Plutos Sama, LLC Announces Acquisition of the Hunoval Law Firm

IRVINE, Calif.-(BUSINESS WIRE)-Plutos Sama, LLC is expanding its list of law firm holdings in the first quarter of 2017 as it enters into binding negotiations for the acquisition of The Hunoval Law Firm, a law firm offering default services for its clients in North & South Carolina and Virginia. The Hunoval acquisition is in line with Plutos Sama’s controlled expansion plans. “We are excited about this acquisition that will amplify the comprehensive legal service offerings to our clients on a larger geographic scale,” said Matthew C. Browndorf, CEO of Plutos Sama. “Of greater interest was the quality and professionalism that the Hunoval staff will add to our firm,” Mr. Browndorf adds.

Plutos Sama is a vertically integrated holding company centered around real estate. It operates a panoptic view of counter-cyclical business from origination to default of real estate based lending and equity positions. Plutos Sama derives its success from its entrepreneurial leadership and vertically integrated portfolio companies that share resources among each other to match economies of scale.

Merger of Equals

The BP Law Group family is currently comprised of BP Fisher and BP Peterman. Plutos Sama plans to merge The Hunoval Law Firm into the BP Law Group fold under the name BP Hunoval Law Group. This merger of equals creates a broader geographic presence, heightened responsiveness and enhanced legal expertise to better serve clients’ needs, all through an enterprisewide shared technology platform, CaseAware. In sum, clients of BP will benefit tremendously from a stronger, united BP family. Plutos Samas’ strategic vision has always been to scale quality with actual growth to maximize the experience and capitalize on opportunities for our clients.

Mr. Browndorf continues, “Hunoval first got on our radar screen with its profile on innovative process management analytics in the March 2014 ABA Journal. BP Law Group and Hunoval share a similar culture and vision for the future of default servicing. With the Hunoval acquisition, we will be able to increase our geographic footprint, creating synergies of scale with a firm that enhances the BP Law Group’s focus on delivering unparalleled quality of service to our clients. It is a win-win for us, for Hunoval, and most importantly, for our clients.”

Matt Hunoval, founder of the Hunoval Law Firm, adds, “We are truly thrilled to be entering into the BP Law family. To thrive in an environment in which overall business has declined precipitously (off 80% since the fall of 2010), while the regulatory / compliance burden continues to increase the only solution is consolidation with deeper capitalization, long-term financial and operational stability and a footprint that is not 1, 2, or 3 states — but a multiple of that. As a member of the North Carolina Banking Commission, I’ve seen the number of state-chartered banks go from some 125 pre-housing crisis to around 50 today. The point: to survive & thrive, you must have economies of scale, the right cultural fit, and be capitalized to meet market demands. The forward-thinking vision and management philosophy of Matt Browndorf, his team, and the BP Law Group make an ideal fit for my firm. This is truly a case where 1+1= 3.”

The Hunoval acquisition is expected to close in the second quarter of 2017.

About Plutos Sama, LLC

Plutos Sama, LLC was founded by lawyers from top U.S. law firms with a deep history in global transactions, mergers and acquisitions, distressed assets and civil litigation. Plutos Sama delivers value by providing more than fractional legal advice, it provides comprehensive solutions in multiple sectors and markets.

About BP Law Group

BP Fisher Law Group, LLP is an “AV” rated law firm providing representation to servicers, financial institutions and private investors in connection with their commercial and residential mortgage portfolios. The firm handles foreclosure, bankruptcy, eviction, seller representation for REO sales, loss mitigation, and litigation.

BP Peterman Law Group, LLC provides a full range of default management services to its mortgage banking and mortgage servicing clients throughout most of the United States. The Firm has been active in the industry since the 1990’s and continues to provide its clients with default services including: foreclosure, bankruptcy, eviction, loss mitigation, mediation and litigation. BP Peterman is experienced with FNMA, FHLMC and other GSE loan types; likewise, its staff is trained and experienced to handle a multitude of other file types referred via loan originators and loan servicers.

Contacts
Plutos Sama, LLC
Danny Kim
dkim@plutossama.com

Plutos Sama, LLC Closes Peterman Acquisition and Expands Throughout the Midwest

IRVINE, Calif.(BUSINESS WIRE)Plutos Sama, LLC announced today that it has completed the acquisition of J Peterman Legal Group, LLC (“JPLG”), a law firm in Wisconsin with offices in Illinois and Indiana, increasing the Firms Midwest presence after entering into its final agreements on September 16, 2016.“This acquisition enhances our legal service offerings by adding tremendous talent to our pool of attorneys at BP Law,“

“This acquisition enhances our legal service offerings by adding tremendous talent to our pool of attorneys at BP Law,“ stated Matthew C. Browndorf, CEO of Plutos Sama, LLC. “One of the exceptional additions we have begun to utilize is Benjamin J. Pliskie, who we named Chief Operations Officer of Default Operations companywide, who has extensive experience in matters related to real estate law and speaks the language of the default industry.”

BP Law Group, LLP was the first default law firm that settled under the Plutos Sama umbrella in 2013. In 2015, Plutos Sama acquired The Fisher Law Group, a default law firm in Maryland and District of Columbia, expanding BP’s coverage in the MidAtlantic. The JPLG acquisition will amplify BP’s presence in the Midwest.

JPLG will rebrand itself as “BP Peterman Law Group, LLC.” Alongside BP Fisher Law Group, LLP, the firms will become part of the BP Law Group family. “We are excited about joining Plutos Sama,” stated James M. Peterman, Member of JPLG, “This acquisition will provide us with the support needed to further develop and increase our caseloads. Equally important, under BP Law, we can expand our Illinois and Indiana portfolios and strengthen our presence in the Midwest.”
With an active pursuit for another acquisition in the Eastern region, BP Law is aiming to service all judicial states.

Plutos Sama, LLC

Plutos Sama, LLC was founded by lawyers from top U.S. law firms with a deep history in global transactions, mergers and acquisitions, distressed assets and civil litigation. Plutos Sama delivers value by providing more than fractional legal advice, it provides comprehensive solutions in multiple sectors and markets.

BP Fisher Law Group, LLP

BP Fisher Law Group, LLP is an “AV” rated law firm providing representation to servicers, financial institutions and private investors in connection with their commercial and residential mortgage portfolios. The firm handles foreclosure, bankruptcy, eviction, seller representation for REO sales, loss mitigation, and litigation.

Contacts

Media:
Plutos Sama, LLC
Danny Kim
dkim@plutossama.com

Plutos Sama, LLC Closes Peterman Acquisition And Expands Throughout The Midwest

Irvine, Calif. – (October 28, 2016) – Plutos Sama, LLC announced today that it has completed the acquisition of J Peterman Legal Group, LLC, a default law firm practicing in Wisconsin with satellite offices in Illinois and Indiana, and it has already started to make its presence stronger in the Midwest. Plutos Sama and J Peterman Legal Group entered into its final agreements on September 16, 2016.

 “The acquisition of J Peterman Legal Group enhances our legal service offerings by adding tremendous talent to our pool of attorneys at BP Law Group, LLP“, stated Matthew C. Browndorf, CEO of Plutos Sama, LLC. “One of the many exceptional additions to this pool of talent we have already begun to utilize is Benjamin J. Pliskie, who we have named as Chief Operating Officer of Default Operations company-wide. Mr. Pliskie has extensive experience in handling matters related to real estate law as an attorney and speaks the language of the default industry.”

BP Law Group, LLP was the first creditors’ rights law firm that settled under the Plutos Sama umbrella in 2013. Later, in June of 2015, Plutos Sama closed its acquisition of The Fisher Law Group, a default law firm in Maryland and the District of Columbia. The BP-Fisher merger was able to expand the Plutos Sama portfolio into the Mid-Atlantic. The addition of J Peterman Legal Group will amplify BP’s presence in the Midwest.

J Peterman Legal Group will rebrand itself as “BP Peterman Law Group, LLC.” Alongside the Maryland-based BP Fisher Law Group, LLP, the firms will become part of the BP Law Group family. “We are really excited about joining Plutos Sama”, stated James M. Peterman, Member of the J Peterman Legal Group LLC, “This acquisition will provide us with the support needed to further develop and increase our Wisconsin caseload. Equally important, with the Firm being included into the BP Group, we can now expand our Illinois and Indiana portfolios and strengthen our presence in the Midwest Region.”

With an active pursuit for another acquisition in the Eastern region, BP Law Group is aiming to eventually service all of the judicial states.

Plutos Sama, LLC

Formed in 2012, Plutos Sama, LLC was founded by U.S. national and international lawyers from top U.S. law firms with deep history in global transactions, commercial, business and intellectual property litigation, administrative law, arbitration matters, international trade disputes, regulatory matters, corporate finance, banking, reinsurance and insurance coverage and defense, mergers and acquisitions, structured finance, real estate holdings, distressed assets, manufacturing, immigration and natural resources. Realized through years of practice was that clients need more than just fractioned legal advice, they needed comprehensive business solutions. Plutos Sama provides businesses value in the form of being a one-stop-shop for financing, technical expertise and business advice in multiple sectors and market environments.  For more information please visit http://plutossama.com/

BP Fisher Law Group, LLP

BP Fisher Law Group, LLP is an “AV” rated law firm providing representation to servicers, banks, financial institutions and private investors in connection with the resolution of their delinquent secured commercial and residential real estate mortgage portfolios. The firm handles foreclosure, bankruptcy, eviction, seller representation for REO outsales and loss mitigation, as well as litigation. Both Fannie Mae and Freddie Mac have entered into Limited Retention Agreements with the firm for Maryland and the District of Columbia.  It is of the utmost importance to treat all people with whom the firm interacts, including ourselves, our clients, debtors, borrowers and court officials with courtesy, dignity and respect.  For more information please visit http://first-legal.com/

Mohit Agarwal Joins Plutos Sama, LLC As Chief Risk And Strategy Officier, And Managing Director Of Distressed Capital Management, LLC

IRVINE, California – Plutos Sama, LLC, a global legal services and asset management firm, announces that Mohit Agarwal has joined the Firm as its Chief Strategy Officer and Chief Risk Officer, and Managing Director of Distressed Capital Management, LLC (DCM), the Firm’s asset management arm. Agarwal will work at the Firm’s Irvine office and will report to Matthew Browndorf, Chief Executive Officer of Plutos Sama and Chief Investment Officer of DCM. As part of the Firm’s controlled expansion plans, Agarwal will join the Firm’s Domestic, and Central and Eastern European Operations Groups.

Agarwal garnered his experience at global financial institutions, such as JP Morgan, UBS, and Deutsche Bank. He has handled complex financing initiatives, including rebuilding a cash-structured products business, and devising new business within the prime brokerage, emerging markets debt, and asset financing divisions.

“With more than 15 years of broad structured credit experience against a diverse array of asset classes, Mr. Agarwal brings critical expertise and depth of knowledge necessary to best serve our current and future clients as Plutos Sama grows and expands,” said Mr. Browndorf.
Agarwal earned his Bachelor of Arts and Master of Engineering degrees in Information Engineering from Trinity College, University of Cambridge, where he was a Senior Scholar.

Plutos Sama, LLC

Plutos Sama, LLC, and its subsidiary, DCM, provide a range of vertically integrated global services that include asset investment, management, finance, and foreclosure in the real estate, corporate and contract law, and civil loss prevention sectors. Plutos Sama operates in 15 states across the United States; London, England; Cologne, Germany; and Wroclaw, Poland.

Distressed Capital Management, LLC (DCM)

DCM is an asset manager whose focus areas include real estate development, securitization, as well as performing and nonperforming commercial and residential real estate loans (NPLs). Comprised of top talent and dedicated management, DCM’s team has exemplified the use of vertical integration model by cross-utilizing Plutos Sama’s holdings with Wilson Keadjian Browndorf and BP Fisher Law Group LLP’s services, which has resulted in over $30b USD in securitizations. Founded in June of 2012, DCM maintains its headquarters in Irvine, California and has operations in Luxembourg and Poland.

Principals In Los Angeles Law Firm, Shaub & Williams Join Irvine-Based Wilson Keadjian Browndorf, LLP

LOS ANGELES – Attorneys David R. Shaub, Leslie Williams, and Lisbeth Bosshart Merrill have joined the law firm of Wilson Keadjian Browndorf, LLP (WKB), a bicoastal, full-service white shoe firm. This move will expand the firm’s practice areas in patent litigation, intellectual property, and international business. Shaub will remain in the West Los Angeles office as WKB’s Managing Partner, and Williams and Merrill will work at the Firm’s flagship Irvine, California office. Williams will be a Corporate Transactions partner, while Merrill will head up the Firm’s Commercial Litigation Department.

David Shaub, whose primary interest lies in complex litigation and intellectual property protection, founded Shaub & Williams, LLP, in 1984. Leslie Williams, who later came onboard, specialized in European Union and transactional law, and was subsequently joined by Lisbeth Bosshart Merrill, whose practice areas include business litigation and transactions, international commercial arbitration, and intellectual property law with an emphasis on intellectual property litigation.

According to WKB Managing Partner Matthew Browndorf, the firm seeks to bring attorneys together who have extensive capabilities and a broad sphere of influence in the business communities from which they draw their clients.
“The Shaub & Williams team will add a dimension to WKB that focuses on the specialized legal areas that we are looking to expand, based upon client demand,” says Browndorf.

WKB has offices in New York, New Jersey, Pennsylvania, Maryland, Washington DC, Illinois, Indiana, Wisconsin, Arizona, Nevada, Cologne, Germany (non-affiliate office); and London, England, with over 30 attorneys specializing in a comprehensive array of legal matters. They range from administrative law, to commercial litigation, intellectual property, information technology, real estate, structured products, and private equity.

Resolution Capital Management, SA Follows the NPL Market to Eastern Europe

Irvine, Calif. – (May 4, 2016) Resolution Capital Management, SA, a joint venture between Distressed Capital Management, LLC and Residential Mortgage Solution, LLC, is a child borne from the two California based asset managers. RCM is the next step for the two, as they bring their focus to the distressed residential non-performing loan markets in Central and Eastern Europe.

“We were excited when DCM approached us with this auspicious partnership. They saw value in my team’s long history and experience in valuing assets from the bottom up,” said Jack Getzelman, President of RMS. “Fusing RMS’s command on valuations and M3 technology on one hand, and DCM’s deep understanding of securitization and foreclosure on the other, gives RCM the muscles to take on the Central and Eastern European market.”

The decision to start its operations in Poland was made back in March 2015, after more than a year of research and due diligence by DCM for the best country to enter into in 2016. The research focused on three main driving points: foreclosure timelines, the value of the assets, and ‘time to sale’ statistics. The results surprisingly placed Poland at the top, with Romania and Hungary following as close seconds. While the rest of the players followed the obvious plays in Italy, because of its 10 year backlogs, RCM skipped over the herds that were stuck in Spain and Italy and became the first to access the Polish market a year before anyone else.

“Our initiative was to understand not what the market is today, but what it would be two years from now,” says Matthew Browndorf, Chief Investment Officer, “expending our resources to do independent research unearthed maiden territory. It is now proving its worth as we are currently closing our first two trades of the year.”

Last week, RCM secured its lease for its offices in Wroclaw, Poland and made some aggressive executive hirings to manage its operations across the Atlantic.

 

Resolution Capital Management, SA

Resolution Capital Management, SA is a Polish company formed in 2015 as a joint venture by Residential Mortgage Solution, LLC and Distressed Capital Management, LLC to take advantage of investment opportunities in distressed home loans securing Central and Eastern European. RCM is managed by Jack Getzelman and Matthew Browndorf, each a Co-President, as a true partnership of their companies. For more information please visit http://rescapmanagement.com/

 

Distressed Capital Management, LLC

Distressed Capital Management, LLC (“DCM”) is an emerging asset manager focused on real estate development, securitization and performing and nonperforming commercial and residential real estate loans (“NPLs”). DCM boasts top talent with a management team responsible for over $30b USD in securitizations and best exemplifies the vertical integration of Plutos Sama’s holdings in its cross-utilization of services with Wilson Keadjian Browndorf, LLP and BP Fisher Law Group, LLP. For more information please visit http://www.distressedcapital.com/

 

Residential Mortgage Solution, LLC

Residential Mortgage Solution, LLC is an asset manager that offers a turn-key solution for Servicer Surveillance to oversee and manage sub and non-performing residential mortgage assets. They also provide REO Asset Management services to ensure that REO portfolio owners receive timely, decision-quality analysis for effective liquidation strategies in real time.

RMS’ skilled oversight team is enabled by its revolutionary, web-based search and analysis engine called Mortgage Market Management, or M3. RMS utilizes its sizable advantage with M3 to mitigate loss, enhance loan portfolio performance and protect the value of its customers REO portfolio. For more information please visit http://www.residentialms.com/

The Plutos Sama Family of Companies Approves Peterman Acquisition

Irvine, Calif. – (May 4, 2016) Plutos Sama is seeking to add to its list of law firm holdings in the 2nd Quarter of 2016 as it has entered into negotiations for the acquisition of the J Peterman Legal Group Ltd., a law firm based out of Wisconsin and with satellite offices in Illinois and Indiana. The go ahead for the Peterman acquisition comes as no surprise, as Plutos Sama has continued to make aggressive moves in increasing its holdings.

“We are really excited about joining Plutos Sama”, stated James M. Peterman, President of J Peterman Legal Group Ltd., “This acquisition will provide us with the support needed to further develop and increase our Wisconsin caseload. Equally important, with the Firm being included into the BP Group, we can now expand our Illinois and Indiana portfolios and strengthen our presence in the Midwest Region.”

BP Law Group, LLP was the first creditor creditors’ rights law firm that settled under the Plutos Sama umbrella in 2013. Later, in June of 2015, Plutos Sama closed its acquisition of The Fisher Law Group, a default law firm in Maryland and the District of Columbia. With an already strong base in the Western region, the BP Fisher merger was able to expand the Plutos Sama portfolio into the Mid-Atlantic.

“Our acquisition strategy developed organically based on the unexpected growth of our law firms and our asset management company,” said Matthew C. Browndorf, founder and chairman of Plutos Sama, referencing Distressed Capital Management, LLC. “We are looking for one more acquisition in the Eastern region,” Browndorf announced last Friday, “with one last acquisition, it will ensure that we can service all of the judicial states.”

With the Peterman acquisition and the anticipated “BP Peterman” remodeling, coupled with an active pursuit for an acquisition in New York or New Jersey, Plutos Sama is clearly set on laying the foundation for a solid presence across the nation.

  

BP Fisher Law Group, LLP

BP Fisher Law Group, LLP is an “AV” rated law firm providing representation to servicers, banks, financial institutions and private investors in connection with the resolution of their delinquent secured commercial and residential real estate mortgage portfolios. The firm handles foreclosure, bankruptcy, eviction, seller representation for REO outsales and loss mitigation, as well as litigation. Both Fannie Mae and Freddie Mac have entered into Limited Retention Agreements with the firm for Maryland and the District of Columbia.  It is of the utmost importance to treat all people with whom the firm interacts, including ourselves, our clients, debtors, borrowers and court officials with courtesy, dignity and respect.  For more information please visit http://first-legal.com/

 

J Peterman Legal Group Ltd.

J Peterman Legal Group Ltd. provides a full range of default management services to its mortgage banking and mortgage servicing clients throughout the States of Wisconsin, Illinois, and Indiana. The Firm has been active in the industry since the 1990’s and continues to provide its clients with default services including: foreclosure, bankruptcy, eviction, loss mitigation, mediation and litigation. JPLG is experienced with FNMA, FHLMC and other GSE loan types; likewise, its staff is trained and experienced to handle a multitude of other file types referred via loan originators and loan servicers. Although J Peterman Legal Group Ltd. has specifically incorporated a high level of technology into its legal practice, it also recognizes that a personalized team approach is also equally vital to providing excellent legal services.  For more information please visit http://jpetermanlegalgroup.com/

Matthew C. Browndorf and Jennifer Wilson-Harvey Unwind Affiliation

IRVINE, Calif.–(October 14, 2015)– Matthew C. Browndorf , the principal of Plutos Sama, LLC and Jennifer Wilson-Harvey, the principal of Wilson & Associates, PLLC, announce that as of October 1, 2015 they have formalized a transaction dissolving their affiliation and unwinding their minority ownership interests in Wilson & Associates, PLLC, and Wilson Harvey Browndorf, LLP and BP Law Group, LLP, respectively.

BP Law Group, LLP, founded in 2011 by Matthew C. Browndorf, a former Bryan Cave, LLP attorney, is a nationwide law firm dedicated to the liquidation of asset backed loans, nonperforming commercial and residential loans, mortgages and deeds of trust, and other real estate finance instruments. BP Law Group clients are owners of large portfolios of distressed commercial and residential real estate, who seek a one-stop solution to liquidate and monetize their portfolios.

Wilson & Associates, a law firm headquartered in Little Rock, Arkansas, with offices throughout Arkansas and Tennessee was founded in 1978 by the late Robby Wilson (1952 – 2012) to focus on the needs of banks and mortgage servicers. Jennifer Wilson-Harvey is the Managing Member of Wilson & Associates.

Wilson Harvey Browndorf, LLP, founded in 2013, is a white shoe, full-service law firm whose model is in line with the AM LAW 100 law firms. Its partners are former partners, counsel and associates from the largest U.S. law firms such as Bryan Cave, LLP, O’Melveny & Myers, LLP, White & Case, LLP, Thacher Proffit & Wood, LLP, Buchanan Ingersoll, P.C., Edwards Angell, LLP, Sullivan & Cromwell, LLP. They also hail from Ivy League law schools and top colleges such as Loyola and Columbia, and various schools from the University of California.

As a result of the unwinding announced today, neither Matthew C. Browndorf nor his holding company, Plutos Sama, LLC, has any ownership interest in Wilson & Associates, PLLC and Jennifer Wilson-Harvey has no ownership interest in BP Law Group, LLP and Wilson Harvey Browndorf, LLP. Due to the departure of Jennifer Wilson-Harvey from Wilson Harvey Browndorf, LLP, the firm will be changing its name and is pleased to announce it will continue to provide its clients exceptional legal services under the new name Wilson Keadjian Browndorf, LLP.

About PLUTOS SAMA, LLC: Plutos Sama is a vertically integrated holding company, providing its clients with the legal resources needed to develop across a variety of sectors, asset classes and regions around the globe. The value add came in the form of being a one-stop-shop for our clients. Financing, technical expertise and business advice in countercyclical environments were necessary to add to business and increased partnerships. This is why we provide Plutos Sama. To learn more, please visit www.plutossama.com.

BP Law Group Network Continues to Grow with Purchase of East Coast Fisher Law Group, PLLC

IRVINE, Calif. – June 24, 2015 – Plutos Sama, LLC announced today that it has completed the acquisition of The Fisher Law Group, PLLC, a default law firm practicing in Maryland and the District of Columbia. Plutos Sama is a vertically integrated holding company, providing its clients with the legal resources needed to develop across a variety of sectors, asset classes and regions around the globe. Included among its holdings are BP Law Group, LLP, a creditors’ rights law firm with a network of offices throughout the country, and Wilson & Associates, PLLC, a foreclosure law firm primarily serving Arkansas and Tennessee. The acquisition further solidifies Plutos Sama’s representation in more than 18 states and jurisdictions with a focus on performing and nonperforming loans.

“The addition of The Fisher Law Group to the Plutos Sama portfolio will result in an increase of projected revenue from $54 million to $64 million on a consolidated basis, and positions our company for further growth in the distressed asset market,” said Plutos Sama’s founder and chairman Matthew Browndorf.  “The acquisition of The Fisher Law Group will augment the comprehensive legal service offerings to our clients on a national scale. Plutos Sama’s success is derived from a strategic model which delivers new revenue streams based on the company’s entrepreneurial leadership, vertically integrated portfolio companies and shared resources among its portfolio of companies.”

During the next quarter, Plutos Sama plans to merge The Fisher Law Group into BP Law Group, LLP under the name BP Fisher Law Group, LLP. The combined entity will conduct or manage residential foreclosure and bankruptcy matters in 18 states and the District of Columbia.

New Leadership Team to Tap into Expansive Expertise of Fisher Law Group

Jeffrey Fisher, founder of The Fisher Law Group, will remain with the firm and serve as the executive vice president of business development of the combined entities.  The Fisher Law Group, founded in 1998, by Fisher is an “AV” rated law firm and concentrates its practice in representing banks and mortgage loan servicers respecting foreclosure and related default services.

“When I met Matt, I was immediately impressed with his vision and drive,” said Fisher. “I am happy to allow him to grow our firm to the next level following my years of stewardship. We have identified core competencies that are complementary which will make the whole greater than the sum of the parts for the future BP Fisher Law, LLP.”

Martin Goldberg, who has been with The Fisher Law Group for eighteen years, will serve as lead attorney of the Maryland office. He will manage and oversee the operations of FLG, working closely with the operations team in Irvine, Calif.  The law firm’s subsidiary title company, FLG Title LLC, will be included in this transaction at such time as appropriate licenses are issued and agency contracts are executed.

 

Civil Demand Associates, Inc. Announces Janice McCort Vice President of Business Development

IRVINE, Calif.–()–Civil Demand Associates, Inc. (CDA), today announced the appointment of Janice McCort as vice president of business development. McCort brings decades of experience in retail loss prevention to the nation’s oldest, most established civil recovery firm. The announcement comes on the heels of CDA’s recent acquisition by Irvine, California-based BP Law Group, LLP in February 2015. By expanding CDA’s executive leadership and, now with access to BP Law Group’s extensive network and resources, CDA will expand its reach in the retail sector and enhance solutions and services for its clients.

A seasoned loss prevention professional, McCort brings a respected background in civil recovery and retail executive management to the company. She has held high-level positions within multiple May Department Store divisions including: Hecht’s, O’Neil’s, May-Ohio, May-CA and Robinson’s-May. Most recently, she served as a loss prevention and risk management consultant for specialty retailers and independent retail contractors. Prior to that, McCort spent five years heading up business development for a civil recovery firm.

“Civil Demand Associates is honored to bring Janice McCort on board,” said Frank Luciano, CDA’s president and chief executive officer. “With more than 30 years of experience in loss prevention, Janice’s proven knowledge and demonstrated ability to foster client-partners closely aligns with CDA’s vision of expanding its reach and offering of superior services to an even broader segment of retailers in need of support and expertise in civil recovery matters.”

Expanded Executive Team Fosters CDA Growth, Client Service Offerings

McCort will join CDA’s leadership in the further development of programs and solutions to reach new clients, bringing the company’s dedicated focus and stellar reputation in civil recovery practices and collection services to a wider audience. CDA, a pioneer in its industry, was formed in 1987 to help retailers effectively and affordably recover loss from theft while helping to deter shoplifting and employee dishonesty. The company has continued to pave the way and achieve numerous milestones in the industry. CDA was the first to specialize in retail theft cases, accept electronic transmission, offer online case management, offer automated court restitution collections and demand point.

“BP Law Group, LLP acquired CDA based on its strong reputation in the civil recovery industry,” said Matthew Browndorf, founder and chairman of Plutos Sama, parent company of BP Law Group, LLP and its subsidiary CDA. “Our ability to strengthen Civil Demand Associates through shared resources, applying our legal and compliance expertise poises this company for tremendous growth.”

As a subsidiary of BP Law Group, LLP, CDA will now have the network and power to fulfill its industry demands. In addition to an extended team of attorneys and legal professionals, CDA will have access to a call center and a more cost-effective ability to achieve compliance standards critical the loss prevention industry.

About Civil Demand Associates, Inc.Formed in 1987, Civil Demand Associates is the nation’s oldest, most established civil recovery firm. As a pioneer and first in the field of civil demand and restitution, the company has achieved numerous industry milestones. CDA was the first to specialize in retail theft cases, accept electronic transmission, offer online case management, offer automated court restitution collections and demand point. In addition, they are the first to offer civil collections on vendor fraud and employee procurement, collections on external cases, court ordered restitution, promissory note collection(s) on dishonest employee cases, and automated the letter generation process. In February 2015, CDA became part of Irvine, Calif.-based BP Law Group, LLP as a wholly owned subsidiary. For more information, visit www.civildemand.net or www.bplawgroup.com. To learn more about CDA’s parent company Plutos Sama, LLC and to see its corporate portfolio, visit: http://www.plutossama.com/.