Deryck Helkaa is a senior managing director in the turnaround and restructuring practice. He has more than 20 years of experience providing transaction and restructuring advisory services to companies and their stakeholders, including representing creditors, lenders, shareholders, management and boards of directors in both formal and out-of-court restructurings and cross-border cases. Mr Helkaa has industry experience in oil and gas, including companies operating in exploration and production, midstream and oilfield services sectors.
Mr Helkaa has been involved with various clients including public and private companies, and lender groups, with many of his assignments involving international operations, including many cross-border cases.
In regards to his financial advisory work, Mr Helkaa served as the financial advisor to the noteholders of a large Calgary-based oil and gas producer with its operations based in India and Asia; and to a first lien syndicate of a heavy oil producer in Western Canada with over $800 million in debt. He also advised a bondholders’ syndicate of a large, public exploration and production company with operations in Western Canada; and represented the first lien holders in Connacher Oil and Gas’ Canada Business Corporations Act restructuring.
Mr Helkaa holds a BA in economics from the University of Western Ontario. He is a licensed trustee in bankruptcy; a chartered insolvency and restructuring professional; and a chartered professional accountant. He is a member of the Canadian Association of Insolvency and Restructuring Professionals, the Insolvency Institute of Canada and the Turnaround Management Association (TMA). He is a past president of the TMA’s Northwest chapter, which included Alberta, British Columbia, Washington and Oregon.