As Federal Regulatory Receiver, Stapleton Group transformed an insolvent business to cash flow positive through capital improvements, operational improvements and creditor negotiations. Stapleton helped sell the company as a going concern to salvage a return for its defrauded investors.
After determining the 5 clinics’ bank was at risk of repayment due to poor cash flow and a pending $2 million wage-and-hour class action lawsuit, Stapleton managed the business as receiver while successfully negotiating a going-concern sale of 3 clinics to their hospital-landlord, then as monitor after the business filed for bankruptcy.
As State Court Receiver of a partially burned, non-operational hotel property with asbestos located in Sacramento, California, we successfully achieved a loan recovery for the lender. Upon determining it was cost-prohibitive to rebuild, we pursued a Receivership Sale. This solution eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. […]
Inventoried, appraised and maintained client’s private car collection, preserving the value for future generations. Facilitated family’s estate planning goals by gifting certain cars to charity. Prepared certain cars for sale to optimize the value of client’s asset pool.
Stapleton researched questionable operating procedures inflating the company’s borrowing base and resulting in an over-advance. With our findings, the bank was able to make an informed decision about its $40 million loan commitment.
After an electrical engineering company servicing the oil and gas industry defaulted on its loan agreement, Stapleton Group negotiated a forbearance, completed due diligence and intermediated a refinancing with the lender.
Served as Federal Court Receiver of big box retail center in Los Angeles that had been vacant for over 5 years. Key actions leading to successful sale of property above appraised value included: Maximized sale price by finding buyer whose re-use of property generated the highest residual purchase price for the building. Negotiated conditional use permit […]
As State Court Receiver of a hotel property with asbestos located in the Central Coast of California, we successfully achieved a loan recovery for the lender. The debtor had been unsuccessful in his efforts to sell the property for multiple years. The Receivership Sale eliminated any future environmental liability risk for the lender that could […]
As State Court Receiver of vacant single-user retail buildings in Long Beach, California, successfully sold property above list price by: Working with City to clear all code violations and liens. Filing all required motions to seek and attaining court approval for the sale, free and clear of liens. Working with U.S. Attorney to clear federal […]
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