Turnaround Management Association (TMA) has recognized Trident USA Health Services in the Large Company Turnaround category as part of its Turnaround and Transaction of the Year Awards.
James M. Peck, head of the firm’s cross-border restructuring practice, has been praised for his extraordinary commitment to resolving disputes over the treatment of non-dischargeable claims that threatened to derail the Trident case. Former Judge Peck, as court-appointed mediator, participated actively in complex plan negotiations, helping the parties to achieve a successful restructuring. Mark Lightner, Of Counsel in the firm’s Business Restructuring and Insolvency Group, made a significant contribution to this great outcome.
The Turnaround Management Association (TMA) is the largest nonprofit serving corporate renewal and restructuring professionals worldwide. The professionals associated with these awards successfully navigated complex and challenging special situations, resulting in positive outcomes that preserved value, saved jobs, and demonstrated the power of collaborative and creative efforts to achieve a positive end.
You can view the list of TMA Turnaround and Transaction of the Year Awards recipients on TMA’s website.