David M. Schilli Elected President of Carolinas Chapter of Turnaround Management Association

David M. Schilli has been elected to a two-year term as president of the Carolinas Chapter of the Turnaround Management Association.

TMA is an international non-profit association with more than 9,000 members who are dedicated to corporate renewal and turnaround management. The Carolinas Chapter organizes education programs and networking events for nearly 200 restructuring professionals involved in improving underperforming businesses.

“I feel privileged to have been elected president of the TMA Carolinas Chapter,” Schilli said. “It is an honor to lead the Chapter and its distinguished group of officers and board members, who are among the best in the corporate renewal profession in the Carolinas.”

Schilli concentrates his practice on commercial bankruptcy, commercial loan workouts and restructurings, and other creditors’ rights issues. He has experience in a wide variety of industries and sectors, with a particular emphasis on transportation, telecommunications, distribution/retail, manufacturing, automotive, construction, and real estate acquisition, construction and development.

In addition to his practice, Schilli has lectured on various bankruptcy topics for the North Carolina and Mecklenburg County Bar associations and other turnaround and corporate renewal organizations. He has served as chair of the bankruptcy section of the North Carolina Bar Association and as the managing editor of the North Carolina Bankruptcy Manual for the North Carolina Bar Foundation.

He is regularly included in Woodward/White, Inc.’s The Best Lawyers in America in bankruptcy and creditor-debtor rights/insolvency and reorganization; Business North Carolina Legal Elite in bankruptcy; North Carolina Super Lawyers in bankruptcy and creditor/debtor rights; and Chambers USA: America’s Leading Lawyers for Business in bankruptcy/restructuring.

Schilli holds an AV® Preeminent™ Peer Review rating from Martindale-Hubbell. He received his law degree magna cum laude from Washington and Lee University where he was awarded membership in the Order of the Coif and served as executive editor of the Washington and Lee Law Review.