You are on page 1of 1

Financial Advisory, Court Appointed Receiver & Manager

BATTERY PLUS
This national retail franchise chain some franchises. He determined
of electronic consumer goods was the best approach was to sell the
run by a cunning president. Don business through a Court approved
and his team were retained by the process.
lender to assess the viability of the
Company. Upon seeing the true Don then developed a sales pack-
state of the damage in the Compa- age, researched the market place
ny, Don was Court appointed as Re- and found a buyer, with which he
ceiver and Manager. The Company negotiated and finalized an en bloc
had suffered from rapid and un- sale, after obtaining Court approval.
controlled expansion and there was
a lack of internal controls. Liquid-
ity challenges and other anomalies
revealed that management was not

DA Don
totally forthcoming.
Allen
Don examined all aspects of the & Associates Inc.
Company to determine the options
available and communicated with Toronto · Barrie · Collingwood
stakeholders the issues and the op-
tions. He ran the operations and 1-888-504-1511
rationalized the business by closing
www.djallen.ca

You might also like