After purchasing casual dining chain Fatburger in 2003, CEO Andy Wiederhorn fought for years to turn around the company's performance. But, faced with an ineffective management team and the recession, he finally resorted to Chapter 11 bankruptcy filings for two of the restaurant’s west coast subsidiaries in 2009. Since...more
Tag Archives: bankruptcy
I just read an interesting article about the Executive Airport Business Center that was sold through a mortgage foreclosure. It was bought for more than the former mortgage price and at the time it was foreclosed on, it was 91% leased. If the original owner had reached out to us and used our services, the original...more
Chapter 11 Filing as an attorney can be daunting if you've never done it before. Take a look at our great tips to help any attorney file a successful chapter 11 bankruptcy. 5. Before...more
Great property lost through mortgage foreclosure... this should not have happenedI just read an interesting article about the Executive Airport Business Center that was sold through a mortgage foreclosure. It was bought for more than the former mortgage price and at the time it went into mortgage foreclosure, it was 91% leased. This should not have...
November 22, 2013 For Immediate Release: Huntingdon Valley, PA./Fort Lauderdale, FL. GFCIB and Advisors, LLC a nationally recognized financial real estate advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses announced two new engagements to restructure and provide Chapter 11 bankruptcy support services involving complicated commercial real estate partnerships in Chapter 11...more
I read this today and I wanted to share it Viewpoint: Timing Makes All the Difference in Mediation....more