Force 10 served as investment banker to Nellis Cab, LLC and its parent, Sun Cab, Inc., in their Chapter 11 bankruptcy cases. A staple of Las Vegas transportation since 1962, Nellis Cab engaged Force 10 to navigate a competitive sale process designed to maximize asset value.
We led an extensive outreach effort, contacting more than 130 prospective strategic and financial buyers. Following a competitive auction, the Debtors completed the sale of substantially all their assets to Peteglo, LLC, enabling the fleet to be integrated into Peteglo’s existing operations.
THE CHAPTER 11 CASES ARE PENDING IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEVADA, CASE NOS. 25-17375-ABL AND 25-17404-ABL.