North York (Head Office)

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Alan Spergel

CPA, CA, FCIRP, CFE, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4300

Alan is the founder and President of Spergel. From the very first business owner he helped back in 1989, to today as he oversees the firm’s insolvency team, Alan’s philosophy has always been to assist corporations in an efficient and cost-effective manner, while keeping their goals and vision of the company in mind. Alan continues to be a leader within the insolvency industry. He is the past Chair of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP), and has served on the Management Board for the Superintendent of Bankruptcy.

Alan has recently founded a network of 8 independent insolvency firms across Canada called the Independent Canadian Insolvency Network (ICIN), and more recently expanded to Europe including the U.K., and several other European countries. For further information visit

In his free time, he enjoys golf and tennis, and is an avid skier. He actively supports the Crohn’s and Colitis Foundation of Canada and the new Humber River Hospital ensuring that Spergel continues to give back to the communities it works in. Recently, Alan has found particular joy in spending time with his two grandsons.


Philip H. Gennis

J.D., CIRP, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4325

As a Trustee, Philip is charged with the administrative oversight of the commercial insolvency department of the firm in addition to assisting in the implementation of the firm’s defined growth strategy. He is a lawyer and a Licensed Insolvency Trustee with almost thirty-five years of financial advisory experience. He brings a broad base of experience to bear upon the crisis equation. His focus is upon the development of workable solutions built upon the broad support of all interested parties. He is trained to assess each unique financial situation and to provide solutions that are practical, responsive and accessible.

Philip is a member of the following professional associations:
  • Canadian Association of Insolvency and Restructuring Professionals (CAIRP)
  • Ontario Association of Insolvency and Restructuring Professionals (OAIRP) – former Board Member
  • Law Society of Upper Canada
  • Canadian Bar Association
  • American Bar Association
  • Canadian-American Bar Association
  • American Bankruptcy Institute

As well, Philip has previously served on the campaign cabinets of a number of charitable organizations.


Harvey S. Lipman

CPA, CA•CIRP, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4320

Harvey Lipman joined the Spergel team as a Trustee during May 2011. Harvey has had extensive experience in the insolvency and restructuring fields since 1982. Harvey has acted for major banks, lenders, and debtors, and assisted clients of accountants and lawyers with their financial needs. Harvey has also acted as Court Appointed Interim Receiver, Licensed Insolvency Trustee, and privately appointed Receiver and Manager. Harvey has experience helping lenders and companies in many manufacturing industries including automotive, lumber, food processing, distribution, construction, restaurant and hospitality, marine manufacturing and retail, franchising, transportation, retail, IT and professionals.

Harvey is currently on the Board of Directors of the Kidney Foundation of Canada – Central Ontario Chapter and also is Chairman of their annual bowling fundraising event. Harvey is active on other charitable and non-profit organizations for the purpose of fundraising for different worthy causes primarily benefiting children.

In the past, Harvey has served on the Board and Executive of The Sigma Alpha Mu Foundation of Canada and for 17 years sat on the Board and Executive of a children’s non-profit day camp (Camp Arrowhead).


Deborah Hornbostel

CPA, CA, CIRP, CFE, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4308

Deborah joined the Spergel commercial insolvency team in 1997 after having worked in the financial advisory department of an international accounting firm in Toronto and Europe. She obtained her Bachelor of Commerce degree from the University of Toronto and is a Chartered Accountant, Certified Fraud Examiner and Licensed Insolvency Trustee. She has been a member of the Canadian Association of Insolvency and Restructuring Professionals since 1990.

Deborah has a very broad base of experience in administrating commercial insolvencies under a variety of legislative vehicles and has also assisted both creditors and debtors with consulting services for turnarounds, refinancings and asset sales without formal enforcement proceedings. She takes pride in efficiently providing a professional and practical approach to each situation with superior attention to her clients’ needs. Deborah also has experience in pursuing fraudulent debtors on behalf of lenders and has worked with the RCMP and local police in obtaining convictions against such criminals.

She currently serves as Secretary for the Ontario network of the International Women’s Insolvency & Restructuring Confederation and is a member of the Turnaround Management Association.


Gillian Goldblatt

CPA, CA, CIRP, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4315

Gillian takes pleasure in helping individuals, sole proprietorships, and corporations who are encountering seemingly insurmountable financial obligations. Gillian will guide you through your options for going forward, tailored to your particular situation. You may be surprised to learn that the financial future is bright!

As a dedicated Licensed Insolvency Trustee at msi Spergel inc. with a strong financial background as a CPA, CA, Gillian has experience working both with individuals and companies who are experiencing financial distress. She particularly enjoys working with businesses to identify and find practical and creative solutions to operational and financial issues to allow them to emerge with a stronger foundation. She also enjoys assisting individuals in dealing with their debt issues by tailoring debt solutions best suited to their particular situation.

Gillian is available anytime to act in an advisory capacity to lawyers, accountants, and investors whose clients may find themselves in financial difficulty, to provide the best alternatives and options available to them.

Gillian also speaks and attends at financial literacy programs and events to promote the early education of younger and new Canadians, as well as assisting new business owners and entrepreneurs in navigating the Canadian financial landscape. Gillian is regularly quoted and interviewed in the media based on her experiences helping individuals and business owners get back on track, including the most recent articles and interviews below:

BNN Interview “Canadian Seniors Piling on Debt”

Globe and Mail article “Already pinched, many Canadians anxious about higher rates”

She obtained her Bachelor of Commerce degree from McGill University, has been a Chartered Accountant since 2006, and is a Licensed Insolvency Trustee (LIT). Prior to joining SPERGEL, Gillian held various roles at a global accounting firm, including Manager in the Corporate Assurance and Advisory group and Campus Recruiting Manager for Central Canada in the Human Resources department.

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Mukul Manchanda

B.Com, CIRP, Licensed Insolvency Trustee


North York (Head Office)

Direct Phone/Fax: (416) 498-4314

Mukul joined the Spergel team as Licensed Insolvency Trustee in September 2017. Mukul has significant insolvency and restructuring experience having been engaged by major banks, debtors, lawyers and accountants. Mukul has acted in a variety of capacities including court-appointed receiver, interim-receiver, monitor and bankruptcy trustee. He has experience in various industries including manufacturing, construction, film & media, real estate, information technology, digital marketing and transportation & distribution.

Mukul is also experienced in acting as receiver/consultant over entities involved in fraudulent representation of financial information to lenders and misappropriation of assets.

Mukul completed his Bachelor of Commerce from India and obtained a Computer Programming diploma from Georgian College in Barrie. He is a Licensed Insolvency Trustee and a member of the Canadian Association of Insolvency and Restructuring Professionals. He is fluent in English, Hindi, Punjabi and Urdu.