RCLCO
34 Case Studies
A RCLCO Case Study
The Official Committee of Unsecured Creditors, representing unsecured creditors in the TOUSA, Inc. bankruptcy, required litigation support and expert testimony for a fraudulent conveyance dispute. They engaged RCLCO Real Estate Consulting for its specialized real estate expertise and analysis.
RCLCO provided extensive valuation analysis and historical analysis of real estate trends, which served as the foundation for successful expert testimony. This resulted in a favorable initial Bankruptcy Court decision with a judgment in excess of $500 million for RCLCO's client. Although later overturned on unrelated grounds, the original decision was ultimately affirmed by the Eleventh Circuit Court of Appeals.
The Official Committee of Unsecured Creditors