Team Composition: All TMA chapters (North America and international affiliates) are eligible to participate in the Competition. All teams shall have a minimum of three (3) members and a maximum of four (4) members.
New for 2026: There is no required team composition. Teams may consist of members from any discipline or profession that they choose. However, it is recommended the Committee recommends that teams should aim to include at at least one (1) bankruptcy/restructuring attorney, one (1) financial advisor or consultant, and one (1) lender or investor to assist them with the competition. To emphasize, this is not a requirement.
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 virtually in the preliminary, semi-final, and final rounds.
Entry Fee: Each TMA Chapter will pay a $250 entry fee for their team prior to the preliminary rounds.
2026 TMA Turnaround Tourney Schedule
Applications accepted: April 1 – May 15
Case study sent to teams: June 12
Preliminary Round: July 15,16, and 17*, between 10:00 a.m. – 4:00 p.m. CT, virtual
Semi-Final Round: August 14*, virtual
Final Round: TBD Mid-September 2026, virtual
Please see the attached, extended competition rules and email Education@turnaround.org with any questions!