THE RESCUE
Hired by Chapter 7 Trustee to lead the wind-down of the business affairs of this publicly traded, master limited partnership.
Provided the Chapter 7 Trustee with business advice and had responsibility for over $4 million in cash.
Took control of, managed and recovered diverse assets of the estate, including supervising the debtor’s remaining employees.
Named Interim President of debtor’s non-bankrupt subsidiary.
Successfully marketed and sold assets, including the operating subsidiary for $16 million.