 1-617-236-5800. Mention TurnaroundManagement Association to receive the specially negotiated room rate of $257 per night single occupancy or $277 per night doubleoccupancy. These rates are only guaranteed through Monday, September 17, 2007. TMA cannot guarantee that the room blockor hotel will not sell out before then. Please make your reservation soon.

The Boston Marriott Copley Place is located at 110 Huntington Avenue, Boston, MA, 02116. The guest fax number is 1-617-236-5885.

TMA requires that a convention registration form (which includes payment) be received within ten business days of making a hotelreservation. TMA reserves the right to terminate the hotel reservation of any individual who does not comply with this policy.

HOTEL INFORMATION: THE BOSTON MARRIOTT COPLEY PLACE

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The policies below apply to all TMA convention activities. Cancellation policies forthe ACTP sessions are detailed on page 11.

CANCELLATION POLICYNotification of cancellation must be submitted in writing (email is acceptable).Cancellations will not be reviewed or processed until they are received in writing. Phone cancellations are not accepted.

Cancellations received on or before Wednesday, October 3, 2007, will be refundedas follows:

★ Entire Convention Cancellation: Attendee will receive a refund for the total cost ofconvention less a $250 processing fee. If the cancellation also includes cancellation of a Spouse/Guest registration (any of the spouse/guest registration options), the refundwill be for the total of all registrations less the $250 processing fee.

★ Spouse/Guest Full Registration Cancellation Only: Attendee will receive a refund for the cost of spouse/guest full registration less a $150 processing fee.

★ Spouse/Guest Event Pass Cancellation Only: Attendee will receive a refund less a $50processing fee.

Refunds will be issued following the convention, no later than November 16, 2007.

Cancellations received after Wednesday, October 3, 2007, will not be refunded.This includes the entire convention registration and/or any portion of the registration. TMA does not issue credits for future conferences.

Please note that if you register for the convention after these cancellation dates havepassed, you will not be eligible for any type of refund. These cancellation policies apply toall individuals, regardless of when the registration form is submitted.

Note regarding TMA Membership Renewal: Unless otherwise indicated in your cancel-lation notice, TMA will not cancel the membership renewal portion of any registration. If you would like to cancel the membership renewal portion of your registration, pleaseindicate that within your cancellation notice. Cancelled membership renewals will berefunded in full at any time.

SUBSTITUTION POLICYSubstitutions are permitted at any time. Substitutions must be submitted in writing(email is acceptable). Substitutions will not be reviewed or processed until they arereceived in writing. Phone substitutions are not accepted. The substitute must be fromthe same firm as the original registrant, and the substitution notice must contain accuratecontact information for the new registrant; otherwise, TMA cannot guarantee an accuratelisting in the registration list. Substitutions must be of the same membership status/category (e.g., member, nonmember, academic); otherwise, the substitute will be invoicedfor the difference in registration fees. Please note that substitutions made after October 5,2007, may not be reflected on the registration list, per the policy on page 15.

★ Entire Convention Substitution: Substitution of an entire convention registrationincludes all registered options (e.g., either spouse/guest registration option, ACTPevents). If the substitute does not wish to utilize one or more of these options, refundswill be issued in accordance with the policies detailed (1) above for full convention and spouse/guest registration (2) on page 11 for ACTP events.

★ Spouse/Guest Full Registration or Event Pass Substitution: Substitutions are allowed for the spouse/guest registration options provided that the substitute is a spouse/guestof a member of the same firm as the original registrant, meaning spouse/guestregistration is transferable only within the same firm.

Note regarding Membership Renewal: Membership renewals are non-transferable. In the case of a substitution for an entire convention registration, the membership renewalwill stay with the original registrant.

GROUND TRANSPORTATIONThe Boston Marriott Copley Place is located approximately fivemiles from Logan International Airport (BOS).

Note: For those individuals extending their stay in Boston throughOctober 20-21, don’t miss the 43rd Annual “Head of the Charles”regatta, the world’s largest rowing event. This annual eventattracts nearly 300,000 spectators for a fabulous weekend ofregatta races along the Charles River, showcasing some of thefinest athletes in the sailing world. Please allow additional traveltime when making travel arrangements over these dates.

Taxicab ServiceTaxicabs are available on the lower level of BOS. Taxicab fare to theMarriott is approximately $25 - $35, with a travel time of approxi-mately 20-25 minutes, depending on traffic. Taxicabs are readilyavailable at both the airport and the Marriott. All areas within 12miles of downtown Boston are charged a metered rate of $2.25 for the first 1/8 th of a mile, $0.30 for each additional 1/8 th of a milefor one to four passengers. There is a $2.00 airport fee and $4.50tunnel fee for trips from the airport. Trips to the airport will becharged a $2.25 tunnel fee. Trips beyond 12 miles are charged aflat rate of $2.60 per mile.

Shuttle ServiceVarious companies provide shared-ride shuttle service betweenBOS and several Boston hotels, including the Marriott Copley Place.Shuttles depart on a first-come, first-served basis from the lowerlevel of BOS between 5:30 a.m. and 2:00 a.m. seven days per week(times vary depending on the provider). Shuttle cost is approxi-mately $14 each way, depending on the provider. Travel timebetween BOS and the Marriott is approximately 45 minutes,including stops at other hotels. Reservations are not required forservice from BOS to the Marriott but are required for service fromthe Marriott to BOS. Please note that reservations from the hotel to BOS require a departure time of at least three hours prior to scheduled flight time. For a complete list of shuttle service pro-viders, visit http://www.massport.com/logan/getti_typeo_share.html.

GROUND TRANSPORTATION





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CANCELLATION &SUBSTITUTION POLICIES


Sedan ServiceTo arrange private car service, please contact the conciergedesk at the Boston Marriott Copley Place by calling 1-617-937-5633 at least two hours prior to departure.Approximate cost is $96 each way, inclusive of tolls,gratuities and fees. Limousine stands are located at thefollowing airport locations: Terminal A, arrivals level, outersurface lot area; Terminal B, U.S. Airways, departure level,curbside, American Airlines departure level, curbside;Terminal C, departure level, outermost curb areas; Terminal E, arrivals level, outermost curb area. Advancereservations are required.

Driving from BOS to the Boston Marriott Copley PlaceFollow signs for Boston/Sumner tunnel. After paying thetoll, stay in the right lane in the tunnel. Follow signs for Exit 26/Storrow Drive. After you emerge from the tunnel,take the second left exit to Copley Square/Back Bay. At thefirst light, turn right onto Beacon St. Follow Beacon St. for 4 blocks and make a left on to Exeter St. After 5 lights,Exeter St. ends at Huntington Ave. Turn right ontoHuntington Ave. At the first light, under the sky bridge,make a u-turn to the left. The hotel entrance will beimmediately on your right.

Parking at the Boston Marriott Copley PlaceValet parking is available for $41/day with unlimited in/outservice. Self-parking is available for $32/day or approxi-mately $10/hour, with no in/out privileges. Street parking is metered and limited to 2 hours.

Car RentalIf you plan to rent a car in the Boston area, please note that TMA members may receive as much as ten percent offregular car rental rates from Avis. For more information,call Avis at 1-800-331-1212. Individuals calling from outsidethe United States may find the appropriate phone numberfor the country from which they are calling by visitingwww.avis.com and selecting Customer Service, thenFeedback/Worldwide Phone Numbers. Mention identifica-tion number V368995 to the telephone agent to take advantage of the TMA member discount.

■ Abacus Advisors Group LLC■ AccuVal Associates, Inc.■ American Management Advisors Inc.■ Anderson Bauman Tourtellot Vos■ Andrew M. Toft, Attorney at Law■ ARG Recovery, LLC■ Atlas Partners, LLC■ Bank of America Business Capital■ BBK■ Beane Associates, Inc.■ Bederson & Co., LLP■ Bond, Schoeneck & King, PLLC■ Buccino & Associates, Inc.■ Cadwalader, Wickersham & Taft LLP■ Cairncross & Hempelmann, P.S.■ CapitalSource■ Continental Advisory Services, LLC■ Conway MacKenzie & Dunleavy■ Cooley Godward Kronish LLP■ The Daley-Hodkin Group■ Deloitte Financial Advisory Services LLP■ DrinkerBiddleGardnerCarton■ DLA Piper US LLP■ Executive Sounding Board Associates Inc.■ Fennemore Craig, P.C.■ First American Corp. - UCC Division■ Focus Management Group ■ Forman Holt Eliades & Ravin LLC■ FTI Consulting, Inc.■ Getzler Henrich & Associates LLC■ Gordon Brothers Group, LLC■ Grant Thornton LLP■ Health Capital Investors, Inc.■ Huron Consulting Group■ Jager Smith P.C.

■ JPMorgan Chase & Co.■ KPS Special Situations Funds■ Kugman Associates■ Lake Pointe Partners, LLC■ The Meridian Group■ Meriturn Partners, LLC ■ Mesirow Financial Consulting, LLC■ Midwest Business Capital ■ Morris-Anderson & Associates, Ltd.■ NachmanHaysBrownstein, Inc.■ Northern Healthcare Capital, LLC■ Penn Hudson Financial Group LLC■ Phelps Consulting Group■ Prime Locations LLC■ Quarles & Brady LLP■ Quest Turnaround Advisors, LLC■ RAS Management Advisors, Inc.■ Republic Financial Corporation■ Retail Consulting Services■ Rhone Group Advisors■ Riemer & Braunstein LLP■ RJ Reuter Business Consulting■ Rochelle, Hutcheson & McCullough, LLP ■ Ruskin Moscou Faltischek, P.C.■ San Filippo & Associates, LLC■ SB Capital Group, LLC■ The Scotland Group, Inc.■ Sullivan & Worcester LLP■ Treadstone Partners, LLC■ Trimingham Inc.■ Tucker Arensberg, P.C.■ Wachovia Capital Finance■ White Oak Group■ Windham Professionals, Inc.■ Wiss & Company, LLP■ XRoads Solutions Group

TMA would like to acknowledge the support of its Cornerstone 15 campaign donors. TheCornerstone 15 campaign was launched in 2003 during the TMA’s 15th anniversary celebration to establish a new board-designated endowment dedicated to industry research and the development of continuing education programs.

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★ CORNERSTONE DONORS ★

Cornerstone Capital Donors• Bank of America Business Capital

• Gordon Brothers Group, LLC

• Huron Consulting Group

Cornerstone Donors• CIT

Leadership Donors• Deloitte Financial Advisory Services LLP

• DrinkerBiddleGardnerCarton

• Realization Services, Inc.

• Skadden, Arps, Slate, Meagher & Flom LLP

Sustaining Donors• Abacus Advisors Group LLC

• Anderson Bauman Tourtellot Vos

• Bank of America Commercial Finance

• BBK

• Cooley Godward Kronish LLP

• DoveBid Valuation Services

• Mesirow Financial Consulting, LLC

• Morris-Anderson & Associates, Ltd.

• NachmanHaysBrownstein, Inc.

• Prime Locations LLC

• The Scotland Group, Inc.

• Wachovia Capital Finance

• Wells Fargo Business Credit, Inc.

Benefactor Donors• AEG Partners, LLC• AlixPartners, LLC• Atlas Partners, LLC • Buccino & Associates, Inc.• Cadwalader, Wickersham & Taft LLP• Corporate Renewal Services, Inc.• Executive Sounding Board Associates Inc.• Forman Holt Eliades & Ravin LLC • FTI Consulting, Inc.• JPMorgan Chase & Co.• Lake Pointe Partners, LLC• Quarles & Brady LLP• Riemer & Braunstein LLP• Trimingham, Inc.• Wells Fargo Foothill• White Oak Group• XRoads Solutions Group

Patron Donors• Atwell, Curtis & Brooks, Ltd./

University Management Associates &Consultants Corp.

• Aurora Management Partners Inc.• Bear Stearns & Co.• The Belet Group, Inc./Belet Acquisitions, Inc.• Blank Rome LLP• Carl Marks Advisory Group LLC• Conway MacKenzie & Dunleavy• FINOVA Capital Corporation• Horizon Management Inc.• Kugman Associates• The Nassi Group, LLC• NatCity Investments Special Situations Group• Philip + Company, Inc.• RAS Management Advisors, Inc.• Retail Consulting Services• San Filippo & Associates, LLC• Schulte Roth & Zabel LLP• Wells Fargo Bank, N.A.• Wells Fargo Retail Finance

Supporter Donors• AccuVal Associates Inc• Allomet Partners, Ltd.• American Management Advisors Inc.• Andrew M. Toft, Attorney at Law• ARG Recovery, LLC• Beane Associates, Inc.• Bederson & Co. LLP• Bond, Schoeneck & King, PLLC• Cairncross & Hempelmann, P.S.• Caledonia Group Inc.• Capital Restoration, LLC• CapitalSource• Continental Advisory Services, LLC• The Daley-Hodkin Group• Dickinson Wright PLLC• DLA Piper US LLP • EMCC, Inc.• Emerald Technology Valuations, LLC• Fennemore Craig, P.C.• The Finley Group• First American Corp. - UCC Division• Focus Management Group • Fort Dearborn Partners, Inc.• Getzler Henrich & Associates LLC• Gibson, Dunn & Crutcher LLP• Giuliani Capital Advisors LLC• Great American Group

• Harvard Turnaround Management• Health Capital Investors, Inc.• The Hilco Organization• Hill & Gertner Capital Corporation• Houlihan Lokey Howard and Zukin• HSG Services Inc.• Jager Smith P.C.• Joe Foster Real Estate Advisors• KBK Financial, Inc.• KPS Special Situations Funds• Lain Faulkner & Co.• LBC Credit Partners, Inc.• McShane Group• Mehmco Financial Services Inc.• The Meridian Group• Meriturn Partners, LLC• Michael Fox International Inc.• Midwest Business Capital• Miles & Stockbridge P.C.• Modesitt Associates, Inc.• The Nauset Group, Inc.• Northern Healthcare Capital, LLC• The Parkland Group, Inc.• Penn Hudson Financial Group, LLC• Phelps Consulting Group• Phoenix Advisors & Collections, Inc.• Phoenix Management Services, Inc.• Project Executive Group, Inc.• Protiviti• Quest Turnaround Advisors, LLC• Renaissance Partners, L.C.• Republic Financial Corporation• Rhone Group Advisors• RJ Reuter Business Consulting• Rochelle, Hutcheson & McCullough, LLP• RSM McGladrey• Ruskin Moscou Faltischek, P.C.• SB Capital Group, LLC • Sherman, Lavallee & Associates, LLC• State Securities PLC (United Kingdom)• Sterling Supply Co.• Stout Risius Ross, Inc.• Strategic Management Partners, Inc.• Stutman, Treister & Glatt• Sullivan & Worcester LLP• TeamWork Technologies, Inc.• Tono-Bungay Consulting, Inc.• Treadstone Partners, LLC• Tucker Arensberg, P.C.• Windham Professionals, Inc.• Winternitz, Inc.• Wiss & Company, LLP

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ONLINE AT WWW.TURNAROUND.ORG. You may also register online atwww.turnaround.org. Please note that pre-registration will only beaccepted through Wednesday, October 10, 2007. After that date, only on-site registration will be accepted. Please note on page 14 that certainregistration categories are subject to an on-site registration surcharge.

HOTEL RESERVATIONS. Contact the Boston Marriott Copley Place at 1-800-228-9290 or 1-617-236-5800. Mention Turnaround ManagementAssociation to receive the reduced room rate of $257 per night/single or $277 per night/double occupancy. These rates are only guaranteed throughMonday, September 17, 2007. See page 15 for more details.

Full Name _____________________________________________________

Goes by (for badge) ______________________________________________

Company _____________________________________________________

Address _______________________________________________________

City _______________________________ State ________ Zip __________

Phone ______________________________ Fax ______________________

E-mail ________________________________________________________

■■ First Time Attendee at an Annual Convention

CONVENTION REGISTRATIONOn or before August 31 After August 31

Member $1145 $1345Nonmember $1345 $1545Judge/Full-time Academic/ $ 750 $ 950Government Employee

Spouse/Guest Registration (see page 14 for details about the options)

$520 Full Registration

$275 Event Pass*

If registering for either spouse/guest option, please complete the following, required information.

Spouse/Guest Name ______________________________________________

City ___________________________________ State __________________

FRIDAY DINNER REGISTRATION

To assist TMA in planning, please appropriately mark the box below. Pleasenote that dinner is included in the full convention, spouse/guest registrationand spouse/guest event pass fees.

■■ I will attend the dinner event on Friday, October 19.

■■ My registered spouse/guest will attend the dinner event on Friday, October 19.

* Includes Opening Reception, Exhibitor Reception, Friday Cocktail Reception,and Friday Dinner.

ACTP SESSIONS$ 95 ACTP Advanced Educational Session

“How a Slipper Company Regained its Footing” (see page 10 for details)

$400 Accounting & Finance Course$400 Management Course$400 Law Course

$250 Accounting & Finance Exam – Sunday, October 14$250 Accounting & Finance Exam –Wednesday, October 17

$250 Management Exam – Monday, October 15$250 Management Exam – Wednesday, October 17

$250 Law Exam – Tuesday, October 16$250 Law Exam – Wednesday, October 17

$___ Binder Shipping Surcharge (if applicable; see page 11 for details)

MEMBERSHIP RENEWALJoin or renew for 2007, if you haven’t already, or renew for 2008 at 2007 rates.

$275 Membership

$115 Government/Academic

$ 65 Student

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 ______________________________________

___________________________________________________

Questions about registration may be directed to Catherine Cram at 1-312-242-6036 [email protected]. Please carefully review all registration, cancellation and substitution policies detailed in this brochure.

Mail or fax your completed registration form and payment to:Before August 1, 2007:Turnaround Management Association100 S. Wacker Drive, Ste. 850Chicago, IL 60606Fax: 1-312-578-8336

Date rec’d _________________________ Date entered _________________Batch # ___________________________ Batch date ___________________Amt. Pd. ___________________________ Check # _____________________Conf # ____________________________ Conf. Sent ___________________Notes




OCTOBER 16 - 19 ★ BOSTON MARRIOTT COPLEY PLACE

BOSTON, MASSACHUSETTS

19

After August 1, 2007:Turnaround Management Association150 S. Wacker Drive, Ste. 900Chicago, IL 60606Fax: 1-312-578-8336



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Documents

TMA ANNUAL CONVENTION - Turnaround Management · PDF fileclients the pace of change continues to accelerate. ... CEO Milton Cooper responded, ... 2007 convention as one of the best