This national distributor of luxury

motor home vehicles was suffering

from cash and liquidity challenges

and poor management and report-

ing to its lender. Don was retained

by the lender to assess the current

situation and the viability of the

Company. This then turned into a

Court appointed receivership. As

Receiver, he took inventory and

marshalled the vehicles across the

country to determine the lender’s

true security position. Don met with

the lender and reviewed the options.

He determined the best option was

to sell the business through a Court

approved process. He packed the

inventory by location and sold it in

parcels to maximize the return for

the secured creditor.

MOTOR HOMES VACATION

Financial Advisory, Court Appointed Receiver & Manager

DA Don Allen& Associates Inc.

Toronto · Barrie · Collingwood

www.djallen.ca

1-888-504-1511