Weekly Summary
November 11, 2022
Meet Our
Highlighted Sponsors
In 2012, Jolene Wee founded JWI. Jolene wanted to build a home for like-minded restructuring professionals and bring big-firm expertise to companies in the middle market. JWI built a reputation for successfully tackling complex cases with tight budgets. In 2019, JWI expanded to serve international clients primarily in Asia and formed a satellite office in our founder’s home country, Malaysia. In 2020, JWI further expanded its services to include fiduciary appointments after Jolene became the only person in the country to be chosen to serve by two U.S. Trustees in Regions 2 (SDNY and EDNY) and 4 (EDVA – Alexandria, MD, DC) as a Chapter 11 (Subchapter V) trustee. JWI is now home to more than 20 legal, finance and accounting professionals and continues to grow.

The above is an excerpt from our Sponsor's website. Learn more about JW Infinity Consulting, LLC, TMA NYC Silver Sponsor.
M3 Partners was founded with the mission of dedicating senior professionals with cross-functional expertise to efficiently develop actionable plans for identifying and maximizing value. We deploy small teams of senior professionals with deep experience across relevant industries and disciplines to rapidly identify challenges and opportunities and create practical plans to address them. We work to align our interests with those of our clients - and to align the interests of disparate stakeholders - so that all parties are focused on the common goal of maximizing value. We consistently produce superior results by efficiently creating strategies that are based upon common goals and then providing leadership in implementing those plans.

The above is an excerpt from our Sponsor's website. Learn more about M3 Partners, TMA NYC Silver Sponsor.
Operational and Financial Issues in the “Great Reopening”
By Mark D. Podgainy, Getzler Henrich & Associates LLC

U.S. Hotels have been on a roller coaster ride for the last 18 months, from the heights
of 2019 and early 2020 RevPar performance to the depths of Covid-19 lockdowns, and on to the “Great Reopening” and the Omicron variant. Though we are living in a rapidly changing environment, there are some issues and trends that are likely to be with us for the near-to-mid future that owners, operators, investors and lenders should
be aware of.

• Supply chain issues. Supply chain issues are causing shortages and higher prices for everything from guest supplies and food and beverage items to FF&E and repair and maintenance supplies, and are not going away any time soon. These issues will continue well into 2022 and possibly beyond, so securing alternative sources of supply…

New Members
Upcoming Events
The Restructuring of Danfurn LLC: A Panel Discussion
Wednesday, November 16, 2022
6:00 PM - 8:00 PM EST
TMA NYC Webinar: The Future of Retail Restructuring
Thursday, December 1, 2022
12:00 PM - 1:15 PM EST
The TMA NYC’s Marketing & Communications Committee has launched a semi-annual newsletter as a platform intended to promote our members’ achievements and provide educational and newsworthy content to the membership and the restructuring industry at-large. We are now planning our 4th Edition! This is a call for content.

Submit articles by November 15, 2022
Submit newsworthy updates by December 2, 2022
Catch up on past webinars
TMA members can watch past webinars and earn credits! Sign in and catch up on past webinars.

Non-members can watch trailers of past webinars in the content library. Sign up to become a TMA member today and unlock full access to past webinars!

Turnaround Time
Member Benefits
At TMA Learning Link™, you can find content and information on topics important to our community in the turnaround, restructuring, and corporate renewal industry. Access to these resources is included with your TMA membership and is available 24/7. We're continuing to add new content daily, so make sure you stop by often!

CEO Speaks was created to keep all members connected as I share my experiences and interactions from all throughout TMA Nation. Virtual as we all are, the great efforts of our leaders and members continue.

Did you know that TMA NYC is now offering CPE credits for all of their programs? The New York Institute of Credit is supporting our programming efforts by providing the CPE! Get your CPE now!
Need for Operational Flexibility May Test Airlines’ Stakeholders in Restructurings
By Jeremy Halford, Faraz Naqvi,David Simonds
In the wake of the COVID-19 pandemic, the surviving airlines have accelerated cost-cutting efforts, curtailed capital expenditures, and reduced their fleets. Arguably, airlines are in a much stronger operational position to cope with volatile...

To Release or Not to Release? Courts Remain Split on Release Provisions
By Kristie Torkildsen Duchesne, George Howard, Katherine Drell Grissel

Release provisions are a common feature of almost every Chapter 11 plan in large bankruptcy cases. Three categories of release provisions typically are included: (i) releases by the debtors of claims they may hold against a list of “released parties...

TMA Swag Shop
Dress to impress on you next Zoom call with some TMA merch. Visit the TMA Swag Shop for everything from coffee mugs to wireless headphones to polos!
THANK YOU TO OUR 2022 SPONSORS
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