Cntact Infrmatin Western Receiver, Trustee & Cnsulting Services Ltd. 1600 Wynkp St Suite 200 Denver, CO 80202 crl@wrtcs.cm Direct: 303.526.1837 Mbile: 303.601.3600 www.westernreceiver.cm Summary Mr. Lewis is an experienced executive and cnsultant, with a cnsistent recrd f accmplishment in a wide range f industries. He has a deep understanding f business and legal management, particularly in financially r peratinally difficult situatins. His areas f expertise include: Receiver/Trustee fr financially distressed investments & cmpanies Dispute strategy and reslutin Strategy develpment and implementatin Successful management f distressed situatins Acquisitins and dispsitins f business units Planning and executin f merger r acquisitin strategies fr private investrs Expert Witness n receivership and liquidatin matters Cmplex prject develpment and management Mr. Lewis has mre than twenty 25 years experience in advising and managing stressed businesses. He is an adjunct prfessr at the Daniels Cllege f Business at the University f Denver. He is a mediatr fr the Faculty f Federal Advcates Bankruptcy Mediatin Prgram. He is a regular cntributr t the prfessinal educatin prgrams f the Turnarund Management Assciatin, and a member f the American Bankruptcy Institute, the Natinal Assciatin f Crprate Directrs, the Urban Land Institute, and the Cllege f Law Practice Management. Educatin University f Denver, Cllege f Law Juris Dctr, December 1984 The Clrad Cllege B.A. Ecnmics, June 1981
Page 2 Experience Mr. Lewis has cnducted his receivership, trusteeships, interim management, strategic assessment wrk thrugh his wn cmpanies, Lewis Cnsulting and Reslutin Management Partners, Inc., and in partnership with thers at Clyses Partners LLC. He is presently managing directr f his cmpany, Western Receiver, Trustee & Cnsulting Services, LLC. Receiverships, Liquidating Trusts and Interim Management Mr. Lewis prvides specialized management services t and fr financially challenged cmpanies and their wners. Mr. Lewis has served as receiver, liquidating trustee r interim manager in a wide range f situatins. Engagements f nte include: Served as interim perating fficer and asset manager verseeing the restructuring, peratin and sale f Briargate (Clrad Springs, CO), (An 11,000 acre master-planned develpment that was held n the client s bks at $25MM lss; ultimately sld fr $75MM). Served as Liquidating Trustee f interests held by bndhlders in 6,000 acre Califrnia real estate develpment prject knwn as Rddy Ranch (Merchant Land Fund Liquidating Trust) Receiver fr: Pwers-Drennan Lcal Imprvement District (700 acre lcal imprvement district that defaulted n its bligatins t its bndhlders). Develped and implemented plan by which bndhlders received 100% f the principal and interest due t them, and $1MM windfall payment t the cunty gvernment. PentaStar Cmmunicatins, Inc. (a publicly traded telecmmunicatins reseller with 15 subsidiaries, 42 ffices and apprximately 400 emplyees). The Assets f Mark J. Jacksn (an investment advisr whse assets were placed in receivership at the request f the Clrad Department f Securities) Mueller Capital Management and Muller Over Under Fund (a hedge fund advisr and related funds placed in receivership by the Clrad Department f Securities) Secured Real Estate Lending Fund (an investment cmpany placed in receivership by the Clrad Department f Securities) COH Hldings (US) Inc. (a privately held R&D cmpany abandned by its fficers and directrs, with its principal investr in receivership in Canada) Shadw Creek Ranch, LLC (a 6,000 acre luxury resrt peratin, with related cattle peratins). Pheasant Run Lcal Imprvement District (Lcal Imprvement District with assets valued at $0.00; Develped and executed plan t restructure and sell assets t recver 65% f bndhlders investment). 1993 t present
Page 3 B&S Manufacturing Cmpany, Inc. d/b/a NeSurce (liquidating receivership f reginal manufacturing cmpany) The Elevatin Htel and Spa in Crested Butte, CO (a 261 rm htel that is the subject f cmplex quiet title litigatin). Successr receiver fr the assets f 2890 Cllege Avenue Phase I (a 100+ cndminium prject where the initial receiver stepped dwn at the request f the prject lender). Sterling Pinte LLC (a partially cmpleted prject in Frasier, CO) Prvided liquidatin advice t the debtr-in-pssessin management team in the Natinal-Hirschfeld Press Chapter 11 case. Expert witness regarding receiverships in In re: Mile High Capital Grup, LLC, and In re: Alan Gay Served as Chapter 11 Trustee in the case In re: William G Hver Chapter 11 Trustee in the case In re: Jannie K Richardsn, and three related Chapter 11 cases; tgether with cntrl f 5 related nn-debtr entities. Managed the successful wind-dwn f Cast Independent Review Bard, LLC (independent review bards versee human medical trials and are regulated by the Fd & Drug Administratin)
Page 4 Strategic Cnsulting and Independent Assessments Mr. Lewis advises cmpanies, investrs bards, and partnerships regarding the 1993 t present strategic challenges facing them. In additin, Mr. Lewis serves as an independent party under Clrad and Delaware Crpratin cdes t advise cmpanies with regard t transactins with insiders. Amng ther engagements, Mr. Lewis: Advised the Trustees f the Webb-Waring Fundatin and Institute (an 80 year-ld research fundatin) in the strategic assessment f their missins, and then versaw the transfer f the Fundatin s assets t the Bettcher Fundatin and the Institute s research prgrams t the University f Clrad. Assisted private investrs with the successful acquisitin ut f cntested Chapter 11 f tw gravel quarries, a shrt-line railrad and a water strage cmpany fr private investrs. Prvided strategic and tactical advice t private investrs wh sught t acquire assets f bankrupt real estate cmpany. Prvided strategic cnsulting with respect t lng-term repsitining f prfessinal service firms (law firms, accunting firms and ther prfessinal firms). Restructured prfessinal service firms t address majr peratinal and financial prblems, and advised prfessinal service firms n mergers and acquisitins. Reviewed and pined n transactins between directrs and their cmpanies in financially stressed situatins. Crprate Management Flywheel Cmmunicatins, Inc. Chief Strategy Officer Senir executive and strategic planner f secure netwrk cmmunicatins cmpany in San Francisc, CA. Designed, develped and implemented management systems and crprate strategy, and versaw the successful winddwn and sale f the cmpany s assets. Member f executive management team, with respnsibility fr crprate planning, finance and supprt peratins. Interacted with Bard f Directrs n all aspects f the business. Develped and implemented business, pricing and peratin prgrams. Develped and executed wind-dwn plan fr cmpany. August 2000 t March 2002
Page 5 Hildebrandt Internatinal, Inc. Directr and Chief Executive Officer CEO f management cnsulting firm prviding financial, strategic and peratinal advice t prfessinal service firms wrldwide. Imprved and enhanced the firm s practice in the US, and expanded the firm s practice in the Eurpe and Asia. Ntable successes include: The simultaneus merger f several Eurpean law firms int a glbal law firm. Designed the strategic integratin plan fr five Canadian law firms wh had merged int a single natinal firm. Strategic advice t the cnsulting practices f three glbal accunting firms. Strategic management restructuring advice t a glbal architectural firm. Advised participants in mergers f a number f US law firms. Develped and advised law firms n the executin f pst-merger strategic and peratinal integratin plans Managed the disslutins f several majr law firms. Restructured peratins fr a number f majr law firms, including renegtiatin f leases, dwnsizing peratins, assessing and repsitin under perfrming business lines. March 1993 t August 2000
Page 6 Legal Practice Davis Graham & Stubbs Partner Specialized in inslvency and creditrs rights issues; member f the real estate, bankruptcy and crprate practice grups. Extensive experience in real estate, banking, mining, il & gas, pwer generatin and high tech industries. At the request f the firm s management cmmittee, develped and executed a plan fr restructuring and repsitining the firm in respnse t severe ecnmic pressures. January 1984 t December 1992 Teaching Experience University f Denver, Daniels Cllege f Business, Reiman Schl f Finance, Adjunct prfessr Strategic Finance Hildebrandt Institute, Instructr (develped and presented prgrams n prfessinal firm strategy develpment, mergers and ther current event tpics) 2003- t present 1996-2000 Stanfrd Law Schl, Instructr Negtiatin and Mediatin Spring, 1993 Affiliatins/Memberships Member f the Turnarund Management Assciatin (Frmer Directr f Clrad Chapter). Funding Fellw f The Redwd Think Tank (cmprised f selected industry leaders assembled t study and frmulate cgent slutins t significant prfessinal service firm management issues). 2002 t present 2005 t 2008 Member f the Natinal Assciatin f Crprate Directrs 2008 t present Fellw f the Cllege f Law Practice Management 1998 t present Member f the American Bankruptcy Institute 2008 t present Full Member f the Urban Land Institute; Cuncil Member f its Resrt Develpment Cuncil, Gld Flight Mediatr fr the Faculty f Federal Advcates Bankruptcy Mediatin Prgram 2009 t present 2009 t present Licenses Licensed (Inactive Status) t Practice law in Clrad. 1984 t present
Page 7 Other Interests and Experience In 2009 and at the request f the Mayrs f Denver and Lakewd, Clrad, undertk an active rle in directing the Metr Mayrs Caucus Task Frce reviewing the Reginal Transprtatin District s FasTrack (reginal light rail) prgram. At the request f the develper and ther cmmunity interests, undertk directr rles in a master prperty wners assciatin (with mre 1000 members) and a master cmmunity cmpany (with mre than 800 members) t assist with their integratin Cmpleted the intrductry, intensive and advanced mediatin prgrams at the Center fr Mediatin and Law, Marin Califrnia.