David Sieradzki, CPA, CA, CIRP is a Managing Director and Vice-President of KSV. David frequently deals with debtors, 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, film, retail, construction, automotive and technology industries, among others. David’s restructuring mandates include Discovery Air Inc., Hollander Sleep Products Canada Ltd., RB Energy Inc., Tricon Films & Television, Graceway Canada, Eddie Bauer, The Ravelston Corporation (the principal shareholder of the Hollinger Group), First Nickel Inc., CPI Corporation, Rink Partners, Blutip Technologies, Madill Equipment, Destinator Technologies, A&M Cookie, Integral Orthopedics (cba Obus Forme), Everest Colleges of Canada, St. Marys Paper, Waltec Forgings, Canadian Shipbuilding & Engineering, Pliant Corporation, Lear Canada 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 ORT (Toronto Chapter), and also chaired ORT’s Investment and Finance Committee. He is also a former member of the Board of Directors of The Turnaround Management Association (Toronto Chapter) and of Hillcrest Progressive School. David is an annual guest lecturer in the bankruptcy law class of Osgoode Hall and University of Toronto and has been a speaker at various insolvency conferences, including for Lexpert, CAIRP and Law Society of Upper Canada.
In 2018, David was admitted as a member to the Insolvency Institute of Canada, which recognizes Canada’s leading insolvency practitioners. David received his B.A., honors, from the Richard Ivey School of Business at The University of Western Ontario.