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.
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 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.
Stapleton achieved the lender’s targeted return of capital on its loan to a foreclosed vineyard suffering from severe capital constraints.
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.
Achieved a recovery for investors in a San Francisco Bay Area real estate investment fund that had made bad loans to unproven, opportunistic developers to buy, renovate and sell real properties.
As Assignee in the ABC of an illiquid aviation maintenance, repair and operations business facing HazMat-based liabilities, Stapleton Group achieved a recovery for the secured creditors.
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 off-panel Ch. 11/Ch. 7 trustee of a large shipyard, Stapleton guided the company through completion of a critical contract then wound down the business.
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.
Stapleton Group utilized an ABC to protect the heirs of the sole shareholder of a law firm plagued by substantial tax claims and litigation.
