About MNP
Helping businesses regain financial health
Professional restructuring may be necessary in cases where a business has more debt than it can manage, or a creditor requires help protecting its position. However, it can be challenging to understand the alternatives and choose the best course of action.
Should it be restructuring? Receivership? Liquidation?
At MNP Ltd., our corporate recovery and restructuring team helps executives and business owners build effective strategies to meet the needs of all stakeholders.
Our services
Here are just a few ways MNP Ltd. can help stakeholders in insolvency proceedings:
Business reviews (viability assessments)
Provide in-depth viability studies to enhance decision-making processes and options.
Business restructuring and reorganization
Assess the business and assist with key changes to realign business models and needs.
Proposal to creditors
Develop proposals which bridge the gap between business owners, financial institutions, and other creditors.
Monitoring
Serve as a private or court-appointed monitor.
Formal appointments
Act as a court-appointed Receiver, Interim Receiver, Licensed Insolvency Trustee, and other related appointments.
About MNP
MNP Ltd. is one of the largest corporate insolvency practices in Canada. For more than 60 years, our team of Licensed Insolvency Trustees has been working with creditors to protect their interests and with businesses to help them recover and regain control of their finances during times of economic distress.
MNP Ltd.’s parent firm is MNP LLP, Canada’s fastest-growing national accounting and consulting firm. We integrate specialized expertise in the key service areas that MNP LLP provides when necessary. We take the time to understand your industry and needs thoroughly, and we offer a multi-disciplined approach to help you obtain the best possible results.
Living and working in more than 80 key urban and rural centres across Canada means our experienced Licensed Insolvency Trustees have the local market insight to deliver personalized solutions for corporate financial challenges.
International capabilities
MNP is an independent member of Praxity, an innovative, international alliance of over 700+ offices of best-in-class independent member firms. Together, we share their combined expertise from strategic locations around the world, leveraging highly-customized business solutions and deep regional understanding — driving outstanding results and returns for clients in more than 110 countries.
Assurance
- Audits
- Reviews
- Compilations
- IFRS
Tax
- Corporate tax (Canadian and U.S.)
- Personal tax (Canadian and U.S.)
- Indirect tax (GST, PST, HST)
- International tax
- Scientific research and experimental development (SR&ED)
Valuations and Litigation Support
- Business valuations
- Intangible assets
- Property tax recovery
- Appraisals
Consulting
- Supply chain management
- Performance improvement
- Human resources
- Farm management
- Technology
- Economics and research
Succession Planning
- ExitSMART™
- TransitionSMART™
Forensics
- Fraud
- Computer analysis
- Employee misconduct
- FINTRAC compliance
Enterprise Risk
- Regulatory compliance
- Internal audit
- Security
- Technology risk
- Business resilience
- Risk management
Corporate Finance
- Capital markets
- Mergers, acquisitions, and divestitures
- Transaction services
- Due diligence
Digital
- Applications
- Business intelligence and data
- Cyber security
- People and resources
- Project and portfolio management
- Security and risk management
- Service planning and architecture
- Strategy and governance
Our experience
| Business type | MNP’s role | Highlights |
|---|---|---|
|
Paving company |
Licensed Insolvency Trustee |
|
|
Fishing camp |
Receiver |
|
|
Summer and tool distributor |
Licensed Insolvency Trustee and receiver |
|
|
Software development |
Viability assessment Court-appointed receiver and manager |
|
|
Chain of pharmacy / gres |
Court-appointed receiver |
|
|
Boat manufacturer |
Viability assessment |
|
|
Office furniture |
Receiver and manager and Licensed Insolvency Trustee |
|
|
Steel plate manufacturing (automotive industry) |
Court-appointed receiver and manager |
|
|
National importer |
Court-appointed receiver |
|
|
National chain of giftwares |
Advisor to a trade association and credit management group through CCAA proceeding |
|
|
Music and entertainment |
Special investigative receiver |
|
|
Hog operation |
Court-appointed receiver |
|
|
Oilfield services |
Viability assessment |
|
|
Manufacturing |
Viability assessment |
|
|
Construction contractor (mining) |
Licensed Insolvency Trustee |
|
|
National women’s retail chains |
Multiple appointments as Licensed Insolvency Trustee |
|
|
Multi-location rete distribution |
Viability assessment Court-appointed receiver |
|
|
Tool and die maker (automotive industry) |
Receiver and manager |
|
|
Vinyl profile manufacturer |
Receiver and manager |
|
|
Real estate |
Multiple appointments as private and court-appointed receiver |
|
|
Car and RV dealerships |
Multiple appointments as private and court-appointed Receiver |
|
|
Manufacturer store fixtures |
Court-appointed interim receiver |
|
|
National automotive repair chain |
Court-appointed receiver |
|
|
Retail home and garden centre chain |
Proposal Trustee Licensed Insolvency Trustee receiver |
|
|
Retail jewelry chain |
Proposal Trustee Licensed Insolvency Trustee receiver |
|
|
Retirement homes |
Court-appointed receiver |
|
|
Housing co-operative |
Court-appointed receiver |
|
|
Hotels |
Receiver and manager |
|
|
Gold mine |
Proposal Trustee Licensed Insolvency Trustee |
|
Client groups
MNP Ltd. has an extensive network of professionals serving clients in numerous industries and specialty groups through our parent firm, MNP LLP, including:
Meet MNP’s corporate recovery and restructuring team leaders
To find out what we can do for you, contact the MNP office of a Corporate Recovery leader near you.