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The Evolving Role of Turnaround Management 2004 ANNUAL CONVENTION O CTOBER 15-18 NEW Y ORK, NY • • • • • CONVENTION BROCHURE • • • • •

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Page 1: The Evolving Role of Turnaround Management · The Evolving Role of Turnaround Management ... to corporate renewal and turnaround manage-ment. With international headquarters in Chicago,

The Evolving Role ofTurnaround Management

2004 ANNUAL

CONVENTION

OCTOBER 15-18

NEW YORK, NY

• • • • •

CONVENTION BROCHURE

• • • • •

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About TMATurnaround Management Association (TMA) isthe premier professional community dedicatedto corporate renewal and turnaround manage-ment. With international headquarters inChicago, TMA’s 6,700 members in 33 regionalchapters comprise a professional community ofturnaround practitioners, attorneys, account-ants, investors, lenders, venture capitalists,appraisers, liquidators, executive recruiters andconsultants as well as academic, governmentand judicial employees. TMA members adhereto a code of ethics specifying high standards ofprofessionalism,integrity and competence. TheCertified Turnaround Professional (CTP) accred-itation program recognizes professional excel-lence and provides an objective measure ofexpertise related to workouts, restructuringsand corporate renewal.

Who Should AttendThe 2004 Annual Convention is a must for any-one involved in the corporate renewal indus-try, including practitioners, lenders, attorneys,interim corporate managers, financial plan-ners, investors, appraisers, liquidators andauctioneers.

Why You Should AttendThis convention is the premier industry event,offering incomparable education and net-working opportunities. What makes this eventspecial is: • Knowledge. Learn how to apply the tech-

niques used by the industry’s leading profes-sionals to transform troubled companiesworldwide. Visit with more than 60 exhibitingservice providers who will introduce you to new tools to improve your business andclient relations.

• Trends. Identify and explore emerging trendsin law, lending practices, internationalengagements and firm management, amongother timely and relevant topics.

• Networking. Foster relationships by attend-ing numerous social events, including coffeebreaks, meals, receptions and the gala dinnerand dessert reception on Monday night.

It is my pleasure to invite you to TMA’s 2004 Annual Convention.This year’s theme, “The Evolving Role of Turnaround Manage-ment,” speaks to new opportunities for corporate renewal

professionals. With more and more of us finding business outside ofthe United States, and with more countries beginning to embrace theconcept of corporate renewal, the convention committee decided tohighlight these expanding horizons. As a result, we’ve dedicated sev-eral concurrent sessions to specific regions of the world, educatingyou on the laws, customs and ways in which we, as turnaround professionals, canhelp.

We also wanted to focus on the evolving role of the corporate renewal industry in animproving economy. You will notice concurrent sessions highlighting firm manage-ment issues, such as critical mass and business diversification, and sessions dealingwith the why’s and how’s of hiring turnaround professionals.

The general sessions offer meaningful education as well. Laura Davis Jones ofPachulski Stang Ziehl Young Jones & Weintraub will moderate a panel of U.S. bank-ruptcy judges, who will discuss trends in professional retention. Andrew Miller ofHoulihan Lokey Howard & Zukin takes on the “Titans of Lending,” moderating apanel of senior lending professionals who will, among other things, offer their pre-dictions for the coming year. Finally, Jack Butler of Skadden Arps Slate Meagher &Flom LLP will moderate a panel on distressed investing.

With a New York City venue, who is more appropriate than Former New York CityMayor Rudy Giuliani to kick-off the convention? Giuliani will speak on the “princi-ples of leadership,” drawing from his experience in public office and his perseverancein the months following September 11. Keynote presenter Erin Gruwell, a nationallyrecognized teacher who executed a classroom turnaround, provides a perfect back-drop for the inaugural presentation of the Butler-Cooley Excellence in TeachingAwards. As a former teacher, I find Erin’s story inspirational and know you will toowhen you read more about her on page 4. Finally, Gene Taylor, President ofCommercial Banking at Bank of America, will offer his insight into trends in thelending community.

Additional convention highlights include the presentation of the Carl Marks StudentPaper Competition prizes; the TMA Annual Awards presentation; the exhibit hall,with more than 60 firms showcasing their goods and services; and numerousnetworking events, where you can forge new relationships and visit with friends andcolleagues.

As you read through the brochure, please note the names of those individuals whoserved on the convention and host committees. This event would not be possiblewithout their support and contribution.

The combination of general and concurrent sessions, keynote presentations andnetworking events is sure to educate, entertain, and make your convention experiencean unforgettable one. I personally look forward to seeing you in New York.

Best regards,

Sheila T. Smith2004 Annual Convention ChairPrincipal, Deloitte & Touche LLP

TMA 2004 ANNUAL CONVENTION

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Event sponsors provide financial support for TMA’s international meetings and conferences. In addition to thosesponsors listed in the agenda, the following sponsors have also generously provided support for the TMA 2004 AnnualConvention.• Carl Marks Consulting Group LLC/Carl Marks Capital Advisors LLC (convention bags)• Gordon Brothers Group (lanyards)• Skadden, Arps, Slate, Meagher & Flom LLP (program book/CD-Rom)• FTI Consulting, Inc. (program book/CD-Rom)

CONVENTION MATERIALSSPONSORS

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* Additional Fee Required

Friday, October 159:00 a.m. – 4:00 p.m. ACTP Management

Body of Knowledge Course*2:00 p.m. – 4:00 p.m. Executive Committee Meeting4:00 p.m. – 6:00 p.m. Registration Desk Open7:00 p.m. TMA and ACTP Boards Dinner

Saturday, October 168:30 a.m. – 5:00 p.m. CTP Certification Exam*8:00 a.m. – 10:00 a.m. ACTP Board of Directors Meeting

10:15 a.m. – 1:00 p.m. TMA Board of Directors Meeting

12:00 p.m. – 6:30 p.m. Registration Desk Open 12:00 p.m. – 5:00 p.m. Exhibitor Set-up1:00 p.m. – 1:30 p.m. TMA Board of Directors

Buffet Lunch1:45 p.m. – 3:30 p.m. Chapter Presidents Meeting

3:45 p.m. – 5:15 p.m. ACTP Business Meeting and Advanced Educational Session*

4:30 p.m. – 5:30 p.m. Chapters’ Boards of Directors Reception5:30 p.m. – 7:30 p.m. Opening Reception

Co-sponsored in part by Back Bay CapitalFunding LLC/Bank of America BusinessCapital/Bank of America Retail FinanceGroup; Getzler Henrich & Associates LLC; and XRoads Solutions Group

Sunday, October 178:00 a.m. – 6:00 p.m. Registration Desk Open

7:00 a.m. – 7:45 a.m. Buffet Breakfast/Exhibit Hall OpeningCo-sponsored by Buccino & Associates, Inc.;The Nassi Group LLC; and Piper Rudnick LLP

7:00 a.m. – 7:30 p.m. Exhibit Hall Open

8:00 a.m. – 9:30 a.m. Convention Opening and KeynotePresentation by Rudy Giuliani:“Principles of Leadership”Co-sponsored in part by Glass & Associates,Inc.; Jefferies & Co., Inc.; and KPS SpecialSituations Funds

9:30 a.m. – 10:00 a.m. Coffee Break in the Exhibit HallSponsored by Morris-Anderson &Associates, Ltd.

10:00 a.m. – 11:30 a.m. Concurrent Session One• “Across the Pond: Restructuring

Developments in the E.U.”

• “Around the Horn: Perspectives onLatin American Restructurings”

• “Building On Your Core: Should YourFirm Add Complimentary Lines ofBusiness, and How?”

Sunday, October 17 (cont.)11:45 a.m. – 2:15 p.m. Lunch; Keynote Presentation by

Erin Gruwell: “Becoming a Catalyst forChange;” and TMA Annual AwardsPresentationSponsored in part by Executive SoundingBoard Associates Inc.

2:15 p.m. – 2:45 p.m. Coffee Break in Exhibit HallSponsored by Great American Group

3:00 p.m. – 4:30 p.m. General Session: “Retaining, Paying and KeepingProfessionals in Chapter 11”

5:15 p.m. – 6:15 p.m. Professional Women’s Networking GroupReceptionCo-sponsored by Gibbons, Del Deo, Dolan,Griffinger & Vecchione, P.C.; Quarles & BradyLLP; Wells Fargo Business Credit, Inc.

6:30 p.m. – 7:30 p.m. Exhibitor ReceptionSponsored in part by Wells Fargo BusinessCredit, Inc.

Monday, October 187:30 a.m. – 6:00 p.m. Registration Desk Open7:30 a.m. – 11:00 a.m. Exhibit Hall Open7:30 a.m. – 8:15 a.m. Buffet Breakfast in the Exhibit Hall

Co-sponsored by CapitalSource; Conway MacKenzie & Dunleavy; Corporate Revitalization Partners, LLC

8:30 a.m. – 10:00 a.m. “Titans of Lending”10:00 a.m. – 10:30 a.m. Coffee Break in the Exhibit Hall

Sponsored by Merrill Lynch Capital

10:45 a.m. – 12:15 p.m. General Session: “Distressed Investing”12:30 p.m. – 3:00 p.m. Lunch and Keynote Presentation by

R. Eugene “Gene” Taylor, President ofCommercial Banking, Bank of America,and Carl Marks Student PaperCompetition PresentationSponsored in part by KPMG LLP

3:15 p.m. – 4:45 p.m. Concurrent Session Two• “Getting on the Short List”• “Issues Affecting Firm Management”• “Olé, eh? Mexico and Canada:

Neighbors and Friends of the U.S.A.”5:00 p.m. – 6:00 p.m. Chapters’ Receptions6:00 p.m. – 7:15 p.m. Gala Reception

Co-sponsored in part by EMCC, Inc./SB CapitalGroup; and Huron Consulting Group

7:30 p.m. – 9:45 p.m. Dinner with Entertainer Leslie Uggamsand Presentation of the Butler-CooleyExcellence in Teaching Awards

9:45 p.m. Wells Fargo Foothill Dessert Reception

CONVENTION AGENDA

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KEYNOTE SESSIONSHON. RUDY GIULIANI, Former Mayor of New York City

“Principles of Leadership”SUNDAY, OCTOBER 17, 8:00 A.M. – 9:30 A.M.Co-sponsored in part by Glass & Associates, Inc. and Jefferies & Co., Inc.During his two terms as mayor, Rudy Giuliani made New York into the great city itonce was with his ideas, management and goal-driven style. In eight years, hereduced crime by 57 percent, cut welfare rolls in half, reduced taxes by $2.5 billionand created a record number of new jobs. Because of his leadership, the city is onceagain a great place to live and one of the world’s most productive metropolises. But

his toughest challenge had yet to come. With the tragic events of September 11, the rest of the worldfound out what New Yorkers already knew — that Rudy Giuliani was a determined leader who could bringthem remarkable strength and stability at a time of great uncertainty. During the crisis he became, inessence, “America’s Mayor.” He calmed, consoled and reassured the public, while urging them to returnto their normal lives and not to let the terrorists achieve their aim of disrupting life. In one of the sad-dest times in American history, the remarkable leadership of Mayor Giuliani and the extraordinary heroism of his fellow New Yorkers restored faith in the ideals that are so vital to a freesociety. Mayor Giuliani was named Time magazine’s 2001 Person of the Year Award and Queen Elizabeth IIawarded him an honorary KBE — Knight Commander of the Most Excellent Order of the British Empire.

Sharing with audiences the principles of leadership, Rudy Giuliani looks back at the important lessonshe has learned during a lifetime of public service and how he drew on those lessons to provide strengthat a defining moment in America’s history.

ERIN GRUWELL, Educator

“Becoming a Catalyst for Change”SUNDAY, OCTOBER 17, 11:45 A.M. – 2:15 P.M. (time includes lunch)Erin Gruwell accomplished what many thought impossible. She helped 150 of herstudents, many who had been written off by the education system, realize the powerof education and the value of tolerance and diversity in the classroom. WithGruwell’s guidance and encouragement, the Freedom Writers, who once believedthey were “unteachable” and “sure-to-drop-out,” have graduated from high school

and are now pursuing undergraduate and graduate degrees. The journey of this teacher and her studentsis chronicled in Freedom Writers’ Diary – How a Teacher and 150 Teens Used Writing to Change Themselvesand the World Around Them. Gruwell’s commitment to teaching tolerance has attracted national mediaattention, and in 2005, Miramax Films will release a feature film based on the Freedom Writers’ story.Gruwell also founded and is president of the Erin Gruwell Education Project, a non-profit organizationdevoted to teaching tolerance, funding college scholarships for underprivileged students and propagatingtheir vision for revolutionizing education for “at-risk” students. She also created and led the “Ambassadorsof Tolerance Tour,” which took the Freedom Writers to visit Auschwitz concentration camp in Poland, AnneFrank’s attic in Amsterdam and war-torn Sarajevo.

In her inspiring speech, Gruwell tells the story of this extraordinary journey from poverty and despairto hope and promise. How can one person take on seemingly insurmountable problems of poverty, racism,and violence? What can we do in our lives to motivate and inspire those around us to achieve greatness?Erin Gruwell teaches us all how we can become “catalysts for change.”

R. EUGENE “GENE” TAYLOR,President of Commercial Banking, Bank of America

MONDAY, OCTOBER 18, 12:30 P.M. – 3:00 P.M. (time includes lunch)R. Eugene Taylor is president of Bank of America Commercial Banking and leads thecompany’s middle market banking, business capital, leasing, commercial real estate,community development banking and dealer financial services businesses. He alsois responsible for Bank of America (Asia) Ltd. and is a member of the company’sRisk & Capital and Management Operating Committees. Taylor joined the companyin Charlotte, N.C., in 1969 as a credit analyst. He served in branch offices and in

marketing and management positions across North Carolina and Florida. In 1990, he was named presidentof the Florida bank. In 1993, he was named president of NationsBank Mid Atlantic. After Barnett Bankwas acquired in 1997, he returned to Florida as president of the merged bank. In 1998, Bank of Americaand NationsBank merged, and Taylor was named president of the West Region. Management of the CentralRegion was added to Taylor’s responsibilities in February 2000. He was named president of Consumer &Commercial Banking in June 2001 and assumed his present role with the completion of the Bank ofAmerica/FleetBoston Financial merger in 2004.

Taylor will provide an overview of Bank of America following the merger with Fleet and will offerperspectives on the commercial banking industry and businesses.

EVENT SPONSORS

Back Bay Capital Funding LLC/Bank of America Business Capital/

Bank of America Retail Finance Group

Buccino & Associates, Inc.

CapitalSource

Carl Marks Consulting Group LLC/Carl Marks Capital Advisors LLC

Conway MacKenzie & Dunleavy

Corporate Revitalization Partners, LLC

EMCC, Inc./SB Capital Group

Executive Sounding Board Associates Inc.

FTI Consulting, Inc.

Getzler Henrich & Associates LLC

Gibbons, Del Deo, Dolan, Griffinger & Vecchione, P.C.

Glass & Associates, Inc.

Gordon Brothers Group

Great American Group

Huron Consulting Group

Jefferies & Co., Inc.

KPMG LLP

KPS Special Situations Funds

Merrill Lynch Capital

Morris-Anderson & Associates, Ltd.

The Nassi Group LLC

Piper Rudnick LLP

Quarles & Brady LLP

Skadden, Arps, Slate, Meagher & Flom LLP

Wells Fargo Business Credit, Inc.

Wells Fargo Foothill

XRoads Solutions Group

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CORNERSTONE 15DONORS

CORNERSTONE 15DONORS

TMA would like to acknowledge the supportof its Cornerstone 15 campaign donors. TheCornerstone 15 campaign was launched in2003 during the TMA’s 15th anniversarycelebration to establish a new board-desig-nated endowment dedicated to industryresearch and the development of continuingeducation programs.

Abacus Advisors Group LLCALTMA Group, LLC

American Recovery Group, LLCAmfinity Capital, LLCAtlas Partners, LLC

Back Bay Capital Funding LLC/Bank of America Business Capital/

Bank of America Retail Finance GroupBBK, Ltd.

Buccino & Associates, Inc.Cadwalader, Wickersham & Taft LLP

Cairncross & Hempelmann, P.S.Congress Financial Corporation

Continental Advisory Services, LLCThe Daley-Hodkin GroupDeloitte & Touche LLP

Executive Sounding Board Associates Inc.Fennemore Craig

First American Corp. UCC InsuranceDivision

Gardner Carton & Douglas LLPGetzler Henrich & Associates LLC

Glass & Associates, Inc.Gordon Brothers Group

Kronish Lieb Weiner & Hellman LLPKugman Associates

Morris-Anderson & Associates, Ltd.Northern Healthcare Capital, LLCPenn Hudson Financial Group LLC

Prime Locations LLCQuarles & Brady LLP

RAS Management Advisors, Inc.Ravin Greenberg PC

Republic Financial CorporationRetail Consulting ServicesRiemer & Braunstein LLP

RJ Reuter Business ConsultingRochelle, Hutcheson & McCullough, LLP

Ruskin Moscou Faltischek. P.C.SB Capital Group

The Treadstone Group, Inc.Trimingham Americas Inc.XRoads Solutions Group

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GENERAL SESSIONSSUNDAY, OCTOBER 17, 3:00 P.M. – 4:30 P.M.

“Retaining, Paying and Keeping Professionals in Chapter 11”Moderator: Laura Davis Jones, Pachulski, Stang, Ziehl, Young, Jones & Weintraub PCPanel: Hon. Rosemary Gambardella, U.S. Bankruptcy Court (District of New Jersey); Hon. Barbara J. Houser, U.S. Bankruptcy Court (Northern District of Texas); Hon. JoelB. Rosenthal, U.S. Bankruptcy Court (District of Massachusetts)

MONDAY, OCTOBER 18, 8:30 A.M. – 10:00 A.M.

“Titans of Lending”Moderator: Andrew B. Miller, Houlihan Lokey Howard & Zukin Panel: William J. Brasser, GE Corporate Finance/Corporate Finance Services; James G.Connolly, Bank of America Business Capital; William R. Davis, Congress FinancialCorporation; Mark Leder, Sun Capital Partners, Inc.; Victor D. Russo, CIT Business Credit;Peter E. Schwab, Wells Fargo Foothill; Terrence J. Ullrich, Chase Business Credit

This panel, composed of the heads of several prominent lending institutions, will pro-vide insight and constructive advice regarding current trends and issues in the evolvingloan market. Topics for discussion include:• Current trends. Is the “air-ball” back? Highly leveraged industries for the turnaround

professional to focus on.• The impact of non-traditional hedge funds and high-yield lenders on the loan market

and on workouts.• Workout strategies. When do asset-based lenders decide to bring in turnaround pro-

fessionals and how are they selected? How do lenders expect to work with turnaroundprofessionals in the future?

• Going concern asset sales as an exit vehicle• Getting on the “list” of acceptable workout professionals

MONDAY, OCTOBER 18, 10:45 A.M. – 12:15 P.M.

“Distressed Investing”Moderator: John Wm. Butler Jr., Skadden, Arps, Slate, Meagher & Flom LLPPanel: William Q. Derrough, Jefferies & Co., Inc.; Mark Schwartz, Gordon Brothers Group

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CONCURRENT SESSIONSCONCURRENT SESSION ONESUNDAY, OCTOBER 17, 10:00 A.M. – 11:30 A.M.

“Across the Pond: Restructuring Developmentsin the E.U.”Moderator: N. Lynn Hiestand, Skadden, Arps, Slate,Meagher & Flom (UK) LLPPanel: Gianluigi Esposito, Esq., Chiomenti StudioLegale; Neville B. Kahn, Deloitte & Touche LLP; MarshallLester, Ozer International; Dennis Levine, BurdaleFinancial Limited; Peter F. Stevens, Credit Suisse FirstBoston Europe Ltd. As more and more investors turn to Europe as fertileground for investing, both in distressed debt and in securities that become distressed, companies arehaving to take new approaches to working out theirproblems. Countries are realizing that preservation isusually preferable to liquidation and are respondingwith new legislative developments, such as those in theU.K., Italy and France. Hedge funds are demanding seatsat a table that historically was dominated by banks.Shareholders are becoming active in seeking to preservevalue. The E.U. is trying to give jurisdictional guidance.And, restructuring professionals are actively respondingto and assisting in these changes. This panel, composedof restructuring professionals from across Europe, willdiscuss the latest developments in that region of theworld.

“Around the Horn: Perspective on Latin American Restructurings”Moderator: Neil Augustine, Rothschild Inc.Panel: Richard J. Cooper, Cleary, Gottlieb, Steen &Hamilton; Fernando E. Del Castillo, Santamarina y StetaS.C.; Robert L. Rauch, Gramercy Advisors LLC

This panel, comprised of investment bankers, U.S. andMexican counsel and distressed debt investing special-ists, will provide a first-hand perspective on how tobring about a successful financial restructuring in adifficult environment, one that is often littered withfailures. The panel will explore divergent views of creditorand debtor negotiating strategies and leverage points.The dueling perspectives of borrowers and creditors ofimplementation options will also be debated.

“Building On Your Core: Should Your Firm AddComplimentary Lines of Business, and How?”Moderator: Holly Felder Etlin, XRoads Solutions GroupPanel: Warren H. Feder, Carl Marks Capital Advisors LLC;Stephen Gray, TRG; Cory Lipoff, Hilco MerchantResources LLC; Paul Traub, Traub Bonacquist & Fox LLP

As the latest downturn cycle comes to a close, firms inthe turnaround industry are evaluating their core com-petencies and how to position their services for thefuture. Each of these panelists has added business linessuccessfully to their firms over the past ten years andwill discuss the key issues and pitfalls in the process.

CONCURRENT SESSION TWOMONDAY, OCTOBER 18, 3:15 P.M. – 4:45 P.M.

“Getting on the Short List”Moderator: DeLain Gray, FTI Consulting, Inc.Panel: Wilma Davis, John Hancock Financial ServicesInc./Bond and Corporate Finance Group; Thomas J.Donnelly, UBS Investment Bank; Kaye Handley, AIGGlobal Investment Corp.; Paul V. Kennedy, Banc ofAmerica; Sharon F. Manewitz, Teachers Insurance &Annuity Association

“Issues Affecting Firm Management”Moderator: Daniel F. Dooley, CTP, Morris-Anderson &Associates, Ltd.Panel: James J. Loughlin Jr., CTP, Loughlin Meghji +Company; Deborah Midanek, Glass & Associates, Inc.;James M. Rubenstein, CTP, Alert Consultants Inc.;Robert H. Warshauer, Ernst & Young Corporate Finance LLC

This panel will discuss a variety of issues currentlyimpacting turnaround and financial advisory firms, fromsmall local practices to large international practices.Topics will include the impact of referral source consol-idation, revenue sources post-insolvency boom, inter-nationalization of practices, increased use of profes-sional marketing and branding, accounting-basedapproach versus operational-based approach, roll-upsand consolidation of practices, oversight and manage-ment of principals, use of success fees and splitting upthe firm income.

“Ole, eh? Mexico and Canada: Neighbors and Friends of the U.S.A.”Moderator: Steven J. Weisz, Blake, Cassels & Graydon LLPPanel: Ibrahim Dia, Royal Bank of Canada; Brock Edgar,PricewaterhouseCoopers Inc.; Gilbert A. Herrera, GAHerrera & Co. LLC; Elias Makris, GE NationalRestructuring Group; Jorge Sanchez, GoodrichRiquelme; William E. Skelly, Heenan Blaikie LLP

As the borders between Canada, Mexico and the UnitedStates have become less of a barrier following theimplementation of NAFTA, business enterprises haveexpanded and integrated their operations between andwithin those countries. Opportunities for turnaroundprofessionals abound throughout North America. Whilethe issues facing turnaround professionals maytranscend borders, cultural, legal and social differencesstill need to be understood, appreciated and consid-ered. Implementing a turnaround involving Canadian orMexican operations requires the guidance and expertiseof professionals accustomed to those foreign character-istics. This panel will explore and highlight the similar-ities and differences of the turnaround businesses inCanada and Mexico and how you can better understandand take advantage of the opportunities that exist andcontinue to develop to the north and south.

TMA2004 ANNUAL

CONVENTION

OCTOBER 15-18

MARRIOTT MARQUIS

NEW YORK, NY

The EvolvingRole of

TurnaroundManagement

• • • • •

• • • • •

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ACTP SESSIONSThe Association of Certified Turnaround Professionals (ACTP) is pleasedto offer the following educational programs in conjunction with the 2004Annual Convention.

FRIDAY, OCTOBER 15, 9:00 A.M. – 4:00 P.M.ACTP Management Body of Knowledge Course$400 for this one-day educational programTake your career development to the next level. The ACTP Body of Knowledge Courses are open to allcorporate renewal professionals seeking a comprehensive understanding or refresher on turnaround man-agement. Additionally, these courses are perfect for individuals interested in attaining the CertifiedTurnaround Professional (CTP) designation.

ACTP has defined a comprehensive body of knowledge upon which the certification exam is based.In an effort to assist in preparing for this exam, ACTP offers courses that cover the three areas of thebody of knowledge: management, accounting and law. Please use the registration form in this brochureto sign up for this course. For more information regarding certification and/or the body of knowledgecourse, please contact Tom Lauterback, ACTP Marketing Manager, at 1-312-242-6037 [email protected].

SATURDAY, OCTOBER 16, 8:30 A.M. – 5:00 P.M.CTP Certification ExamThe CTP exam will be held at the Marriott Marquis in New York City and may only be taken by thoseindividuals whose applications have already been accepted and whose application fee has been received.For more details about the exam, or to request an application and study guide, please contact Tom Lauterback, ACTP Marketing Manager, at 1-312-242-6037 or [email protected] or visitwww.actp.org.

SATURDAY, OCTOBER 16, 3:45 P.M. – 5:15 P.M.ACTP Advanced Educational Session$95/personLearn specialized skills and techniques at this advanced educational session. Geared towards CTPs andthose with a similar knowledge base, this program offers learning specific to the needs of turnaroundpractitioners and related professionals. You must be a registered attendee of the 2004 Annual Convention to attend this session. Pleaseuse the registration form on page 15 of this brochure to sign up for this session.

MONDAY, OCTOBER 18, 7:30 P.M. – 9:45 P.M. Gala Dinner with Leslie UggamsThe annual convention concludes with a gala dinner featuring Leslie Uggams, followedby the Wells Fargo Foothill Dessert Reception.

Leslie Uggams made her national television debut at the age of six on the series“Beulah,” portraying the niece of Ethel Waters. Appearances on several other shows,

such as “The Milton Berle Show,” followed. At age seven, Uggams began appearing regularly at theApollo Theater in Harlem with performers such as Louis Armstrong, Ella Fitzgerald and DinahWashington. Uggams’s career blossomed to screen, stage and the recording studio. In 1968, she wona Tony Award for Best Actress in a Broadway Musical Comedy. She added Emmy to her awards collec-tion, winning for co-host of the TV series “Fantasy.” Uggams’s career is still going strong today. In 2001, she was nominated for a Tony Award for Best Lead Actress in a Play for her role in “KingHedley II.” Most recently, she has been seen on the Broadway stage in the Tony Award-winning musical“Thoroughly Modern Millie” and released a CD entitled “On My Way to You.”

ENTERTAINMENT

CONVENTION COMMITTEE

Chair: Sheila T. Smith, Deloitte & Touche LLP

Vice Chair: David M. Weinstein

Edward I. Altman, Ph.D., New York University

Stern School of Business

Michael D. Chartock, Gordon Brothers Group

Holly Felder Etlin, XRoads Solutions Group

Kevin P. Genda, Cerberus Capital Management, LP/

Ableco Finance LLC

Frank A. Merola, Stutman, Treister & Glatt PC

Deborah Midanek, Glass & Associates, Inc.

Andrew B. Miller, Houlihan Lokey Howard & Zukin

Victor D. Russo, CIT Business Credit

Steven J. Weisz, Blake, Cassels & Graydon LLP

HOST COMMITTEE

Stephen A. Donato, Hancock & Estabrook

Richard A. Gere, AmSouth Capital Corp.

Garry M. Graeber, Hodgson Russ LLP

Harvey Gross, HSG Services Inc.

Patrick C. Lagrange, Carl Marks Capital Advisors LLC

John R. Poeta, Phoenix Capital Resources

Robert Raskin, SB Capital Group LLC

Ronald Reuter, RJ Reuter LLC Business Consulting

Jeffery Wurst, Ruskin Moscou Faltischek PC

Thank You to the Host and

ConventionCommittees

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With a diverse population, stunning landmarks, anda vast array of cultural attractions, New York City istruly the city that never sleeps. New York boastsmore than 18,000 restaurants, serving the best food

from every corner of the globe, and more than 150 museums,featuring wonders of art, history, science, music and media.Every night, you can take in a Broadway (or off-Broadway)show. The shopping opportunities are seemingly endless, andsporting events can be found in all five boroughs. Even theseasoned New York traveler should take advantage of all thecity has to offer. Some suggested attractions follow, and pleasereference your registration confirmation letter for further details. For more information on New York, visit www.timeoutny.com, www.nycvisit.com, or www.mustseenewyork.com, or contactthe New York Convention and Visitor’s Bureau at 1-212-484-1200.

MUSEUMSKnown for its unique Frank Lloyd Wright-designed building, the Guggenheim Museumdisplays the works of 19th and 20th centuryartists, such as Chagall, Kandinsky, Miro,Van Gogh and Picasso. Learn more atwww.guggenheim.org

The American Museum of the Moving Imageeducates about the art, history, technique, andtechnology of film, television, and digital

media and examines their impact on culture and society. The museum maintains the UnitedStates’ largest permanent collection of moving image artifacts. Learn more at www.ammi.org

The Metropolitan Museum of Art is a universal museum, housing every category of art in everyknown medium from every part of the world during every epoch of recorded time, from theStone Age to the twentieth century. Find more information about the museum and its exhibits at www.metmuseum.org

Madame Tussaud’s Wax Museum takes you up close and personal withreplicas of your favorite celebrities and historical figures in six themed,

interactive galleries. To learn more, visit www.madame-tussauds.com

The Whitney Museum of American Artcollects and exhibits American art fromthe 20th and 21st centuries. Learn more

about the museum and its exhibits at www.whitney.org

TOURSEnjoy a skyline boat tour of Manhattan, (www.circleline.com) ortake advantage of one of the many other fascinating inside looksat historic New York attractions.

Radio City Music Hall’s Stage Door Tour walks you through the building’s unparalleled restoration, bringing back all of theopulence and splendor of the past while installing state-of-the-art

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technology for the future. See the results of this fascinating project and get the inside story on the eventsand shows that take place here. For more information, visit www.radiocity.com

It has been said that you can live in New York all your life, but until you see it from the top of the Empire State Building, you haven’t seen the city. For more details about visiting the building’s observatory,go to www.esbnyc.com

THEATER AND COMEDY CLUBSAvenue Q, which won three 2004 Tony Awards, including Best Musical, tells the story of a group offriends struggling to find jobs, dates and their ever-elusive purpose in life. John Golden Theater,252 West 45th Street, 1-212-239-6200, www.avenueq.com

I Am My Own Wife, the 2004 Tony Award winner for Best Play and Best Actor and the 2004 Pulitzer Prize winning drama, tells the true story of Charlotte von Mahlsdorf ’s survival against Nazism,Communism and other 20th century atrocities. Lyceum Theater, 149 West 45th Street, 1-212-239-6200,www.iammyownwife.com

Movin’ Out brings the stories in Billy Joel’s music to life in this Tony Award winning play (best choreog-raphy). Richard Rodgers Theatre, 226 West 46th Street, 1-212-307-4100, www.movinoutonbroadway.com

Blue Man Group features three bald, blue characters,who take the audience through a multi-sensory experience combining theater, music, art, science andvaudeville. Astor Place Theatre, 434 Lafayette St.,1-212-254-4370, www.blueman.com

Carolines, now in its 20th year, offers the best in livecomedy by the “hottest” headliner comedians anddynamic up-and-coming comedic talents. Comediansfrom hit sitcoms, movies and cable television regularlylight up the stage. 1626 Broadway (between 49th and50th), 1-212-757-4100, www.carolines.com

The Upright Citizens Brigade Theatre is home for sketch and improv comedy in New York City, offeringaffordable, quality shows seven nights a week. 307 W. 26th St., 1-212-366-9176, www.uprightcitizens.org

The Comedy Cellar has featured comedians such as Jerry Seinfeld, Ray Romano, Paul Reiser,Dave Chappelle and Wanda Sykes-Hall. 117 MacDougall Street, 1-212-254-3480, www.comedycellar.com

OTHER ATTRACTIONSFrom a steamy rain forest to an icy Antarctic penguin habitat, the Central Park Zoo leads visitors throughtropic, temperate and polar regions to encounter fascinating animals. Make it a family day by visiting theTisch Children’s Zoo. 64th Street and Fifth Avenue, www.nyzoosandaquarium.com

The New York Botanical Garden is one of the world’s greatest collections of plants, featuring amongother exhibits, 48 gardens and plant collections on a 250-acre historic site. Bronx River Parkway atFordham Road, www.nybg.org

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Registration FeesUnless otherwise indicated, registration fees include educational sessions, meals and social functions.Convention events are not pro-rated. To attend any portion of the convention, you must register for theentire convention at the appropriate fee as indicated on the registration form on page 15. All registeredattendees will receive a name badge at the convention that must be worn for admittance into these events.

The member registration fee is for current, active TMA members. Please note that TMA membership is on an indi-vidual basis. For the judge/full-time academic/government employee registration fee, a full-time academic isdefined as a student enrolled in at least 12 credit hours per term at an accredited university or an instructoremployed on a full-time basis by an accredited university. All registration fees are indicated on the form on page 15.

Registration forms must be mailed or faxed to TMA. Phone registration is not accepted. Registrations are notconsidered complete until payment is received. Individuals who register at the early registration fee but fail to provide payment before the August 27, 2004, deadline will be charged the regular registration fee.On-site registration for members, non-members, and judges/full-time academics/government employees will be subject to an additional $100 fee (added to the post-August 27 fees). This fee does not apply to the ACTPeducational programs or spouse/guest registration fee.

To ensure your inclusion in the registration list distributed on-site, your registration form, with payment, mustbe received at TMA’s international headquarters office by 5:00 p.m. Central on Wednesday, October 6, 2004. TMA cannot guarantee that individuals who submit registration forms after this date will be included in theregistration list.

Registered attendees will receive written confirmation of their registration by mail. Please carefully review this confirmation notice for accuracy. Changes must be submitted in writing by fax to 1-312-578-8336 or e-mail to Nicole Gibby at [email protected]. If you do not receive a confirmation notice within three weeks ofsending your registration form, please contact Nicole Gibby at 1-312-242-6034.

You may also register on-line at www.turnaround.org.

Spouse/Guest RegistrationSpouse/guest registration fees are for family members, friends and/or non-industry individuals. TMA membersare not eligible for this rate, nor are non-member industry professionals. Spouse/guest registration includesentrance to all meals, social functions, keynote presentations and the exhibit hall. Spouses/guests will receivea name badge at the convention that must be worn for admittance into these events. Meals and social functionsare not available on a pro-rated basis. To attend any of the sessions included in the spouse/guestregistration, you must register your spouse/guest at the full spouse/guest rate.

Hotel InformationThe Marriott Marquis is located in the heart of Times Square, steps from the theater district, fashion district, andRockefeller Center. The hotel is home of The View, New York City’s only revolving rooftop restaurant; a 4,000square foot fitness center overlooking Times Square; and four on-site restaurants and three lounges. For moredetails, visit www.nymarriottmarquis.com.

Reserve your room at the Marriott Marquis by calling 1-800-228-9290 or 1-212-704-8700. Mention TMA toreceive the specially negotiated room rate of $229 per night, single or double occupancy. This rate is onlyguaranteed through Friday, September 17, 2004. TMA cannot guarantee that the room block or hotel willnot sell out before then. Please make your reservation soon. The Marriott Marquis is located at 1535 Broadway,New York, NY, 10036. The main number to the hotel is 1-212-398-1900.

Due to strong interest in this convention, TMA requires that a convention registration form (which includespayment) be received within ten business days of making a hotel reservation. TMA reserves the right toterminate the hotel reservation of any individual who does not comply with this policy.

Attire• Educational Sessions: Business Casual• Receptions/Dinner: Business

Business Casual/Nice Business Casual: For men, includes cotton pants such as khakis, polo-type or button-down collared shirts, sweaters. For women, includes slacks or cotton pants, button-down shirts or top.

Business: (After Five Attire): For men, includes collared, button-down shirts, suit and tie. For women, includespants or skirt suits or dresses.

GENERAL INFORMATION

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CONTINUING EDUCATION CREDIT• CPAs and CTPs — maximum 8.0 hours (excluding ACTP sessions). Credit for the ACTP Body of Knowledge Review Course and

Advanced Educational Session is pending application.

• Attorneys — CLE applications are pending for all sessions.

The Turnaround Management Association is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy havefinal authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may beaddressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site:www.nasba.org There is no prerequisite or advance study necessary to attend the 2004 Annual Convention or to qualify for continuing education credit. For more information regarding administrative policies such as complaint and refund, please contact TMA at 1-312-578-6900.

CANCELLATION AND SUBSTITUTION POLICIES

DRINK TICKETSEach registered attendee (including guests) of the 2004 Annual Convention will receive six complimentary drink tickets with their registrationmaterials. These tickets may be used at the Opening Reception Saturday night, the Exhibitor Reception on Sunday, and/or the Gala Receptionon Monday night. The tickets are for alcoholic beverages only (includes beer, wine and liquor). Soft drinks and water are available at nocharge. Please note that these tickets do not need to be used at the Chapters’ Board of Directors reception (Saturday), the ProfessionalWomen’s Networking Group reception (Sunday) or the Chapters’ reception (Monday).

The bars at the three receptions that require drink tickets (listed above) will not take cash. Additional drink tickets may bepurchased at the TMA registration desk. Tickets will be sold in books of six for $40 per book.

Cancellation PolicyNotification of cancellation must be submitted in writing (e-mail is acceptable). Cancellations will not be reviewed or processed untilthey are received in writing. Phone cancellations are not accepted.

Cancellations received on or before Friday, October 1, 2004, will be refunded as follows:• Entire Convention Cancellation: Attendee will receive a refund for the total cost of convention registration plus any additional events

included in the registration less a $250 processing fee. If the cancellation also includes cancellation of a spouse/guest registration, the refund will be for the total of all registrations less the $250 processing fee.

• Spouse/Guest Cancellation: Attendee will receive a refund for the total cost of spouse/guest registration less a $250 processing fee.• Individual Event(s) with Registration Fees more than $200: Attendee will receive a refund less a $75 processing fee. If the attendee

registered for more than one event, each meeting these price guidelines or which combine to meet these guidelines, the refund will befor the total amount of the events less a $75 processing fee.

• Individual Event(s) with Registration Fees of $200 or less: Attendee will receive a refund less a $25 processing fee.

Cancellations received after Friday, October 1, 2004, will not be refunded. This includes the entire convention registration and/or individual events. Individual events will not be refunded regardless of whether or not the individual still plans to attend the convention.(See substitution policies below for alternative solutions.) TMA does not issue credits for future educational events.

Note regarding TMA Membership Renewal: Unless you indicate otherwise in your cancellation notice, TMA will not cancel the member-ship renewal portion of any registration. If you would like to cancel the membership renewal portion of your registration, the cancellationpolicies above will not apply to the membership renewal portion only. Cancelled membership renewals will be refunded in full at any time.

Substitution PolicySubstitutions are permitted at any time. Substitutions must be submitted in writing (e-mail is acceptable). Substitutions will not bereviewed or processed until they are received in writing. Phone substitutions are not accepted. The substitute must be from the samefirm as the original registrant, and the substitution notice should include accurate contact information for the substitute. Substitutionsalso must be of the same TMA membership status; otherwise, the substitute will be invoiced for the difference in registration fees.

• Entire Convention Substitution: Substitution of an entire convention registration also includes any individual events/registrations includedon the original registration, including spouse/guest registration. If the substitute does not wish to utilize these events/registrations,refunds will be issued in accordance with the cancellation policies outlined above. Alternatively, the policy below may apply.

• Individual Registration Option(s) Substitution: Substitutions are allowed for individual registration options provided that the substi-tute is a member of the same firm as the original registrant and is a registered attendee of the 2004 Annual Convention

• Membership Renewal: Membership renewals are non-transferable. In the case of a substitution for an entire convention registration, the membership renewal will stay with the original registrant.

Registrants who fail to attend the convention and do not notify TMA in accordance with these policies and deadlines areresponsible for full payment.

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VISIT THE EXHIBIT HALL

Annual convention exhibitors provide critical services to corporate renewal profes-sionals. Don’t miss this opportunity to learn how more than 60 service providers,including asset-based lenders, accounts receivable outsourcing professionals,

appraisers, real-estate consultants, liquidators and investment bankers, among others, willbenefit your business. For questions about exhibiting at the 2004 Annual Convention,please contact Joe Karel at 1-312-242-6039 or [email protected].

Exhibit Hall HoursSunday, October 17, 7:00 a.m. - 7:30 p.m.Monday, October 18, 7:30 a.m. – 11:00 a.m.

Exhibitor Grand Prize DrawingRegistered attendees (not including registered exhibitors and spouses/guests) will receivean exhibitor grand prize drawing ticket with their convention materials. To enter the draw-ing, attendees must drop their ticket into the drawing bin located in the exhibit hall. TheExhibitor Grand Prize Drawing will be held on Sunday evening, October 17, during theExhibitor Reception. The reception begins at 6:30 p.m. and the prize drawing will be heldshortly thereafter.

Past ExhibitorsABF Journal

AccuVal Associates, Incorporated

American Bankruptcy Institute

American Recovery Group, LLC

Asset Solutions Group

Association of Certified Turnaround Professionals

Association of Insolvency and Restructuring Advisors

Atlas Partners, LLC

The Atwell Companies

Brown Gibbons Lang & Co.

Buxbaum/Century

C & R Credit Services, Inc.

Cash Management Solutions

Commercial Credit Counseling Services

Commercial Finance Association

Commercial Law League of America

Computer Horizons Corporation

Congress Financial Corporation

The Dickerson Group, Inc.

DoveBid, Inc.

EMCC, Inc./SB Capital Group

Emerald Technology Valuations LLC

Fleet Capital Corporation

GE Corporate Financial Services

GMAC Commercial Finance

Gordon Brothers Group

The Gordon Company, Inc.

Great American Group

The Hilco Organization

Interfor, Inc.

Jay Cobb & Marley

Jefferies & Company, Inc.

Keefe Bruyette & Woods, Inc.

Keen Consultants, LLC

Koster Industries, Inc.

Libra Securities, LLC

LiquiTec Industries, Incorporated

Mesirow Financial

Michael Fox International, Inc.

The Nassi Group LLC

Northern Healthcare Capital, LLC

The Ozer Group

Portfolio Recovery Associates, Inc.

Prime Locations LLC

Rabin Worldwide LLC

Receivables Outsource Management

RenewalNet, LLC

Retail Consulting Services Inc.

Textron Financial Asset Based Lending Group

Turnaround Management Association

W. P. Carey & Co. LLC

Wells Fargo Business Credit, Inc.

Wells Fargo Foothill

Winternitz, Inc.

Executive DirectorLinda Delgadillo, [email protected]

Convention Registration, Substitution, CancellationNicole [email protected]

Overall Convention, Speakers, Awards and CompetitionsLaura [email protected]

Sponsorship, Exhibit HallJoe [email protected]

Overall ACTP, ACTP Reviewand/or ExamTom [email protected]

PressCecilia Green, CAE, [email protected]

MembershipKyle Storjohann, [email protected]

Chapter RelationsDale [email protected]

QUESTIONS?

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T he Marriott Marquis is located approximately 15 miles from LaGuardia (LGA) Airport and John F. Kennedy (JFK) Airport and20 miles from Newark (EWR) Airport. Transportation options

to and from each airport follow below. For more details, please visitwww.panynj.gov, and click on LGA, JFK or EWR.

TAXI, SHUTTLE AND DRIVING DIRECTIONS La Guardia Airport (LGA)Taxicab ServiceTaxicab pick-up is located at the taxi stands outside each terminal at LGA.Please note that, except to Manhattan, the fare within New York City isthe amount indicated on the meter at the end of your trip, plus any tollsand tip. One fare pays for a maximum of four passengers. The taxicab rateis as follows: $2.50 initial charge (first 1/5 mile). $0.40 per each addi-tional 1/5 mile. $0.40 per 120 seconds of stopped or slow traffic. $1.00peak time surcharge from 4:00 p.m. to 8:00 p.m. on weekdays, excludingholiday traffic. $0.50 surcharge from 8:00 p.m. to 6:00 a.m. daily.

Shuttle ServiceYou may contact New York Airport Service Express Bus at 1-718-875-8200.The shuttle cost is $12 each way or $17 round-trip for direct access tothe Marriott Marquis (and all hotels between 33rd and 63rd Streets). For$10 each way, the shuttle will drop you off at the Port Authority BusTerminal (42nd Street & 8th Avenue-Airport Bus Center). You may accessthe shuttle outside of the baggage claim area of LGA (look for the NewYork Airport Service Express Bus sign and ticket agent). The shuttle runsevery 20 minutes, starting at 7:20 a.m., and the route takes 30-45minutes (longer at peak hours). You must make a reservation at least 24 hours in advance for the return trip to the airport.

You may also contact Super Shuttle Manhattan at 1-800-258-3826.The shuttle cost is $15 each way. This shared mini-bus drops off at des-tinations anywhere between Battery Park and 227th Street, including allhotels. The shuttle runs on demand 24 hours a day. You may access theshuttle by picking up the Super Shuttle phone in the ground transporta-tion area on the lower level of the airport. Reservations are not requiredto the hotel but are required for the return trip to the airport. If you makea reservation for the trip to the hotel, you must pay in advance.

Driving from La Guardia (LGA) Airport to the Marriott MarquisTake the Grand Central Parkway to L.I.E. (Midtown Tunnel). Proceedstraight up 42nd Street to 8th Avenue. Turn right on 46th Street. Proceedstraight to the hotel.

John F. Kennedy (JFK) AirportTaxicab ServiceTaxicab pick-up is located at the taxi stands outside each terminal at JFK.Please note that, except to Manhattan, the fare within New York City isthe amount indicated on the meter at the end of your trip, plus tolls andtip. One fare pays for a maximum of four passengers. All trips from JFK tothe first destination in Manhattan are $45.00. There is no metered fareor $0.50 surcharge at any time for these trips. This does not include tollsand tips. The standard $0.50 night surcharge should not be added to thisflat rate, nor should the $1.00 peak time surcharge. The meter and receiptshould reflect that this trip is a flat fare.

Shuttle ServiceYou may contact New York Airport Service Express Bus at 1-718-875-8200.The shuttle cost is $15 each way or $23 round trip for direct access tothe Marriott Marquis (and all hotels between 33rd and 63rd Streets). For $13 each way, the shuttle will drop you off at the Port Authority BusTerminal (42nd Street & 8th Avenue-Airport Bus Center). You may access

the shuttle outside of the baggage claim area of JFK (look for the NewYork Airport Service Express Bus sign and ticket agent). The shuttle runsevery 20 minutes, starting at 6:15 a.m., and the route takes 45 - 65 min-utes (longer at peak hours). You must make a reservation at least 24hours in advance for the return trip to the airport.

You may also contact Super Shuttle Manhattan at 1-800-258-3826.The shuttle cost is $17 each way. This shared mini-bus drops off at des-tinations anywhere between Battery Park and 227th Street, including allhotels. The shuttle runs on demand 24 hours a day. You may access theshuttle by picking up the Super Shuttle phone in the ground transporta-tion area on the lower level of the airport. Reservations are not requiredto the hotel, but are required for the return trip to the airport. If youmake a reservation for the trip to the hotel, you must pay in advance.

Driving from John F. Kennedy (JFK) Airport to the Marriott MarquisTake the Van Wyck Expressway to Grand Central Parkway to L.I.E.(Midtown Tunnel). Proceed straight up 42nd Street to 8th Avenue. Turnright on 46th Street. Proceed straight to the hotel.

Newark Airport (EWR)Taxicab ServiceTaxicab pick-up is located at the taxi stands outside each terminal atEWR. One-way taxicab service to New York City/Manhattan for one or morepassengers, excluding tolls and dropping off between West 35th Streetand West 58th Street, costs $48. Please note that there is an additional$5.00 surcharge to all points in the State of New York, except StatenIsland, during weekday rush hours (6:00 a.m. - 9:00 a.m. and 4:00 p.m.- 7:00 p.m.) and on weekends from 12:00 p.m. – 8:00 p.m.

Shuttle ServiceYou may contact Olympia Airport Express at 1-212-964-6233 or 1-908-354-3330. The shuttle cost is $16 each way ($29 round trip) to theMarriott Marquis (and all hotels between 33rd and 63rd Streets). For $12each way ($19 round trip), the shuttle will drop you off at the PortAuthority Bus Terminal (42nd Street & 8th Avenue-Airport Bus Center).You may access the shuttle at the ground transportation desk on the bag-gage claim area level of EWR. To the Marriott, the shuttle runs every 20minutes from 8:30 a.m. until 9:00 p.m. The route takes 15 - 20 minutes(longer at peak hours). You must make a reservation at least 24 hours inadvance for the return trip to the airport.

You may also contact Super Shuttle Manhattan at 1-800-258-3826.The shuttle cost is $17 each way. This shared mini-bus drops off at des-tinations anywhere between Battery Park and 227th Street, including allhotels. The shuttle runs on demand 24 hours a day. You may access theshuttle by picking up the Super Shuttle phone in the ground transporta-tion area on the lower level of the airport. Reservations are not requiredto the hotel, but are required for the return trip to the airport. If youmake a reservation for the trip to the hotel, you must pay in advance.

Driving from Newark (EWR) Airport to the Marriott MarquisTake the New Jersey Turnpike north to the Lincoln Tunnel. Follow signs to42nd Street (north). Take a left onto 8th Avenue and a right on 46thStreet. Proceed straight to hotel.

PARKING AT THE MARRIOTT MARQUIS

Valet parking is available for $45 each day (one day is defined as yourcheck-in time until 12:00 p.m. the next day.) In/out service is availableat a cost of $10 each time that you remove your car from the valet park-ing. If you do not require overnight parking, daily parking is available for$30 for the first 3 hours and $38 for 3-12 hours. All parking is availableon a first-come, first-served basis.

GROUND TRANSPORTATION

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Cornerstone Capital DonorBack Bay Capital Funding LLC

Bank of America Business CapitalBank of America Retail Finance Group

Gordon Brothers Group

Cornerstone DonorCIT

Leadership DonorALTMA Group, LLC

Glass & Associates, Inc.

Realization Services, Inc.

Skadden, Arps, Slate, Meagher & Flom LLP

Sustaining Donor

Andersen

Bank of America Commercial Finance

BBK, Ltd.

DoveBid Valuation Services

Morris-Anderson & Associates, Ltd.

NachmanHaysBrownstein, Inc.

Wells Fargo Business Credit, Inc.

Benefactor DonorAbacus Advisors Group LLC

AEG Partners, LLC

AlixPartners, LLC

Atlas Partners, LLC

Congress Financial Corporation

Deloitte & Touche LLP

Executive Sounding Board Associates Inc.

Gardner Carton & Douglas LLP

Kronish Lieb Weiner & Hellman LLP

Prime Locations LLC

Ravin Greenberg PC

Riemer & Braunstein LLP

Trimingham Americas, Inc.

Wells Fargo Foothill

Patron DonorAtwell, Curtis & Brooks, Ltd./

University Management Associates & Consultants Corp.

Aurora Management Partners Inc.

Bear Stearns & Co.

The Belet Group, Inc./Belet Acquisitions, Inc.

Blank Rome LLP

Buccino & Associates, Inc.

Cadwalader, Wickersham & Taft LLP

Carl Marks Consulting Group LLC/Carl Marks Capital Advisors LLC

Conway MacKenzie & Dunleavy

FINOVA Capital Corporation

FTI Consulting, Inc.

Horizon Management Inc.

JPMorgan Chase & Co.

KPMG LLP

Kugman Associates

The Nassi Group, LLC

Philip + Company, Inc.

Quarles & Brady LLP

RAS Management Advisors, Inc.

Retail Consulting Services

Schulte Roth & Zabel LLP

SSG Capital Advisors, L.P.

Wells Fargo Bank, N.A.

Wells Fargo Retail Finance

XRoads Solutions Group

Supporter DonorAllomet Partners, Ltd.

American Express Tax & Business Services

American Recovery Group, LLC

Beane Associates, Inc.

Cairncross & Hempelmann, P.S.

Caledonia Group Inc.

Capital Restoration, LLC

Citadel Investment Group

Continental Advisory Services, LLC

The Daley-Hodkin Group

Dickinson Wright PLLC

EMCC, Inc.

Emerald Technology Valuations LLC

Ernst & Young Corporate Finance LLC

Fennemore Craig

The Finley Group

CORNERSTONE PROGRAM DONORS

First American Corp. UCC Insurance Division

Fort Dearborn Partners, Inc.

Getzler Henrich & Associates LLC

Gibson, Dunn & Crutcher LLP

Gray Cary Ware & Freidenrich

Great American Group

Hilco Capital LP

Hilco Merchant Resources LLC

Hill & Gertner Capital Corporation

Joe Foster Real Estate Advisors

KBK Financial, Inc.

Lain Faulkner & Co.

McShane Group

Mehmco Financial Services Inc.

Michael Fox International Inc.

Miles & Stockbridge P.C.

Modesitt Associates, Inc.

The Nauset Group, Inc.

Northern Healthcare Capital, LLC

Ozer Valuation Services

The Parkland Group, Inc.

Penn Hudson Financial Group, LLC

Phoenix Advisors & Collections, Inc.

Phoenix Management Services, Inc.

Piper Rudnick LLP

Project Executive Group, Inc.

Protiviti

Renaissance Partners, L.C.

Republic Financial Corporation

RJ Reuter Business Consulting

RKG Osnos Partners LLC

Rochelle, Hutcheson & McCullough, LLP

Ruskin Moscou Faltischek, P.C.

SB Capital Group

Seth R. Freeman/E M Management, Inc.

Sherman, Lavallee & Associates, LLC

State Securities PLC (United Kingdom)

Sterling Supply Co.

Stout Risius Ross, Inc.

Strategic Management Partners, Inc.

Stutman, Treister & Glatt

TeamWork Technologies, Inc.

Tono-Bungay Consulting, Inc.

The Treadstone Group, Inc.

Winternitz, Inc.

Wiss & Company, LLP

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You may also register on-line at www.turnaround.orgFull Name ______________________________________________ Goes by (for badge) ____________________

Company ___________________________________________________________________________________

Address ____________________________________________________________________________________

City, State, Zip _______________________________________________________________________________

Phone _______________________________________________ Fax __________________________________

E-mail _____________________________________________________________________________________

■■ First Time Attendee at a TMA Annual Convention

Registration FeesOn or before August 27 After August 27

Member $1,145 $1,345Nonmember $1,345 $1,545Judge/Full-time Academic/ $ 750 $ 950

Government Employee

Spouse/Guest Registration $520

Spouse/Guest Name: __________________________________________________________________________

City, State (for name badge): ___________________________________________________________________

ACTP Sessions■■ $400 Management Body of Knowledge Course

■■ $ 95 Advanced Educational Session

2005 Membership Renewal■■ Membership $275 ■■ Government/Academic $115 ■■ Student $65

Payment■■ Check Enclosed (payable in U.S. funds to Turnaround Management Association)■■ Visa ■■ MasterCard ■■ American Express

Card Number ___________________________________________ Expiration Date ______________________

Signature_________________________________________________________________________________

Total Amount Paid $_________________

Special Needs

____________________________________________________________________

__________________________________________________________________________________

General InformationRegistration Fees: Unless otherwise indicated, registration fees include educational sessions, meals and social functions.Convention events are not pro-rated. Sessions requiring additional fees are listed above. The member registration fee is for current, active TMA members. TMA membership is on an individual basis. For the judge/full-time academic/government employee registration fee, a full-time academic is defined as a student enrolled in at least 12 credit hoursper term at an accredited university or an instructor employed on a full-time basis by an accredited university.

Spouse/Guest Registration Fees: Spouse/guest registration fees are for family members, friends and/or non-industryindividuals. TMA members are not eligible for this rate, nor are non-member industry professionals. Spouse/guestregistration includes entrance to all meals, social functions, keynote presentations and the exhibit hall. Meals and socialfunctions are not available on a pro-rated basis.

Processing Registrations: Registration forms must be mailed or faxed to TMA. Phone registration is not accepted.Registrations are not considered complete until payment is received. Individuals who register for the early registrationfee but fail to provide payment before the August 27, 2004, deadline will be charged the regular registration fee.

Cancellation/Substitution Policy: Please carefully review these policies on page 11 of this brochure.

TMA2004 ANNUAL

CONVENTION

OCTOBER 15-18

MARRIOTT MARQUIS

NEW YORK, NY

The EvolvingRole of

TurnaroundManagement

• • • • •

• • • • •

REGISTRATION FORM

15

Questions about registration may be

directed to Nicole Gibby at 1-312-242-6034 or

[email protected].

REGISTRATIONQUESTIONS?

Turnaround ManagementAssociation

100 S. Wacker Drive, Ste. 850, Chicago, IL 60606

or Fax: 1-312-578-8336

MAIL OR FAXREGISTRATION TO:

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