Michael Ethan Imber
Senior Director
Quick facts
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
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+1 212 763 9732
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The key to lasting, sustainable change in government is the alignment of interests of all stakeholders.
Michael Imber is a Senior Director with Alvarez & Marsal Public Sector Services in New York. He is a workout and restructuring specialist with more than 25 years of experience in bankruptcies, workouts and middle-market finance.

Mr. Imber recently served as the financial advisor to the COPs Note Holders in the City of Detroit Chapter 9 case; he also represented the largest unsecured general obligation creditors in the Jefferson County, Alabama, Chapter 9 case, as well served as financial advisor to Mammoth Lakes Land Acquisition in pursuit of its judgment claim in the Chapter 9 case of the City of Mammoth Lakes, CA. In addition, he served as a financial and restructuring advisor to the Nassau County Interim Finance Authority.

He has previously served as a financial advisor to several major municipal transit authorities, including the MTA, NJ Transit, and the MBTA in an out-of-court workout with a major vendor, resulting in a successful renegotiation or exit of the vendor contracts.

Before A&M, Mr. Imber was a Principal at Grant Thornton in its State and Local Government Advisory Services practice. Prior to that, he served as Senior Vice President at the Centre Insurance Company, holding global responsibility for the monitoring, restructuring, and exit strategy for a multibillion dollar credit surety portfolio. He also served as a Director in the Business Recovery Services practice of PwC, representing creditors’ committees, banks and debtors in and out of the bankruptcy process

Earlier, he worked for seven years as a commercial loan officer in the middle-market lending area at Chase Manhattan Bank and later Citibank.

Mr. Imber earned an MBA from Columbia University and a bachelor's degree in finance from the University of Illinois. He is a certified Emergency Manager in the State of Michigan and a Certified Insolvency & Reorganization Advisor.

He served on the executive board of the Turnaround Management Association International and is past president of TMA's NYC Chapter. He is a member of the Municipal Analysts Group of New York, the National Federation of Municipal Analysts, the American Bankruptcy Institute and the Association of Insolvency & Reorganization Advisors. He also served as a trustee of the Citizens Budget Commission.

Mr. Imber co-authored several white papers in the municipal restructuring sector: Taking the Fiscal Pulse of Local Government (April 2013), Too Big to Fail or Too Big to Bail Out (March 2011) and Turnaround "Apps" for the Public Sector (May 2011). He is quoted on municipal and state fiscal sustainability topics in the Wall Street Journal, BusinessWeek, The Bond Buyer and Bloomberg.