Recovered over $62MM as Receiver and then Financial Advisor to the Ch. 11 Trustee of an insolvent mobile phone retailer with nearly 700 kiosks nationwide in 550+ Costco stores and military bases.
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.
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.
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.
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.
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.
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.
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.
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.
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 […]
