1. Turnaround, Restructuring & Insolvency
About Nexia TRI
Turnaround, Restructuring & Insolvency

2. Introduction This conference Welcomes 17 TRI Delegates 13 Firms
11 Countries

3. Developing the TRI network
What does TRI cover?
Advisory
Insolvency/ bankruptcy
Turnaround

4. Introduction to the Nexia TRI summit
Agenda
Introduction to the Nexia TRI summit
Evolution
0-18 members
Worldwide spread
Firms represented today
Conference themes to date
Frankfurt highlights

5. TRI Conferences to date
Evolution
TRI Conferences to date
New York
29 attended
12 firms
12 countries
London
33 attended
8 countries
Nicosia
c. 60 attended
14 firms
Frankfurt
c. 54 attended
13 firms
11 countries

6. Nexia TRI – That’s really International
Current reach

7. Previous conferences

8. TRI Fee income for network members
Size of participants
TRI Fee income for network members
Firm (location)
2012 MUSD
2013 MUSD
Cohn Reznick, USA 13 14
Smith & Williamson, UK
Ebner Stolz, Germany 19 20
Pilot Partners, Australia 2
BHL, Norway
1.6
1.4
Zeiffman, Canada
1.3
Rawlinson & Hunter, Cayman Islands*
1.8
2.6
TCFT, Italy
0.3
Converted from local currency on 29 September 2014, rates per xe.com
* Fee income is for years ended 30 June 2013 and 2014 not 2012 and 2013

9. London Conference themes London Cross border issues
Forensics and other investigations
Australia
Ireland
Cypriot and Italian economies
Bankruptcy tourism

10. Cyprus Conference themes Cyprus Cypriot insolvency Economic outlook
Eurogroup banking agreement
Obligations
Underlying difficulties
Cypriot taxes

11. Frankfurt Conference themes Frankfurt German and European economies
Debt and turnaround transactions
German processes
Motor trade turnaround

12. Frankfurt, September 2014
Thanks to Carsten Nagel

13. Frankfurt, September 2014 Keynote speakers Mike Jones
Markus Muller Deutsche Bank
German economy & European capital markets
Henning Block
Rothschild
Investing in distressed assets and debt
Steffen Koch
Hww wienberg wilhelm
New German insolvency code
Mike Jones
ASE Profit Optimisation
Motor dealership turnaround
Phil Dougall
Metric Capital Partners
New debt providers in turnarounds
Armin Rehberg
Landgard
Restructuring of plant and produce sector

14. Frankfurt 2014 Others Ebner Stolz (our hosts) Nexia Smith & Williamson
General Motors

15. Cyprus, December 2013
Thanks to John Poyiadjis

16. Cyprus, December 2013

17. Cyprus, December 2013 Highlights Cypriot insolvencies and bankruptcies
Present financial scene in Cyprus
Cyprus in the energy era
Immovable property in Cyprus
Norway
The future of Cyprus
Cyprus legal system and public tenders

18. London, May 2013 Highlights Cross border war stories
UK & International forensic issues
Australian insolvencies
Update on Irish insolvencies and economy
Hill International
Bankruptcy tourism and international personal insolvencies
Cyprus
International legal update
Italian economy, insolvency law
International and UK funding case studies by Hilco Commercial

19. Developing the TRI network
Objectives
Lead and referral generation
Joint (cross-border) assignments
Enhance national offerings and credibility from international credentials
Cross border and regional/national insolvency regimes
Continued Professional Development
React to economic, political and other opportunities
Develop new routes to market and new services

20. Developing the TRI network
Immediate Projects
Enhance Nexia International website
Database of:
Contacts
CV’s and credentials
International TRI handbook
Multi-firm sales and marketing team
Funding

21. Developing the TRI network
Expectations, first 3 years 
12 Member firms
Regular meetings
Initial referral(s)
Regular referrals
Improve brand awareness
Nexia
Member firms
Wider network of TRI firms

22. Developing the TRI network
Nexia member firms
Banks
Asset based lenders
Shadow banking sector
Venture capital
Equity & mezzanine funders
Other professionals
Government agencies and other opportunities
Business line referrals
Forensics CF
Tax investigations

23. TRI Business Plan
The road ahead
Next summit:
Rome
May 2015