Tag | Workout

Stapleton Group Completed Successful ABC for Cabinet Manufacturer

06.9.16

After multiple years of mismanagement and poor A/R collections, a cabinet manufacturer and carpentry contractor was illiquid and headed toward a Chapter 7 liquidation. Its attorney recommended hiring Stapleton Group to assess alternatives. In an Assignment for the Benefit of Creditors (ABC), we achieved a recovery 3-4x greater than could have been accomplished in a […]

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