Andrew Adessky

CPA, CA, MBA, CIRP, LIT

Partner

Contact

Phone: 514.934.3513
Address: 1981 McGill College, 11th Floor
Montréal, QC H3A 0G6

Services:

Insolvency & Restructuring, Consulting Services

Andrew Adessky has over 20 years of financial advisory, insolvency consulting, cross-border restructuring, crisis management and forensic investigations and litigation support experience. Having led numerous large cases, served as a Licensed Insolvency Trustee, and represented diverse constituents, he is well-versed in bankruptcy and insolvency restructuring, as well as financial reorganization and workouts.

As a partner in the firm’s Consulting division and of Richter Consulting Inc., Andrew works closely with management, secured creditors, creditors’ committees and other professionals in addressing debtor in possession financing and numerous other bankruptcy-related issues. In addition to having played a critical role in managing and coordinating various transactions, ranging from the sale of specific business units to the sale of underlying business assets, he has also been involved in many important investigative and litigation support assignments addressing the misappropriation of funds, negligence, and auditor liability.

 

Fields of expertise

  • Bankruptcy and insolvency  restructuring
  • Financial reorganization
  • Misappropriation of funds
  • Negligence
  • Auditor liability

Industries

  • Manufacturing
  • Food & beverage
  • Retail
  • Transportation
  • Construction

Professional affiliations and community involvement

  • Member of the American Bankruptcy Institute, since 2007
  • Member of the Association of Insolvency and Restructuring Advisors (AIRA), since 2006

Academic background

  • Licensed Insolvency Trustee (Ontario), 2012
  • Licensed Insolvency Trustee (Quebec), 1995
  • Chartered Insolvency and Restructuring Professional (CIRP),1992
  • M.B.A., Chicago University, 1986
  • Chartered Professional Accountant (CPA, CA),1985
  • Graduate Diploma in Public Accountancy, McGill University, 1983
  • B.Com., McGill University, 1982

Publications recognition

  • Quoted in an article by André Dubuc. “Pharmetics de Laval fait faillite,” La Presse (Website). March 2018
  • Speaker. Annual Review of Insolvency Law (ARIL). February 2018
  • Quoted in an article by Gilbert Leduc. “Souris Mini fermera huit boutiques,” Le Soleil (Website). January 2018
  • Quoted in an article. “Tragédie de Lac-Mégantic : où sont certains dossiers d’indemnisation?,” Radio-Canada (Website). March 2017
  • Speaker. Annual Review of Insolvency Law (ARIL). February 2017
  • Speaker. “Cross-Border Speaker Program”, American Bankruptcy Institute (ABI). November 2016
  • Speaker. “Conférence sur la restructuration, l’insolvabilité et le redressement financier”, L’Institut Canadien. November 2016
  • Quoted in an article by Giuseppe Valiante. “Lac-Mégantic : le recours collectif vise maintenant la MMA et le conducteur,” La Presse (Website). October 2016
  • Quoted in an article by Giuseppe Valiante. “Driver and owner of train in Lac-Mégantic disaster added to class action lawsuit,” CBC (Website). October 2016
  • Quoted in an article by Giuseppe Valiante. “About 400 people contesting payment from Lac-Megantic settlement fund,” CTV News (Website). April 2016
  • Quoted in an article. “Lac-Mégantic : environ 400 personnes contestent le montant d’indemnisation reçu,” Radio-Canada (Website). April 2016
  • Speaker. Annual Review of Insolvency Law (ARIL). February 2016
  • Quoted in an article. “Lac-Mégantic : un survivant dénonce le processus de répartition des indemnités,” Radio-Canada (Website). January 2016
  • Quoted in an article by Eric Atkins. “Compensation should flow soon to Lac-Mégantic victims,” The Globe and Mail (Website). October 2015
  • Quoted in an article by Eric Atkins. “CP Rail denies responsibility in Lac-Mégantic tragedy,” The Globe and Mail (Website). June 2015
  • Quoted in an article by Carl Marchand. “Lac-Mégantic : le plan d’indemnisation adopté à l’unanimité,” Radio-Canada (Website). June 2015
  • Quoted in an article by Allan Woods. “$77M settlement proposed for families of Lac-Mégantic victims,” The Star (Website). April 2015
  • Panelist. Risk Management Association – Toronto Chapter (RMA). February 2015
  • Speaker. “Conférence sur la Restructuration, Insolvabilité & Faillite,” L’Institut Canadien.    September 2014
  • Speaker. Canadian Association of Insolvency and Restructuring Professionals (CAIRP) Annual Conference. August 2014
  • Quoted in an article by Daniel McHardie. “Atcon overstated revenue by $35.4M before loan guarantees,” CBC News (Website). December  2012
  • Quoted in an article by Murray McNeill. “Final pension payouts finally flow,” Winnipeg Free Press, p. B3. January  2006.
  • Quoted in an article by Linda Gyulai. “Time runs out for smart-meter firm: Company developing electronic parking machines files for bankruptcy after new financing falls through,” The Gazette, p. A5. May 1999.
  • Quoted in an article by Jean-Paul Soulié. “Les employés de Perrette ignorent ce qui les attend,” La Presse, p. C3. June 1994.
  • Quoted in an article by Jeff Heinrich. “Trustees investigate permit sold by Aerocar on eve of bankruptcy; Buyer was daughter of firm's president,” The Gazette, p. F4. December 1991.
  • Quoted in an article by Lisa Binsse. “Les éléments d'actif du groupe Aérocar Murray Hill vendus par appel d'offres,” La Presse, p. B10. November 1991.