Managing Director

jdiiorio@stapletoninc.com

(213) 235-0609

Jake DiIorio

Jake DiIorio, a seasoned restructuring expert and court-appointed fiduciary, is instrumental in resolving complex turnarounds, receiverships, and loan workouts for operating businesses and real estate entities. He designs and implements strategies to repair fractured relationships between debtors, creditors and other stakeholders to achieve the best outcomes for all parties involved.

Jake applies deep experience as a fiduciary to manage projects ranging from solvency analyses to comprehensive receiverships and chapter 11 restructurings. Upon taking control of operations, he works closely with management to assess financial and operational viability in order to design the optimal path to recovery, ranging from recapitalizations to going-concern sales, asset dispositions and liquidations. He provides clients with key reports throughout the process to facilitate informed decisions.

Prior to joining the Stapleton Group in 2010, Jake was a senior auditor at Ernst & Young in New York, NY, where he specialized in valuation analysis for Fortune 500 companies across multiple industries.

Career Highlights

Receiver, Turnaround Consulting, Rents & Profits, Sellside M&A

What began as an assumed liquidation of a consumer goods manufacturer turned into a win-win outcome. Stapleton figured out that one of the company’s three business units was compromising the company’s cash flow. The troubled unit was sold; the debtor refinanced, paying off its original lender in full; the business owner kept his business; and, employees kept their jobs.

Receiver, Home Development, Dispute Resolution, Asset Disposition

A home builder was unable to complete three large track home developments due to insufficient capital and a weak market. Stapleton finished construction and sold the homes, generating proceeds exceeding the lender’s expectations. Many of the homes sold for more than appraised value, despite a weak market. The lender avoided negative press that would have resulted from a foreclosure.

Receiver, Interim CEO, Turnaround Consulting, Sellside M&A

A shuttered business with a $300,000 liquidation value was resuscitated by restructuring an onerous $17 million government liability to less than $1 million. This allowed Stapleton to sell the company’s assets to a strategic buyer. The lender recovered $3.0 million, 10x the forced liquidation value.

Strategic Plan, ABC, Sellside M&A

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 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 Chapter 7, saved jobs and ensured customers’ projects were completed

Syracuse University, Martin J. Whitman School of Management, B.S. Accounting

Professional Associations

The Risk Management Association (RMA), San Diego Chapter, Member
California Bankruptcy Forum, Member
California Receivers Forum (CRF), member and Young Professionals Council (YPC) board member

Charitable / Community Involvement

Cardiff Surf Club, Volunteer
Rob Machado Foundation, Solana Center, Volunteer

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