Representation of Financially Distressed Gold Coast Not-For-Profit Private School
Called upon to strategize and facilitate a plan to save a 100+ year private boarding school. The school was losing students and was at risk of running out of funds to enable it to compete the school year. After extended negotiations with an intended purchaser who was an operator of “for profit” private schools, achieved a settlement whereby the purchaser made a loan of the entire purchase price together with an option to purchase after certain conditions were attained.