The Construction Defect Settlement Trust was established as part of the Chapter 11 bankruptcy for a large Nevada-based homebuilder and covers construction defect claims on 2,800 homes.
Douglas Wilson Companies (DWC), agent for Trustee, was tasked with providing construction defect claims administration for a Construction Defect Settlement Trust.
DWC’s primary responsibilities included coordinating with various insurance carriers to ensure successful resolution of all claims, conducting settlement negotiations with various subcontractors and collecting money from the subcontractors once agreements were reached.
United States Bankruptcy Court, District of Nevada
Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.
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