Represented William F. Perkins, the examiner appointed in the Chapter 11 cases of HomeGold Financial Inc., HomeGold Inc. and Carolina Investors Inc., pending in the United States Bankruptcy Court for the District of South Carolina, Columbia Division. HomeGold and HomeGold Financial were collectively a subprime mortgage lender funded by the sales to the public of the subordinated debentures of Carolina Investors Inc. Carolina Investors effectively operated as an unregulated bank, and the examiner was appointed to determine the cause of the collapse of the HomeGold/Carolina Investor entities and to determine the claims of the three debtor estates against third parties. The firm assisted the examiner in an extensive series of interviews of the officers and directors of the HomeGold/Carolina Investor entities; review of the relevant documents associated with the failure of the HomeGold/Carolina Investor entities; research and analysis of the claims of the debtors against third parties; preparation of three reports of the examiner; and, advising the examiner, whose powers were expanded to include operation of the debtor entities, on the orderly liquidation of the debtors and the formulation and preparation of a plan and all associated documents.

Experience Center

Match our Experience to Your Needs

Experience Highlights

Settlement of a major title insurance claim for a 54 acre development project
Served as lead counsel representing the developer of a high profile, 54 acre project in a major title insurance claim arising out of an easement more
Sales of shares of a major online gaming company
Represented the management of a major online gaming company in connection with the sale of all shares in the company to a public company. more
Asbestos property damage litigation for a national building and construction products manufacturer
Served as defense counsel for a national building and construction products manufacturer in landmark asbestos property damage litigation. more
Condominiumization and sale of mixed-use development for Access Medical Development
Represented Access Medical Development, nationally recognized medical real estate developer, in condominiumization and sale of mixed-used more