Bankruptcies, foreclosures, and restructurings involve significant legal analysis in their own right, not to mention the additional impact of complex and contentious litigation in many special-asset and replevin situations. These legal issues can complicate, if not destroy, a client’s position if not handled properly.
Equity Development Systems, Ltd. special asset teams and internationally accredited appraisal experts work closely with the client and their legal representatives to coordinate and meet the client’s replevin objectives. Our special asset experts conduct in-depth analyses to provide objective opinion(s)-of-value and advice that help resolve complex appraisal and valuation matters in litigation. We advise client counsel in the preparation of related discovery, Daubert Challenges and Rule 702 Motions, and appraisal regulatory compliance with international Basel Accords and U.S. state and federal law and the Uniform Standards for Professional Appraisal Practice (USPAP) requirements.
Our comprehensive replevin services include: 24/7/365 Keepers, dismantling, shipping, storing, maintenance, repair, and remarketing, with particular emphasis on handling marine-related machinery and equipment—land-based and floating-assets e.g. inland vessels, workboats, barges, cranes, drilling equipment, marine equipment and cargoes along the Greater Gulf Coast of the United States at our flagship Recovery Center, the Port of Slidell. Our technicians are specifically trained in machinery and equipment removal and our practiced methods and procedures serve to protect and enhance the value of our client’s assets unlike equipment maulers so often associated with recovery activities.
EDS’s global remarketing efforts are handled by our polished market makers. Our remarketers are skilled in building markets and in seeking out and identifying end-users not middlemen nor dealers. These efforts translate into significantly greater returns for our clients. Remarketing can be accomplished either on-site or from one of our strategically located Investment Recovery Centers of America® venues.
EDS is distinguished by the United States Environmental Protection Agency (USEPA) for its award-winning environmentally sensitive special asset work and its knowledge and understanding of the complex environmental related lender liability and legal issues surrounding the investment—asset recovery replevin process. EDS is recognized by the USEPA as the only company of its kind allowed to conduct investment—asset recovery for lenders on Superfund Sites. Additionally, EDS is pleased to provide Keeper services to the United States Marshal Service.
