9th December - Update from Steven

It has been some time since my last update.

I have recuperated well from my surgery and radiation. The after effects of the surgery and the radiation have been slowly diminishing, and while it is impossible to say when I will be over them completely, I have every confidence that in due course they will be gone. By the beginning of July, I was well enough to resume work on a full-time basis. It has been tremendous to be working with my colleagues again.

I am writing to share some exciting news with you. After 30 years of being involved in insolvency and restructuring, over 28 years of which I have spent at Osler, I have decided to retire from active practice at the end of December 2013.

The firm has asked me, and I have agreed, to stay on as Counsel in 2014 to assist in transitioning current mandates and client relationships.

I will be spending most of my time pursuing my many other passions, including music, woodworking, social enterprise and charitable activities, and spending time with family and friends.

I am very excited about this next phase in my life. I am deeply grateful for the opportunities I have had to work with an amazing group of people, and to develop lasting friendships.

I am also deeply grateful for the kindness, support, and positive energy from so many of you over the last year and a half. It has all contributed in a meaningful way to my recuperation.

I look forward to having the opportunity to connect with you in the near future.

Best regards,


14th August - Update from Steven

We are delighted to announce Steven’s return to the Osler Insolvency & Restructuring Group. He is happy to be back.

“Back in the saddle.”

3rd April - Update from Steven

It has been about two months since my last update. I started daily radiation therapy on February 20 and I am about 2/3 of the way through the 39 treatments. The side effects (including nausea, headaches and extreme fatigue) are a bit challenging and are cumulative and I am therefore not going into the office. However, I am getting through this, day by day, and I am looking forward to being on the other side of the treatments and the next phase of this journey.
I am very fortunate to have the continued love, positive energy and support of my family, friends, and colleagues. It is truly amazing.
Best regards,


8th February - Update from Steven

I have continued to recuperate. I am substantially better, and all indications are that the surgery was completely successful. Apart from constant severe headaches (which I am hopeful over time will subside), there do not appear to be any long term significant negative side effects to the surgery. This is truly amazing, and a credit to the outstanding team from St Michael’s Hospital led by Dr Michael Cusimano (neurosurgery) and Dr John Lee (ENT surgery).

The results of the various tests and scans are in. All of them seem to be very good. There may be some small amount of chordoma left, but it is difficult to confirm this either way. In any event, this is an amazing result, given the size, shape and location of the original tumor.

I have now been back at work for a few weeks. This is almost beyond belief to me, as I was able to return to work in almost 2 months after the surgery.

In the next week or two I will be starting a 9 week course of daily radiation therapy (with weekends off for good behaviour) under the care of a team led by Dr Arjun Sahgal at Princess Margaret Hospital in Toronto. The aim of the treatment is to destroy any remaining tumor cells. The treatment is not without some serious short term and long term risks. However, I am confident that I have an amazing, first class radiation oncology team, and that with their assistance and care I will come through this in the best possible way.

As I embark on this next phase of this journey, my emotions, thoughts and energy remain positive and strong.

I am sincerely and deeply appreciative of the positive energy, good thoughts, support and well wishes of family, friends, partners and colleagues. It has been a great comfort and support and contributed in a meaningful way to my recuperation.

Thank you.

Best regards,


20th December

As the holidays approach, many of you have reached out to ask us how Steven is doing. I am pleased to report that he is doing very well. While he is still dealing with severe headaches, they appear to be resolving over time. Assuming the surgical team is content with the extent of his recuperation by the end of January, radiation therapy is expected to commence shortly thereafter that will likely involve a 9 week daily radiation regimen and a recuperation period thereafter.

In his usual fashion, Steven continues to exceed expectations. His mood and attitude are positive and strong. He is extremely grateful for the continued love and support of family friends and colleagues, which provide great comfort. In a wonderful surprise for the Osler IR group, he dropped in to our holiday party last Friday evening.

Thank you to all for your ongoing concern and support.

Happy Holidays,
Tracy Sandler and the Osler IR Group

29th November

As many of you know, I had surgery on Oct 23 to remove a large, unusual type of brain tumor called a chordoma. The surgery, performed by a brilliant team led by Dr Michael Cusimano (neurosurgey) and Dr John Lee (ENT surgery) at Toronto’s St Michael’s Hospital, took over 10 hours, and was very successful.

I am now in recuperative mode, which is expected to take about 3 months from the surgery, if all goes well. After that I will start on a radiation therapy treatment which will probably last about 9 weeks, and thereafter can expect a further recuperation period of about 2 months.

While recuperation is definitely a process, each day I get a bit stronger and healthier. My medical team is very pleased with the progress so far.

As many of you know, I characterize this process as my own personal restructuring. The good news is that the plan has been approved overwhelmingly by all classes of creditors, the court has sanctioned the plan, and we are now in implementation mode. I have been blessed with and overwhelmed by the love, support, kindness, positive energy and good wishes of many friends, colleagues and family around the globe. It is truly amazing.

ABI has been fantastic! They have set up a blog (www.abiband.com) where many people have left messages and photos, and I have been able to provide updates from time to time. Many thanks to Sam Gerdano and the whole ABI team. Also, many thanks to everyone who has taken the time to post on the blog. It is great fun, and very uplifting to read the posts and look at the photos.

All of the members of the Indubitable Equivalents ( the greatest insolvency Rock and Roll band ever), have been a constant source of positive energy. I know you will be enjoying their "wall of sound", dynamite vocals, solid solos, hard driving rhythm section, and of course, the tightest horn section around. The show is being streamed so I can enjoy the music, even though unfortunately I can't be there to play in person. Wow! What fun!

Once again, many thanks to everyone for the positive energy, good wishes, support and kindness. My thoughts, emotions and energy are strong and positive, and I am getting better each day.

Our friend Steven Golick (Osler Hoskin & Harcourt LLP, Toronto) is facing a medical crisis. He has been diagnosed with a serious brain tumor, requiring complex surgery and treatment. Steven is facing this challenge as his own personal restructuring. He is in the plan development stage and is pulling his team of experts together. Steven’s spirits are very strong and he and his family remain optimistic, but he can use our support. A member since 1994, Steven has served ABI leadership in many capacities: as a two-term member of the Board of Directors, a past Vice President for International Affairs, ABI Board Member to INSOL International, conference chair for the Canadian American InsolvencySymposium, International Committee chair and as a frequent speaker and published author.

He's a prominent lawyer, with a world-wide reputation from his involvement in some of the highest profile restructuring matters. But we know him as the nicest, caring friend, colleague, and devoted husband and father.

He is also a founding member of the ABI house band, the Indubitable Equivalents, where he plays keyboards, organ and synthesizer. Trained in classical music from age 4, Steven has been a studio musician and toured with some top international music acts, from rock to jazz and even punk. Because the band is important to Steven, his fellow band-mates have organized this new Blog site for Steven's many friends to show their love and support at this critical time. Please click on this link to enter and share your thoughts. Please post as often as you'd like. Let's do our part to lift his sprits as he faces this life challenge.

"Personal Restructuring Update from Steven - October 1"

Revised Surgery Date: October 23, 2012

"Personal Restructuring Update from Steven - September 25"

As you may know, I have been diagnosed with having a large brain tumor, which is most likely a chordoma. The recommended treatment for this type of tumour, given its placement, is advanced endo nasal surgery to remove as much of the tumor as possible, followed by radiation therapy to deal with any parts that are not safe to remove by surgery.

I am extremely fortunate to be under the care and attention of a top surgeon in Canada who specializes in this type of surgery, Dr Michael Cusimano, at St Michael's Hospital in Toronto. Dr Cusimano is highly respected, experienced, deeply caring, detail oriented, and is a master brain surgeon. If all goes well, the surgery will be performed on October 16.

I am also blessed with the support, kindness, thoughts and positive energy of countless friends, family and supporters. I deeply appreciate this. Many thanks to all who have been so kind.

I have no doubt that with I will get throught this "personal restructuring". My thoughts, emotions and energy are positive and strong.

Best regards,



We are ordering Team Golick t-shirts to show our support for Steven over the next few weeks. The cost is approximately CDN$20 plus shipping where applicable. Everyone getting a T-shirt will be asked to consider making a donation to a hospital foundation to be selected by Steven. E-mail a picture of yourself in the T-shirt for either posting on the blog or sending straight to Steven! Group photos are encouraged.

Orders to be directed to John MacDonald (Osler, Hoskin & Harcourt LLP, Toronto) at jmacdonald@osler.com.