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Norman B. Newman Named Chapter President for
Turnaround Management Association
CHICAGO – January 7, 2008 – Much Shelist Principal Norman B. Newman, Chair of the firm's Bankruptcy, Reorganization & Creditors' Rights practice group, has been named President of the Chicago/Midwest chapter of the Turnaround Management Association (TMA). His term runs through December 31, 2008.
For the majority of his 32 years in legal practice, Newman has focused on bankruptcy and related matters, representing debtors, creditors, creditors' committees and bankruptcy trustees in all phases of proceedings under the Bankruptcy Code. He has extensive experience in handling reorganizations, in-court and out-of-court loan workouts, creditor compositions, and liquidations and assignments for the benefit of creditors. Newman has also served as bankruptcy trustee in a number of significant cases and is a member of the Private Panel of Trustees for the U.S. Bankruptcy Court for the Northern District of Illinois.
"The energy and enthusiasm of all the TMA chapters have fueled the forward momentum and growth of TMA International,” said TMA’s 2008 Chairman William E. J. Skelly. “The Chicago/Midwest Chapter is known for its innovations in education that have become models for other chapters and for its outstanding networking events. Mr. Newman will become part of the legacy of strong leaders since the chapter's formation in 1990. We look forward to his sharing his expertise as he serves on the TMA International Board of Directors during 2008.”
With approximately 1,100 members, TMA's Chicago/Midwest chapter is the largest and one of the most active in the country. TMA is the only international nonprofit association dedicated to corporate renewal and turnaround management. With international headquarters in Chicago, the organization’s 8,000 members in 43 regional chapters (including nearly 15 outside the United States) comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants. For more information, visit http://www.turnaround.org/.
About Much Shelist
Chicago-based Much Shelist is an independent, full-service business law firm focused on the middle market. Since its founding in 1970, Much Shelist has grown to approximately 85 attorneys. The firm offers services in a wide range of practice areas, including business litigation; corporate law; mergers and acquisitions; corporate finance and securities; commercial finance; taxation and business planning; real estate; bankruptcy, reorganization and creditors' rights; employee benefits and executive compensation; health care; insurance coverage and risk management; intellectual property; labor and employment; and wealth transfer and succession planning. Clients include middle-market businesses, financial institutions, public and private companies, families and high-net-worth individuals. For more information, visit http://www.muchshelist.com/.
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