Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreOur bank client did not want to foreclose on a property with a defaulted loan due to outstanding environmental issues. The bank had negotiated multiple settlement agreements to allow the borrower to sell the property and pay off the loan, but the borrower was unsuccessful, and the bank had lost confidence in the borrower. The bank wanted the problem loan off its books.
The bank’s law firm recommended our team to serve as the receiver.
Our experts successfully resolved longstanding, complex environmental issues at a retail strip mall that had defaulted on its loan. As receiver, our team then successfully sold the property, recouping 100% of the bank’s capital, including all fees and penalty interest.
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.
