Apple Valley Commons

Assignment for the Benefit of Creditors case involving two commercial office buildings.

Office Condominium Developer

Served as receiver of distressed developer of office condominiums. Successfully negotiated agreements with lenders, creating an orderly sale process that yielded full recovery for creditors and over $4 million distribution to shareholders.

$1.0 Billion Merchant Developer

Lighthouse staff appointed as CEO, Chief Restructuring Officer and to the board of directors. Managed the companies through an out of court liquidation and wind down.  Actions included sale of a profitable operating subsidiary, defending significant litigation and resolving disputes with various creditor groups.