Schafer and Weiner Assists with Workout of Home Improvement Company

November, 2017

Employee embezzlement happens.  A home improvement company suffered catastrophic losses due to embezzlement by its chief financial officer.  The company came to Schafer and Weiner thinking it needed a Chapter 11 bankruptcy.  John Stockdale Jr. guided the company through the emergency and put a financial advisor in place.  Successfully coordinating with counsel and the financial advisor, the company was able to avoid a bankruptcy, work out its obligations and install financial controls.