Recovered over $62MM as Receiver and then Financial Advisor to the Ch. 11 Trustee of an insolvent mobile phone retailer with nearly 700 kiosks nationwide in 550+ Costco stores and military bases.
As Assignee in the ABC of a $50MM international textile recycling company, Stapleton Group delivered a favorable outcome for the lender, recovering over $2 million through diligent, strategic actions.
As Receiver, we managed operations and cash flow of the 40,000+ acres of timberland for two years then sold the property for $172MM in an all-cash transaction, exceeding the owner’s expectations by 50%.
As Interim CEO/CFO and strategic advisor to a bankrupt gym equipment supplier, Stapleton Group guided the company through a successful reorganization under Ch. 11 Bankruptcy.
Cooperated with DOJ, FBI and HSI in investigation of $200MM Ponzi Scheme committed by international sneaker distributor. Developed and implemented strategic plan to secure and liquidate assets.
The owner of six large office buildings in the Central Business District of Midland, TX stipulated to the appointment of a receivership. Stapleton Group was selected to take control of the portfolio as Receiver and lead the sale of the leveraged buildings.
As advisor to a family office owning very successful and rapidly growing construction and environmental remediation companies, Stapleton Group identified and resolved management and operational issues hindering future growth.
As Assignee in the ABC of a multi-channel, direct-to-consumer retailer, Stapleton Group improved creditors’ recovery from zero to $2.5MM+ by designing and implementing the competitive sale of business assets and substantially reducing vendor claims.
As Plan Administrator of $175MM Ch. 11 Bankruptcy Estate, repositioned and sold real estate assets, intellectual property and personal property. Managed claims; and made distributions to unsecured creditors.
The Bottom Line: The owner of a 40-unit, class C, apartment building in Copperas, TX and land in Temple, TX had defaulted on its secured loan by mismanaging the properties. The apartment building had become severely dilapidated with environmental problems and squatting tenants. Actions: As Receiver, Stapleton is evicting certain tenants, eradicating pests throughout the […]
[SEC v SiliconSagebuilders, LLC, et al.] Receiver of insolvent, full-service real estate developer with $300MM in liabilities and 12 diverse, incomplete projects.
As CRO, Stapleton Group achieved a recovery exceeding 5x liquidation value for Modern Times Beer’s secured lenders and helped save more than 160 jobs by auctioning the business as a going concern, just one week before the lenders were planning to liquidate for $1.5 to $2.0 million.
