Tag | Chapter 11

Quintin Brown Promoted to Director

09.14.21

We are pleased to announce that Quintin Brown has been promoted to Director of Stapleton Group. Since joining our team in January 2019, Quintin has served as CRO, interim CFO and financial advisor on bankruptcy matters, out-of-court restructurings, receiverships and litigation support engagements. “Quintin brings his A-game to every engagement,” said David Stapleton, president of […]

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Bankruptcy Simplified – Sub V Chapter 11

08.2.21

The Small Business Reorganization Act of 2019’s new Subchapter V for small businesses was timely, just one month before COVID-19 turned the economy upside-down. But the value of Sub V’s simplified reorganization process was severely limited by its $2.7 million debt cap. The CARES Act increased the debt cap to $7.5 million on March 26, […]

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Plan of Reorganization Confirmed for Menswear Retailer

05.1.21

Like most upscale retailers, Fresno-based Patrick James’ performance declined suddenly with COVID-19 stay-at-home orders. The 58-year-old menswear company with 11 stores in California, Nevada and Arizona filed for bankruptcy under Subchapter V Chapter 11 in October 2020 and hired Stapleton Group as its financial advisor. Our team, led by Managing Director Michael Bergthold, quickly negotiated […]

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Northwest Receivership and Insolvency Professionals Forum

05.11.16

David Stapleton was a panelist at the 2016 Northwest Receivership and Insolvency Professionals Forum in Seattle, Washington.  Lane Powell, PC sponsored the well-attended event. Stapleton presented “Chapter 11 Trustees and Plan Administrators” with panelists Thomas Buford, Assistant U.S. Trustee, Region 18; John L. Davidson, Managing Partner, Inverness Group LLC; and moderator Bruce W. Leaverton, Shareholder, Lane […]

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