As CRO of an illiquid tire retailer and wholesaler, successfully negotiated a forbearance agreement with the company’s bank, restructured operations, sold assets and refinanced its debt.
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.
Stapleton achieved the lender’s targeted return of capital on its loan to a foreclosed vineyard suffering from severe capital constraints.
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.
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.
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.
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.