
The M&A Advisor had the inauguration of its first Annual Turnaround Awards on March 19, 2007 during The M&A Advisor Turnarounds Conference and Awards Dinner held at the Colony Hotel in Palm Beach, Florida.
The organization created the Turnaround Awards to enhance its dedication to promoting and recognizing excellence in middle-market company finance.
Some of the potential winners of the Turnaround Awards may be
relatively easy to spot, since a successful reorganization under
the Bankruptcy Code is an open process, leaving a paper trail laid
down under requirements of public notice to the community. However,
untold numbers of turnarounds occur in the shadows, and their
authors, too, should receive the honors due to them -- to the
extent they and their clients are willing to acknowledge such
delicate matters. Often circumventing need for recourse to the
bankruptcy laws, middle-market finance, legal, accounting, and
consulting professionals work diligently and discreetly with
distressed companies to aid their recovery from downturns and
missteps. Organizing timely refinancing or capital restructuring,
spotting saleable assets that don’t fit the mix, renegotiating debt
and payment schedules, helping to streamline internal procedures,
these advisors and financiers most often must work in the shadows
to keep their clients’ difficulties below the radar of creditors
and competitors.
The M&A Advisor Turnaround Awards include awards for successful
corporate recoveries under Bankruptcy and informal procedures. The
Awards honor the professional firms, investors, and consultants
whose activities save jobs and contribute to the country’s economic
health.
To view the press release and list of winners, please
CLICK HERE.
Past Turnaround Awards Winners:
Thank you for visiting the online community for mergers and acquisitions, financing, and turnaround professionals. Registration is complimentary to qualified professionals only.
© 2010 Created by The M&A Advisor.