If you are a creditor, shareholder or litigant with an asset at risk, we can provide an effective alternative to bankruptcy or make a necessary bankruptcy less damaging. Through turnaround management and court-appointed receivership, Amicus Management can preserve maximum value for all assets—even intangibles like goodwill—and negotiate through turmoil within the business while minimizing impact on the community.
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Here is a link to a Detroit News article about the possibility that property Amicus manages in Monroe County may become part of a rezoning package to allow for manufacturing and warehouse and distribution operations on 175 acres to rejuvenate an area where retail is struggling.
Amicus Management Inc., court-appointed receiver of the Monroe Factory Shops, has solicited bids to demolish two of the mall’s three buildings to pave the way for potential light industrial use. Marc Berry, project director for Amicus Management, said retail tenants in the buildings marked for demolition have been invited to move to the 34,000-square-foot third building at the southernmost tip of the 22-acre triangular parcel. Amicus Management has begun marketing the property for $1.1 million.
