Stout served as the financial advisor to the Chapter 11 trustee of an automotive service center during the bankruptcy proceedings. Stout managed a sale process for the debtor’s assets. We advised the trustee during negotiations and successful mediation with the secured lender and counsel for the equity owner’s Chapter 7 trustee. Stout provided financial reporting and prepared monthly operating reports as required by the U.S. Trustee Program. The debtor’s assets sold to a regional service station operator at a competitive auction. The lender realized a recovery that was significantly greater than was likely prior to the appointment of the trustee and the engagement of Stout.

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