Development Specialists, Inc.

🌟 Session Spotlight 🌟 💼 State Court Receiverships, Changes in Attitude, Changes in Latitude 📅 Thursday, October 9 | ⏰ 8:15 AM - 9:15 AM Presented by Ira Bodenstein, Stephen Donell, Allen Guon, and Daniel Stermer This panel will explore: the benefits of having a commercial real estate receivership act and the experiences of both a receiver and a state court judge in a state that has adopted UCERA; the view and experiences of a receiver on why UCERA is not needed in a state that has not adopted UCERA; and the view and experiences of a practitioner in spearheading an effort to have a state adopt a receivership statute that is a variation of UCERA. As the use of state court receiverships expands around the country, the panel will provide attendees with useful information on whether UCERA or a UCERA like statute is right for their home states. Join us for this session and more at NAFER's 2025 Annual Conference, October 7-10 at Ocean Reef Club in Key Largo, FL! For more information or to register, visit https://lnkd.in/eXHaCKtw #Receivership #FederalEquityReceivers #UCERA #CommercialRealEstate #UniformLawsCommission #ProfessionalGrowth #PanelDiscussion #LegalEducation #ContinuingEducation #NAFER2025 | Cozen O'Connor | FedReceiver, Inc. | Development Specialists, Inc.

DSI is proud to announce that Steve Victor has been recognized as a Crain's Chicago Business 2025 Notable Leader in Finance. This honor recognizes senior leaders in the Chicago area who make meaningful contributions to their practice and community. This honor highlights Steven’s leadership, restructuring expertise, and outstanding contributions to the financial industry. Congrats Steve! For full details on the award, please visit: https://lnkd.in/gDJRRrkG #crainsnotables

I want to thank Paul Musser and the TMA Chicago/Midwest Chapter for inviting me to participate in the podcast. We had a lot of fun. I can talk about ABCs and myself all day, luckily, they only gave me 30 minutes. I hope you enjoy our discussion. 0:00: Intro 1:05: What led Steve to insolvency & restructuring 2:30: Bankruptcy’s evolution 3:45: Handling cases with empathy 5:04: Overview of Development Specialist, Inc. 6:54: Pros & Cons of ABCs 8:55: In-Court vs. Out-of-Court ABCs 10:56: Cost Advantages of ABCs 12:25: Fewer parties involved in ABCs 14:20: Potential downsides to ABCs 16:26: Delaware & Jurisdictions where ABCs are popular 18:22: ABCs in Illinois? 19:53: Is the trend in ABCs the move from family business to venture capital? 22:04: ABCs as a discreet part of a larger process 23:21: Steve and DSI’s involvement in TMA 25:12: Steve’s role as editor of the ABC’s of ABC’s 26:43: The importance of writing 28:16: The importance of committee work & networking 30:30: Conclusion

Avison Young, Fisher Auction To Lead Court-Appointed Receivership Sale Of Condominium Complex https://lnkd.in/gDwv8PtT Your go-to for local business news. Follow citybiz South Florida Avison Young Fisher Auction Company Daniel Stermer Development Specialists, Inc. John K. Crotty, CCIM David Duckworth Michael T. Fay Philip Shapiro Lamar P. Fisher, CAI, AARE Francis Santos Paul Fisher

I am pleased to share this quarter's newsletters for the ABI Financial Advisors and Investment Banking Committee by two outstanding contributors. First, Michelle Salazar-Rosenblum provides us with her observations on managing estate funds in her article The Evolving Complexity of Managing Estate Funds and Distributions in a Global Economy. Then, Tod McDonald of Valid8 Financial tells us how forensic accountants can use AI in bankruptcy proceedings. You can find both of the articles at https://lnkd.in/eHhVkCr9. Thank you Michelle and Tod for the valuable insight.

Please join the DSI team at the 41st AIRA-Association of Insolvency & Restructuring Advisors Bankruptcy & Restructuring Conference. Bradley Sharp and Nicholas Troszak will be speaking. Brad will join Jessica Kenney Bonteque, Joshua Mester, Joshua Morse, and Hon. Madeleine Wanslee in a panel addressing the legal and financial considerations in preparing, supporting, and ultimately confirming (or defeating confirmation) of a Chapter 11 plan. Nick will join Lovee Sarenas, Kyra Andrassy, Scott Garner, and Elissa D. Miller in a panel exploring developments and case studies in ethical responsibilities of legal and accounting professionals. To see the full agenda for the event: https://lnkd.in/g7VvQ4cY

DSI is thrilled to announce the addition of Jim Trankina as a Sr. Managing Director in the Chicago office. Jim brings over two decades of extensive experience in corporate finance, restructuring, and transaction advisory, strengthening DSI’s ability to maximize value for our clients across industries. Read more about Jim: https://lnkd.in/gsaeGbaW

Please join Nicholas Troszak at the American Bankruptcy Institute Spring Meeting panel discussion "Bad Debtors and Vexatious Litigants: How the Code, the Rules and the Courts Can and Can’t Help" on Friday, April 25, 2025 at 11:15 am ET. Nick will join Christina Sanfelippo, Hon. Hannah L. Blumenstiel, and Brittany Falabella in a panel discussing the utility of Rule 2005 and sanctions. For more on the event, please visit: https://abiasm.org/agenda

DSI invites you to compete in our 2025 March Madness Bracket Challenge and claim the title of top basketball predictor in the turnaround and restructuring industry! If interested in joining the free pool, message us, and we will share the full registration info. 📅 Submission Deadline: Thursday, March 20, 2025 at 12:15 pm ET 🏆 Top three brackets will receive prizes! ✉️ Weekly email update, highlighting leaderboard

Please join Joseph Luzinski at The Florida Bar's panel discussion on Insolvency Options for Florida Businesses on March 12, 2025 at 12:00 pm ET. This CLE is designed to provide lawyers with the tools to analyze insolvency options for Florida businesses. This course will review various insolvency options, including Assignments for the Benefit of Creditors, Receiverships, and Bankruptcy. Practical considerations will also be discussed from the perspective of a financial advisor. Access to the webinar will be available for 90 days after the event. Learn more: https://lnkd.in/gBCDmYNF