Case Studies

Financial Advisor to Bank Regarding Foreclosed Vineyard

J.S. Held Acquires Clark Seif Clark, Strengthening West Coast Capabilities for Environmental Claims, Disputes, and Catastrophe Response

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Home·Financial Advisor to Bank Regarding Foreclosed Vineyard

The Situation

A lender sought a targeted return of capital on its loan to a vineyard facing severe capital constraints.

How We Advised

After foreclosing on the property, the bank retained our experts in late summer to turn around operations, salvage inventory, and monetize ready-to-harvest grapes.

  • Sourced and negotiated a harvesting contract in less than 2 weeks.
  • Salvaged a large portion of the crop, which had been neglected throughout the summer.
  • Negotiated the sale of the crop, returning proceeds to the bank.
  • Generated cash flow to fund operations throughout the engagement.
  • Prepped the farm for winter.
  • Negotiated future water rights to assure a successful going-concern sale.
  • Listed farm with broker and managed the sale process through successful closing.

Key Contact

David Stapleton, CPA, CLPF 
Senior Managing Director 
Strategic Advisory Practice 
+1 213 235 0601 
[email protected] 

Related Practice Areas

> Turnaround and Restructuring Services 
Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation. 

 

> Chief Restructuring Officer (CRO) and Interim Management Services 
Our experienced C-suite interim executives advise and support companies in financial distress, experiencing hypergrowth, or that are challenged by critical vacancies among senior leadership. Whether the leadership void results from operating challenges, a recent officer resignation, the need for added support during busy periods, or during an extended job search for the right permanent hire, our experienced executives provide immediate relief and value. 

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