This is where Delaware Shareholder Services adds value. Delaware Shareholder Services was founded in 2010 to facilitate transparency in the bankruptcy process. Since then, we have grown to include many services for our clients. We can be found inside the courtroom, tweeting to shareholders around the world on a minute by minute basis, so shareholders are informed and can choose to make investment decisions on a real time basis.We are the only courier service that can take a shareholders uploaded document and guarantee delivery within 30 minutes, if the deadline requires that. The Court works with us to allow emailed objections and letters, something no other firm can do. A courtesy copy of the filing goes to the US Trustee’s office, as well. Clients get an email upon delivery, so they can be assured that the delivery has occurred and can watch the docket for their objection to be reflected. In addition, we now function as a liaison between shareholders and legal counsel, helping foreign shareholders in particular, to find an attorney and be present at those meetings, saving shareholders thousands in costs, while providing them with yet another opportunity to participate.
How did you decide to start Delaware Shareholder Services?
What do you enjoy most working for yourself?
That’s easy! My business would hardly exist at all without it! When I first started going to the hearings and reporting from them, I took notes on a yellow legal pad and would then post the information, blog style, in the evening. The tweeting gives the shareholder immediate information, and conversely, allows them to ask me questions or to request information from the attorneys in the courtroom. Of course, the ability to electronically sign objections allows my clients to upload those documents to me and have them accepted by the Court. Lastly, I utilize Skype to chat with non-American shareholders.