09.29.23
We are proud to announce that NAFER bestowed its President’s Award to Kenton Johnson at its 2023 Annual Conference. The President’s Award is not presented annually. Instead, it’s reserved for individuals who have demonstrated unwavering dedication and outstanding service to NAFER over an extended period, selflessly contributing without seeking recognition. In recognizing Kenton, NAFER characterized […]
10.22.21
Receiver as CEO: How to Manage an Operating Company in Receivership Panelists David Stapleton, Krista Freitag of E3 Advisors, Alex Moglia of Moglia Advisors and Thomas Seaman of Thomas Seaman Company shared their experiences serving as CEOs of businesses in receivership. They discussed key initial steps, best practices when operating a business, and navigating financial […]
02.17.21
David Stapleton has been appointed receiver in an SEC fraud matter involving a bankrupt San Francisco-Bay Area real estate developer and his company. Sanjeev Acharya and his company, SiliconSage Builders, are accused of defrauding an estimated 250 retail investors of approximately $119 million by selling promissory notes and membership interests in entities that loaned money […]
05.24.17
Right-sizing, Refinancing & Selling Oil & Gas Companies The precipitous drop in oil prices from January 2014 to January 2016 and continued suppressed pricing has turned countless companies upside-down. At Stapleton Group, we are right-sizing, refinancing and selling oil & gas producers and their service vendors to achieve the best possible recoveries for lenders and […]
04.1.16
David P. Stapleton was appointed federal equity receiver of BIC Real Estate Development Corporation, et al. by the United States District Court for the Eastern District of California. As reported by Bakersfieldnow.com, on March 15, 2016 (link to article): BAKERSFIELD, Calif. (KBAK/KBFX) — The Bakersfield Investment Club on Stockdale Highway is under investigation by the […]
