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Plan Administrator of $175MM Chapter 11 Bankruptcy Estate

J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii

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Home·Plan Administrator of $175MM Chapter 11 Bankruptcy Estate

The Situation

Our experts were hired to achieve a recovery for creditors in an estate.

How We Advised

We served as a Plan Administrator to manage the Chapter 11 bankruptcy estate of Lawrence Kates (Western District of Washington; Case No. 09-10188-SJS), consisting of real property, technology, and intellectual property assets exceeding $175 million in value.

Our experts repositioned and sold properties, marketed and sold intellectual and personal property, led communications with the Post-Confirmation Creditors Committee, managed claims, and distributed to unsecured creditors.

Key Contact

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

Related Practice Areas

> Bankruptcy Advisory
Navigating bankruptcy is inherently complex, often involving struggling businesses, litigation, incomplete or inaccurate financial records, potential fraud, and other challenges, in addition to strict court-mandated processes. Our experienced team of turnaround and restructuring experts seamlessly guides clients throughout the process to optimize outcomes for lenders, creditors, shareholders, and employees.

> Fiduciary Services
We deliver unbiased, expert solutions in court-mandated and out-of-court situations that demand a third-party fiduciary, including insolvency, fraud, litigation, and shareholder disputes. When companies are in financial distress, become entrenched in complex disputes, or fraud is suspected, lenders, attorneys, and regulatory agencies recommend that federal and state courts or boards of directors appoint our experts as fiduciaries.

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