Client / location

Type of business

Analytical Value Role / Services performed

Lender
Georgia

Frozen/Fresh Meat and Seafood Distributor

“Business assessment” and field exam services related to a bank customer’s request for an increase in line of credit.

Lender
Georgia / North Carolina

Dry Cleaners

Collector – Managed and sold three dry cleaning businesses for lender when the lender lien covered dry cleaning equipment only. We temporarily operated the dry cleaning stores to enable lender to recover greater proceeds from sale of a going concern business versus liquidation value for equipment.

Management
Georgia

Peach Farm

Turnaround advisory work. We performed an on-site assessment and prepared a detailed plan to address personnel and marketing issues, as well as operating losses and negative cash flow

Lender
North Carolina / South Carolina

Motels

Court-Appointed Receiver for secured lender of two former Days Inn motels. We safeguarded the assets of the businesses during the foreclosure period and assisted in the sale to buyers.

Lender
South Carolina

Specialty Printer

Consultant to secured lender – Assisted in the sale of specialty printing equipment

Lender
South Carolina

Pipe and Fittings Distributor

Consultant to a bank – Assisted in the liquidation of inventory and collection of accounts receivable of a distributor of pipe fittings and pipe.

Lender
Georgia

Health Care Services

Consultant to a bank – Performed a “business assessment” of a proposed new credit for a health care service business.

Lender
South Carolina

Specialty Steel Manufacturer

Court-Appointed Receiver –  Served as receiver for a secured lender, while liquidating the assets of a specialty steel company.

Management
Georgia

Printing Company

Turnaround advisory work –  Performed on-site assessment and negotiated reduced payments to trade creditors, equipment lessors, and landlord.

Management
South Carolina

Tool and Equipment Refurbishment

Turnaround advisory work – Performed on-site assessment and assisted in the creation and implementation of a 15-month forbearance agreement with a related action plan.

Secured Creditor
Colorado / Georgia

Mortgage Banking

Court-Appointed Receiver for publicly traded company – Served as temporary head officer of mortgage banker with $100 million warehouse line.

Secured Lender
North Carolina

Saw Mills

Turnaround advisory work – Performed on-site assessment and assisted in the creation and implementation of a 12 month forbearance plan  including the negotiation of new prices with all customers, extended payment plans with key vendors and utility companies, and personnel changes. 

Judgment Creditor
Georgia / Belgium

Carpet Distributor

Court-Appointed Receiver – Managed business while investigating fraud, settling litigation, and selling assets in §363 sale.

Investors
Georgia

Alzheimer’s (Nursing) Care Homes

Court-Appointed Receiver – Operated two care homes for approximately two and one-half years, while investigating allegations of fraud and settling a long-standing dispute.

Lender
Georgia

Health Care Provider

Monitored accounts receivable collateral of bankrupt Southeastern health care provider for secured lender based in the Western United States

Secured Investors
Georgia

Aircraft Leasing

General Partner –  Served as successor general partner for partnership that held residual lease interests in three Boeing 737 aircraft; sold positions and made multi-million dollar distribution to partners.

Board of Directors
Florida

Specialty Advertising Newspaper

Collector – Liquidated  a specialty advertising newspaper business – terminated employees, collected receivables, paid payables and sold all assets.