Al Hutchens, is a managing director with Alvarez & Marsal Canada. He is in his ninth year with the firm and is based in A&M’s Toronto office. With more than 20 years of turnaround and restructuring experience, Mr Hutchens has advised a broad range of clients, including corporate boards and management, lending syndicates and secured creditors. He brings extensive experience in the review and development of business plans and financial projections; assessment of restructuring alternatives; analysis of debt capacity; and the negotiation of credit, inter-lender, and purchase and sale agreements. Mr Hutchens has assisted clients across a broad range of industries, including retail, construction, mining, financial services, manufacturing and automotive. Recent assignments include serving as: financial advisor to Toys “R” Us Canada in connection with its CCAA proceedings, financial advisor to the ABL and term DIP lenders to Sears Canada, CCAA monitor of HB White Canada (construction), CCAA information officer of Payless Shoes and Modular Space Holdings, CCAA monitor of Express Canada (retail), CCAA monitor of Target Canada, CCAA monitor of Arctic Glacier and interim chief financial officer of Extreme Fitness (prior to and during its CCAA proceedings). Mr Hutchens holds a bachelor’s degree in commerce from the University of Ottawa. He is a chartered professional accountant (CA,CPA), chartered insolvency and restructuring professional (CIRP), and a licensed insolvency trustee (LIT). Mr Hutchens is a member of the Insolvency Institute of Canada (IIC), Canadian Association of Insolvency and Restructuring Professionals (CAIRP), and the Turnaround Management Association (TMA).