Operating Companies are the Next Wave of Distress
Even as America celebrated its longest financial expansion in history, many mid-size operating companies were already starting to show signs of trouble in late 2019. Growing trade tensions, lack of capital market access, and a global slowdown helped trigger a rise in corporate restructurings as the year progressed.
Now, due to the coronavirus pandemic and the resulting economic impact, the tipping point has been reached for many mid-market businesses operating within a $25 to $200 million valuation. A new wave of distress is beginning to gain momentum.
Although DWC’s real estate ventures launched it onto the national stage in the 1980s, the firm has since deployed significant resources to the resolution of complex litigation issues, partnership disputes, and operating companies. DWC has been appointed the Receiver on 1,200 matters in State and Federal court in 34 states. The combined asset value of these assignments has exceeded $15 billion.Whether dealing with manufacturing, retail, distribution, or hospitality, DWC assumes operational oversight to stabilize the operations – either instituting new management for a corporate overhaul/turnaround or supervising a liquidation.
We have a large bench of professionals to deal with operating businesses, including those with real estate or timeshare components attached,” says Chairman and CEO Douglas Wilson, who founded the firm in 1989. “There really is no substitute for experience in these complex matters.
We stand ready to support our existing and new clients with efficient and best-in-class business remedies. For additional information please contact Douglas Wilson at 619-906-4312.
Douglas P. Wilson
1620 Fifth Ave., Suite 400
San Diego CA 92101
Please accept our sincere best wishes for the health and safety of you and your team.