Michael Ethan Imber

Biography

Michael Imber is a Senior Director with Alvarez & Marsal’s Public Sector Service group in New York. Mr. Imber has over 25 years experience in counseling clients on bankruptcies, workouts and municipal consulting assignments. He has extensive municipal chapter 9 bankruptcy experience and has represented major unsecured creditors in the City of Detroit bankruptcy as well as generated 100% recoveries for the largest unsecured creditor claimants in the Jefferson County and the Mammoth Lakes Chapter 9 cases. He also led a team that identified $600 million of savings opportunities for the statewide K-12 education system as part of a broader efficiency study for the State of Kansas. Prior to joining A&M, Michael was a Senior Vice President at the Centre Insurance Company monitoring, restructuring and developing the exit strategy for a multi-billion dollar credit surety portfolio. His work included the disposition of Section 8 public housing and other real estate related assets. Previously, Mr. Imber served as a Director at PricewaterhouseCoopers Business Recovery Services Practice, representing creditor committees, banks and debtors in and out of the Chapter 11 bankruptcy process. He has been frequently quoted on municipal and state fiscal sustainability topics in the Wall Street Journal, BusinessWeek, The Bond Buyer, and Bloomberg and has co-authored several white papers in the municipal restructuring sector including his publication, Taking the Fiscal Pulse of Local Government. Mr. Imber is a Board member of the Municipal Analysts Group of New York. He has served on the Executive Board of the Turnaround Management Association International. He is also a Past President of TMA's New York City Chapter. He is also a Past Trustee of the Citizens Budget Commission of New York. Mr. Imber earned a Masters Degree in Business Administration from Columbia University as well as a Bachelors of Science degree in Finance from the University of Illinois.

Research Interest

Served as financial adviser to major creditors in three Chapter 9 bankruptcies: City of Detroit, Jefferson County and Mammoth Lakes Currently serves as the court-appointed receiver of VGTI Florida Corporation On the Strategic Planning Committee of his hometown, Weston, Connecticut