Richter > Business advisory, crisis management & restructuring

Business advisory, crisis management & restructuring

Every organization is faced with challenges that can make them vulnerable to crises. When a potential risk becomes a real risk, a company and its stakeholders, with varying motivations and interests, often need to navigate a complex web of decisions. It’s a delicate process that requires clear and objective decision-making by a brand that is trusted in the marketplace.

A crisis is an unexpected and disruptive event that financially impacts not only a company but its stakeholders, including its board of directors, lenders, suppliers and employees, among others. Situations can range from readily identifiable risks such as the loss of a major customer or the impact of litigation, to unforeseen risks such as the impact of global market events or changes in regulations.

Richter has 90+ years of trusted experience in responding to virtually every type of situation. Designing strategies to deal with a sudden and significant event is our expertise. Richter works side by side with companies and stakeholders to assist them in preparing for potential drastic changes in business, helping them navigate the road ahead.

We’ve applied our decades of experience and a tailored, proven process to lead companies through some of Canada’s most significant crisis events and restructurings.

Whatever business challenge or crisis you are facing, we’re in it together. And together, we’ll create the solution.  Scenarios that Richter has assisted in include:

  • Acting as a restructuring advisor to a company and/or a board of directors in their discussions with lenders or other key stakeholders
  • Acting as Monitor, Trustee or Receiver in formal, court-supervised restructurings
  • Advising lenders and working with companies on implementing out-of-court restructuring initiatives
  • Performing in-depth financial analyses, including cash flow modeling, short- and long-term business plans, to guide companies and their stakeholders to the right solution
  • Acting as an objective third party in a shareholder dispute and leading the parties to a solution that benefits the company and its stakeholders
  • Advising regulatory authorities in their investigation and compliance functions, or supporting and advising companies being investigated by regulatory authorities
  • Helping companies and boards understand of directors understand their preparedness for a crisis event and helping them design strategies and responses in the event that such a crisis was to unfold
  • Leading sales and/or investor solicitation processes for companies looking to divest of non-core assets
  • Advising strategics, private equity and hedge funds on distressed M&A
  • Acting as an expert witness

Meet our experts

The people behind the expertise.

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.

Bradley Zrihen

CPA
Dedicated and committed to his client’s needs, detail oriented while able to maintain a clear view of the bigger picture, Bradley Zrihen has a flexible and creative approach to his work.

Daniel Tannenbaum

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

Eric Barbieri

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

Gilles Benchaya

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

Howard Gross

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

Julien Finucan

CPA, CA, CTA, CFE
Thoughtful and calm, Julien applies his expertise and resourceful thinking to complex engagements.

Matthew Goldsmith

CPA, CFE
Matthew Goldsmith’s approach to work is action-oriented, responsive and attentive. He is absolutely committed to the success of his clients. Something of a human-Swiss Army Knife, he is extremely versatile and is able to demonstrate strong leadership and intimate knowledge of his mandates.

Michael Prinsky

CPA, CA
A natural born leader, Michael Prinsky is dedicated to his clients and ensures each mandate is lead with expertise and diligence. Michael specializes in developing and assessing business plans, financial projections, cash flow forecasts, financial modeling and restructuring strategies.

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.

Paul van Eyk

CPA, CA-IFA, CIRP, LIT, Fellow of INSOL
Paul takes a fair and dedicated approach to helping his clients with their complex business challenges, while always trying to find the positive side of any issue.

Warren Levine

MBA, CA
When Warren Levine undertakes a project for a client, you can be sure that he will do everything possible to optimize that project’s results. He has a collaborative nature and outstanding listening skills, both of which contribute to his well-earned reputation as a stellar team player. He puts his clients first, likes to work hard, and can be relied on to deliver a high quality product on time, every time.

Duncan Lau

CPA, CMA, CIRP
Duncan Lau knows when to listen and when to take it to the limit. He’s laser-focused when it comes to getting the most for his clients. He does this by applying his genuine passion for his profession to all projects and mandates.

Katherine Forbes

CPA, CA, CPA (Illinois), CIRP, LIT
Calm, cool and collected, Katherine gets the job done, leads by example, and does an outstanding job of encouraging and supporting team members.

Pritesh Patel

MBA, CFA, CIRP, LIT
Patient, logical and perennially cheerful, Pritesh is a guy you can really rely on. He is totally results-oriented and stakeholders quickly find that his methodically-composed, detail-oriented solutions are second-to-none. Pritesh is a problem solver extraordinaire, but he is also a man who knows that the best way to a solution is to employ heartfelt, fact-based diplomacy.

Raymond Massi

CPA, CA, CIRP, ICD.D, LIT
Raymond Massi is a progressive traditionalist with broad business knowledge. He blends his 40 plus years of experience with his grasp of today’s fast evolving business environment and relates easily to the multi-generational mix of individuals that currently operate within today's business community.

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.

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.

Gilles Robillard

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

Mirella Pisciuneri

CPA, CA
Mirella Pisciuneri is an excellent example of “what you see is what you get”. She is result-oriented and an authentic leader.
Meet more experts

A holistic approach

focused on you

Whether for business or personal; with one challenge or our full suite of services, Richter’s approach is always strategic, insightful and all-encompassing. Guided by our values and rooted in trust, we’ve helped clients thrive for over 90 years.