Hotel Receivership and Hotel Bankruptcy
Trigild has decades of experience serving as court-appointed receiver. Over the years, our team has handled over 700 receivership appointments — devising long-term solutions and sound strategies to maximize asset recovery. Our in-house receivership staff – among them attorneys, paralegals, CPAs, MBAs, and real estate brokers – has taken on every conceivable issue related to receivership law and is adept at locating and seizing key elements of the asset, ensuring the business runs smoothly and efficiently.
Specific services include:
- Takeover Report
- Consulting Enterprise Valuations
- Seizure of Assets
- Court Reports/Order Appointing Receiver
- Contracts and Leases
- Rents and Profits
With a unique combination of receivership, management and disposition services, our in-house team gets the job done efficiently and effectively, helping to shield the lender from liability and generating the very highest possible recovery.
At Trigild, the cornerstone of our business is maximizing recovery for the benefit of lenders and creditors. We have decades of hospitality industry experience, as well as an extensive background in working with hotel bankruptcies and receiverships (click for more background on receivership benefits) – with a national infrastructure, veteran staff and reputation as an industry leader. Hundreds of the country’s top lenders rely on us to attain fast, effective and cost effective results.
Trigild has decades of experience serving as liquidating trustee, custodian and administrator and has a stellar track record in closing business bankruptcy estates. Our staff can handle almost any matter that may arise during bankruptcy— from employee and employment issues to complicated tax matters. Our sophisticated technology and support services save time, money and resources.
Our specific expertise and services include:
- Seizure of Assets
- Detailed Reporting
- Contracts and Permits
- Court Order Compliance and Reporting
Chief Restructuring Officer
Providing an invaluable perspective on the reorganization process, Trigild’s seasoned legal, finance, accounting and operations specialists identify problems, then develop and execute a strategy for long-term operating improvements.
Working with the country’s top brokers, Trigild has played an essential role in the sale of hundreds of assets nationwide, directing the entire process as receiver and REO manager. Our goal? To ensure maximum market exposure, while facilitating a smooth and expeditious transaction — at the optimum price.