David Sieradzki, CPA, CA, CIRP is a Managing Director and Vice-President of KSV. David frequently deals with debtor companies, secured creditors and other stakeholders in the context of formal and informal insolvency proceedings. He has been involved in numerous restructuring proceedings under the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act, and has significant experience in cross-border mandates under the United States Code. He has acted as consultant, receiver/manager, monitor and information officer in various matters.
David also has significant experience in solvent company wind-up proceedings under the Canada Business Corporations Act and the Ontario Business Corporations Act, including acting as Court-appointed liquidator in the wind-up proceedings of Legumex Walker Inc. and Diversinet Corporation.
David is routinely engaged to perform viability assessments on distressed businesses. He has been involved with businesses in the forestry, retail, construction, automotive and technology industries, among others. David’s restructuring mandates include RB Energy, Graceway Canada, Eddie Bauer, The Ravelston Corporation (the principal shareholder of the Hollinger Group), First Nickel Inc., CPI Corporation, Madill Equipment, Destinator Technologies, A&M Cookie, Integral Orthopedics (cba Obus Forme), Everest Colleges of Canada, St. Marys Paper, Waltec Forgings, Canadian Shipbuilding & Engineering and Huffy Sports Canada.
David is a Chartered Accountant, Licensed Insolvency Trustee and a Chartered Insolvency and Restructuring Professional. He is a former member of The Board of Directors of The Turnaround Management Association (Toronto Chapter) and of the Board of Hillcrest Progressive School. David is an annual guest lecturer in the bankruptcy law class of Osgoode Hall and University of Toronto.
David received his B.A., honors, from the Richard Ivey School of Business at The University of Western Ontario.