Michelle Grant

Partner, PwC Canada

Turnaround and Corporate Restructuring Specialist

Media

Raising capital in times of distress

Canadian Mining Journal, May 11, 2016Print

This article explores two primary methods for raising capital in times of financial distress, releasing cash through operational initiatives or through divestments.

2017 looks to be a good year for mining deals: EY report

Canadian Manufacturing, March 7, 2017Online

URL: http://www.canadianmanufacturing.com/sales-and-marketing/after-a-strong-2016-2017-looks-to-be-a-good-year-for-mining-deals-ey-reports-187113/

I'm quoted several times in this article about EY's M&A trends and outlook report.

Miners face ‘production cliff’ but new investments throttled by cycle of uncertainty

Financial Post, March 6, 2017Online

URL: http://business.financialpost.com/news/mining/miners-face-production-cliff-but-new-investments-throttled-by-cycle-of-uncertainty

I was interviewed by Sunny Freeman for this article.

Big gold miners see muted M&A as bullion's rise limits bargains

Reuters, September 23, 2016Online

URL: http://www.reuters.com/article/us-mining-denver-m-a-idUSKCN11R2JL

I was interviewed by Nicole Mordant for this article.

Canada’s junior mining sector unearthing new prospects

With a brighter end to 2016, 2017 is full of potential

Canadian Mining Journal, April 11, 2017Online

URL: http://www.canadianminingjournal.com/digital-archives/

The article provides a summary of EY's report on mining and metals global M&A and capital raising trends for 2016 and the outlook for 2017

Is that My Receivable?

by Michelle Grant, Vicki Tickle and Lance Williams

Published by Annual Review of Insolvency Law

February 10, 2017

This paper explores the issues of set-off and constructive trust claims from both a practical and legal perspective, concluding with some key takeaways to make sure that secured creditors, unsecured creditors and debtors aren’t caught in a situation where they have to ask “is that my receivable?”

Having Jumped Off the Cliffs, When Liquidating Why Choose CCAA over Receivership (or vice versa)?

by Michelle Grant and Tevia R M Jeffries

Published by Annual Review of Insolvency Law

February 14, 2014

This paper presents a practical perspective on the factors that insolvency practitioners should consider when recommending that an insolvent company seek CCAA relief to liquidate assets as opposed to other restructuring or liquidation options. Section II of the paper sets out some background, historical trends and definitions as context for the analysis therein. Section III examines the key factors that should be considered. Section IV discusses how these key factors impact a court's decision regarding whether to grant CCAA relief where a debtor company intends from the beginning to liquidate its assets. Section V concludes the paper.

Biography

Michelle Grant is a Partner with PwC’s Deals practice. Her practice specialty is corporate advisory and restructuring. Grant has more than 17 years of experience providing insolvency, restructuring advisory and distressed mergers and acquisitions services. Her engagements have included turnaround advisory, viability assessments, business reviews and other informal mandates. She has also acted as CCAA monitor, information officer, receiver and trustee. She has experience advising clients across a wide range of industries including agriculture, food and beverage, manufacturing, mining and metals, real estate, technology and transportation. In her prior role at another Big Four firm she led the BC Mining and Metals transaction team.

Michelle is a recipient of the Business in Vancouver Top 40 under 40 award (2016) and the Association of Women in Finance, Rising Star Award (2016). She is a member of the Insolvency Institute of Canada, the Vancouver chapter of the Risk Management Association and the Western Canada International Women’s Insolvency and Restructuring Confederation network. Michelle is a CIRP and a Licensed Insolvency Trustee.

Recognition/Reconnaissance

Business in Vancouver Top 40 under 40 | Professional

Recipient of the Business in Vancouver Top 40 under 40 award.

Association of Women in Finance - Rising Star | Professional

Recipient of the Association of Women in Finance - Rising Star Award.

Mining and Metals Deal of the Year - M&A Advisor Turnaround Awards | Professional

Winner of the mining deal of the year at the 10th annual M&A Advisor Turnaround awards. The award was presented for my role in the sale of Veris Gold Corporation as part of the CCAA and Chapter 15 proceedings.

Additional Titles and Affiliations

Licensed Insolvency Trustee (LIT)

Chartered Insolvency and Restructuring Professional (CIRP)

Past Talks

CAIRP Annual Forum

Conference Chair

Vancouver, May 18, 2017

Annual Review of Insolvency Law - 14th Annual Conference

Panelist: "Set-off and Constructive Trusts"

Montreal, February 10, 2017

CAIRP Annual Forum

Panelist: "Mock Creditors Meeting", Conference Chair

Vancouver, May 10, 2016

Young Insolvency Professional Conference

Panelist: "Releases in Final Orders"

Las Vegas, May 7, 2016

VSEUS 3rd Annual Gender in the Workplace Conference

Panel: "Experiences with Gender in the Workplace"

Vancouver, February 27, 2016

Annual Review of Insolvency Law - 11th Annual Conference

Panelist: "Liquidating CCAA vs. Receiverships"

Montreal, February 14, 2014

Expertise

  • Mining and Metals
  • Transportation/Trucking/Railroad
  • Real Estate Dev/Ops
  • Corporate Bankruptcy
  • Distressed Mergers & Acquisitions
  • Operational Restructuring
  • Insolvency & Restructuring
  • Corporate Restructuring
  • Insolvency Proceedings
  • Financial Restructuring
  • Receiverships

Education/Éducation

  • Minerva (BC)
    Leadership
    Women Leading the Way Program, 2012
  • Queen's University
    Finance
    Bachelor of Commerce, 2001