Case Studies
J.S. Held Strengthens Forensic Accounting Expertise for Marital and Commercial Disputes with Acquisition of Forensic Accountants & Consultants
Read MoreThe business comprised six franchise-branded hotels located across key markets in the Midwest. Declining revenue, rising operating costs, ongoing maintenance issues, and unsustainable debt levels contributed to financial instability across the portfolio. The court appointed our team as receiver to stabilize the business, preserve asset value, and evaluate potential resolutions
Our team secured and managed the hotel properties during the foreclosure process while preserving their physical condition and maintaining ongoing operations. We managed the properties’ financial obligations and conducted a structured, court-supervised sale process to generate market interest, attract qualified buyers, and support the lender’s objectives. A competitive auction resulted in the sale of all six properties. Four properties closed, while the remaining two were scheduled to close by the end of February. The hotels continued to operate under new ownership.
> Receiverships
Federal and state courts, creditors, and legal counsel choose our team to serve as Receiver of distressed businesses and real estate entities. We stabilize operations and cash flow, safeguard business assets, and pursue methods to maximize financial recovery. Our multidisciplinary team applies a wide breadth of restructuring and industry experience as Receiver to take control of companies facing financial, operational, and legal issues. We right-size operations, monetize assets, navigate disputes, and increase value and overall cash recovery for creditors and other stakeholders.
> Solutions for Distressed Situations
We deliver integrated solutions for distressed and insolvent businesses that maximize recovery, mitigate risk, and restore enterprise value. Our experts are retained to help distressed organizations stabilize operations, protect stakeholder interests, and execute turnaround strategies. We take an operationally-focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Our team delivers hands-on guidance and independent analysis to lenders, creditors, legal counsel, executive teams, boards of directors, and investors.
