Michael Stewart is "fantastic", remark peers. He provides specialist advice to corporations and stakeholders and has worked as a court-appointed receiver on numerous cases.
Michael Stewart is a managing director at Alvarez & Marsal Canada ULC, with over 20 years of experience in providing restructuring advice to corporations and their stakeholders across a broad spectrum of industries. Prior to joining A&M, Mr Stewart spent six years as a managing director at CIBC Capital Markets in Toronto where he was the head of recapitalisation and restructuring and six years at Jefferies & Company as a senior vice-president in New York City, where he gained significant transaction experience in both Canada and the US on advising debtors and creditors in all aspects of corporate restructurings ranging from CBCA debt recapitalisation and exchange offers to CCAA and Chapter 11 restructurings.
Some of his notable transactions have included acting as financial advisor to Performance Sports Group Ltd in its concurrent Chapter 11 and CCAA proceedings, acting as financial advisor to North American Palladium, in its CBCA debt recapitalisation; financial advisor to Great Basin Gold, in its concurrent CCAA and Chapter 11 proceedings; financial advisor to GasFrac, in its CCAA SISP process; financial advisor to Compton Petroleum, in its CBCA debt recapitalisation; financial advisor to CNOOC in its acquisition of Opti Canada, pursuant to a CCAA filing; financial advisor to certain creditors of Abitibi-Bowater, in its concurrent CCAA and Chapter 11 proceedings; and financial advisor to certain creditors of Quebecor World, in its concurrent CCAA and Chapter 11 proceedings.
Mr Stewart earned a bachelor’s degree in commerce with distinction from the University of Toronto. He is a chartered accountant, chartered insolvency and restructuring professional, and became a licensed insolvency trustee in 2003.