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Tag: receivership

Resolute Appointed as Receiver of Leading Chevy Restoration Parts Supplier

SCOTTSDALE, ARIZONA (July 31, 2018) – The Superior Court of the State of Arizona, Maricopa County, appointed Resolute Commercial Services, LLC, acting by and through Jeremiah Foster on July 30, 2018 as Receiver in the case of Enterprise Bank & Trust vs. Impala Bob’s, Inc., a leading supplier of parts for the restoration of 1958-1976 … Continued
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Press Release: Closure of Two Arizona Hospitals – Gilbert Hospital & Florence Hospital at Anthem

PRESS RELEASE PHOENIX (June 19, 2018) – Two Arizona medical centers, Gilbert Hospital, 5656 S. Power Rd., Gilbert, Ariz., and Florence Hospital at Anthem, 4545 N. Hunt Hwy., Florence, Ariz., closed their doors permanently on Friday, June 15. The decision comes as the hospitals have encountered prolonged financial hardship, culminating in the announcement of involuntary … Continued
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Q1 2018 Resolute Index

Q1 2018 Resolute Index The Q1 2018 Resolute Index provides an overall interpretation of the bankruptcy and receivership trends in Arizona and its comparison on a national level. Our proprietary database of receivership and bankruptcy filings create a unique vantage point rarely measured. Resolute is dedicated to providing creative solutions to complex business problems. Contact … Continued
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Resolute Appointed as Receiver for Drug and Alcohol Addiction Rehab Center

SCOTTSDALE, ARIZONA (May 30, 2018) – The Superior Court of the State of Arizona, Yavapai County, appointed Jeremiah Foster on May 30, 2018 as Receiver in the case of Bank of America, N.A. vs. A Sober Way Home, Prescott Detox Center, LLC and Sandra J. Tillman. Resolute was appointed to protect the security interests in … Continued
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2017-2018 Resolute Index

The 2017-2018 Resolute Index is now available! This index presents an analysis of 2017 Arizona workout filings from both quantitative turnaround industry reports as well as subjective input from individuals within the turnaround space. The report highlights: Arizona workout environment trends State of the Workout Environment survey results Industry trends forecast for 2018 Download the … Continued
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Resolute Index 2016-2017 Overview

Resolute Index 2016-2017 Overview We sit 92 months removed from the depth of the great recession (June 2009). This past year we saw a continued decline in total business bankruptcy filing as the economy maintained a modest growth. The Resolute Index shares the overall trends of the workout industry in 2016 in addition to: Arizona … Continued
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Resolute Appointed as Receiver for a Fractional Ownership Golf Resort Community

SCOTTSDALE, ARIZONA (October 12, 2016) – The Superior Court of the State of Arizona, Maricopa County, appointed John Mitchell on October 12, 2016 as Receiver in the case of Seven Canyons ReCap, LLC vs. Villa Renaissance, LLC. The case involves the disposition of 6 wholly-owned and 7 fractional interest units in The Villas at Seven … Continued
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Resolute Appointed as Receiver Over Numerous Timber Companies

The Superior Court of the State of Arizona, Apache County, appointed Jeremiah Foster on October 19, 2015 as Receiver in the case of W B Contracting, Inc. The case involves receivership where equal partners could not agree how to proceed with the final operations and orderly wind down of four business entities under the Receivership … Continued
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Sale of Two Brothers VIII Property

Receivership Sale Resolute is pleased to announce the receivership sale of Two Brothers VIII, Inc., property located at 8282 W. Camelback Road, Glendale, AZ 85303. The Property was an abandoned fuel station and 2,280 square foot convenience store formerly operated as a branded ARCO fuel station and an AM/PM convenience store. With the help of … Continued
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A Sample of 2014 Equity Receiverships

2014 was a busy year for the Resolute receiverships team, and below is a brief sample of our engagements.  
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