Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA leading specialty e-commerce retailer’s working capital declined when management failed to reduce operating expenses in line with an industry-wide downturn in sales. A long-standing legal battle with its lender depleted cash flow further, resulting in a bankruptcy filing that ultimately was dismissed. The company’s inventory became depleted due to lack of capital and credit, and it became delinquent on its mortgage.
After a long legal battle between the company and its bank, including a bankruptcy filing and litigation against the lender, the bank sought the appointment of a receiver. The borrower ultimately stipulated to the receiver’s appointment.
Upon appointment as receiver of the company, our experts quickly maximized its secured lender’s recovery, in less than two months, by:
Obstacles & Our Solutions
> 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.
