12.2.20
As the Pandemic’s strong grip gets tighter and tighter, we have been fielding a lot of calls from lenders with hotel debtors. How can they recoup their principal when the courts are swamped and travel restrictions persist? Move Fast (the opposite of COVID-time) In our two decades of professional experience representing lenders with troubled loans, […]
10.29.20
After discovering a $10+ million over-advance on a borrower’s line of credit, a bank retained Stapleton Group as its Financial Advisor to investigate, and then to help optimize its financial recovery. The borrower was a 45-year old, family-owned food wholesaler serving national accounts from operations in multiple states. Its liquidity problems started after installing a […]
10.22.20
Stapleton Group is pleased to announce the opening of a Denver, Colorado office and that Rick Dutkiewicz has joined the team as a Director. Stapleton’s new office is in response to its increased activity in the Rocky Mountain, Midwest and Southwest regions. Dutkiewicz will work closely with Senior Managing Director and Colorado-native David Kieffer to […]
08.14.20
Stapleton Group is pleased to announce that Mike Bergthold joined the team as a Managing Director to support increasing demand for the firm’s comprehensive strategic advisory and restructuring services. As one of the largest independent providers of financial advisory and professional fiduciary services in the Western U.S., Stapleton has completed more than 250 engagements exceeding […]
05.27.20
Stapleton Group announced it has expanded its team with three key hires and promoted Jake Diiorio to managing director. Michael Husted has joined Stapleton as a director specializing in operations; Joan Hadeed as associate director, Financial Advisory Services; and Emily Chen as associate director, Accounting Services. Stapleton, one of the largest independent providers of financial […]
10.31.18
Receivership Sale – Better than Hotel Foreclosures Non-performing hotels can cause unique challenges for their lenders when asbestos is present. Foreclosing is unattractive due to the threat of future environmental liability risk for all parties on the property’s chain of title. A Receivership Sale, however, provides a path to recovery without the future environmental liability risk. From Non-Performing […]
09.25.18
Resuscitating Troubled Healthcare Companies As receivers and turnaround consultants, our engagements span a variety of industries. Lately, we have been getting more calls from banks and attorneys about troubled healthcare companies. With the healthcare industry comprising 18% of GDP (Statista), and healthcare companies often lacking sophisticated management systems, we expect this trend to continue. Recent Healthcare Results […]
06.27.18
As FOR LEASE / FOR SALE signs continue to proliferate retail properties across the U.S., creditors are asking us: What can we do to maximize returns from troubled retail real estate secured loans? In our two decades of professional experience representing lenders with troubled loans, we’ve learned that the best outcomes generally result from early actions: […]
06.5.18
David Stapleton was a panelist at the 2018 Northwest Receivership and Insolvency Professionals Forum in Seattle, Washington. Lane Powell, PC sponsored the event designed for receivers, Chapter 11 trustees, plan administrators and bankers. Multiple panels were presented covering the challenges in receivership administration and evolving receivership statutes in the Pacific Northwest. Stapleton presented “Receiverships and Bankruptcies: When […]
05.23.18
How a Bank Maximized its Recovery … without Repo’ing a Yacht Our goal for every engagement we undertake, ranging from financial advisory to ABCs to receiverships, is to unravel the subject company’s financial information to facilitate informed, corrective action. What do you think are some of our more surprising discoveries during the unraveling? In this […]
