Case Studies « Development Specialists, Inc.

Marshal and assess Aerion intellectual property and computer systems
Organize a plan and strategy to offer Aerion hard assets and intellectual property for sale
Work with partners and staff domestically and internationally to sequester and validate information and intellectual property

Private equity-backed developer of autonomous vehicles and enabling technology
Review the asset purchase agreement to address the subsequent filing of the assignment for the benefit of creditors following the closing of the sale of assets to the buyer
Recovered remaining holdback of purchase price from buyer as reflected in the asset purchase agreement
Significant time spent negotiating with various creditors who alleged issues by the company in a failed pre-assignment SPAC transaction

Liquidation of large inventory of women’s clothing through Chancery Court overseen sale process
Sale included trademark and copyright interests
Liquidation retired all unpaid state sales tax claims