Case Studies
J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii
Read MoreA vertically integrated grower and processor of pistachios, with over $85M in senior secured principal and interest outstanding and a 40-acre processing facility with a 39-acre wastewater application site, became insolvent and operations were paralyzed due to years of mismanagement and an inefficient processing facility. After defaulting on its debt obligations, the company’s senior secured lenders moved to appoint a receiver to protect their collateral, preserve principal, and oversee the wind-down or sale of assets.
As receiver, we recovered and distributed over $71M to the secured lenders in approximately ten months. Keys to the successful outcome included:
Our Solutions
David Stapleton, CPA, CLPF
Senior Managing Director,
Strategic Advisory Practice
+1 213 235 0601
[email protected]
Stephen Potts, MBA, CIRA
Director
Strategic Advisory Practice
+1 207 831 0253
[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.
> 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.