Michael Deeba is a partner in the bankruptcy and restructuring practice of Baker Tilly. Michael has over 30 years of experience dealing with distressed business issues including bankruptcy, workouts and turnarounds and related issues in litigation, arbitration, mediation and other out of court proceedings. Michael has provided consultation, fiduciary, and expert witness services in the areas of restructuring, bankruptcy, insolvency, valuation, fiduciary duties and governance issues, related party transactions, fraudulent transfers, fraud investigations, forensic accounting and investigatory services, and commercial damages modeling. He has served in these capacities in bankruptcy, federal and state courts and in arbitrations.
Michael has served in court-appointed capacities such as Chapter 7 and Chapter 11 bankruptcy trustee, bankruptcy examiner, receiver, and court-appointed expert witness. He was a financial analyst with the United States Trustee Program, providing specialized assistance on certain topics and continues to provide regional training programs to the office of the U.S. Trustee.
Michael has served as a financial advisor to debtors-in-possession, trustees, secured creditors, committees, and other parties-in-interest. His experience has included matters involving analyzing the financial structure and feasibility of plans of reorganization, disclosure statement issues, valuation of businesses and divisions, solvency analyses, assessment of reasonably equivalent value, adequate capital concerns, and preference and fraudulent transfer claim disputes. He has provided interim management turnaround services to companies in a wide range of industries including oil and gas, construction, real estate, healthcare, manufacturing, and other industries.
Michael has experience with taxation issues arising in complex business bankruptcy cases, such as the treatment of cancellation of indebtedness income, attribute reduction, preservation of NOLs, consolidation and tax refund issues, and the development of bankruptcy tax strategies.
Michael has been retained to provide valuation services and lost profits calculations in disputes involving sales agreements, contracts, shareholder and partner agreements, leases, employment contracts, non-compete clauses, trade infringement, and wrongful competition.