Industry Insight: Business decision makers should consider annual “house calls” from outside business advisors – the equivalent of business “doctors”
October 28, 2019Aurora Appointed Federal Receiver for Timber Creek Holdings
AURORA APPOINTED FEDERAL RECEIVER FOR TIMBER CREEK HOLDINGS
Charlotte, NC – On September 16, 2019 the District Court for the District of Colorado appointed David Baker of Aurora Management Partners as Federal Receiver for Timber Creek Holdings which includes Timber Creek Holdings LLC, Harley Triumph LLC, Timber Creek Services LLC, Timber Creek Operating LLC, and Timber Creek Energy LLC (case 1:2019cv02377).
The Parties stipulated and agreed to the appointment of David Baker, Managing Partner of Aurora Management Partners as Federal Receiver for Timber Creek Holdings. The Aurora team overseeing the Timber Creek Holdings businesses will also Andrew Blaesing, Associate Director, and Gregory Baker, Senior Consultant.
Timber Creek Energy was established in 2017 in Trinidad, Colorado to serve as a primary producer of natural gas in the Raton Basin of Southern Colorado. The Company operates as a stand alone operation complete with an internal workforce responsible for all aspects of natural gas discovery and production. The Company also has established a large network of pipelines that streamline the sale of its produced carbons.
David Baker has previously been appointed as Federal Receiver for Pyote Water Systems in 2016 which included Pyote Water Solutions, LLC, Pyote Water Solutions Opco LLC, Pyote Brine LLC, Pyote SWD LLC, Pyote SWD II LLC and CLSV Disposal II LLC (the “Pyote Entities”), as well as Knight Industries I LLC in 2009 which included Knight-Celotex LLC, Knight Quartz Flooring LLC, and Knight Industries Premium Flooring LLC.
__
Aurora Management Partners has grown to become one of the country’s most respected turnaround and restructuring consulting firms. The organization specializes in business consulting services, creditor services, investor services and corporate governance advisory services. The staff is capable of handling assignments from the simple and straightforward to those involving public or private companies facing multi-faceted and complex financial, operational, and strategic issues.