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DVI, Inc.

The firm served as counsel to the examiner appointed in this chapter 11 case in Delaware bankruptcy court. The debtors in DVI were specialty finance companies that extended loans and financing. Prior to bankruptcy, the DVI group issued billions of dollars worth of such asset-based securities. With the assistance and counsel of the firm, the examiner conducted a comprehensive investigation into the debtors’ business and accounting practices; allegations of fraud, mismanagement, and misconduct by the debtors’ management; and potential claims against former and/or current directors and officers. This investigation spanned several months. It entailed the review and analysis of complex issues and a voluminous evidentiary record, as well as coordination and cooperation with various governmental agencies, including the U.S. Attorneys’ Office and the Securities and Exchange Commission, culminating in the preparation and submission of a comprehensive examiner’s report, detailing an assortment of improper or suspect activities.