For over 30-years, attorneys, secured creditors, investors, and many others throughout the world have relied upon EDS to serve as their Court Appointed Fiduciaries as Receiver / Keeper (Louisiana) / Trustee / Special Master / Chief Restructuring Officer to preserve, protect, manage, operate, and otherwise administer and handle the disposition of all asset classes in estate and corporate matters; bankruptcies, replevin/seizures, foreclosures, and myriad other legal proceedings. From National Priority List Superfund Sites to the ‘pencils-on-the-desk’ we have handled it all and we have generated billions of dollars serving as independent third-party court-appointed fiduciaries in the care, custody, control and, conversion of special assets and special situations to cash.
We handle all asset classes; commercial and industrial real estate, heavy equipment and machinery, vessels, maritime assets, and commercial inventories. We own the Port of Slidell in Slidell, LA (metro New Orleans) and our vessel captains and marine group specialize as custodians for federal court seizures of assets under admiralty jurisdiction, and we are pleased to serve as a Keeper for the U.S. Marshals Service. Our special situations experts marshal onsite 24/7/365 to provide the complete spectrum of commercial loss mitigation management, operations, and disposition services.
We specialize in handling the disposition of highly-contentious and environmentally-sensitive special situations. Our award-winning environmental special situations services have earned us the distinction of being the only company of its kind that the United States Environmental Protection Agency (USEPA) allows conducting asset recovery services for secured creditors on active Superfund Sites.
As an example, a borrower in financial distress raises myriad commercial loss concerns for its secured lender, including increased risk of less than payment in full of its loan, increased liabilities, additional costs and expenses, and greater utilization of lender resources. When a borrower shows signs of distress, it is critical for the secured lender to promptly and proactively develop a thoughtful strategic plan to mitigate issues and to identify options available to strengthen the secured lender’s position in the credit facility. Doing this is an important first step for a secured lender interested in maximizing its recovery and limiting its exposure. Our management and operations teams work closely with the client's legal representatives to protect, preserve, and maintain and enhance the going-concern value of the business and/or business assets that might otherwise be lost during bankruptcies, foreclosures, and restructurings, while actively pursuing permanent solutions.
The impact of complex and contentious litigation in many special situations can complicate, if not destroy, the client's position if not handled properly. Non-current, non-performing, distressed, and troubled accounts present many pressing challenges. When problematic accounts facing operational or financial challenges and special situations do occur, our experienced—street-savvy—proficient crisis / interim / turnaround and workout management teams employ creative solutions that often reverse and cure these situations immediately.
EDS' unparalleled level of expertise is recognized and appreciated in boardrooms and courtrooms throughout the world. We are the measure by which all such court-appointed fiduciaries are judged.
For more information, please contact: firstname.lastname@example.org or call 866.887.0852 Ext.703