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.
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.
Stapleton Group creatively restructured debt owed by an IPA with high fixed costs to the medical center it was contracted with to provide primary care services for its employees.
As Federal Regulatory Receiver, Stapleton Group transformed an insolvent business to cash flow positive through capital improvements, operational improvements and creditor negotiations. Stapleton helped sell the company as a going concern to salvage a return for its defrauded investors.
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.
Stapleton researched questionable operating procedures inflating the company’s borrowing base and resulting in an over-advance. With our findings, the bank was able to make an informed decision about its $40 million loan commitment.
After an electrical engineering company servicing the oil and gas industry defaulted on its loan agreement, Stapleton Group negotiated a forbearance, completed due diligence and intermediated a refinancing with the lender.
Stapleton Group determined a 75-year old family-owned business could not survive until its clients recovered, but would have value to a strategic buyer. The company’s owners agreed with our conclusion and the business was sold, generating sufficient proceeds to pay the bank in full as well as provide an equity return to the owners.
After a complaint was filed by the Securities & Exchange Commission (SEC) against an investment fund alleging securities fraud and orchestration of a Ponzi scheme by the key principals of the investment manager, Stapleton located, managed and sold assets to achieve a recovery for the investors. Our process involved an elaborate forensic accounting of the sources and uses of investor contributions. Our conclusions aided the SEC in securing a Motion for Summary Judgment against the defendant and individuals involved with orchestrating the Ponzi scheme.
