keynote speaker sponsor · have to try out for a major league team. in case you didn't see the...
TRANSCRIPT
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Keynote Speaker Sponsor
Diamond Sponsor
Gold Sponsors
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Silver Sponsors
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9th Annual TMA Northeast Regional Conference
August 28-29, 2013
Gideon Putnam Spa Resort
Saratoga Springs, New York
Hosted by the Connecticut, Long Island, New Jersey, New York City,
Northeast, and Upstate New York TMA Chapters
Event Sponsors
Golf and Tennis Luncheon Keltic Financial Services LLC
Opening Reception
Blackbird Asset Services, LLC
Dinner
Hilco Appraisal Services
Dessert Reception
Ferrari Search Group
Breakfast
Bond, Schoeneck & King PLLC
Tranzon Auction Properties
Coffee Break
Blackbird Asset Services, LLC
Golf Sponsors
Raffle Prizes
Summit Financial Resources LP
Best Ball Competition
North Mill Capital LLC
Beverage Cart
Freed Maxick & Battaglia CPA PC
Biggest Turnaround
Phoenix Management Services
Closest to the Pin: Women
FirstMerit Business Credit
Longest Drive: Men
Health Capital Investors, Inc.
Golf Carts
Just Inventory Solutions
Golf Holes
AloStar Business Credit
Berkshire Bank
Next Point LLC
O'Connell & Aronowitz PC
People’s United Business Capital
Rockland Trust Company
Salus Capital Partners, LLC
Summit Financial Resources LP
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Agenda Wednesday, August 28
10:00 a.m. - 6:00 p.m. Conference Registration Gideon Putnam Hotel
10:00 a.m. - 12:30 p.m. Golf & Tennis Check-In Saratoga Spa Golf Course
11:00 a.m. - Noon Luncheon: Welcome! Saratoga Spa Golf Course
12:30 p.m. - 5:30 p.m. Golf Outing (shotgun start) Saratoga Spa Golf Course
1:00 p.m. - 4:00 p.m. Tennis Tournament Saratoga Golf & Polo Club
6:30 p.m. - 7:30 p.m. Opening Reception Gideon Putnam Hotel
Sponsored by Blackbird Asset Services, LLC
7:30 p.m.– 9:00 p.m. Dinner/Awards Gideon Putnam Hotel
Sponsored by Hilco Appraisal Services
Thursday, August 29
8:00 a.m. - 9:00 a.m. Buffet Breakfast Gideon Putnam Hotel
Sponsored by Tranzon Auction Properties
& Bond Schoeneck & King, PLLC
9:00 a.m. - 10:00 a.m. Panel Gideon Putnam Hotel
"Odds-on Favorite: Why Chapter 11 Still Works"
Moderator: Teresa C. Kohl, SSG Capital Advisors
Brian L. Davies, Jr., CIRA, Capstone Capital, LLC
Vincent J. Harper, M&T Bank
Leonard C. Walczyk, Esq., Wasserman, Jurista & Stolz, P.C.
U.S. Bankruptcy Judge - TBD
10:00 a.m. - 10:30 a.m. Refreshment Break Gideon Putnam Hotel
Sponsored by Blackbird Asset Services LLC
10:30 a.m. - 11:45 a.m. Keynote Speaker: Jim “The Rookie”Morris
Subject of the Hit Movie, The Rookie Gideon Putnam Hotel
11:45 a.m. Adjourn to Saratoga Race Track
1:00 p.m. Post Time at Saratoga Race Track The Rail Pavilion Tent
[Buffet lunch will be served trackside]
**Please note track tickets will be limited to the first 60 registrants.
A wait list will be compiled.
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Jim “ The Rookie” Morris Subject of the Hit Movie, The Rookie
Jim "The Rookie" Morris' inspirational and motivational
message about following through on your dreams and
promises to others connects with all audiences, young
and old, male and female. His life story is also the inspiration behind the Walt Disney blockbuster
film, The Rookie, starring Dennis Quaid. This family film won the ESPY for best sports film of the year
and was recently recognized by Sports Illustrated as one of the 50 best sports films of all-time.
Morris is much more than just a sports personality. Imagine having Tom Hanks or Jimmy Stewart
over for a cup of coffee and that's what it's like to bring Morris to your corporate meeting, church,
school, or fundraiser. A school teacher by trade, Morris is a polished speaker but never slick.
Audiences connect with him because he's one of them. In a world lacking in real-life heroes, Morris's
message about following your dreams and keeping your promises resonates with audiences.
Morris's childhood dream of becoming a major league baseball player was derailed by injuries and,
admittedly, a lack of maturity. Eleven years after his retirement from baseball, Morris's dream was re-
ignited by his then rag-tag high school team, when he was trying to inspire them to follow their
dreams. They made each other the following bet: If they won a District Championship, Morris would
have to try out for a major league team. In case you didn't see the movie, Morris's team won the
District Championship and Morris followed through on his promise, going to a tryout where he threw
12 consecutive pitches at 98 mph! Three months later in front of family
and his high school team, Morris achieved his dream of pitching in the big
leagues by striking out all-star Royce Clayton with a 98 mph fastball!
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Panel Discussion
"Odds-on Favorite: Why Chapter 11 Still Works"
Teresa C. Kohl is a Director of SSG Capital Advisors. Teresa is a knowledgeable restructuring
professional with over 15 years of experience specializing in crisis management and turnaround
advisory. She has completed over 75 restructuring matters including refinancing and sale
transactions for middle market companies in bankruptcy proceedings and out-of-court workouts.
Prior to her transition to investment banking, she led financial and operational restructuring
engagements at Bridge Associates, LLC and NHB Advisors, Inc.
Past clients include publicly traded, privately held, private equity sponsored and family owned
companies in healthcare, retail, manufacturing, building products and financial services. Teresa has
conducted numerous presentations on financial and operational restructuring issues and serves as a
speaker on restructuring topics for industry and trade groups.
Teresa is a member of the American Bankruptcy Institute, the Association for Corporate Growth, the
Association of Insolvency and Restructuring Advisors and the International Women’s Insolvency and
Restructuring Confederation. She is very active in the Turnaround Management Association having
served on the Board of Directors for the Philadelphia chapter and as a Director and Vice President of
Programming for the New York City chapter, where she is the first woman to lead TMA’s largest
global chapter as President.
Education: • Villanova University, B.S., Alpha Sigma Lambda
Vince J. Harper is an Administrative Vice President and Regional Manager with M&T Bank’s Special
Assets Group based in Buffalo & Rochester N.Y who has 25 + years of experience in commercial loan
restructuring and workouts, inclusive of dealing with publicly held companies, syndication facilities
as Agent and in a variety of industries and lending structures. Vince holds an MBA degree from St.
John Fisher College and a Bachelor of Science degree from SUNY Brockport. He is a current board
member of the Upstate NY Chapter of the Turnaround Management Association (“TMA”), along with
having been a founding member and past President of the chapter. He has served as the Chairman
of the Editorial board for the TMA Corporate Journal publication supporting the organization’s
8,000+ members and has served as a board member for the TMA’s Certified Turnaround
Professional (“CTP”) accreditation program. Vince, his wife Cindy and their three children reside in
Pittsford N.Y.
Leonard C. Walczyk, Esq. is a member of the law firm of WASSERMAN, JURISTA & STOLZ, P.C., of
Millburn, New Jersey and has nearly twenty five years of experience in bankruptcy and insolvency
law, representing debtors, creditors, committees, trustees, buyers, landlords, franchisors, and other
parties in bankruptcy, workout and state court insolvency proceedings. He has represented debtors,
secured lenders and unsecured creditors in all aspects of debtor-creditor relationships. In 2012 he
was selected by his peers and colleagues to be included The Best Lawyers in America, a publication
universally regarded, both by the legal profession and by the media as the definitive guide to legal
excellence in the United States. Mr. Walczyk has also been recognized by Corporate Counsel
magazine, New York’s Best Lawyers, and New Jersey’s Best Lawyers, in the field of bankruptcy and
debtor/creditor rights law. He has served on the Board of the New Jersey Chapter of the Turnaround
Management Association and the New York City Alumni Association of Syracuse University’s
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Whitman School of Management. Mr. Walczyk has served as a member of the American Bankruptcy
Institute’s Subcommittee on Individual Chapter 11 Cases, and as a Master of the Bankruptcy Inns of
Court. Mr. Walczyk is a frequent lecturer for NJ Institute of Continuing Legal Education and other
professional organizations. He obtained his Bachelor’s degree from Syracuse University in 1982 and
his Juris Doctorate from New York Law School in 1989, and is admitted to practice before the United
States Supreme Court, the Third Circuit Court of Appeals, and the state and federal courts of New
Jersey.
Brian L. Davies, Jr., CIRA is Managing Director, Practice Head – Corporate Restructuring & Specialty
M & A Transactions at CRS Capstone Capital LLC. Mr. Davies has approximately 16 years of
professional experience working extensively in the fields of corporate recovery, business
reorganization and interim management services. He has provided financial advisory services to
lenders, debtors, creditors’ committees, trustees and equity holders in out-of-court restructurings,
bankruptcy matters and distressed transactions. Mr. Davies has provided assistance to under-
performing businesses, potential acquirers of distressed assets / entities, and advised clients on general business issues. He has advised and worked with financially distressed companies to
develop cost containment and asset rationalization plans, improve liquidity, re-engineer financial and
other back-office functions, and enhance cash flow. His industry experience includes retail, real
estate, manufacturing, restaurant, distribution, automotive, environmental testing laboratories,
aviation, food/beverage, mining and healthcare.
Mr. Davies has served as an Operating Partner in a leading global private equity firm focused on
management buyouts and recapitalizations of middle market companies as well as growth equity
investments. His primary objective was managing all distressed/challenged operations of any
portfolio company experiencing performance issues, liquidity concerns, covenant breaches,
availability diminution, management voids and synergy attainment. He has served as an interim “C”
level manager, sat on the boards of portfolio companies, and partnered with deal teams on both buy
and sell side diligence and negotiations ensuring the portfolio companies are running efficiently and
accreting maximum value through strategic planning, cost cutting and operational assessments.
Mr. Davies was also a Managing Director and Co-Head of Mesirow Financial Consulting’s New
England Practice. He spearheaded national large-scale projects that ranged in size from $10 million
to over $30 billion in total revenue focusing on the overall turnaround of at-risk operations within
diverse and industry leading clientele platforms. Davies also coordinated full project lifecycle,
including planning, budgeting, reporting, field operations, negotiations, contract administration, and
risk management.
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Sponsorship Sponsorship opportunities are still available. Please contact Jeff Sands at [email protected]
or (802) 688-3419 or Ralph Aurelia at [email protected] or (203) 377-1527.
Registration* Registration Fees include educational sessions, meals, and social functions. Room charges are
additional (see below). All registered attendees will receive a TMA name badge at the Conference
that must be worn for admittance to all sessions, meals, and social functions. The member
registration is for current, active TMA members. If you are not a TMA member, you may join online at
turnaround.org.
*Conference registration will close Friday, August 23 at midnight.
Conference On or before 8/13/13 After 8/13/13
Member $285 $335
Non-member $365 $415
Spouse $100 $110
Golf $180 $205
Tennis $ 95 $100
Track** $ 80 $105
Track Only** $ 85 $ 100
** Track is limited to the first 60 people. A wait list will be compiled.
Registration will be available online (credit card only) at http://www.turnaround.org/Events/Calendar.aspx?objectID=2706
For those wishing to register by mail (check only), please complete the attached registration form.
Registrations cannot be confirmed until the check is received. Please contact Sharon Graber at
[email protected] or 716-440-6615 with registration questions.
Cancellation Policy The deadline to cancel for a refund will be 5:00PM on Wednesday, August 21, 2013 (the
“Cancellation Date”). After the Cancellation Date, no refunds will be granted but substitutions are
welcomed. Please consider sending a colleague in your absence, should you need to cancel after the
Cancellation Date. There will be no exceptions.
Room Reservations Please call the Gideon Putnam Spa Resort at 518-584-3000, quoting the TMA Regional Conference
room rate of $170 plus tax and group code 9N451J. Reservations must be guaranteed with a major
credit card and made by August 6, 2013 to take advantage of the discounted room rate. A deposit
equal to the first night’s stay is required. Rooms are limited and subject to a first-come, first-serve
basis. All changes or cancellations to room reservations must be made with the resort more than 72
hours prior to arrival to receive the deposit refund, equal to the first night’s stay. All changes, no-
shows, or cancellations received less than 72 hours prior to arrival will be charged the full amount of
the reservation.
Driving Directions Visit www.gideonputnam.com for detailed driving directions. The closest major airport is Albany, NY.
Attire Golf (Men and Women): Collared shirts, sweaters, cotton pants. No cut-offs, tank tops, sandals.
Educational Sessions and Networking Events: Business Casual.
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9th Annual TMA Northeast Regional Conference
August 28-29, 2013
Gideon Putnam Spa Resort
Saratoga Springs, New York
Hosted by the Connecticut, Long Island, New Jersey, New York City,
Northeast, and Upstate New York TMA Chapters
Registration Form (If registering by mail and paying by check)
Name: _____________________________________________________
Name for Badge: ___________________Title: _____________________________
Company: _____________________________________________________
Address: _____________________________________________________
City / State / Zip: _____________________________________________________
Telephone: _____________________________________________________
Email: _____________________________________________________
TMA Chapter: _____________________________________________________
TMA Member # (required) ___________
Golf: Yes ______ No ______
Golf Handicap (required): _________
Conference Registration Fee: $__________
Spouse Fee: $__________
Golf Fee: $__________
Total: $__________
Please mail this registration form along with your check payable to
TMA Upstate NY Chapter–Northeast Regional Conference to:
Sharon Graber, 57 Middlebury Road, Orchard Park, NY 14127.
We look forward to another exciting conference, and hope to see you there.
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9th Annual TMA Northeast Regional Conference
August 28-29, 2013
Gideon Putnam Spa Resort
Saratoga Springs, New York
Hosted by the Connecticut, Long Island, New Jersey, New York City,
Northeast, and Upstate New York TMA Chapters
Spouse – Registration Form (If registering by mail and paying by check)
Guest Name: _____________________________________________________
Name for Badge: _____________________________________________________
Registered Attendee: _____________________________________________________
Telephone: _____________________________________________________
Email: _____________________________________________________
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Saratoga Race Course Map
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Extra Activities
Saratoga Race Course: Popular Activities
Early Morning Breakfast | Saratoga Race Course
Start your day with a scrumptious buffet breakfast on the Clubhouse Lower Porch on
Wednesday through Monday throughout the racing season at 7:00 a.m. - 9:30 a.m. The cost
is $14.95 per adult and $7.95 for children 3-12. Large groups should call in advance for
reservations. Call 518-587-5070.
Backstretch Tours | Saratoga Race Course
Get a behind-the-scenes look at thoroughbred racing with a tram tour of the oldest race
course in North America and watch the Paddock Show and Starting Gate Demonstration.
The first tour departs at 7:30 a.m., with additional tours every 15 minutes, and the last tour
departs at 9:00 a.m. daily except Tuesdays. Call 518-587-6200.
Guided Walking Tour | Saratoga Springs
History, legends, lore, and more! Taste the mineral water and learn facts and anecdotes
about Saratoga’s historic past on Monday through Saturday at 10:30 a.m. - Noon. Meet at
the Visitor Center, corner of Broadway and Congress Street. The cost is $5.00 per person.
Call 518-587-3241.
Oklahoma Training Track Tours | The National Museum of Racing and Hall of Fame
This is an exclusive behind the scenes walking tour of the Oklahoma Training Track to see
the Spa’s racehorses as they are exercised and groomed. The walking tour covers 1.5 miles;
sturdy walking shoes are recommended. Reservations are strongly encouraged as space is
limited. No strollers, umbrellas, backpacks, or children under the age of 10. Tour meets in
the parking lot behind the museum off Ludlow Street. Tours are from 8:30 a.m. - 10:00 a.m.
at a cost of $10.00. Call 518-584-0400 x120.
City of Saratoga Springs
The Saratoga Farmers Market | High Rock Park
Located at High Rock Park on High Rock Avenue, the Saratoga Farmers Market takes place
Wednesday from 3:00 - 6:00 p.m. and Saturday from 9:00 a.m. - 1:00 p.m.
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Chapter Presidents
2013 TMA Northeast Regional Conference
Hosted by the Connecticut, Long Island, New Jersey, New York, Northeast, and Upstate New
York TMA Chapters
Connecticut
cttma.org
Philip Kane
US Bank
225 Asylum Street
Hartford, CT 06103
860-241-6842
Long Island
longisland.turnaround.org
Russell M. Koster
Koster Industries Inc.
40 Daniel Street, Suite 2
Farmingdale, NY 11735-1308
631-454-1766 x20
New Jersey
newjersey.turnaround.org
Paul Rome
University Management Associates
43 Newburgh Road, Suite 402B
Hackettstown, New Jersey
908-979-9007
New York City
newyork.turnaround.org
Teresa C. Kohl
SSG Capital Advisors LLC
45 Rockefeller Plaza, Suite 2166
New York, New York 10111-2172
610-940-9521
Northeast
tmanortheast.org
Daphne J. Firth
Woodside Capital Partners
25 Mall Road
Burlington, MA 01803-4156
781-272-1501 x116
Upstate New York
unyturnaround.org
Joseph Heim, CFE, CPA
Dopkins & Company, LLP
200 International Drive
Buffalo, New York 14221
716-634-8800
The conference committee would like to acknowledge and extend a special thank you to the
chapter administrators for their assistance in organizing the 2013 TMA Northeast Regional
Conference in Saratoga Springs.
July Conroy - Northeast Chapter
Andrea Fasting - Long Island Chapter
Sharon Graber - Upstate New York Chapter
Betty Mantz - New Jersey Chapter
Dorri Weinstein - Connecticut and New York City Chapters
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2013 TMA Northeast Regional Conference Committee
Event Co-Chairs Mark Patchell, GE Capital Corporate Finance
Matthew Jackson, O’Connell & Aronowitz PC
Sponsorship Jeff Sands, Dorset Partners
Ralph Aurelia, Summit Financial Resources LP
Golf Matthew Jackson, O’Connell & Aronowitz PC
Publicity Harvey Gross, New York Institute of Credit
Committee-at-Large Michael Amato, Ruskin Moscou Faltischek PC
Ralph Aurelia, Summit Financial Resources LP
Dennis Bobker, Phoenix Management Services
Joseph Heim, CFE, CPA, Dopkins & Company, LLP
Teresa Kohl, SSG Capital Advisors LLC
George Psomas, AloStar Bank of Commerce
Jeff Sands, Dorset Partners
Leonard Walczyk, Wasserman, Jurista & Stolz
Event Administrator Sharon Graber