Cordes & Company

Dissolution of North Dakota oil field assets

During the height of the oil boom, a land company acquired a number of real estate parcels located in the Bakken oil field of North Dakota.  In addition to the real estate, the company acquired an interest in a company that holds two industrial buildings.  To acquire these assets, the company borrowed money from an off-shore hard-money lender.  When the company was unable to service the debt, the lender petitioned the court to have a receiver appointed.  Cordes & Company is overseeing dissolution of these real estate assets and company shares.  We will also close down the company.

Colorado
5299 DTC Boulevard
Suite 600
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.6027
California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
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