For over 30-years secured creditors throughout-the-world have relied on our Commercial Loss Mitigation Assignee / Receiver / Trustee unit to handle their special assets and special situations needs. From the disposition of National Priority List Superfund Sites to the disposition of the 'pencils-on-the-desk' we handle it all, and we have generated hundreds-of-millions-of-dollars for our global clients' in the conversion of their special assets and special situations to cash.
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 Special Situations Group marshal on site 24/7/365 throughout-the-world to provide asset-based lenders and myriad other secured creditors and investors with the complete spectrum of commercial loss mitigation operational 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 to conduct asset recovery services for secured creditors on Superfund Sites.
Our operations teams work closely with the secured creditor and their legal representatives to protect, maintain and enhance the going-concern value of the business and/or business assets that might otherwise be lost during bankruptcies, foreclosures, restructurings, liquidations and replevin-related actions while actively pursuing permanent solutions.
The impact of complex and contentious litigation in many special situations can complicate, if not destroy, the secured creditor'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 and 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 fiduciaries are judged.
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