TMA May 29 Webinar Reveals How to Find Hidden Value in Distressed Assets

CHICAGO, May 23 /PRNewswire/ --

  EVENT:  "Blood from a Stone: Hidden Value in Distressed Assets"
          Another in the TMA Webinar series sponsored by the Turnaround
          Management Association

  DATE:   Thursday, May 29, 2008, from noon to 1 p.m. Eastern


  DESCRIPTION:

There could be buried treasure if you dig deep enough, say this Webinar's panel, who are experts in finding liquidity in assets in distressed companies others overlook. They will lead a discussion of uncovering hidden value in assets that have fallen off the radar screen, as well as how to monetize, capitalize and leverage assets usually thought of as illiquid. A little used area, life insurance, will also be explained as a saleable asset in the estate, usually seen as just an expense.

Panelists will also tell how to maximize value in some of the usual areas tapped for extra cash in a Chapter 7 liquidation or Chapter 11 reorganization, such litigation, preferences, fraudulent transfers, D&O insurance and tax-related assets.

PRESENTERS

Moderator: Linda Leali, senior associate in the global financial restructuring and insolvency practice group in the Miami office of White & Case, a global law firm

  Panel:
  --  M. Freddie Reiss, CTP, senior managing director in the corporate
      finance practice, national bankruptcy litigation leader, and national
      leader of the company-side practice in the Los Angeles office of FTI
      Consulting Inc.
  --  William K. Snyder, CTP, managing director in the Dallas office of  CRG
      Partners, a turnaround management and restructuring consulting firm
  --  Doug Himmel, managing director of Melville Capital Life Settlements in
      Los Angeles


  BACKGROUND:

The Turnaround Management Association (http://www.turnaround.org/) is the only international non-profit association dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, TMA has 8,100 members in 43 regional chapters who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.

CONTACT:

To register for the "Hidden Value in Distressed Assets" webinar go to http://www.turnaround.org/.

CONTACT: Cecilia Green, Public Relations Director, +1-312-242-6031, cgreen@turnaround.org, or Michele Drayton, Public Relations Manager, +1-312-242-6044, mdrayton@turnaround.org, both of Turnaround Management Association

Web site: http://www.turnaround.org/

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