Bankruptcy

Chapter 11 bankruptcy can yield a full recovery to creditors with fresh, capable management leading the financially-distressed business. Stapleton Group diligently serves as trustee, plan administrator or liquidating trustee in Chapter 11 bankruptcy cases. Our seasoned team of turnaround consultants, fiduciaries and support staff adeptly transforms the troubled business’s operations to maximize proceeds from an asset liquidation or going-concern sale.

Whether or not there is a creditors’ committee, we are accountable for all aspects of the business until it successfully exits Chapter 11 and all outstanding issues are resolved.

Serve as CEO/CFO or CRO

Create and implement a recovery plan

Resolve Litigation

Work with counsel to achieve resolution in- and out-of-court

Claim Reconciliation

Review and object claims

Accounting & Reporting

Provide all required reports

Asset Liquidation or Going-concern Sale

Maximize proceeds for creditors and other stakeholders

Close Chapter 11

Manage distributions, taxes and documentation

In situations where the troubled company has not filed for bankruptcy, we may serve as Chief Restructuring Officer (CRO) and achieve an out-of-court restructuring favorable to all parties involved.

Contact us to learn more about how we shepherd debtors through Chapter 11 or serve as CRO to generate the best possible results for our clients.

Solving Puzzles

The debtor had raised $35MM in exchange for promissory notes to invest in real estate in the Western U.S. and Canada, then defaulted when the real estate market crashed. As Plan Administrator of the $75MM estate, we managed and liquidated multiple interrelated companies, resolving contentious litigation in the process. Investors recovered about 67% inclusive of a positive tax opinion we achieved by proving the defendant had misappropriated $15MM from the investors.