Casner & Edwards partner Michael J. Fencer presented on the Turnaround Management Association (TMA) Northeast panel, “Distressed Companies: Alternatives to Bankruptcy,” on October 22, 2026. The panel examined the range of restructuring and turnaround options available to distressed small and mid-market companies, including how to evaluate strategic alternatives, preserve enterprise value, and approach challenging situations with creativity. Drawing on real-world experiences, panelists discussed potential solutions for professionals navigating the complex world of insolvency and distressed situations.
Fencer focuses his practice on commercial insolvency and reorganization, bankruptcy litigation, construction law and complex construction litigation, commercial litigation, and administrative law. He represents corporate and other business debtors and debtors-in-possession, creditors, official committees, trustees, asset buyers, and other parties in commercial bankruptcy proceedings in United States bankruptcy courts across numerous districts, including Massachusetts, New York, Delaware, Florida, Virginia, and Texas. Fencer also represents property owners, construction managers, general contractors, and subcontractors in common and complex construction disputes in both state and federal courts.
TMA is the most professionally diverse organization in the corporate restructuring, renewal, and corporate health space. Established in 1988, TMA has almost 10,000 members in 54 chapters worldwide, including 34 North American chapters. Members include turnaround practitioners, attorneys, accountants, advisors, liquidators, consultants, as well as academic, government employees, and members of the judiciary.







