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.
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.
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