Operating a Business sold as a Going Concern City National Bank v. Enjoy Foods, International The Receiver generated several potential buyers of this beef jerky and snack food processor and distributor. After selling the business and collecting the receivables, the secured lender was paid in full. more information Guaranty Business Credit Corporation v. Fisherman Johnny Companies, Inc. This fresh and frozen seafood distribution company was operating in Vernon, CA. and Las Vegas, NV. The Receiver located a purchaser of the going concern, collected the receivables and the secured creditor was paid in full. more information Victor Valley Community Hospital v. Mojave Medical Group, Inc. An operating Independent Physicians Association was found to be insolvent. The Receiver received agreement from multiple insurance providers to complete a sale of the medical service and a resolution of outstanding liabilities. more information General Bank v. Semco Laser Technology, Inc. The company lost all its capital after over-investing in plant and equipment, including a factory in China, as competition dramatically increased and the demand for product decreased. The Receiver was able to sell the U. S, assets in place and craft an acceptable distribution plan for multiple creditors. more information