Financial Services

A Force 10 professional provided expert witness testimony on the capital raising process, including the roles and responsibilities of investment bankers and placement agents. The testimony addressed fiduciary duties, standard operating procedures for due diligence, and disclosure requirements in connection with a capital raise for a China-based company seeking investment from U.S. investors.

Force 10 provided litigation support and opinions on solvency and fraudulent transfers in adversary proceedings involving a Los Angeles-based money management firm.

Force 10 played a pivotal role in restructuring this purpose-driven climate action company by realigning its two segments to focus on generating profits and creating value. To achieve these objectives and support a future change in control, the company implemented strategic measures, including reducing headcount and capital investment, refocusing its portfolio of carbon credit projects, and streamlining its online-only, environmentally conscious consumer bank.

Force 10 was retained to evaluate the fund's investments, liquidity and financial management.

As financial advisor to the Official Committee of Unsecured Creditors, Force 10 determined that the unsecured creditors of Chineseinvestors.com, a financial news media and content provider targeting the global Chinese-speaking investor community, would be better served by a Chapter 7 Trustee. Based on our analyses and recommendations, the case was converted from Chapter 11.

Force 10 provided expert opinions on solvency and fraudulent transfers in response to Bankruptcy Trustee litigation seeking over $1.2 million. Force 10 participated in the mediation, and our client settled the claims below the Trustee's settlement demands.

Acting as Receiver of this shipping container rental and leasing business, Force 10 identified the flawed business model that led to its failure and oversaw the portfolio wind-down to maximize value for stakeholders.

Force 10 provided fiduciary services for this venture capital fund family after the sponsor was removed under allegations of misappropriation of funds, managing all the activities required to protect and support the value of the portfolio.

Force 10 was the financial advisor to the Official Committee of Unsecured Creditors of this firm that had been accused of running a fraudulent business that dealt with consumers debt resolution. We took the lead in preparing the disclosure statement projections and monitoring the buyer's accounting and operations on behalf of the estate. The Chapter 11 bankruptcy plan was confirmed in September 2024, and Force 10 remains involved in the post-effective date activities.

As a financial advisor to the Chapter 11 and Chapter 7 Trustees, Force 10 conducted an orderly wind-down of this consumer debt settlement company's operations, analyzed avoidable transfers and litigation, and provided litigation support.

Force 10 served as the Chief Restructuring Officer and Financial Advisor to this real estate loan investment fund, which was reorganized under Chapter 11.

Force 10 served as operating Receiver to a non-debtor affiliate of a Chapter 11 Debtor.

Out-of-court wind down of operations and assets

Force 10 Partners is providing a CRO and financial restructuring services to this life settlement investment fund.

Force 10 Partners served as financial advisor in a sub-advisor capacity to the named fiduciaries of this venture fund family, which had been severely impacted by sponsor misappropriations.

Force 10 assisted the bankruptcy trustee and legal counsel by conducting a thorough forensic accounting investigation and funds tracing analysis for a VOIP traffic financial services company. This engagement involved identifying and analyzing international fund flows among numerous entities and examining voidable transfers to recover for the benefit of creditors.