Mr. Shoup has been a member of DSI’s professional staff in Chicago since 1994. He has assisted the DSI teams of professionals in various roles in some of its most complex restructuring and insolvency proceedings throughout the country. Mr. Shoup has focused on the successful implementation of the restructuring process and has acted as replacement management for companies in assignments for the benefit of creditors, federal and state court receivership, consensual workout arrangements and in bankruptcy cases. Mr. Shoup has specific expertise in negotiating asset sales, cash flow forecasting and budgeting, liquidation analyses, avoidance analyses and similar modeling.
Mr. Shoup was successful in turning around the operations of a shuttered Canadian subsidiary of an US-based grass seed processor and distributor and effectuated the sale of the business as a going concern. The sale proceeds resulted in the Canadian creditors to be paid in full and a substantial recovery to the parent company. He has also had principal involvement with engagement teams in several law firm insolvencies, including Coudert Brothers, Arter & Hadden, Altheimer & Gray and Keck, Mahin & Cate. Currently, Mr. Shoup serves as financial advisor to the Trustee of Michael Segal’s interests in his insurance brokerage empire, Near North National Group and related affiliates and subsidiaries, after these assets, along with $30 million, were forfeited to the federal government in a criminal proceeding.
Prior to joining DSI, Mr. Shoup was employed by Sedgwick Noble Lowndes as a Defined Contribution Analyst and administered various types of employee benefit plans. He is a graduate of Saint Joseph’s University in Philadelphia, Pennsylvania, where he earned his Bachelor’s Degree in Finance.
