A Force 10 professional was appointed as Custodian and Receiver sua sponte by the Delaware Chancery Court and then served as the fiduciary through the Chapter 11 process for this online travel agency, raising cash through asset sales, avoiding preferences and fraudulent transfers, and settling D&O claims.
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Hospitality
Force 10 Partners has earned our reputation as a solution-maker. We identify pragmatic, practical options for distressed enterprises across industries, and forge agreements where others hit an impasse, transforming adversity into opportunity.
Hospitality Engagements
Force 10 was appointed as Receiver for a hotel operator in the Pacific Northwest. In this role, we oversaw the disposition of the hotels to maximize value for secured and other creditors.
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Representing secured creditor to Chapter 11 debtor
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