Stephen Del Sesto
Stephen Del Sesto is a Rhode Island business attorney focusing on corporate restructuring, state and federal insolvency proceedings, creditors’ and debtors’ rights, civil business litigation and general corporate matters. In addition to his practice, Stephen currently serves as legal counsel to the Rhode Island Senate Committee on Finance and is Practitioner Faculty in Management (Business Law) at Providence College.
In his 16 years of practice, Stephen has regularly served as a court-appointed fiduciary for federal and state courts in Rhode Island and Massachusetts business disputes, fraud investigations and insolvency matters. He has advised varied kinds of businesses on issues related to all phases of formation, growth, and sale. Stephen also has a wide range of experience in areas such as creditors’ and debtors’ rights, commercial real estate transactions, commercial zoning and land use, business licensing, corporate lending, corporate workout, business litigation, and business litigation mediation. Stephen’s experience allows him to provide clients with strategic advice and business development input. His goal is to find the solutions that allow his clients’ businesses to avoid pitfalls and grow.
Stephen is often appointed by federal and state courts to provide oversight and guidance to struggling businesses or to investigate allegations of fraud. He also serves as general corporate counsel to a variety of small to medium sized businesses. For over 5 years, he provided legal counsel and direct oversight and management to the day-to-day operations of a large Rhode Island healthcare organization that was successfully brought out of receivership.
Stephen joined Donoghue Barrett & Singal as partner in 2014 and works in the firm’s office in Providence, Rhode Island.
Rhode Island Senate Committee on Finance, Legal Counsel (January 2016 – Present)
Providence College School of Business, Practitioner Faculty (September 2015 – Present)
Prior to joining Donoghue Barrett & Singal, Stephen was a partner at Shechtman Halperin Savage LLP in Pawtucket, Rhode Island.
Stephen also served as law clerk for the Honorable Maureen McKenna Goldberg, Associate Justice of the Rhode Island Supreme Court and the late Honorable Joseph R. Weisberger, Chief Justice of the Rhode Island Supreme Court. He was also clerk for Judge O. Rogeriee Thompson, former R.I. Superior Court Justice, who is now a federal judge on the United States Court of Appeals for the First Circuit.
Roger Williams University School of Law, J.D., 2000
Roger Williams University School of Law Moot Court
University of Rhode Island, B.A., 1995
Court / Bar Admissions
U.S. District Court for the District of Rhode Island
U.S. Bankruptcy Court
Massachusetts Federal Court
Insolvency and corporate restructuring; Receivership/Mastership; Assignment for the benefit of creditors; Creditors’ and debtors’ rights; Business litigation; Business mediation; Commercial real estate; Commercial zoning and land use; Commercial licensing; Corporate work out; Commercial lending; Contract negotiations; Corporate formation, joint ventures, affiliations, other business arrangements; Corporate governance; Mergers & acquisitions; Regulatory compliance; State & federal regulatory matters, including: Attorney General transactional reviews; Commercial construction and renovation projects; State and federal Transfer of Ownership filings (mergers, acquisitions, affiliations) for hospitals, nursing homes, clinics, ambulatory surgery centers, pharmacies, and ambulances
Privately-Held Corporations; Nonprofit Organizations; Professional Services (attorneys/CPAs, engineers, physicians); Banking; Construction
Massachusetts Bar Association
Rhode Island Bar Association
Turnaround Management Association (RI and MA Chapters)
R.I. Bar Association’s Debtors’ and Creditors’ Rights Committee
R.I. Bar Association’s Business Organizations Committee
Leadership Rhode Island, Lambda II class
Presentations & Publications
“Litigating Closely Held Business Disputes and the Application of Rhode Island’s Receivership Statute” R.I. Bar Association
“Strategic Alternatives for Distressed Businesses” Contributing Author
“Receivership, A Strategic Alternative for Municipalities”
Civic & Charitable Activities
Board of Directors, New Urban Arts
Board of Directors, East Providence Boys and Girls Club
- successfully guided and obtained two separate approvals of a for-profit hospital conversion in Rhode Island from the State Department of Health and Attorney General under the Rhode Island Hospital Conversion Act (the first approval obtained was the first ever in Rhode Island)
- successfully guided and obtained two separate approvals for a hospital change in control from a not-for-profit to a for-profit in Rhode Island from the State Department of Health under the Change of Effective Control Act
- provided legal counsel and provided oversight and management of the day-to-day operations of a large, acute care hospital in northern Rhode Island
- negotiated and drafted the terms of purchase for the proposed acquisition of a large acute care hospital in northern Rhode Island with six separate prospective purchasers
- negotiated, drafted and closed the sale of a large acute care hospital in northern Rhode Island (he sale was the first successful for-profit acquisition of a not-for-profit hospital in Rhode Island)
- successfully represented the Community Committee for the Town of Westerly, Rhode Island in connection with the Westerly Hospital Mastership proceeding and sale
Donoghue Barrett & Singal advises businesses experiencing financial and internal conflict and serve as court-appointed receiver for insolvent companies