case studies

Aerion Corporation

  • Marshal and assess Aerion intellectual property and computer systems
  • Organize a plan and strategy to offer Aerion hard assets and intellectual property for sale
  • Work with partners and staff domestically and internationally to sequester and validate information and intellectual property

Optimus Ride, Inc.

  • Private equity-backed developer of autonomous vehicles and enabling technology
  • Review the asset purchase agreement to address the subsequent filing of the assignment for the benefit of creditors following the closing of the sale of assets to the buyer
  • Recovered remaining holdback of purchase price from buyer as reflected in the asset purchase agreement
  • Significant time spent negotiating with various creditors who alleged issues by the company in a failed pre-assignment SPAC transaction

Dillon Fleet Services, et. al.

  • Liquidation of multi-state operations across the country
  • Fleet of over 710 trucks and trailers liquidated across the country

Teters Floral Products, Inc.

  • Liquidated collateral of secured lender paying its claim in full
  • Assets included personal and real property, and accounts receivable
  • Included winddown of foreign subsidiary

Coldwater Direct, LLC

  • Liquidation of large inventory of women’s clothing through Chancery Court overseen sale process
  • Sale included trademark and copyright interests
  • Liquidation retired all unpaid state sales tax claims