DMG Case Studies

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Richard G. Couch
Richard Couch
John L. Kirsten
John L. Kirsten
Deborah S. Kanner
Deborah Kanner
Michael J. Cronin
Michael J. Cronin
Matthew Couch
Matthew Couch
Sanford A. Knapp
Sanford A. Knapp
Gerard Keena
Gerard Keena
Luke Helm
Luke Helm

DMG Case Study — Nsite Software, Inc.

 
Industry: Technology
Business Description: Nsite Software, Inc. is a subscription-based, business process automation company.
Business Problem:

DMG assumed fiduciary responsibility with the set challenge to execute a pre-existing set of post-closure sales transaction requirements.

Richard Couch was appointed CEO and director.

DMG Focus:
  • Sell all assets
  • Resolve outstanding employee and creditor obligations
  • Handle all tax returns and other impending required federal and state forms
Results:
  • Closed company's original headquarters
  • Determined and paid all outstanding employee and general unsecured creditor claims
  • Issued a nominal distribution to the company's preferred shareholders
  • Completed all tax returns
  • Successfully closed the company's 401(k) program
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