Restructured Gym Equipment Supplier in Ch. 11 Bankruptcy
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.
Plan Administrator of $175MM Chapter 11 Bankruptcy Estate
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.
Ch. 11 Reorganization of Heavy Equipment Dealer
As Financial Advisor to a bankrupt heavy equipment vendor, collaborated with management and counsel to achieve a confirmed Plan of Reorganization under Ch. 11 in less than 6 months.
Liquidating Trustee for Chapter 11 Bankruptcy of Broadcast Television Stations
Served as the Liquidating Trustee for Chapter 11 bankruptcy of Pappas Liquidating Trust consisting of multiple broadcast television stations including ABC, FOX and CW networks.
CRO / Financial Advisor of Bankrupt Retailer
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.
Off-Panel Ch. 11 / Ch. 7 Trustee of Shipyard Business
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.
Financial Advisor to Multi-National Computer Refurbisher
A secured lender was on track to accept a $2 million recovery on its $14 million loan to a computer refurbishing company via a forced liquidation of the company’s assets. As financial advisor to the multi-national company with operations in the U.S. and Mexico, Stapleton Group demonstrated the benefits of a going-concern sale instead, and successfully recovered $7 million for the secured lender.
Receiver & Bankruptcy Monitor of 5 Urgent Care Clinics
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.
Neighborhood Mixed-use Property – Federal Bankruptcy Court
Represented creditor to neighborhood mixed-use property in San Francisco, California in Federal Bankruptcy Court. Key actions included: Maximized rent collection. Filed all required motions to seek and attain court approval for the sale, free and clear of liens. Led construction of roof and full remodels of multiple occupied and vacant units. Worked with city to […]
National Fast Food Chain – Federal Bankruptcy Court
Represented creditor to bankrupt fast food chain restaurants operating in multiple California cities. Key actions leading to successful sale of property above list price included: Maximized rent collection. Negotiated with chain’s corporate office to maximize lease term and value. Maximized sale price by finding and hiring best-in-class agent who procured multiple offers.