Public Securities Expert David M. Sharp Joins UpShot Services LLC as Senior Global Securities Consultant

DENVER, July 28, 2014 /PRNewswire/ -- Claims and noticing firm UpShot Services LLC ("UpShot") hired David M. Sharp, a leading expert in administering Chapter 11 matters involving public securities holders, to serve as senior global securities consultant. In his new role, he will provide UpShot clients with expertise on voting, subscription and election mechanics for Chapter 11 cases with public securities holders - holders of public bonds and equities issued by public companies - as creditors.

"As one of our industry's leading experts in managing Chapter 11 administrative procedures involving public securities holders, David is an invaluable addition to our team," commented Travis Vandell, UpShot's CEO and co-founder. "We're delighted to be expanding upon the public securities services that we've been offering with a new level of expertise."

Based in New York, David has more than two decades of experience advising on restructuring transactions involving public securities held both domestically and internationally. He previously worked at Kurtzman Carson Consultants (KCC) as a director of securities; Epiq Systems as vice president of financial balloting; and at Innisfree M&A as a specialist in global voting issues. He has managed numerous domestic cases including Washington Mutual, Eastman Kodak, Lear Corp., as well as international cases such as Telewest PLC, UPC Corp and Northern Offshore.

"Within Chapter 11 proceedings, the process of reaching out to creditors who are public securities holders can be complicated by the fact that their securities are often held in the name of the broker, making them reachable only through third-party channels," Sharp commented. "By mapping out and following the necessary steps to communicate with these creditors, corporate restructuring professionals can avoid potential pitfalls and challenges." 

About UpShot Services LLC
Headquartered in Denver, Colo., UpShot Services LLC is a claims and noticing firm founded by industry veterans who pioneered a new standard of efficiency to serve the administrative needs of companies in corporate bankruptcy. UpShot helps debtors and their professionals navigate the intricacies of claims, noticing, balloting and other Chapter 11 milestones without the burden of high administrative costs. Its easy-to-use, scalable technology and industry expertise enable corporate debtors and their professionals to do more with less, with 24/7 support from experienced experts at every stage of corporate restructuring. 

SOURCE UpShot Services LLC