Guardian Metal Sales concentrated on selling non-ferrous strip and copper metals, primarily copper and metal alloys. In addition to the sale of the metal products, the company provided value-added services to its customers with the ability to fabricate to their specifications. In 2009, the economic downturn and lack of access to adequate working capital sources hindered the company’s ability to operate profitably and sustain its ongoing operations. The Assignee’s role in this matter was to oversee the orderly wind down of the company’s operations in Illinois, Texas and Missouri, including the liquidation of company assets. The Assignee successfully negotiated a sale of the substantial metal inventory; immediately concentrated on the collection of the outstanding accounts receivable; conducted an auction for the personal property, customer lists and trade names and negotiated the sale of a 115,000 square foot facility in Morton Grove, Illinois.