A construction company in San Diego, California with $8 million in annual revenues, producing single-family home slab foundations and related flatwork for numerous home builders.
Project Description
Douglas Wilson tasked Douglas Wilson Companies (DWC) with handling various receivership services and overseeing the completion of various projects.
Scope of Work
DWC performed an in-depth evaluation of the company’s financial position, builder contracts and project staffing. DWC oversaw the completion of 12 projects, implemented and executed a system to collect $3 million in receivables and transferred assets back to the defendant with a restructuring agreement.
Project Resolution
DWC ultimately liquidated the El Dorado Concrete Construction Company.
Project Name
El Dorado Concrete Construction Company
Client
Superior Court of the State of California, San Diego County
Location
San Diego, CA
