DSI'S Role

Chief Restructuring Officer and Financial Advisor to Debtor

Services Provided

  • Board Advisory
  • Business Plan Analysis
  • Business Valuation
  • Claims Analysis and Distribution
  • Consensual Restructurings
  • Crisis and Interim Managment
  • D&O Liability
  • Financial Restructuring
  • Internal Fraud Review
  • Preference Analysis
  • Sale of Assets


Case Highlights

  • Management of a $300 million portfolio of merchant cash advances
  • Forensic investigation of company financial activities
  • Coordination of governmental authorities and other case stakeholders to maximize recoveries
  • CRO managed a Chapter 11 plan process with disparate parties to a successful conclusion
  • Post Confirmation - DSI continues to manage the estate and monetize assets and manage litigation

Case Narrative

1 Global Capital, LLC operates in the financial services industry, providing direct merchant cash advances (“MCAs”) to businesses across the United States. Through independent sales organizations, underwriters and other funding agents, 1 Global Capital offered a variety of fast and flexible financing options, specializing in MCAs and other unsecured, short-term commercial financing. 1 Global Capital has served businesses in a variety of industries, including automotive, construction, e-commerce, events, franchise, hospitality, healthcare, manufacturing, retail, restaurant/bar, spa/salon, and transportation.

After the SEC alleged possible securities law violations and the U.S. Attorney in the Southern District of Florida opened investigations, the company experienced a liquidity crisis and determined to modify its corporate governance structure by appointing a new independent manager and a CRO. Two members of DSI were appointed as the CRO and Deputy CRO to manage the business, plan and implement a strategy to maximize assets values, implement overhead reductions, all while in contact with and providing information to the SEC, U.S. Attorney and select state authorities who are conducting ongoing investigations.