Wells Fargo Bank, N.A., (F/K/A Wachovia National Bank of FLorida)

Wells Fargo Bank, N.a., (F/K/A Wachovia National Bank of Florida)


KM was retained by the Bank to provide reliable and objective financial and viability assessments of various troubled secured lending relationships, review of the feasibility of Plans of Reorganization and investigate the conduct of management and business transactions.  The services included turnaround-consulting, investigation of entities in healthcare, hospitality and franchise industries including:

ContinuCare Corp. – Multi-corporate, publicly- traded physician practice management business and healthcare provider in private medicine and managed care services.

National Consulting Group – Multi-corporate and multi-location alcohol and substance abuse rehabilitation services with revenues from Medicare and state funding

Communication Services Group – Multi-corporate telemarketer with revenues exceeding $50 million.

Lover’s Key Development – Hotel and condominium motel suites.

New World Entertainment, Inc. – Blockbuster Superstore

Crescent Airways – Airplane and helicopter charter and tour business in Florida and Hawaii

Palm Beach Institute – Psychiatric rehabilitation facility

Tech Marine, Inc. – Investigate reorganization versus liquidation options

Sunshine Masonry, Inc. – Construction industry

National Fisheries, Inc. – seafood purveyors

Continuum Condominium – mortgage fraud

Lu-Mar Shrimp & Lobster – Seafood purveyor

Builders Choice USA, Inc. – Building materials