TMA’s global community — spanning advisors, attorneys, lenders, and operators — plays a critical role in helping businesses navigate complexity, adapt to change, and recover stronger. Behind every successful turnaround is a network of experienced professionals collaborating to solve high-stakes challenges and preserve value.
ABF Journal is proud to share the next installment of TMA’s 10-part interview series produced by Second Wind Consultants/Rise Alliance, highlighting the people and perspectives shaping the turnaround and restructuring industry.
This episode, Leading Edge Series With Adam Duso: Out-of-Court: A Path to Value Preservation, features a discussion between TMA Global President Brian Gleason, CTP, J. S. Held, and Adam Duso, Second Wind Consultants, on one of the most important shifts occurring in today’s restructuring landscape: the growing use of out-of-court solutions to preserve value and create better outcomes for stakeholders.
As bankruptcy proceedings become increasingly costly and complex, distressed companies, lenders and advisors are exploring alternatives that can provide greater flexibility, faster execution and improved recoveries. Duso shares his perspective on how restructuring professionals can evaluate available options, preserve going-concern value, and navigate challenging situations before value begins to erode.
The conversation also explores emerging trends affecting the middle market, including the growing prevalence of merchant cash advances and the unique challenges they can create for borrowers, lenders and restructuring professionals. Throughout the discussion, Duso highlights the importance of creative problem-solving, collaboration and early intervention when addressing financial distress.
The interview concludes with a look at the relationships and multidisciplinary expertise required to execute successful restructuring transactions. Duso reflects on how TMA’s network of lenders, attorneys, advisors and consultants continues to create opportunities for collaboration and better outcomes across the industry.
Watch the full interview to hear insights on value preservation, restructuring alternatives and the evolving strategies helping businesses navigate financial distress. Stay tuned for the next episode in the series as TMA continues to spotlight the leaders and ideas shaping the future of turnaround and restructuring.