The Turnaround Management Association (TMA) announced the election of Hon. Kevin J. Carey, U.S. Bankruptcy Court, District of Delaware, as the 2014 TMA President at The TMA Annual on October 3 at the Marriott Wardman Park in Washington, D.C. His term as president begins January 1, 2014.
“I am grateful to be chosen to lead such a multi-faceted organization comprised of the full continuum of restructuring and distressed investing professionals,” said Judge Carey. “I am honored to be the first bankruptcy judge to serve as president and to have this opportunity to contribute outside of the courtroom. I look forward to building upon the success of my predecessors.”
Judge Carey was appointed to his current role in December 2005 after previously serving as a U.S. Bankruptcy Judge for the Eastern District of Pennsylvania since 2001. Judge Carey began his legal career as a law clerk, and then served as Clerk of Court of the Bankruptcy Court for the Eastern District of Pennsylvania. Prior to taking the bench, he was a partner and member of the Financial Services Department of Fox, Rothschild, O'Brien & Frankel, LLP, where he represented financial institutions, corporate creditors, landlords, and debtors in bankruptcy, workouts, and financing matters. Judge Carey received his B.A. from The Pennsylvania State University and his J.D. from the Villanova University School of Law.
Current TMA President Thomas M. Kim, CTP, managing director and founder of r2 advisors llc, transitions to chairman in 2014, taking over for Ronald R. Sussman, partner, Cooley LLP, who moves to immediate past chair.
A Certified Turnaround Professional with more than 20 years of experience with underperforming businesses, Kim focuses on the middle-market. Prior to founding r² advisors llc, Kim worked for a private investment company that targeted special assets transactions. Although retired from law practice since 2001, Kim began his professional career as a bankruptcy lawyer.
View the entire press release from the Turnaround Management Association.