Lalani Steel

Turnaround for Lenders / Attorneys
Manufacturing
August 5, 2020
2
min read

Project summary

Lalani Steel

Lalani Steel is a steel wholesale distributor located in Fontana, CA. Ampleo was hired by Lalani Steel on the advice of the secured lender to create and administer a loan recovery plan.

Working with management, a recovery plan was created and reviewed with stakeholders including the owners, secured lenders, trade vendors, employees, and other stakeholders. The recommended plan called for the liquidation of non-performing inventory and fixed assets. Ampleo oversaw the implementation of the recovery plan. The secured lenders were repaid in full, and the recovery plan was accomplished out-of-court, with the company continuing as a going concern.

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Let's Build It

Let's Stabilize the Business and Find the Path Forward.

Whether you're an owner weighing options, a lender assessing a credit, or counsel preparing a filing, the first conversation is about where things actually stand.

Let's Build It

Let's Stabilize the Business and Find the Path Forward.

Whether you're an owner weighing options, a lender assessing a credit, or counsel preparing a filing, the first conversation is about where things actually stand.

Let's Build It

Let's Stabilize the Business and Find the Path Forward.

Whether you're an owner weighing options, a lender assessing a credit, or counsel preparing a filing, the first conversation is about where things actually stand.

Let's Build It

Let's Stabilize the Business and Find the Path Forward.

Whether you're an owner weighing options, a lender assessing a credit, or counsel preparing a filing, the first conversation is about where things actually stand.