DWC quickly identified four key recovery categories: physical inventory; mechanical, racking, and equipment assets; intellectual property; and a significant legal claim involving Amazon. Despite major challenges—including tens of millions in outstanding vendor obligations—DWC successfully liquidated all physical inventory within just 3.5 months. The team also generated a competitive bidding process for the IP assets, achieving a recovery nine times higher than the initial valuation. In coordination with landlords, DWC secured mutually beneficial agreements that allowed for an orderly liquidation and maximized returns for the estate. Additionally, DWC collected, organized, and notified nearly 600,000 creditors within 30 days. The claims process, still underway, has already involved reviewing more than $60 million in submitted claims.

This project remains ongoing, however, DWC has already completed the sale of the company’s IP, physical inventory, and mechanical and equipment assets resulting in over $10M of value – with additional assets remaining to be liquidated.