Daily News: February 13, 2014

DBS Announced Del Sesto Joins as a Partner

Donoghue Barrett & Singal (DBS) announced that Stephen F. Del Sesto joined its Providence office as a partner. Del Sesto, who previously practiced at Shechtman Halperin Savage, officially joined DBS on February 10.

A member of the bar in Rhode Island and Massachusetts, Del Sesto specializes in corporate insolvency and restructuring, general corporate counsel, and business and civil litigation. He has more than a decade of experience managing high-profile receivership matters and insolvent businesses, creditors’ and debtors’ rights issues, commercial real estate transactions, commercial zoning and licensing, and commercial business transactions.

Jeffrey Chase-Lubitz, managing partner of the DBS Providence office, said, “We are thrilled that a lawyer of Steve’s stature is joining our team. His experience and presence in the community allows us to immediately broaden our services to existing and new clients in Rhode Island and Massachusetts. Having his recognized expertise at DBS is the first step of many to follow in a focused effort to grow our office in the coming months.”

Del Sesto said, “DBS provides an excellent platform for me to build on my areas of practice and, more importantly, develop additional corporate work. I intend to particularly focus on helping small- to medium-sized businesses with a wide range of legal services to assist in their continuing success and growth. I look forward to working closely with a highly talented group of lawyers who provide expert counsel and maintain the highest standards of integrity and professionalism.”

Well-known in Rhode Island business, government and legal circles, Del Sesto has been a business and insolvency attorney for nearly 15 years. He has more than nine years’ experience serving as a court-appointed fiduciary in Rhode Island and Massachusetts business disputes and business insolvencies, and experience with alternative dispute resolution and as a civil business litigation mediator.

For more than five years, he provided legal counsel and oversight for the day-to-day operations of the Landmark Medical Center, which was successfully brought out of receivership and purchased by Prime Healthcare Services last November.

Just recently, Del Sesto became a contributing author to “Strategic Alternatives for Distressed Businesses,” a two-volume desk reference set that provides a thorough overview of options available to distressed businesses, their creditors and other constituencies. His authorship focused on strategies and alternatives available for distressed businesses in Rhode Island, Massachusetts and Maine.

Del Sesto is a member of the Rhode Island Bar Association’s Debtors’ and Creditors’ Rights Committee, Business Organizations Committee and a liaison with the Accountants Committee. Del Sesto is also a founding member of the recently reestablished Rhode Island Chapter of the Turnaround Management Association.