Practices
PSZJ Named in 2024 TMA Turnaround/Transaction of the Year Awards
The firm is pleased to announce that it has been selected by the Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide, as a winner of the 2024 Turnaround and Transaction of the Year Awards. PSZJ was recognized by the highly competitive and prestigious awards for its work in the chapter 11 bankruptcy of Bittrex, Inc., which was selected as TMA’s Mid-Size Company Turnaround/Transaction of the Year, and Borrego Community Health Foundation, which was selected as the Non-Profit Company Turnaround/Transaction of the Year.
Laura Davis Jones was the principal attorney responsible for the Bittrex engagement, while Jeff Pomerantz and Steve Golden were the principal members of the PSZJ team serving the committee of unsecured creditors in the Borrego case.
Since 1993, TMA has honored excellence through its annual awards program, which recognizes the most successful turnarounds and impactful transactions industrywide. Each year, the Turnaround/Transaction of the Year Awards are chosen based on a rigorous peer-review process by the volunteer TMA Awards Committee. This process includes extensive diligence of each nominated case. As the judges review all components of each entry, they look for well-defined, measurable outcomes.
“This year’s TMA Turnaround and Transaction of the Year Award recipients are a testament to the dedication, innovative practices, and relentless commitment needed in the turnaround and restructuring industry to excel,” says TMA Global Chief Executive Officer Scott Y. Stuart, Esq. "They have proven to be in a league of their own."
The winners of this year’s awards will be recognized and celebrated for their achievements during the 2024 TMA Annual at the Loews Philadelphia on October 15-18, 2024.
TMA’s press release announcing this year’s honorees can be found below.
TMA Announces the 2024 TMA Turnaround and Transaction of the Year Awards
To learn more and to register for the TMA Annual, click below.