Engagements
The following are selected Force 10 engagements.
Force 10 negotiated cash collateral with secured lender to collect outstanding receivables while Force 10 conducted an orderly wind down of operations. Force 10 then supported Chapter 7 trustee in various avoidance actions.
Learn more »Conducted preference, fraudulent transfer, and solvency analysis to support Trustee claims against transferees.
Learn more »Conducted orderly wind down of operations, analyzed avoidable transfers, and supported litigation.
Learn more »Force 10's involvement resulted in higher return to creditors/investors than fund sponsor status quo who was accused of ponzi-like behavior.
Learn more »Served as Expert Witness to determine valuation, solvency, and damages. Prevailed over plaintiff's demands and damages position.
Learn more »Served as Expert Witness in retrial for defendant Idanta Partners, Ltd. in Los Angeles Superior Court against claims by American Master Lease LLC for aiding and abetting a breach of fiduciary duty. Jury awarded $0 in damages.
Learn more »Ran operations during COVID-19, sold secured debt to effectuate 363 sale. Confirmed Chapter 11 Plan of Reorganization.
Learn more » News »Appointed Sua Sponte as Receiver in Delaware Chancery Court. Then served as Responsible Party through Chapter 11 that raised cash through asset sales, avoided preferences and fraudulent transfers, and settled D&O claims resulting in approximately $5mm gross proceeds.
Learn more »Provided litigation support and opinions on solvency and fraudulent transfers.
Learn more »Served as Expert Witness on Plan feasibility for VER, a creditor of BII. Our compelling testimony resulted in an agreement and stipulation for more favorable Plan treatment for our client.
Learn more »Provided fairness opinion to board special committee to confirm the fairness, from a financial point of view, of the purchase consideration.
Learn more »KP3 was placed in an involuntary Chapter 7. Force 10 provided the solvency opinion and expert testimony to demonstrate that the Debtor was indeed solvent. Case was dismissed.
Learn more »In response to Bankruptcy Trustee litigation, provided expert opinion on solvency and transfers. Mediation resulted in favorable settlement to Force 10 client.
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