A. Farber & Partners - Respectful Solutions to Debt Problems

Michael Baigel

Michael Baigel, FCA (UK),
FIPA, CIRP
Direct:  416-496-3691
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Click for Vcard

Michael Baigel is a Senior Manager with Farber FInancial Group.  His practice focuses on on corporate reorganization and insolvency.

Michael joined Farber Financial Group in early 2004.  Prior to coming to our firm, Michael worked at a Toronto-based global accounting firm, which he joined after emigrating from the United Kingdom (UK) in 2000. At that firm, he was responsible for managing a number of diverse projects, including CCAA (Companies’ Creditors Arrangement Act) arrangements, interim receiverships, court-appointed receiverships and bankruptcy appointments, along with investigations into the financial viability of companies.

Prior to coming to Canada, Michael practiced at the UK's largest independent corporate recovery and insolvency firm. Some of his more remarkable UK work was that of instigating turnaround procedures to restructure the finances of a professional rugby team and a semi-professional soccer team. He obtained his insolvency license in 1996 while working at a premier insolvency boutique and spent a large part of his training doing insolvency work due to the UK’s recession in the early 1990s.

He has extensive corporate recovery and restructuring experience in the heavy manufacturing and retail sectors, and provides insolvency services and reorganization advice to lenders and company officers. He is also experienced in personal insolvency matters and has a unique understanding that owners and founders of small to mid-size businesses find valuable.

Some of his notable assignments include: the divestiture of an under-performing software company, which operated globally as four separate legal entities requiring insolvency procedures in Canada, UK and the Mediterranean; the operation, restructuring and sale of a chain of electronic retail stores in four provinces; the sale of a chain of gas stations across Ontario and Nova Scotia; the restructuring and sale of the viable core of a cross-border chain of women’s retail clothing stores in Canada and the US; the proposal and liquidation sale of a US-owned chain of video stores that operated across Canada; and, the bankruptcy and receivership of a farm-equipment manufacturer resulting from a patent breach, which concluded with a sale enabling all jobs to be retained and a satisfactory return to creditors.

Michael became a Canadian Trustee in Bankruptcy in 2005, and scored the highest mark in the national examinations. In 2003, Michael prepared and presented a commercial case study to the largest Insolvency industry conference held throughout Canada. Michael has prepared assignments and examinations for Trustees in Bankruptcy in Canada; and, in 2010 he was a peer reviewer of the Insolvency Counsellor’s Qualification Course.

Michael is a Director of the Balmoral Homeowners Association, a member of the steering committee of The Speakers Action Group, and a member of the Canadian Jewish Political Affairs Committee.

His only regret about moving to Canada was relinquishing his Manchester United season tickets.