Articles

TMA Australia members are encouraged to submit articles. Please contact the TMA National Office at info@turnaround.org.au or 1300 042 811.

Recognising the best turnarounds and restructurings and highlighting member achievements, a select TMAA panel adjudicated and presented awards across four categories, as well as two separate special awards at the Gala Dinner at our recent 2015 Annual Conference. Small Company Turnaround of the Year: Withcott Seedlings (TMA Member firms: Deloitte, Suncorp Bank) Mid-Size Company Turnaround...

Published 12-11-15 by Categories Uncategorized
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In early September, The Annual TMA Australia National Conference for 2015 was hosted in Melbourne. The TMA once again delivered a world-class event, featuring keynote addresses from the Hon. Julia Gillard (pictured), Qantas CEO Alan Joyce, as well as CEO’s from some of Australia’s most iconic brands, among others. Some key takeaways from the conference:...

Published 12-11-15 by Categories Uncategorized
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What makes your chapter great? The level of commitment and engagement of our members. Whether it’s the younger members involved in Nextgen, the regional committees and events, at the national board level, or individual members providing their input and feedback all throughout the year, TMA Australia has managed to foster a culture where everyone wants...

Published 12-11-15 by Categories Uncategorized
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Baker & McKenzie share their article Secured parties and Deeds of Company Arrangement: How secure is your circulating security interest? with us. In the matter of Bluenergy Group Limited (subject to DOCA) (Admin Apptd)[2015] NSWSC 977 The conventional approach to a proposal by a grantor for execution of a Deed of Company Arrangement (DOCA) by...

Published 30-10-15 by Categories Uncategorized
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At a TMA event in Perth on 15 October, Mark Mentha and Scott Langdon from 333 Group reflected on their experience gained from helping mining service companies, and their insights into the challenges facing CROs in the mining services sector. Among the challenges that Mr Mentha and Mr Langdon faced was the significant imbalance in...

Published 28-10-15 by Categories Uncategorized
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Ashurst share their article Ipso facto clauses – Time for reform with us. The introduction of legislative restrictions on the enforcement of ipso facto clauses has re-emerged as a law reform issue in the Productivity Commission Draft Report “Business Set-up, Transfer and Closure” (May 2015). Ipso facto clauses bring a contract to an end, or...

Published 01-10-15 by Categories Uncategorized
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The annual 333 TMA Survey provides an insight into the causes, challenges and successes of Australian corporate turnarounds. 2015 marks the sixth release of the survey, providing a deeper understanding of emerging and continuing trends. These summary results cover four broad topics – industries which are declining or improving; turnaround funding and financial restructuring strategies;...

Published 29-09-15 by Categories Uncategorized
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Carl Gunther from KPMG shares his article ‘Who’s idea is that anyway with us’ In the lead up to last year’s NSW election win by the Baird Government Premier Baird made it a policy imperative to seek out and receive ideas from the wider public and business community about the solutions to the big issues....

Published 21-09-15 by Categories Uncategorized
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Ashurst share their recent article Dirty Deeds: The effect of DOCAs on secured contingent liabilities with us. Dirty Deeds: The effect of DOCAs on secured contingent liabilities The WA Court of Appeal in Australian Gypsum Industries Pty Ltd v Dalesun Holdings Pty Ltd [2015] WASCA 95 (13 May 2015) has confirmed that deeds of company...

Published 21-09-15 by Categories Uncategorized
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Martyn Strickland from Deloitte shares his article, Recover and transform: How to fast forward to a time when you’re winning again with us. Are you feeling the pressure? Following 23 years of unbroken economic growth, Australia is experiencing a period of unprecedented disruption which means managing your businesses performance isn’t exactly straightforward. In this environment,...

Published 05-08-15 by Categories Turnaround
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