A bankruptcy estate consisting of three separate land parcels in and around Rosarito, Mexico.
Douglas Wilson, appointed as Trustee, took control of the assets, secured the title and liquidate the properties.
The Trustee maintains the debtor’s books and records; prepares monthly operating reports; receives payments and makes distributions; assists counsel in preparing status reports; prepares various financial analysis and projections; coordinates activities with Capital Trust relating to resolution of the case, property sales activity and funds distribution; resolves issues relating to title and ownership for the Mexican properties; performed numerous physical inspections of the property relating to illegal trespassers; conducted numerous meetings with the various parties in order to facilitate the sale of the Mexican properties; meets with brokers and potential purchasers of the Mexican properties; and has coordinated final Mexican property sales activity.
A significant portion of portfolio has been sold.
United States Bankruptcy Court, Southern District of California
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.
1620 Fifth Avenue
San Diego, California 92101