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RESUME OF MAJOR CASES

In matters of insolvency, it is imperative that a Creditors" Committee, when it deems it necessary to retain the services of a Financial Consultant, Secretary, Disbursing, Agent, Escrow Agent, Liquidator, be in a position to retain a professional of impeccable integrity, who is equipped to handle the challenge of working in a complex bankruptcy scenario. It is rare to find a firm that is experienced, professionally adept and can boast a letter of recommendation from a Chief Judge of a Bankruptcy Court, Arthur C. Unger & Company is such a rarity. Below find a list of some of the more renowned cases handled by this office.

 

 

FINANCIAL CONSULTANT TO CREDITOR’S COMMITTEES

NY - Crazy Eddie (Public Corp) - $110,000,000

OH - Cook United (Public Corp) - $ 97,000,000

NY - Straitline Marketing - $35,000,000

NY - Top Brass (Public Corp) - $35,000,000

NY - Allbrands Appliance & TV - $20,000,000

MA - Tech Hi- FI (60+Stores) - $15,000,000

TX - Custom Hi- Fi (50+ Stores) - $15,000,000

MO - CMC Electronics (60+Stores) - $15,000,000

NB - World Radio (15 Stores) - $12,000,000

CA - Sun Stereo (12 Stores) - $10,000,000

MD - SES (Multi-store & Mail Order) - $10,000,000

PA - Wall To Wall Sound (96 stores) - $5,000,000


ESCROW AGENT & DISTRIBUTING AGENT

TX - Liberty Military - $2,000,000

GA - Dutch Valley - $2,000,000

PA - Gola Electronics - $1,750,000

NY - Allbrands - $1,000,000

MA - Lectra City - $ 710,000

FL - Barco Sales - $630,000


TRUSTEE-IN-BANKRUPTCY

MO - CMC Electronics - Chapter 11 Operating Trustee for electronics Retailer with 64 stores,

 in 6 states, grossing over $80 million in sales annually.  - $20,000,00 Distribution to Creditors

 

MD - Stereo Equipment Sales- Chapter 11 Operating Trustee for multi-state,  multi-store, mail order and

 wholesale  company grossing over  $60 million in sales annually. - $10,000,000 Distribution to Creditors

 

NY - Allbrands Appliances & TV - Chapter  7 Trustee - $5,000,000 Estate

NY - Straitline Marketing- Chapter 7 Trustee - $4,500,000 Estate


LIQUIDATOR

NY & NJ - Crazy Eddie, Inc. - $5,800,000 Gross Sale Proceeds

NY & NJ - Newmark & Lewis - $5,600,000 Gross Sale Proceeds

MO - CMC Corp. - $5,400,000 Gross Sale Proceeds


 






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ARTHUR C. UNGER & CO 2006