Receivership of Seafood Processor & Distributor
Recovered over $85MM in less than six months as Receiver of a large seafood processor and distributor, satisfying 100% of $68MM in secured liens held by the senior lenders and fishermen.
Financial Advisor to Ch. 11 Trustee of Mobile Phone Retailer
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.
Receivership of Machinery & Equipment Vendor / Auctioneer
A business owner drew down his company’s $18MM line of credit and disappeared with the money and company cash. Stapleton Group recovered over 80% of the lender’s principal through a carefully designed and executed receivership process.
Receiver / Fiduciary of $409 Million California Lead Paint Abatement Fund
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.
Receivership Sale of Shuttered, Burned Hotel in Sacramento
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. […]
Receivership of Hotel in Central Coast, California
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 […]
State Court Receiver of Hotel in Arizona
As State Court Receiver of a non-performing hotel with asbestos located in Arizona, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale of the property […]
Sacramento, California Hotel Receivership
As State Court Receiver of a non-performing national brand hotel property with asbestos located in Sacramento, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale […]
Arizona Hotel Receivership
As State Court Receiver of a non-performing chain hotel property in Yuma, Arizona with asbestos, we successfully achieved a loan recovery for the lender. The Receivership Sale eliminated any future environmental liability risk for the lender that could have resulted from a foreclosure. Our key actions leading to operating improvements and a successful sale of […]
Receiver of Healthcare Businesses in Partnership Dispute
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.