As CRO of an illiquid tire retailer and wholesaler, successfully negotiated a forbearance agreement with the company’s bank, restructured operations, sold assets and refinanced its debt.
Appellate Court appointed Stapleton receiver of $409MM Lead Paint Abatement Fund awarded to 10 California municipalities after six-month competitive process among ten qualified receivers.
As Receiver, Stapleton improved the secured lender’s recovery by more than 100% by leasing the property and then selling it in a competitive process.
As Financial Advisor/CRO of a menswear retailer, we worked with management, the secured lender, the bankruptcy trustee and bankruptcy counsel to achieve a confirmed Plan of Reorganization under Subchapter V Chapter 11 in less than 7 months.
Stapleton Group helped achieve the 100% recovery of a bank’s $33.5 million loan to an insolvent national food wholesaler that had entered an ABC.
Stapleton achieved the lender’s targeted return of capital on its loan to a foreclosed vineyard suffering from severe capital constraints.
As Chief Restructuring Officer of an insolvent 50-year old naval shipbuilding subcontractor, Stapleton exceeded the secured lender’s recovery expectations and preserved jobs through an Article 9 sale.
As Receiver of a new school, completed construction, obtained the certificate of occupancy, marketed the property, and maintained it for two years until its successful sale to the local school district for $20 million.
Stapleton Group profitably managed a surgery center, medical office building and personnel company while crafting, mediating and implementing a settlement between there feuding surgeon-owners and lawyers.
Stapleton optimized the value of a bank-owned dairy farm operating as a feed lot and sold it in a competitive process. We maximized the bank’s recovery by negotiating a new lease with the current tenant prior to selling the property.
As Interim CRO, Stapleton optimized a lender’s return of capital from a bankrupt national nursery with 1,200 employees.
As State Court Receiver of a non-performing hotel with asbestos located in Arizona, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale of the property […]
