DSI'S Role

Financial Advisor to Chapter 11 Trustee

Services Provided

  • Fraud Investigation
  • Fraudulent Conveyance
  • Preference Analysis
  • Wind Down Management


Case Highlights

  • Provided strategic advisory crisis management services to the Trustee
  • Provided logistical and administrative support in the disposition of firm assets
  • Conducted forensic analysis of firm’s financial activities in support of Trustee’s investigation

Case Narrative

Dreier, LLP was a prominent New York law firm comprised of more than 250 attorneys.  The firm maintained offices in Stamford, Pittsburgh, Albany, Los Angeles and Santa Monica. The principal and sole equity partner of the firm, Marc S. Dreier, was convicted of operating a massive Ponzi-type scheme that sold fictitious notes to well-known hedge and private equity funds.

DSI was appointed as Financial Advisor to the Chapter 11 Trustee in the bankruptcy case.  This role involved providing support to the Trustee by preparing the statement of financial affairs and schedules, monthly reporting, cash management and budgeting, as well as providing all necessary administrative and logistical support in the wind down of the law firm and the liquidation of its assets.  DSI has supported the Trustee’s investigation through forensic analysis of the debtor’s financial activities in order to prepare actions to avoid preferential and fraudulent transfers and to prosecute other claims and causes of action.