Published on August 8, 2023
Sudden Death Averted for Pandemic Victim
Lenders, turnaround professionals, and their counsel faced unparalleled challenges with the sudden onset of the COVID-19 pandemic in 2020. When a 65-year old manufacturer / wholesaler of screen print, embroidery, and pad print goods for national parks, zoos, ski resorts, gift shops, and cruise lines quickly became insolvent, its lender called Stapleton Group.
As CRO, Stapleton Group achieved one of the “Best Bank Workouts,” as profiled in the Turnaround Management Association’s Journal of Corporate Renewal, July/August 2023 edition.
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