Inglewood Retained as Chapter 11 Financial Advisor to ArborOne in Detweiler Bankruptcy
ArborOne ACA retains Inglewood as financial advisor in the J.J. Detweiler Enterprises Chapter 11 bankruptcy, with a mandate to maximize the lender's recovery.
ArborOne ACA has retained Inglewood as its Chapter 11 financial advisor in the J.J. Detweiler Enterprises bankruptcy case.
ArborOne is a Federal Farm Credit institution. Detweiler, a residential property developer, built out several thousand acres in rural Tennessee and Georgia with financing from ArborOne. When the housing market turned, the company proved overleveraged and filed for Chapter 11 protection in June 2009.
Inglewood's Role as Chapter 11 Financial Advisor
Inglewood will help ArborOne develop a clear, current picture of the ArborOne-financed developments, monitor the Debtor's ongoing operations, and identify strategies to maximize ArborOne's recovery. It is the kind of creditor-side work at the heart of the firm's Chapter 11 bankruptcy advisory practice.
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