Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreA $200M+ farm and processing company in Northern California, owing over $170M to secured lenders and walnut growers, faced severe financial distress after overextending operations prior to a global supply surplus. Increased production and exports from China caused prices to plummet, significantly reducing the company’s revenue and straining cash flow.
Compounding the issue, the over-leveraged company was unable to service more than $130M owed to lenders and $40M owed to walnut growers, jeopardizing operations during the upcoming harvest season. Concerned about protecting collateral and maximizing recovery, the lenders sought appointment of a receiver to optimize their recovery from the sale of existing inventory, the 2024 crop harvest, equipment, the processing facility, and the orchards.
Our team was appointed receiver to manage multiple ranch operations, optimize cash collections, provide financial transparency, and manage the liquidation and sale process. We achieved a significant recovery for the secured lenders and creditors by:
The Obstacles & Our Solutions
Betsy Landoll
Director
Strategic Advisory Practice
+1 512 704 6686
[email protected]
Jake Diiorio
Managing Director
Strategic Advisory Practice
+1 213 235 0609
[email protected]
> Receiverships
Federal and state courts, creditors, and legal counsel choose our team to serve as Receiver of distressed businesses and real estate entities. We stabilize operations and cash flow, safeguard business assets, and pursue methods to maximize financial recovery. Our multidisciplinary team applies a wide breadth of restructuring and industry experience as Receiver to take control of companies facing financial, operational, and legal issues. We right-size operations, monetize assets, navigate disputes, and increase value and overall cash recovery for creditors and other stakeholders.
> Solutions for Distressed Situations
We deliver integrated solutions for distressed and insolvent businesses that maximize recovery, mitigate risk, and restore enterprise value. Our experts are retained to help distressed organizations stabilize operations, protect stakeholder interests, and execute turnaround strategies. We take an operationally-focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Our team delivers hands-on guidance and independent analysis to lenders, creditors, legal counsel, executive teams, boards of directors, and investors.