Adam Spiro


Adam is a Partner and Chair of KRB’s Insolvency and Restructuring Group. He joins the firm following over a decade at a top-tier Canadian law firm, where he practiced corporate and commercial insolvency and restructuring as well as commercial and civil litigation. Adam regularly counsels companies that are insolvent or in the zone of insolvency, their lenders, suppliers, customers, landlords and other unsecured creditors and stakeholders, purchasers of distressed assets, as well as financial advisors, court-appointed officers and other insolvency professionals. His advice is invaluable to interested parties both in navigating informal out-of-court workouts and in formal court-supervised insolvency proceedings.

Adam’s extensive experience and business acumen uniquely position him to provide clients with creative strategies and practical solutions for addressing the challenges of financial distress and insolvency. He has appeared before all levels of the Quebec courts, as well as before the Federal Court and the Federal Court of Appeal.

Representative Work

Acted to protect the interests of the City of Montreal in the bankruptcy proceedings of Public Bike Service Company (Bixi) and of Montreal It’s Electric (Formula E) before the Quebec Superior Court and the Quebec Court of Appeal

Represented first-lien lenders in the receivership and insolvency proceedings of Mexx, Fletcher Sports, Boutique Jacob, Mercator Transport, Interaction Restaurants (PF Chang) and others

Represented the interests of certain landlords in the Companies’ Creditors Arrangement Act (CCAA) proceedings of RER Hydro and of Fortress Global Enterprises et al.

Acted for a creditor and investor in the proposal proceedings of Sea Air Composites under the Bankruptcy and Insolvency Act (BIA)

Represented purchasers of distressed assets in the BIA restructuring proceedings of Fortem Solutions and of CO2 Solutions

Represented a multinational supplier and customer in the BIA receivership proceedings of DaVinci Food Products

Acted for a major credit card payment processor in the BIA insolvency proceedings of Sinorama et al.

Advised a consumer goods supplier in the restructuring proceedings of SAIL under the BIA and of Mountain Equipment Coop under the CCAA

Pursued a Quebec-based multinational security services provider on behalf of a major U.S. mid-market financing and factoring firm who acted as first-lien lender to United Protection Services Group, in relation to a failed transaction in the latter’s Alberta-based restructuring and bankruptcy proceedings

Represented KPMG in its capacity as court-appointed monitor and manager/administrator in the insolvency proceedings of the developers of the Square Candiac real estate project under the CCAA

Acted for Bloom Lake General Partner Limited and various affiliates in their CCAA insolvency proceedings involving the closure of two of the largest iron ore mines in Canada

Acted for RB Energy Inc. and Quebec Lithium Inc. in the CCAA proceedings involving the closure of the iodine and lithium mines

Represented the first-ranking secured creditor, Australia-based Toro Energy Limited, in the CCAA proceedings of Strateco Ressources, resulting from the failure of a planned uranium mining project

Acted as Canadian counsel to an equity received appointed by the U.S. courts in cross-border proceedings for the recovery of funds held by a Canada credit card payment processor in the context of a massive consumer fraud estimated at hundreds of millions of dollars

Successfully obtained Canadian court approval of a plan of arrangement in cross-border insolvency proceedings for the settlement of hundreds of billions of dollars of claims, including thousands of asbestos personal injury claims worth billions of dollars

Successfully obtained court approval of several corporate plans of arrangement under applicable federal and provincial legislation on behalf of several private and public companies, including Formation Biologics, ECU Silver, Granite REIT, Immunotec and others

Acted to enforce the security of various creditors in hypothecary recourse proceedings



Quebec Bar

Turnaround Management Association (TMA) Montreal (Members of the Board of Directors)

Areas of Expertise

Insolvency and Restructuring

Civil and Contractual Liability

Corporate and Commercial Litigation

Product Liability

Shareholder Disputes


McGill University, LL.B., B.C.L (2008)

Concordia University, B. Comm (2004)

Year of Call

Quebec Bar (2009)