Team Composition: All TMA chapters (North America and international affiliates) are eligible to participate in the Competition. Each chapter may only be represented by one (1) team, except where NextGen members from multiple chapters are combined to form one team. All teams shall have a minimum of three (3) members and a maximum of four (4) members. The team shall include at least one (1) bankruptcy/restructuring attorney, one (1) financial advisor or consultant, and one (1) lender or investor. The fourth member, if any, may be from any profession or discipline. Each team shall designate one official team coach but in the preparation of their presentation, shall not be precluded from seeking advice of other professionals.
Eligibility: All applicants must be TMA members that qualify as NextGen (under 40 years of age at the time of qualifying for the competition); be committed to participate in the preliminary and semi-final rounds; and be committed to attend the Final Round on October 15th, 2025 at the TMA Annual in New Orleans LA.
Entry Fee: Each TMA Chapter will pay a $250 entry fee for their team
2025 TMA Turnaround Tourney Schedule
Applications Accepted: April 1 – May 15
Case Study Sent to Teams: June 13
Preliminary Round: July 15,16, and 17, between 10a-4p CT, Virtual *
Semi-Final Round: August 14, Virtual*
Final Round: Wednesday, October 15, 2025, TMA Annual, New Orleans, LA
Please see the attached, extended competition rules and email Education@turnaround.org with any questions!