Cordes was appointed Receiver with respect to the assets of a small defunct professional services firm. As part of the initial procedures, Cordes performed preliminary forensic financial analyses that led to the identification and determination of questionable transactions and related party take-outs prior to the dissolution of the company to the detriment of the lender. These findings resulted in a settlement between the lender and certain of the principals/related parties that gave rise to some recovery of the losses incurred by the lender related to the outstanding loans.