- Mergers and Acquisitions
- Real Estate TransactionsOur experts have managed commercial, residential and resort developments, handled real estate transactions and secured acquisition and development financing. They know how to increase the value of properties. A number of these professionals also hold real estate broker’s licenses. Their experience brings a strategic and practical perspective on what works — and what does not.
- TrustsThe primary asset of a charitable trust was the ownership of a $40 million oil and gas company. As trustee, Cordes & Company assumed operation of the company -- resolving significant litigation and overseeing its eventual disposition.
- BankruptcyEd Cordes was appointed a Chapter 11 Bankruptcy Trustee over a 22,000 acre trophy ranch near Walden, Colorado. The ranch is a working ranch with several employees, multiple residences/shops/barns and contained significant mineral interests and water rights. Ranch hands maintained and cared for approximately 1,700 head of cattle owned by a third party. There were active oil & gas wells on the property as well as active drilling during the course of the bankruptcy as a result of agreements with a significant oil & gas company, including the sale of significant water for use in the drilling programs in the area. The bankruptcy filing resulted from underlying partnership disputes between the two owners coupled with some financial struggles related to the on-going payment of the debt obligations to a national agricultural lender, who held a security interest in all the assets of the ranch. The Trustee has been working through a myriad of operating and financial issues related to the ranch and the on-going partnership disputes.
- ForeclosureWhen the owner of a free-standing 10,000-square-foot building in the Boca Park neighborhood of Las Vegas defaulted on the loan, the lender requested that the court appoint Cordes & Company as receiver during the foreclosure process. This receivership was particularly sensitive, because the owner was also the sole tenant, operating a salon and day spa in the facility. Our basic role in this engagement was to maintain the property, collect rents and protect the receivership estate.