UMB Bank successfully recovered five times the asset valuation of One Hundred 80 Degrees while avoiding formal liquidation through an Article 9 restructuring in a private sale format. Led by Second Wind Consultants, the restructuring process pre-packaged both the purchaser and the seller incentives necessary to secure cooperative, debtor consent to the secured party sale. This structure maximized lender recovery while preserving business continuity and jobs.

The transaction allowed Potion LLC, a subsidiary of Zodax, to integrate One Hundred 80 Degrees’ seasonal and giftware product lines into its existing portfolio, maintaining market presence while supporting ongoing employment. By resolving distressed assets through an Article 9 restructuring, judicial process was avoided, providing for an efficient resolution for the lender and borrower, while preserving the underlying business value of previously distressed assets.