Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA mobile phone retailer with thousands of employees and nearly 700 kiosks nationwide struggled with post-pandemic supply chain challenges. It carried significant payroll, rent, and other overhead expenses and was not profitable. When it failed to receive key mobile phone inventory for the 2022 holiday season, management ended its contracts with Costco and military bases, terminated more than 1,800 employees, and the company became insolvent.
Our experts were appointed Receiver to provide financial and operational support during the liquidation and wind-down of the business. The company entered Ch. 11 bankruptcy two months later. We recovered over $62MM as Receiver and then Financial Advisor to the Ch. 11 Trustee through the following key actions:
Obstacles Encountered & Our Solutions
Jake Diiorio
Managing Director
Strategic Advisory Practice
+1 213 235 0609
[email protected]
> 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.
> 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.