Michael Shakra practices commercial law with an emphasis on insolvency, restructuring, recapitalizations, private workouts, secured transactions and enforcement of debtor and creditor rights. He has significant experience in complex cross-border matters across a number of industries, including oil and gas, cannabis, construction, investment funds, retail and manufacturing. Michael also provides strategic and risk mitigation advice on corporate lending transactions.
Chambers Canada
"Michael Shakra is a rising star in the insolvency market. His practice exhibits strength in domestic and cross-border restructurings across a number of industries."
Prior to his call to the Bar, Michael spent time as a Short-Term Consultant with Debt Resolution and Business Exit Group of the International Finance Corporation and the World Bank Group in Washington D.C.
Michael's public mandates have included:
For Debtors: Sears Canada, Stoneway Capital Corporation; Calfrac Well Services; MPX International Corporation; FIGR Brands Inc.; Stone Investment Group; Bonavista Energy Corporation; Bumble Bee/Clover Leaf Seafoods; JWC Cannabis; PharmHouse Inc.; Muskoka Grown Inc.; Tervita Corporation; Payless ShoeSource Canada; BCBG Max Azria Canada Inc., Atlas Global Healthcare; Express Fashion Apparel Canada; Bondfield Construction Company; Coopers & Lybrand Chartered Accountants; and Coupgon Inc.
For Lenders / Bondholders: Jack Cooper Transport; Bellatrix Exploration; Connacher Oil and Gas; NCSG Crane & Heavy Haul; Entrec Corporation; U.S. Steel Canada Inc.; Natural Energy Systems Inc.; Stuart Olson Inc.; Concordia International Corp.; and Curative Cannabis.
For Estate Fiduciaries / Court Appointed Trustees and Monitors: Bridging Finance (Representative Counsel to Unitholders); Nortel Networks (counsel to UK Pension Claimants); Superette Inc.; Wayland Group; Golf Town Canada; and Payless ShoeSource Canada.
Bennett Jones