Cordes & Company

Receiver for partnership in litigation

When a Nevada-based LLC partnership deteriorated and entered into litigation, the court appointed Cordes & Company as receiver until the litigation could be resolved.  The assets under our management included a 25,000-square-foot office building and a problematic 900-unit storage warehouse.  During our tenure, the office building was updated and finances for the storage warehouse were brought under control.  As a result of the litigation, a settlement agreement was reached, the old LLC was dissolved and a new LLC was formed, minus the troublesome partner.  We secured a vendor to manage the storage warehouse going forward.

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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