Cordes & Company

Unclaimed property database key to resolution of lawsuit

A company engaged in the recovery of unclaimed financial property was sued by its investors. To execute the judgment of the Arapahoe County District Court, the investors retained Cordes & Company to gain control of the company’s most valuable asset – its database -- and recommend next steps for investors. After an unsuccessful attempt to sell the company, Cordes recommended that the investors obtain clear title to the database asset and deploy the business plan either under new management or in cooperation with another vendor in the unclaimed property business. The Court approved these recommendations, and the investors now have total control of the asset.

California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
220 South 6th Street
Suite 2125
Minneapolis, MN 55402
Telephone: 612.455.6027
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