EDS’ Special Assets and Replevin Group marshals onsite 24/7/365 throughout the world to provide the complete spectrum of asset recovery and replevin related services. Our special-assets experts work closely with the secured lender and their legal representatives to protect, maintain and enhance the going concern value of the business and/or business assets that might otherwise be lost during bankruptcies, foreclosures, restructurings and replevin related actions while actively pursuing permanent solutions.
The impact of complex and contentious litigation in many special asset and replevin situations can complicate, if not destroy, the secured lender’s position if not handled properly. Noncurrent, nonperforming, distressed, and troubled accounts present many pressing challenges. When problematic accounts facing operational or financial challenges and special-asset situations do occur, our experienced—street savvy—proficient interim/workout and turnaround management teams, keepers, receivers and special masters employ creative solutions that often reverse and cure special-asset situations immediately.
Our Special Asset & Replevin Related Services Include:
Valuations: EDS’ internationally accredited valuation experts and special-asset managers conduct in-depth analyses to provide objective opinion(s)-of-value and advice that help resolve complex appraisal and valuation matters in litigation. We advise client counsel in the preparation of related discovery, Daubert Challenges and Rule 702 Motions, and appraisal regulatory compliance with U.S. state and federal law, the Uniform Standards for Professional Appraisal Practice (USPAP), and international Basel Accord requirements.
Asset Recovery / Keeper Services: Our comprehensive replevin services include: Full-service—24/7/365 Asset Recovery and Keeper Services; dismantling, shipping, storing, maintenance, repair, and remarketing, with particular emphasis on handling marine related vessels and machinery and equipment, land-based and floating-assets, e.g. inland vessels, tugs, workboats, barges, cranes, drilling equipment, marine equipment and cargoes along the Greater Gulf Coast of the United States at our flagship Recovery Center, the Port of Slidell, www.portofslidell.com. Our technicians are specifically trained in machinery and equipment removal and our practiced methods and procedures serve to protect and enhance the value of our client’s assets unlike equipment maulers so often associated with recovery activities.
Asset Remarketing: EDS’ global remarketing efforts are handled by our polished—market makers. Our remarketers are particularly skilled at building markets and in seeking out and identifying end-users not middlemen nor dealers. These efforts translate into significantly greater returns for our clients. Remarketing can be accomplished either on-site or from one of our strategically located Investment Recovery Centers of America® venues.
Environmentally Sensitive Situations: EDS is distinguished by the United States Environmental Protection Agency (USEPA) for its award-winning environmentally sensitive special asset work and its knowledge and understanding of the complex environmental related lender liability and legal issues surrounding the investment—asset recovery replevin process. EDS is recognized by the USEPA as the only company of its kind allowed to conduct investment—asset recovery for lenders on active Superfund Sites. Additionally, EDS is pleased to provide Keeper services to the United States Marshal Service.
