Case Study: Veteran Fiduciary achieves streamlined bankruptcy case management with Stretto

Veteran Fiduciary - Customer Case Study

David Goodrich, a veteran fiduciary and Chapter 11 trustee, was appointed to manage the bankruptcy of El Toro Bravo, a family-owned restaurant facing severe operational and financial challenges. These included payroll delays, problematic vendor relationships, and regulatory violations. To manage the complex case, Goodrich needed a comprehensive professional-services partner and turned to Stretto for its suite of client-support services.

Stretto provided a dedicated team that handled seamless data transfer and implemented its proprietary Trustee Suite software for real-time financial tracking. They streamlined workflows, managed payroll and vendor payments, and provided ongoing expert guidance. As a result of the partnership with Stretto, the restaurant's reorganization plan was confirmed, allowing it to remain open, become debt-free, and pay its creditors in full.