Message from Judy Weiker
VP and Chair, Academic Relations
TMA New York launched a new course with Pace University’s Lubin School of Business for the graduate students enrolled in the MBA and MF programs. I am teaching the finance course, From Stressed to Distressed — Turnaround of Companies alongside members of the 2013 Education Committee and New York Board. Each week a keynote speaker lectures the students about a specific area of restructuring. The course highlights the necessary technical and nuance skills needed for students pursuing this particular area of finance. Additionally, there will be an opportunity for the students to role play and participate towards the end of the semester, which should be a lot of fun. The students will be given a difficult case and assume roles to present how to best put the company back on track. As events for the company go south, each student will have to understand their role in order to find solutions to the problems using what they have learned from the course.
I wish to extend a heartfelt thanks to the Academic Relations Committee and New York Board for collectively developing and executing a strong syllabus. So far, the students have positively responded to learning the subject matter from people who practice it every day, and shown overwhelming appreciation for the high caliber of lecturers and knowledge that has been shared with them.
Keynote Speakers for Spring 2013:
- Hon. Timothy Barnes (U.S. Bankruptcy Judge, Northern District of Illinois)
- Howard Brownstein (The Brownstein Corporation)
- Evan Blum (GlassRatner Advisory & Capital Group)
- Thomas Buck (EisnerAmper, LLP)
- Jeffrey Gaynor (TrueNorth Captial Partners LLC)
- Mark Indelicato (Hahn & Hessen LLP)
- Jake Renick (MJ Renick & Associates LLC)
- Bert Weil (Getzler Henrich & Associates LLC)
- Judy Wolf Weiker (Manewitz Weiker Associates LLC)
Examples of Weekly Topics for Spring 2013:
- Missing the Mark — Facing Stakeholders
- Out-of-Court Workout — Negotiation with Creditors
- Refinance and/or Sale Opportunities Evaluated
As the program continues to be successful, we will look forward to planning next steps for opportunities to continue to expand our outreach. This will include expanding the annual student paper competition for NYU Stern School of Business and Columbia University to additional institutions.
Please check out the chapter’s calendar for the Academic Relations Committee’s upcoming event. On April 25th students are invited to hear a TMA member panel discussion Restructuring a Company in Financial Distress followed by a networking reception. Students will be able to meet board members and TMA sponsors as well as fellow graduate students interested in the turnaround profession.
Our academic outreach continues with our student paper competitions where professors from MBA programs recommend student papers to be judged by the Committee. Visit our website for more information. The first prize includes $1,500 to be split among a student team, a complementary one year membership to TMA and a paper published on the TMA New York website. Second prize is $1,000 and third prize is $500.
Judy Wolf Weiker, VP Chair Academic Relations
Executive Director & Principal, Manewitz Weiker Associates LLC
Judy is a restructuring professional with over 20 years experience in finance and workouts. Her firm is a boutique consulting firm specializing in the management of underperforming investments held by banks, institutional investors, funds, and other creditor constituents. She possesses broad expertise managing distressed investments from many industries, including public and private, domestic and international. Additionally, Judy is an Adjunct Professor at Pace University, Lubin School of Business and is a Certified Insolvency Restructuring Advisor (CIRA).
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