This year’s TMA Europe flagship event for the Central & Eastern Europe is taking place in Zagreb, co-hosted and co-organized by TMA Croatia. The event is going to explore some of the recent turnaround cases from the region, including Agrokor. Join the event and connect with with leading corporate restructuring professionals in the region.
For speaking and sponsorship opportunities, please contact Mirna Marovic at mirna.marovic@tma-croatia.com.
Turnaround Management Association Croatia (TMA Croatia) was recently established as a local chapter of TMA Global, an international organisation dedicated to corporate restructuring headquartered in the US city of Chicago.
TMA Global was established in 1988 as the sole international organisation dedicated to corporate renewal and restructuring. TMA Global is a professional association with over 9,300 members in 49 local chapters around the world.
The objective of TMA Croatia is to become a great forum to discuss the best practices in restructuring, establish international professional contacts and to source rescue capital to finance corporate recovery plans. Membership in TMA Croatia may be of interest to bankers, lawyers, turnaround/insolvency advisors, M&A advisors, educators, factoring companies and appraisers.
TMA Croatia's first project is the publication of this book, Challenges of the New Insolvency Act – Closing Gaps or Openign Loopholes?, in which Mirna Marović, the volume's editor and TMA Croatia first vice president, has pooled prominent insolvency experts, including judges, lawyers, consultants, economists and public service experts in the field. The intention behind the present text is that it will form an up-to-date account of themes, developments and perspectives relating to the new Insolvency Act.
Aimed at a practitioner audience, this collection of papers delivers cutting edge material. The timing of the book – to be issued on the day that the Insolvency Act comes into force – aims to provide timely notice to the target audience.
Papers in this book present both procedural and substantive matters relating to the Insolvency Act. However, the objective of the book is to go beyond an appraisal of the new law. This book also hopes to address and emphasise the development of the law where the articulation contains loopholes. Thus, the contribution of this book is to point out where features of the Insolvency Act are optimally designed, and which ones could benefit from improvement.
TMA Croatia was established by the founding members who serve as the Managing Board of the organization: Mirna Marovic, Director, VentureXchange Ltd.; Hrvoje Draksler, CEO, J&T Banka; Igor Benakovic, Director, Business treasury Ltd.; Michael Cullinane, Director, EMSA Capital; Tomislav Corak, Principal, Boston Consulting Group; Michael Glazer, Director, SEE Regional Advisory Ltd.; Beata Glinska, Partner, Law firm Glinska & Miskovic; Andrej Grubisic, Managing Partner, Grubisic & Partneri; Lena Habus, Director, Ernst & Young Advisory Ltd.; Darija Hikec, Senior Manager, Pricewaterhouse Coopers Advisory Ltd.; Krunoslav Simatovic, Director, Nexus Private Equity Partners Ltd.
