Why not visiting?

My business is in distress. What’s my next move?

Your goal

You’ve come to a point where ‘business as usual’ is no longer an option. It is unclear what your next move should be or just how you’re going to make it through the next payment cycle, let alone see the next quarter. What’s your next step? How will you manage this crisis?

When it comes to a business in distress, as tempting as it may be to ignore, the problem won’t fix itself.

Whether the solution calls for an informal restructuring or an assignment in bankruptcy, a formal restructuring under the Companies’ Creditors Arrangement Act, or a proposal under the Bankruptcy and Insolvency Act, we get to know the business and its challenges, and help put things into perspective. We assess and identify the options and guide you to the optimal solution in an objective and professional manner.

 

How we can help

We grasp the seriousness of your situation and try to resolve it in the most beneficial and least disruptive way. This may involve raising new capital, disposition of surplus assets, negotiations with secured and unsecured creditors, unions or other important stakeholders. Our professionals regularly appear before the courts in connection with and in support of restructuring proceedings. As court officers, we act objectively through all facets of the restructuring. Our team can assist with:

  • Cash flow
  • Liquidity crisis
  • Crisis management
  • Devising, implementing communication programs
  • Assistance in dealing with various stakeholders.

Our professionals have handled some of the most complex restructurings in Canada. No matter the situation, there is a solution. We’re here to help you find it.

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Meet our experts

The people behind the expertise.
Daniel Tannenbaum

Daniel Tannenbaum

CPA, CA, CTP
No matter how complex a situation, Daniel always brings a rational and innovative approach, delivered with a balanced and confident demeanor.
Howard Gross

Howard Gross

CPA, CA, CBV
Howard is an innovator, whose expertise and perceptiveness make him exceptional at what he does.
Morrie Rutman

Morrie Rutman

CPA
Morrie works closely with companies, their lenders and other stakeholders, in assessing the feasibility of strategic plans, ranging from turnaround scenarios to capital expenditure programs.
Gilles Benchaya

Gilles Benchaya

CPA, CA, CIRP, LIT, CTP
Gilles has focused on the retail, consumer goods, distribution and service sectors for the past 20 years.
Eric Barbieri

Eric Barbieri

CPA, CA, CTP, CIRP, LIT
Eric is a seasoned advisory professional with 20 years of experience in transaction advisory and corporate reorganizations.
Karen Kimel

Karen Kimel

MACC, CA, CPA, CPA (IL), CIRP, LIT
When executive teams and lenders need a strategic and insightful mind, they turn to Karen Kimel.
Adam Sherman

Adam Sherman

MBA, CIRP, LIT
A skillful  assessor of business plans, financial projections, cash flow forecasts and turnaround plans, Adam brings a well-rounded and hands-on approach to his clients.
Benoît Gingues

Benoît Gingues

CPA, CA, CIRP, LIT
With more than 25 years’ experience advising organizations facing financial difficulties or special issues, Benoît has the expertise and open-mindedness required to handle complex issues.
Andrew Adessky

Andrew Adessky

CPA, CA, MBA, CIRP, LIT
Andrew works closely with management, secured creditors, creditors’ committees and other professionals in addressing complex financial restructuring issues.
Alana Geller

Alana Geller

CBV, CFF
As a trusted advisor to families, businesses and professionals for nearly 15 years, Alana has a remarkable ability to work successfully in all situations.
Olivier Benchaya

Olivier Benchaya

CPA, CA, CIRP, LIT
With over 15 years’ experience, Olivier Benchaya is a partner in the Restructuring and Insolvency group of Richter.
Gilles Robillard

Gilles Robillard

CPA, CA, CIRP, LIT
With more than 30 years of experience as an advisor, Gilles has seen the business community evolve greatly.
Meet more experts