Automotive Parts Manufacturer
22-year-old manufacturer was in aggressive acquisition mode during the downturn in the automotive industry.
Manufacturer of Specialty Vehicles
The client was purchasing a fabricator of specialty vehicles from an Assignee for the Benefit of Creditors.
The foreign parent company defaulted on its loan obligation, and even though the subsidiaries were not parties to the loan agreement, they found themselves without a lender while the matter was being resolved.
Novelty Product Manufacturer
11-year-old company was being liquidated by its existing lender.
This ten-year-old company had an opportunity to accept a $10 million dollar order from a well-known retailer but lacked adequate financing.