admin – DSI Civic https://dsicivic.com Financial Restructuring Mon, 22 Jun 2015 02:16:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.21 State of Ohio https://dsicivic.com/state-of-ohio/ Sun, 24 May 2015 19:41:52 +0000 http://dsicivic.com/?p=52 DSI was designated Replacement Management by the Ohio Attorney General and the Ohio Bureau of Workers’ Compensation (BWC) to wind down Capital Coin Fund I and Capital Coin Fund II and to recover $50 million invested in the coin funds on behalf of BWC.

The BWC appointed DSI to manage the two troubled coin funds, … Read more...

]]> DSI was designated Replacement Management by the Ohio Attorney General and the Ohio Bureau of Workers’ Compensation (BWC) to wind down Capital Coin Fund I and Capital Coin Fund II and to recover $50 million invested in the coin funds on behalf of BWC.

The BWC appointed DSI to manage the two troubled coin funds, … Read more...

]]> Educational Restructuring Veteran Paul Vallas Joins DSI Civic https://dsicivic.com/educational-restructuring-veteran-paul-vallas-joins-dsi-civic/ Sun, 24 May 2015 19:41:30 +0000 http://dsicivic.com/?p=50 Paul Vallas, a veteran of educational restructuring, joins DSI Civic Financial Restructuring, LLC
Former CEO of the Chicago Public Schools Brings 20 Years of Experience to Leading Management Consulting and Financial Advisory Services Firm

Click here to read the press release.
… Read more...

]]> Paul Vallas, a veteran of educational restructuring, joins DSI Civic Financial Restructuring, LLC
Former CEO of the Chicago Public Schools Brings 20 Years of Experience to Leading Management Consulting and Financial Advisory Services Firm

Click here to read the press release.
… Read more...

]]> State of New York https://dsicivic.com/state-of-new-york/ Thu, 14 May 2015 05:15:05 +0000 http://dsicivic.com/?p=469 DSI was named as Trustee of the Ebbers Asset Trust by the Comptroller of the State of New York and MCI/Verizon.

The trust became the vehicle used to wind down and dispose of all of Bernie Ebbers’ personal holdings, including a number of operating businesses as well as a significant amount of real estate and … Read more...

]]> DSI was named as Trustee of the Ebbers Asset Trust by the Comptroller of the State of New York and MCI/Verizon.

The trust became the vehicle used to wind down and dispose of all of Bernie Ebbers’ personal holdings, including a number of operating businesses as well as a significant amount of real estate and … Read more...

]]> City of Lauderdale Lakes https://dsicivic.com/city-of-lauderdale-lakes/ Tue, 12 May 2015 05:14:35 +0000 http://dsicivic.com/?p=467 The City of Lauderdale Lakes is in Broward County, Florida.  Many communities in Florida have experienced major losses in property tax revenues as a result of the severe reduction in property values since the 2007 recession.  Lauderdale Lakes’ property tax revenues have declined each year since 2007, and include a large percentage of non-paying parcels.  … Read more...

]]> The City of Lauderdale Lakes is in Broward County, Florida.  Many communities in Florida have experienced major losses in property tax revenues as a result of the severe reduction in property values since the 2007 recession.  Lauderdale Lakes’ property tax revenues have declined each year since 2007, and include a large percentage of non-paying parcels.  … Read more...

]]> City of San Francisco https://dsicivic.com/city-of-san-francisco/ Mon, 11 May 2015 05:13:56 +0000 http://dsicivic.com/?p=465 DSI was hired by the San Francisco City Attorney’s Office to evaluate the city’s claim against Pacific Gas & Electric for damages associated with a major power blackout.

  • City claims for damages against PG&E resulting from major power blackout
  • Negotiations and claims settlement

City departments prepared their claims to be submitted to PG&E.  DSI reviewed … Read more...

]]> DSI was hired by the San Francisco City Attorney’s Office to evaluate the city’s claim against Pacific Gas & Electric for damages associated with a major power blackout.

  • City claims for damages against PG&E resulting from major power blackout
  • Negotiations and claims settlement

City departments prepared their claims to be submitted to PG&E.  DSI reviewed … Read more...

]]> Near North National Group https://dsicivic.com/near-north-national-group/ Sat, 09 May 2015 05:12:50 +0000 http://dsicivic.com/?p=461 DSI was retained as the financial advisor to the Trustee of equity interests in insurance brokerage operations (Near North National Group) and other assets which were forfeited to the United States Government as part of a preliminary forfeiture order that was entered by the United States District Court.

DSI was then separately employed by Department … Read more...

]]> DSI was retained as the financial advisor to the Trustee of equity interests in insurance brokerage operations (Near North National Group) and other assets which were forfeited to the United States Government as part of a preliminary forfeiture order that was entered by the United States District Court.

DSI was then separately employed by Department … Read more...

]]> Watts Health Foundation Creditor Trust https://dsicivic.com/watts-health-foundation-creditor-trust/ Thu, 07 May 2015 05:11:12 +0000 http://dsicivic.com/?p=457 DSI is serving as the Trustee of this state law created Creditor Trust.

The Trust was formed by order of the Superior Court after the California Department of Managed Health Care sought and obtained the appointment of a conservator for the company in October 2001.

  • Chair of Creditors’ Committee in Chapter 11 of post-conservatorship debtor
… Read more... ]]> DSI is serving as the Trustee of this state law created Creditor Trust.

The Trust was formed by order of the Superior Court after the California Department of Managed Health Care sought and obtained the appointment of a conservator for the company in October 2001.

  • Chair of Creditors’ Committee in Chapter 11 of post-conservatorship debtor
… Read more... ]]> Hess Kennedy Entities https://dsicivic.com/hess-kennedy-entities/ Wed, 06 May 2015 05:10:34 +0000 http://dsicivic.com/?p=455 A member of DSI was appointed Receiver for the Hess Kennedy entities in connection with a matter commenced by the Florida Attorney General’s Office involving a number of law firms and related entities that allegedly provided over 90,000 consumers across the country with debt settlement and management services.

  • Generated and distributed in excess of $16.4
… Read more... ]]> A member of DSI was appointed Receiver for the Hess Kennedy entities in connection with a matter commenced by the Florida Attorney General’s Office involving a number of law firms and related entities that allegedly provided over 90,000 consumers across the country with debt settlement and management services.

  • Generated and distributed in excess of $16.4
… Read more... ]]> Victory Health Services https://dsicivic.com/victory-health-services/ Tue, 05 May 2015 05:09:48 +0000 http://dsicivic.com/?p=453 Victory Health Services and its affiliates were unable to attract the necessary capital to ensure their long term viability.

After a lengthy sale process, subject to a Consent Decree and Final Judgment, hospital operations and substantially all of the assets of the not for profit hospital owned by Victory Health Services were sold to CHS.  … Read more...

]]> Victory Health Services and its affiliates were unable to attract the necessary capital to ensure their long term viability.

After a lengthy sale process, subject to a Consent Decree and Final Judgment, hospital operations and substantially all of the assets of the not for profit hospital owned by Victory Health Services were sold to CHS.  … Read more...

]]> Delta Cablevision Systems https://dsicivic.com/delta-cablevision-systems/ Mon, 04 May 2015 05:09:16 +0000 http://dsicivic.com/?p=451 Delta Cablevision Systems of Kansas, Inc. was a purveyor of cable to rural areas in Kansas.

This operation, which included assets in Colorado, Kansas and Nebraska, was put into receivership by State Street Bank.  At that time, Bill Brandt was appointed as Federal Equity Receiver for Delta Cablevision Systems of Kansas, Inc.

  • Worked closely with
… Read more... ]]> Delta Cablevision Systems of Kansas, Inc. was a purveyor of cable to rural areas in Kansas.

This operation, which included assets in Colorado, Kansas and Nebraska, was put into receivership by State Street Bank.  At that time, Bill Brandt was appointed as Federal Equity Receiver for Delta Cablevision Systems of Kansas, Inc.

  • Worked closely with
… Read more... ]]>