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Weekly Summary
June 4, 2021
Meet Our Highlighted Annual Sponsor
Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe, and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives, and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.

The above is an excerpt from our Sponsor's website. Learn more about Foley & Lardner LLP, a TMA NYC Gold Sponsor.
TMA NYC Virtual Upcoming Events
TMA NYC Webinar: Effective Advocacy: Perspectives from the Bench
Wednesday, June 30, 2021
1:00 PM - 2:00 PM ET
Summertime Gathering with TMA NYC | Save the Date
Thursday July 8, 2021
Time TBD
Call for Content
Please submit any newsworthy updates no later than July 1, 2021. Editorial guidelines are as follows: (i) on a topic relevant to the turnaround & restructuring industry, (ii) 400-600 words max, and (ii) no footnotes or endnotes (all citations should be in the body). As this is an email newsletter, however, please feel free to include hyperlinks to authorities or referenced content.
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!
Turnaround Time
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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!

On last week's edition of CEO Speaks, listen to the many events from sea to shining sea and across the pond that keep us motivated, innovative, and inspired.

Read the News
Member News
Michael Edelschick, Welcome Back to TMA NYC!
Michael Edelschick has rejoined BDO as the national leader of the Bankruptcy Litigation Services practice. In 2019 and after seven years with BDO, Michael was hired by a client to lead Seasons Supermarkets out of bankruptcy as its new CFO. After overseeing a highly successful financial and operational turnaround of Seasons - now with approximately 300 employees, revenues in excess of $100 million and profitability far above industry norms - Michael returns to BDO, where he will bring his deep analytical skillset, proven leadership ability and unique talent in solving and communicating a broad array of complex financial challenges.
Journal of Corporate Renewal
By Mark E. Gallivan & Michael D. Sullivan
In an article in this publication in 2019, we discussed the “retail apocalypse” and how lenders, turnaround professionals, and other stakeholders could adjust to the new normal in retail. Just over a year later, a global pandemic hit, and everything changed—again.

A Global Perspective on TMA’s Next Chapter
By Scott Stuart
With the darkest days of a challenging year behind us and light that is just peaking over the horizon, things are looking bright. At TMA, we are ready to emerge to take on the new normal just as we did the “normal” that the last year thrust on us.
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THANK YOU TO OUR 2021 SPONSORS
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