09.29.23
We are proud to announce that NAFER bestowed its President’s Award to Kenton Johnson at its 2023 Annual Conference. The President’s Award is not presented annually. Instead, it’s reserved for individuals who have demonstrated unwavering dedication and outstanding service to NAFER over an extended period, selflessly contributing without seeking recognition. In recognizing Kenton, NAFER characterized […]
08.8.23
Sudden Death Averted for Pandemic Victim July/Aug 2023 Lenders, turnaround professionals, and their counsel faced unparalleled challenges with the sudden onset of the COVID-19 pandemic in 2020. When a 65-year old manufacturer / wholesaler of screen print, embroidery, and pad print goods for national parks, zoos, ski resorts, gift shops, and cruise lines quickly became […]
07.6.23
Romeo Power, a battery-maker purchased by electric-truck maker Nikola (Nasdaq:NKLA) in October 2022, was transferred to assignee SG Service, an affiliate of Stapleton Group, Inc. in an Assignment for the Benefit of Creditors. According to the Wall Street Journal, Nikola purchased Romeo Power in October 2022 to reduce bottlenecks in electric truck production. Struggling from […]
05.23.23
Mike Bergthold and Gary Rudolph, Esq. of Sullivan Hill presented the webinar “Subchapter V Updates and the abc’s of ABCs” to San Diego Bankruptcy Forum members and guests. The presentation featured an update on recent issues in Subchapter V cases and a refresher on Assignments for the Benefit of Creditors.
04.25.23
Private fiduciaries can play a critical role in managing and protecting the assets of their clients. They also help ensure that their clients’ wishes are carried out after they are gone and their assets reach their desired beneficiaries. David Stapleton joined Derek Myron of Centura Wealth Advisory to discuss private fiduciaries, their role in managing […]
04.6.23
Jake DiIorio moderated the California Receivers Forum educational seminar/webinar Receivers and Bankruptcy: Is There Life After Filing? Details: A receiver is appointed in state court then the debtor files bankruptcy (or creditors file involuntary bankruptcy). How does the Receiver maneuver around the complications of the bankruptcy? Panelists Kyra Andrassy of Smiley Wang-Ekvall, Oren Bitan of […]
03.20.23
Mike Bergthold, Chris Hawkins of Sullivan Hill and human experience leader Jennifer Briggs shared tools to Navigating a Challenging Market at the California Craft Beer Summit. Details: It’s no secret that many craft brewers are suffering financial distress. And there is likely more pain to come due to overcapacity and higher interest rates. Join the […]
03.7.23
David Stapleton was a panelist at the Commercial Credit and Workout Seminar hosted by Davis Graham & Stubbs in Denver, Colorado. The roundtable discussion addressed how inflation, rising interest rates, continued kinks in the supply chain, employment issues, and geopolitical forces are affecting the economy in the Rocky Mountain region and across the U.S.
11.15.22
Be Direct with Troubled Companies How can you guide a troubled company to maximize its restructuring options for the best outcome? The key is early action and direct communication. Here’s why. Rapidly Diminishing Options During our decades of experience in the restructuring sphere, far too many clients have hesitated before calling to discuss distressed companies. […]
09.19.22
NAFER – National Association of Federal Equity Receivers 11th Annual Conference Experienced receivers David Stapleton, Ira Bodenstein of Cozen O’Connor, Krista Freitag of E3 Advisors, Charlene Koonce of Brown Fox PLLC, James Sallah of Sallah Astarita & Cox, and Peter Zlotnick of Moritt Hock & Hamroff LLP competed against one another in “Receiver Feud, A […]
