At Cordes & Company, our financial and management professionals provide prompt and expert support for businesses, governments and real estate in transition, litigation and distress – as well as their local, regional and national lenders.
One of our primary areas of focus is bond financing and creditors' rights. Over the past 30 years, Cordes & Company has provided valuable support in a variety of municipal bond defaults.
Our services include:
- Operational assessments
- Financial due diligence
- Feasibility determinations
- Default restructuring advice
- Post-restructure performance monitoring
- Active management of underlying assets, typically as receiver
- Liquidation of pledged assets
- Expert opinions and testimony
Working on behalf of bond holders and/or indenture trustees, Cordes & Company has handled municipal bond default projects in the following areas:
- Continuing care retirement communities
- Educational facilities
- Recreational facilities
- Land developments
- Golf courses
- Utility and sewer providers
- Multi-family housing
- Governmental structures
- Improvement districts
- Religious facilities
- Industrial developmental bonds
Managing Director Ed Cordes spent several years as a director of a municipal water, sewer and storm water district in the Denver metro area. In this capacity, he served as the chair of its finance committee.