Engagements
The following are selected Force 10 engagements.
Force 10 led the successful restructuring of BurgerFi and Anthony’s Coal Fired Pizza, two popular dining chains known for their innovative fast-casual concepts and high-quality offerings.
Learn more » News »Force 10 is providing a CRO and restructuring support services to this national retailer specializing in workplace refreshment solutions via vending machines.
Learn more »Force 10 led the successful restructuring of Rubio’s Coastal Grill, a popular casual dining chain known for its coastal Mexican cuisine.
Learn more »Force 10 was retained by the Official Committee of Unsecured Creditors to maximize recoveries from this Chapter 11 Debtor.
Learn more » News »Force 10 Partners is providing a CRO and financial restructuring services to this life settlement investment fund.
Learn more » News »Force 10 is providing a CRO to this tree care and vegetation management services company.
Learn more »Force 10 was retained to evaluate the fund's investments, liquidity and financial management.
Learn more »Force 10 spearheaded a comprehensive financial restructuring for this healthcare organization, which was grappling with severe liquidity constraints and substantial vendor liabilities.
Learn more » News »Force 10 was engaged as the investment banker for Parlement Technologies to manage the sale of its non-debtor subsidiaries, Dynascale and Alchemy.
Learn more »Chapter 11 Reorganization
Learn more »Out-of-court financial restructuring
Learn more »Support out-of-court workout of municipal bond indebtedness
Learn more »Liquidation Trustee of the trust created for the benefit of the allowed general unsecured claims under the confirmed Plan of Liquidation related to Madera Community Hospital’s Chapter 11 bankruptcy.
Learn more »Force 10 was engaged to evaluate and quantify financial damages resulting from an eviction caused by a law firm’s breach of fiduciary duties to our client. Serving as an expert witness, we presented a compelling case in binding arbitration. Our client’s position was fully upheld, with the arbitrator determining damages based solely on our testimony, effectively countering and discrediting the opposing expert’s testimony.
Learn more »Tommy’s Boats, a leading water ski and wake boat dealership with 14 locations across eight states, engaged Force 10 Partners to serve as Chief Restructuring Officer and provide restructuring advisory services during its challenging financial restructuring. Initially operating under Chapter 11 after a state court receivership, Force 10 worked tirelessly to navigate complex negotiations with secured creditors and stabilize the business. Despite these efforts, the case ultimately converted to a Chapter 7 proceeding,
Learn more »Force 10 was retained to provide solvency and voidable transfer analysis to support defense of prior equity owner of an affiliate of Chapter 11 debtor.
Learn more »Supported sponsor in recapitalization to facilitate operational restructuring and growth.
Learn more »Financial advisor to the official committee of unsecured creditors
Learn more »Force 10 guided the Official Committee of Unsecured Creditors in Cano Health’s Chapter 11 bankruptcy, helping secure improved creditor recoveries and a streamlined reorganization plan that positioned the company for sustainable operations.
Learn more »Force 10 safeguarded creditor interests and shaped a successful reorganization plan in Eye Care Leaders’ Chapter 11 bankruptcy, enabling the company to emerge with a stronger financial foundation and a path to operational stability.
Learn more »Force 10 played a critical role in uncovering alleged financial maneuvers by hip-hop artist Jayceon Terrell Taylor, “The Game,” to evade a $7 million judgment. By analyzing over 24,000 transactions, real estate documents, and fund flows, a Force 10 professional provided expert testimony that proved pivotal in the court’s ruling. This led to a decision allowing the plaintiff to recover the funds awarded in the original judgment.
Learn more »Prepared detailed valuation to support company's restructuring objectives.
Learn more »Force 10 was engaged to evaluate strategic alternatives to maximize the value of a three-building office project in Aurora, CO, comprising approximately 219,300 net rentable square feet on over 17 acres. We developed, recommended, and implemented restructuring plans, including potential Chapter 11 bankruptcy, and facilitated negotiations with creditors and stakeholders.
Learn more »Force 10 acted as the Debtors' financial advisor in the Chapter 11 bankruptcy of this national retail chain specializing in closeouts. The engagement involved supporting a partial self-liquidation, facilitating the Section 363 sale of approximately 197 stores, and managing the wind-down of remaining operations and assets. Additionally, Force 10 provided critical financial analyses and participated in resolving a contentious dispute among secured creditors over credit bid rights, the valuation of pre-petition collateral, DIP loan terms, bid procedures, and the distribution of cash proceeds.
Learn more »Force 10 began this engagement approximately six months before the Chapter 11 filing, analyzing this sports retailer's long-term viability. Working with management and the sponsor, we determined the best course was to liquidate the company's entire store fleet for the benefit of its creditors. The successful liquidations were completed very early in the Chapter 11 process, and a plan was promptly negotiated with creditors and confirmed shortly thereafter.
Learn more »Force 10 maximized creditor recoveries in Hello Bello’s Chapter 11 restructuring, overcoming supply chain challenges and inflationary pressures to protect value for unsecured creditors.
Learn more »Force 10 was initially engaged to serve as Chief Restructuring Officer and provide bankruptcy accounting services for this assisted living community. Facing challenges with the broker-led approach to maximizing the estate asset’s value, we repositioned the facility’s highest and best use and marketed it accordingly. This strategic shift culminated in a sale to a buyer we identified, achieving a price nearly 50% higher than the original valuation.
Learn more »Force 10 Partners was the financial advisor to the Official Committee of Unsecured Creditors of Serta Simmons Bedding, delivering significant outcomes for its constituents. These included expedited full payment to go-forward creditors and enhanced recoveries for others. Key contributions involved assessing business plan feasibility, investigating pre-filing transactions like the "Serta Uptier," and conducting solvency analyses. This work culminated in the confirmation of a consensual restructuring plan on June 6, 2023, ensuring optimized recoveries for stakeholders.
Learn more »Force 10 was the financial advisor to the Official Committee of Unsecured Creditors of this firm that had been accused of running a fraudulent business that dealt with consumers debt resolution. We took the lead in preparing the disclosure statement projections and monitoring the buyer's accounting and operations on behalf of the estate. The Chapter 11 bankruptcy plan was confirmed in September 2024, and Force 10 remains involved in the post-effective date activities.
Learn more »Envision Healthcare, heavily impacted by the COVID-19 pandemic and the No Surprises Act, filed for Chapter 11 bankruptcy in May 2023 to restructure its debt and address operational challenges. Force 10 Partners, as financial advisor to the Official Committee of Unsecured Creditors, played a key role in identifying unencumbered assets and shaping a consensual reorganization plan. This plan, confirmed in October 2023, paved the way for Envision and AMSURG to operate as independent entities, each positioned for growth in today’s evolving healthcare landscape.
Learn more »Financial advisor to the official committee of unsecured creditors
Learn more »Engaged by the County of Madera to address critical healthcare needs, Force 10 conducted a thorough assessment to evaluate the feasibility of reopening a local hospital. By identifying sustainable service lines, optimizing resources, and facilitating key partnerships, we helped secure a bankruptcy reorganization plan that ensures long-term care for county residents.
Learn more »Financial advisor to the official committee of unsecured creditors
Learn more »Financial advisor to the Debtor during its Chapter 11 proceedings
Learn more »Force 10 Partners served as financial advisor in a sub-advisor capacity to the named fiduciaries of this venture fund family, which had been severely impacted by sponsor misappropriations.
Learn more »Partner dispute regarding alleged misappropriated funds
Learn more »Force 10 played a pivotal role in restructuring this purpose-driven climate action company by realigning its two segments to focus on generating profits and creating value. To achieve these objectives and support a future change in control, the company implemented strategic measures, including reducing headcount and capital investment, refocusing its portfolio of carbon credit projects, and streamlining its online-only, environmentally conscious consumer bank.
Learn more »Representing secured creditor to Chapter 11 debtor
Learn more »Force 10 Partners guided StorCentric, a provider of enterprise data storage solutions, through a challenging Chapter 11 restructuring amid a severe liquidity crisis. With limited cash reserves and constrained access to new debt, Force 10 secured debtor-in-possession (DIP) financing to stabilize operations and preserve critical customer relationships. These efforts culminated in a successful Section 363 sale, ensuring the seamless transfer of assets to new ownership and maximizing value for stakeholders.
Learn more »As financial advisor and investment banker to the Debtor, Force 10 successfully confirmed a plan of reorganization for this non-potable water supply company after it became no longer economically viable to extract water from Lake Mead after historic droughts. The plan included selling certain assets and limiting future liabilities, enabling Basic Water’s parent company to exit the water transportation business.
Learn more »Out-of-court wind down of operations and assets
Learn more »Force 10 developed an out-of-court restructuring plan for a modern entertainment and lifestyle destination catering to diverse tastes and interests. The property, heavily funded by EB-5 investors, faced unsustainable leverage that required resolution.
Learn more »Assignment For the Benefit Of Creditors
Learn more »Chapter 11 Plan of Reorganization
Learn more »Force 10 was appointed as Receiver for a hotel operator in the Pacific Northwest. In this role, we oversaw the disposition of the hotels to maximize value for secured and other creditors.
Learn more »Force 10 led a strategic wind-down to maximize the asset value of this software and services company focused on residential real estate investment. The company’s platform streamlined home purchase, renovation, and sales for real estate investors. Our role encompassed operational management, financial reporting, cash flow forecasting, IT wind-down, tax compliance, and corporate dissolution.
Learn more »Force 10 assisted the bankruptcy trustee and legal counsel by conducting a thorough forensic accounting investigation and funds tracing analysis for a VOIP traffic financial services company. This engagement involved identifying and analyzing international fund flows among numerous entities and examining voidable transfers to recover for the benefit of creditors.
Learn more »Provide operational and financial due diligence services
Learn more »Out-of-court wind down of operations and assets
Learn more »Out-of-court wind down of operations and assets
Learn more »As the expert witness for the secured creditors in a real estate-related action, Force 10 Partners provided financial analysis and expert testimony that showed the Debtor’s proposed note payment structure failed both the total payments and present value aspects of the 1111(b) test. This resulted in the Debtor filing a motion to convert the case to Chapter 7, allowing the creditors to pursue recovery from both the asset and the sponsor’s personal guarantee.
Learn more »Out-of-court financial restructuring
Learn more »Force 10 served as financial advisor and later Chief Restructuring Officer to Watsonville Hospital Corporation during its Chapter 11 bankruptcy. Facing severe financial and operational challenges, Force 10 stabilized the hospital, secured Debtor-in-Possession financing, and facilitated its successful sale to a newly formed healthcare district. These efforts ensured the hospital's continued service to its underserved community.
Learn more »Force 10 provided this enterprise delivery company with a Chief Restructuring Officer and financial advisory services. Working closely with the senior lender and creditors’ committee, Force 10 managed the restructuring process and successfully negotiated a joint consensual Plan of Reorganization between Scoobeez, the official committee of unsecured creditors, and Hillair Capital Management, LLC, the senior secured lender, to allow the company to emerge from bankruptcy with a new capital structure.
Learn more »Force 10 Partners successfully restructured YogaWorks, a nationwide chain of yoga studios hit hard by the COVID-19 pandemic. At its peak, with 66 locations and over three million class participants, YogaWorks shifted its focus to online classes after many studios closed. As financial advisor, Force 10 secured DIP financing to stabilize operations, led a Section 363 sale process to maximize asset value, and guided Plan confirmation.
Learn more » News »Financial advisor to Secured Creditor
Learn more »Force 10 Partners served as investment banker supporting confirmation of a new value plan.
Learn more »Force 10 oversaw the post-Chapter 11 Plan of Reorganization for this well-known chain of chicken-and-waffle restaurants.
Learn more »As financial advisor to the Debtor and Trustee, Force 10 helped to stabilize and return this full-spectrum drug addiction treatment center to profitability, facilitating a successful sale.
Learn more »Force 10 served as the Chief Restructuring Officer and Financial Advisor to this real estate loan investment fund, which was reorganized under Chapter 11.
Learn more »Force 10 advised an individual Debtor regarding a high-value litigation judgment liability that involved a complex group of assets (operating entities, oil and gas properties, real estate, and cryptocurrencies) and ongoing business disputes. The Chapter 11 resulted in a confirmed Plan of Reorganization.
Learn more »Out-of-court wind down of operations and assets
Learn more »Acting as a State Court Receiver, Force 10 took control of this cybersecurity firm's intellectual property and IT infrastructure to preserve these assets for due diligence, discovery, and causes of action.
Learn more »Force 10 served as financial advisor to the Debtor, a hotel catering to Disneyland visitors in Orange County, CA, that entered Chapter 11 in 2020 during the COVID-19 pandemic.
Learn more »Force 10 was engaged to improve Plan feasibility and aid confirmation after the secured creditor's repeated objections.
Learn more »Force 10 served as Chapter 11 Financial Advisor. The individual was involved in a business partnership subject to complex and litigious disputes involving a portfolio of approximately $40 million in real estate assets. The Chapter 11 resulted in a confirmed Plan of Reorganization.
Learn more »As the appointed custodian during litigation, Force 10 managed a complex multi-party discovery process involving the intellectual property, specifically software code, of this online travel services company.
Learn more »Assisting the bankruptcy Trustee, Force 10 conducted a comprehensive forensic accounting investigation and prepared a detailed solvency analysis for this direct mail and marketing services company. The engagement included identifying and analyzing voidable transfers and working closely with counsel to recover assets from these transactions, maximizing value for the benefit of creditors.
Learn more »As financial advisor, Force 10 assisted in negotiating a consensual Plan of Reorganization with municipal bondholders, the PBGC, and unsecured creditors of this hospital system in West Virginia by issuing new tax-exempt debt.
Learn more »Force 10 provided buy-side representation on a 60-property real estate portfolio spread across Marin and Sonoma Counties in Northern California. The portfolio, comprising more than 1.4 million square feet of commercial and multifamily space, was acquired for $436.5 million.
Learn more »Force 10 navigated CarbonLite through $380 million in debt and years of negative margins, securing $75 million in DIP financing and $230 million in asset sale proceeds. By redesigning operational and pricing models—achieving customer buy-in for 25% price increases—Force 10 stabilized the business and positioned it for sale, culminating in a successful transaction that maximized creditor recoveries and resolved a complex restructuring.
Learn more »As part of an out-of-court restructuring, Force 10 was retained to advise this pet care company that offers a wide range of products and services to promote healthy pet lifestyles. This involved recommendations to improve the company's capital structure, enhance cash flow, and set the stage for future growth.
Learn more »Force 10 served as the Chief Restructuring Officer and financial advisor to the Debtors, companies that provided end-to-end omnichannel e-commerce solutions. We arranged a rapid Chapter 11 restructuring that resulted in a sale that generated a significant return to creditors.
Learn more »Force 10 provided a Chief Restructuring Officer and financial advisory services to the Debtor, a hospice and home health care provider, guiding the company to become cash flow positive. We then oversaw the sale of its business segments during the COVID-19 pandemic while maintaining uninterrupted patient care.
Learn more »Force 10 served as financial advisor and negotiated cash collateral with its secured lender to collect outstanding receivables to fund an orderly wind-down of operations for a group of rehabilitation and recovery centers in California. The insiders abandoned the company early on in the Chapter 11 case, and Force 10 stepped in to support the conversion to Chapter 7 and continue the orderly wind down. We then supported the Chapter 7 trustee in various avoidance actions.
Learn more »Force 10 served as the financial advisor to the Chapter 7 Trustee. We conducted a Section 363 sale process, culminating in the $11 million sale of this deeply distressed Mobile Home Park, which needed over $20 million of remediation and repair. We managed a complex due diligence process while communicating with more than 200 potential bidders.
Learn more »Serving as financial advisor, Force 10 confirmed a plan of reorganization for this provider of trade show installation and dismantling services during the COVID-19 pandemic. The insider provided "new value" in exchange for 100% of the reorganized Debtor's equity.
Learn more »As Chief Restructuring Officer, Force 10 developed and confirmed a liquidating reorganization plan for this "fix-and-flip" real estate development fund. We completed the sale/disposition of the fund's owned assets and LLC interests, generating cash for the general unsecured creditors seeking to recover their claims.
Learn more »Initially serving as the Chapter 11 Chief Restructuring Officer for this deeply insolvent real estate services company that its equity holders had abandoned, Force 10 quickly determined the state court could provide a better venue for creditors. The motion to dismiss the case and to appoint a Receiver was successful.
Learn more »Force 10 provided fiduciary services for this venture capital fund family after the sponsor was removed under allegations of misappropriation of funds, managing all the activities required to protect and support the value of the portfolio.
Learn more »Served as Assignee per a California Assignment for the Benefit of Creditors and sold the assets of this high-concept restaurant chain based in Southern California. Our approach allowed the buyer to immediately restart operations and settle litigation claims with secured creditors and others.
Learn more »Force 10 provided a CRO and financial advisory to and managed operations of Alpha Guardian, a residential safe and storage company,
Learn more » News »Force 10 successfully confirmed a Chapter 11 Plan of Reorganization for a golf business primarily funded through fraudulent investments. Post-confirmation, serving as Plan Trustee, Force 10 oversaw the sale of the company’s golf courses and managed its golf equipment retail operations. The business operated efficiently until market conditions supported an orderly wind-down, maximizing stakeholder value.
Learn more »As inancial advisor and investment banker, Force 10 guided this chain retailer of luxury candies to a successful Plan of Reorganization. This included securing a Debtor-in-Possession (DIP) loan and a stalking horse bid. Additionally, Force 10 conducted a Section 363 process and successfully confirmed a Plan of Reorganization for this luxury candy brand. Throughout the process, Force 10 skillfully navigated a complex capital structure and balanced the diverse priorities of various stakeholders.
Learn more » News »Force 10 served as Chief Restructuring Officer and developed and executed a strategy to finance the Chapter 11 Plan for XS Ranch, a partially-entitled master-planned community. Our exceptional work was awarded “Financials Deal of the Year (Under $500MM)” by The M&A Advisor.
Learn more »Force 10 acted as an investment banker to the franchisee of six casual dining restaurants branded Rock & Brews. We marketed and arranged Section 363 sales of the restaurants.
Learn more »Force 10 acted as financial advisor to the Official Committee of Unsecured Creditors in a highly contested Plan of Reorganization that was subsequently converted to an operating Chapter 7 process, removing control from the Debtor's insiders.
Learn more »Force 10 was engaged by the Ad Hoc Committee of the Independent Directors of Boro Transit, Inc.’s Board of Directors to assess the fairness of the price paid for the capital stock of SNT Bus Inc., a school transportation provider.
Learn more »Solvency expert witness
Learn more »As financial advisor to the Official Committee of Unsecured Creditors, Force 10 determined that the unsecured creditors of Chineseinvestors.com, a financial news media and content provider targeting the global Chinese-speaking investor community, would be better served by a Chapter 7 Trustee. Based on our analyses and recommendations, the case was converted from Chapter 11.
Learn more »Roscoe's, a chain of chicken-and-waffle restaurants, was a Trustee in Possession under Chapter 11. Force 10, serving as financial advisor to the Official Committee of Unsecured Creditors, developed and confirmed an unsecured creditor Plan of Reorganization. As Plan Administrator, we ensured the reorganization proceeded as specified. Force 10 reduced IRS claims by $11 million, structured and monitored a $40 million real estate collateral package, monitored operations, and resolved covenant issues while collecting cash flow for the benefit of Plan beneficiaries.
Learn more »Force 10 served as an expert witness regarding valuation, solvency, and damages in a case involving this company that developed and marketed business processes, compliance, and change management software. Our testimony prevailed over the plaintiff's demands and position on damages.
Learn more »Financial advisor to secured creditor
Learn more »Force 10 served as the Receiver in high-profile litigation involving former attorney Michael Avenatti (convicted of fraud and extortion). Following a Chapter 7 bankruptcy filing, we support the Trustee, and government agencies.
Learn more »Force 10 acted as the financial advisor to the Debtors of this group of urgent care centers during a Chapter 11 process.
Learn more »Force 10 provided litigation support and opinions on solvency and fraudulent transfers in adversary proceedings involving a Los Angeles-based money management firm.
Learn more »As a financial advisor to the Chapter 11 and Chapter 7 Trustees, Force 10 conducted an orderly wind-down of this consumer debt settlement company's operations, analyzed avoidable transfers and litigation, and provided litigation support.
Learn more »Force 10 served as operating Receiver to a non-debtor affiliate of a Chapter 11 Debtor.
Learn more »Force 10 served as the financial advisor to this wholesale tobacco distributor, facilitating the resolution of creditors’ claims through a structured dismissal process. During the pendency of the bankruptcy case, the company experienced significant improvements in business economics, leading to a successful and equitable outcome for stakeholders.
Learn more »Acting as a financial advisor to the Chapter 7 Trustee, Force 10 conducted preference, fraudulent transfer, and solvency analyses concerning this aftermarket automotive parts distributor to support the Trustee's claims against transferees.
Learn more »Acting as Receiver of this shipping container rental and leasing business, Force 10 identified the flawed business model that led to its failure and oversaw the portfolio wind-down to maximize value for stakeholders.
Learn more »Force 10 served as Trustee of the post-Chapter 11 liquidating trust of an innovative audio technology company that made high-quality, immersive wireless speakers, headphones, and smart home audio systems.
Learn more »Force 10 assisted the Chapter 7 Trustee in maximizing value via an Article 9 sale of the assets held by this mineral rights investor and distributor of refined petroleum products in California's Central Valley after a judge denied a proposed Section 363 sale for the sole benefit of the secured creditor.
Learn more »Force 10 served as financial advisor to this rural hospital undergoing a Chapter 9 Reorganization.
Learn more »Force 10 served as investment banker to sell the patent portfolio of this non-operating business that had developed unique printed circuit board technology. Force 10's engagement resulted in the successful sale of the intangible assets.
Learn more »Sendio, a provider of email security solutions, was challenged by a legacy cost structure and weary investors. Given its lack of liquidity, Sendio reorganized via an Assignment for the Benefit of Creditors, in which Force 10 served as the independent director and coordinated the transaction. Through an auction, Sendio was sold to a European-based fund, maintaining continuity with its employees and customers while significantly reducing operating costs.
Learn more »By conducting a comprehensive cost and profitability analysis, Force 10 improved the enterprise value of this manufacturer of components for the aerospace and defense industries, benefitting the secured lender and shareholders. Our work resulted in the refinancing of secured indebtedness.
Learn more »Force 10 was the financial advisor, providing comprehensive valuation support for a management-led Section 363 sale and Plan of Reorganization. The engagement involved assisting a wholesale grocer through the complexities of the bankruptcy process, including developing strategies to maximize value for stakeholders and supporting the reorganization efforts.
Learn more »A Force 10 professional provided expert witness testimony on the capital raising process, including the roles and responsibilities of investment bankers and placement agents. The testimony addressed fiduciary duties, standard operating procedures for due diligence, and disclosure requirements in connection with a capital raise for a China-based company seeking investment from U.S. investors.
Learn more »When this fast-fashion retailer succumbed to the pressure of omnichannel competitors, Force 10 executed an orderly liquidation to maximize recovery for creditors during Chapter 11.
Learn more »Force 10 provided a solvency opinion and expert testimony in support of KP3, a ticket broker for concerts, sporting events, theatrical performances, and other live events nationwide, which had been placed in an involuntary Chapter 7 proceeding. Our testimony showed that the Debtor was solvent, and the case was dismissed.
Learn more »Force 10 professionals marketed the assets of this manufacturer of components for the aerospace and defense industries and conducted a Section 363 sale via auction.
Learn more »Force 10 obtained confirmation of this individual Debtor's Chapter 11 Plan, which involved complex and contentious court proceedings. Our efforts avoided lien attachments and levies, and the estate was resolved via a full-pay Plan of Reorganization.
Learn more »Separately, the principals of Force 10 served as financial advisors and investment bankers to the Debtor and legal counsel to a bidder in this Chapter 11 process.
Freedom Communications filed for Chapter 11 bankruptcy protection on November 1, 2015. The bidder, Digital First Media (digitalfirstmedia.com), submitted a $51.8 million bid that was approved by the United States Bankruptcy Court in Santa Ana, CA, after the U.S. Department of Justice filed an antitrust lawsuit against the highest bidder, Tribune Publishing. The final sale to Digital First Media closed on March 31, 2016, for $49.8 million.
Learn more »After an initial award of $7.7 million, Force 10 served as the defense expert witness, testifying to the extent of monetary damages. The plaintiff's expert argued that damages exceeded $25 million. The jury sided with the Force 10 expert and awarded no damages.
Learn more »Force 10 professionals acted as financial advisors to a high-profile Las Vegas real estate development project embroiled in securities fraud allegations and other legal disputes. The claims were resolved through a Chapter 11 bankruptcy process. The project, a joint venture between Turnberry and MGM, involved the development of three luxury condominium towers strategically located behind the iconic MGM Grand on the Las Vegas Strip.
Learn more »Force 10 professionals represented Foxconn, a major global contract manufacturer and the largest claimant and supplier to Fuhu, a children’s tablet and app maker, with respect to Fuhu's Chapter 11 bankruptcy. We assisted in settling cross-claims and succeeded in reducing Foxconn's potential exposure. Force 10 professionals also monitored the sale proceedings and asserted Foxconn's rights.
Learn more »Force 10 served as the rents and profits Receiver of an affiliate of a Bankruptcy Debtor.
Learn more »A Force 10 affiliate served as Assignee per a California Assignment for the Benefit of Creditors and oversaw the dissolution of this company, which installed fencing and gates. Force 10 retained an auctioneer to maximize asset value and conducted an orderly wind-down of operations.
Learn more »Force 10 provided expert opinions on solvency and fraudulent transfers in response to Bankruptcy Trustee litigation seeking over $1.2 million. Force 10 participated in the mediation, and our client settled the claims below the Trustee's settlement demands.
Learn more »A Force 10 professional was appointed as Custodian and Receiver sua sponte by the Delaware Chancery Court and then served as the fiduciary through the Chapter 11 process for this online travel agency, raising cash through asset sales, avoiding preferences and fraudulent transfers, and settling D&O claims.
Learn more »Force 10 served as an Expert Witness on behalf of a creditor challenging the feasibility of the Debtor’s Chapter 11 Plan of Reorganization. The Debtor, a provider of audio/visual equipment rentals and services, faced scrutiny regarding the viability of its proposed plan. Force 10’s testimony was critical in achieving a stipulation that secured more favorable treatment for our client under the Plan.
Learn more »Force 10 professionals testified to the valuation and sale feasibility of this company that provides website hosting and co-location services. Our testimony resulted in the removal of the state court-appointed Receiver. We then served as investment bankers and conducted a Section 363 sale that allowed all creditors to be paid in full and ended shareholder disputes with a distribution to equity.
Learn more »Force 10 professionals acted as the Financial Advisor to the Debtor, a provider of cybersecurity tools to consumers and small businesses. They arranged a Section 363 sale to Guthy-Renker, the strategic partner and secured lender.
Learn more »Force 10 professionals took over the operations of this ambulatory surgical center, which was challenged by a lack of liquidity and fraud-like activity. We facilitated scheduled procedures to ensure continuity of patient care and oversaw an orderly wind-down as the facility would never generate a return for investors and lacked leadership. The insider was subsequently investigated for fraud.
Learn more »Force 10 professionals were hired to advise Chase Capital during the bankruptcy proceedings for this oil refinery near San Antonio, TX. They provided Debtor oversight, coordinated the refinery's going-concern sale, and successfully executed the Plan of Reorganization.
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