The Ledger of Doom: Financial Horror Stories in conjunction with RMA West Michigan

  • 10/22/2025
  • 3:00 PM - 5:00 PM
  • CityFlats Ballroom: 83 Monroe Center NW, Grand Rapids, MI 49503

Registration

  • This system will only allow members of TMA West Michigan to register at this rate, however we do offer reciprocal pricing for other chapters. If you are a member of another chapter, please notify our office at assocmgr@tmawm.com and we will override the system on your behalf.

Register


Just in time for Halloween, join TMA West Michigan and RMA West Michigan—if you dare—for a joint event featuring real-life financial nightmares that will leave you wide-eyed 

Date: Wednesday, October 22, 2025
Time: 3-5pm
Location: CityFlats Ballroom
83 Monroe Center NW
Grand Rapids, MI 49503 
Cost: $30 for TMA WM and RMA WM Members
$50 for Non Members of both chapters
Free to Sponsors

Agenda:
3-3:30pm- Registration, networking, drinks and appetizers
3:30-3:45pm- Welcome remarks by TMA WM and RMA WM Presidents
3:45-4:45pm- Panel
4:45-5pm- Q & A

This seasoned panel of business professionals will pull back the curtain and share their most shocking and unbelievable stories from the world of finance and restructuring. From cash flow catastrophes, fraud, deals gone dreadfully wrong and everything in between, these tales are as educational as they are eerie. Be prepared to be spooked — and to learn what not to do in business finance.

Registration includes drinks, light appetizers, and a few goosebumps. Space is limited, so RSVP soon... before this terrifying opportunity vanishes.


Moderator: Kurt Mingerink, Miedema Asset Management Group

Kurt Mingerink is the President of Miedema Asset Management Group, a nationally recognized leader in auction services and asset management. M.A.M.G. consists of Miedema Auctioneering, Miedema Appraisals, Repocast.com, Orbitbid.com, LastBidRealestate.com, Miedema Business Advisors, OAS, Rangerbid.com, SSL Corp, LLC and Miedema’sCharityAuctions.com and employs over 125 professionals throughout the United States. The companies conduct over 500 auctions and appraise millions of dollars annually.

Kurt is a graduate of the Reppert School of Auctioneering and brings over two decades of experience in the strategic acquisition, valuation, and monetization of assets across a wide range of industries through both live and online auction platforms.

Passionate about the auction industry, Kurt regularly donates his time as a benefit auctioneer for numerous charitable organizations. He is also an active member of several professional associations, including the Michigan Auctioneers Association, the National Auctioneers Association, and the Industrial Auctioneers Association, among others.



Panelist: Mike Almassian, Keller & Almassian PLC

Mike Almassian represents businesses and individual clients in a wide spectrum of matters ranging from complex commercial litigation to receivership proceedings in state court. Mike focuses his practice on commercial litigation, receivership proceedings, and asset sales and liquidation.

Awards:

  • 2024 Best Lawyers | Commercial Litigation
  • Michigan “Super Lawyer” in Business Litigation, 2013-Present

Activities & Affiliations:

  • Grand Rapids Bar Association | Small Firm Section | Past Chairman
  • Michigan Bar Association | Litigation Section | Member
  • American Bar Association | Litigation Section | Member
  • Volunteer Youth Hockey Coach, Grand Rapids Griffins Youth Hockey Program, 2009-Present

Presentations & Publications:

  • Alternatives to Bankruptcy, Federal Bar Association for the Western District of Michigan, Bankruptcy Seminar (July, 2022).
  • Receiverships, Federal Bar Association for the Western District of Michigan, Bankruptcy Seminar (September, 2021).

Practice Areas:

  • Litigation
  • Receivership & Real Estate
  • Asset Sales & Equipment Litigation

Education:

  • WAYNE STATE UNIVERSITYJ.D., 2001
  • THE CITADELB.A., 1998



Panelist: David Nemes, The Business Company

David Nemes has more than 20 years of experience in entrepreneurship, consulting, financial analysis, accounting and problem solving within a broad array of industries. David earned B.S. degrees in Accounting and Finance from Miami University and is a Certified Public Accountant (non-practicing). David is currently the managing member of Business Company, LLC, Baking Company, LLC, and Tolman’s Wholesale Meats. In his role at Business Company, LLC, he has combined his specialty in business turnaround, sale transactions and entrepreneurship to focus on purchasing businesses that are looking for succession or experiencing distress.

For over half of his career, David has been a subject matter expert to the FDIC on resolving failed banks and managing liabilities associated with those failures.



Panelist: Chad Salsbery, HKA Global

Chad Salsbery is a Certified Valuations Analyst with over 25 years of experience. He has been appointed as an expert on over 50 occasions.

Chad has testified in arbitration (including delivering concurrent evidence), litigation, and at deposition for disputed matters with values of up to $500 million. He has undertaken expert analysis and opined for cases in district and county courts, domestic and international arbitral proceedings, and presented damages analysis to members of the Department of Justice in mediations and other settlement negotiations.

Chad’s background ranges from forensic accounting, business consulting and valuation services to litigation consulting and assistance on causation and damage issues in a wide variety of industries. He has also led multiple financial due diligence reviews to assist both buyers and sellers in assessing the value of target companies. Early in Chad’s career, he worked for a large publicly traded medical supply company, Baxter International, in various financial roles, including reporting and planning, treasury, and internal audit.

Chad specializes in commercial damages and forensic accounting, bankruptcy and financial valuations, and construction, insurance and government contracting disputes. He analyses and addresses issues regarding lost profits, price erosion, business interruptions, lost earnings, reasonable royalties, unjust enrichment, increased costs, and diminution of business value.

Chad is a member of the National Association of Certified Valuators and Analysts and the American Bar Association. He has spoken on a variety of subjects including economic and financial issues.



Panelist: Stephan Wolf, Maynards Industrial Solutions

Stephan Wolf brings decades of industrial manufacturing expertise to the table to assist companies in transition.

Steve’s career began in the metalworking machinery business in 1981. As a partner in a major machinery dealer operation for over 10 years, Steve developed knowledge and relationships that continue to grow today.

As a managing partner at Hilco Industrial for more than 18 years, Steve was instrumental in growing Hilco Industrial by recruiting the top sales, marketing, and financial people available while expanding Hilco’s global footprint, which eventually comprised over 100 seasoned professionals in 25 offices serving clients globally. Stephan had been actively involved with over 1500 projects that recovered more than $2 billion for clients.

Steve served with distinction as the President of the Machinery Dealers National Association and as a board member of The Locator, a leading publication serving the industrial marketplace. He’s a member of the Turnaround Management Association, the National Auctioneers Association, and the Industrial Auctioneers Association.

Today, Steve brings his 30+ years of experience to a new endeavor. Maynards Industrial Solutions allows Steve the opportunity to utilize his valuation expertise, professional relationships, and network of buyers and sellers for the benefit of companies in countless industries.

Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 10,000 members in 54 chapters. TMA’s mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development and enhance the image of TMA members. Click here for more information.

For more information visit www.tmawm.com 

TMA West Michigan is an independent chapter  comprised 90+ members in the region. We regularly host networking meetings and educational events, promoting career development in the field of turnaround management.

2025 Sponsors

                                                                             

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