by ldc55 | Aug 23, 2024 | Operational Improvement Services, TRANSACTIONAL, OPERATIONAL & TAX PRACTICE
Independent Receiver requested by Secured Lender, Veritex Ba11k (previously Sovereign Bank), to stabilize and rework production while preparing assets for competitive sale; identified opportunities to restore production and structured finance to fund the restart of...
by ldc55 | Aug 23, 2024 | Operational Improvement Services, TRANSACTIONAL, OPERATIONAL & TAX PRACTICE
Financial Advisor retained by CrossFirst Bank as agent for Arena Resources, Vision Bank and Kirkpatrick Bank; advised lender on DIP Lending Facility terms and “return-to-production” DIP investment; advised lenders through § 3 63 sale process and introduced...
by ldc55 | Aug 23, 2024 | Operational Improvement Services, TRANSACTIONAL, OPERATIONAL & TAX PRACTICE
Appraiser and advisor to address spare parts inventory reporting and management.
by ldc55 | Aug 23, 2024 | APPRAISAL AND VALUATION PRACTICE, Asset Appraisal & Business Valuation Services
Retained by Loyds Bank to value a cement manufacturing and aggregates mining borrower; evaluated weekly and intermediate cash flows, ability to service debt and value of collateral coverage; assisted with restructuring terms of the credit agreement.
by ldc55 | Aug 23, 2024 | APPRAISAL AND VALUATION PRACTICE, Asset Appraisal & Business Valuation Services
Appraiser retained by the controlling shareholder and his counsel to appraise a swing block of stock in a disputed shareholder buyout; the Company is one of the largest national suppliers of home improvement products to Big Box retailers; perform periodic valuations...
