Corporate Engagements

MNP Ltd. was appointed as Receiver of Black Knight Inn Ltd., Manwood Holdings Ltd. and BKI Holdings Ltd. (collectively as “BKI”) by way of a Court of Queen’s Bench of Alberta Order dated August 7, 2020. BKI operated a 98 room hotel, lounge and restaurant located at 2929 50 th Avenue in Red Deer, Alberta.

ML K.C.P Inc. filed an assignment in Bankruptcy on September 17, 2020 and MNP Ltd. was named as Trustee to the file.

Essentia Group Inc. filed a Notice of Intention to Make a Proposal on September 14, 2020 and MNP has consented to act as Trustee under the proposal. On November 30, 2020, Essentia Group Inc. was deemed bankrupt pursuant to the non-filing of a proposal. For information regarding the bankruptcy, please refer to the following link: https://mnpdettes.ca/fr/restructuration-entreprise/mandats-courants-de-la-societe/essentia-group-inc-bkr

On September 18, 2020, MNP Ltd. was appointed as receiver and manager without security, of all the assets, undertakings and properties of Turuss (Canada) Industry Co., Ltd.

6860966 Canada Inc. filed a Notice of Intention to Make a Proposal on September 14, 2020 and MNP Ltd has consented to act as Trustee under the proposal. On November 30, 2020, 6860966 Canada Inc. was deemed bankrupt pursuant to the non-filing of a proposal. For information regarding the bankruptcy, please refer to the following link: https://mnpdebt.ca/en/corporate/corporate-engagements/6860966-canada-inc-bkr/

On September 8, 2020, Zargon Oil & Gas Ltd., Zargon Oil & Gas Partnership and Zargon US Holdings Ltd. submitted a Notice of Intention to Make a Proposal, and MNP Ltd. consented to act as the Trustee. On November 13, 2020, a consolidation Order was granted, and a Proposal was filed for Zargon Oil & Gas Ltd., Zargon Oil & Gas Partnership and Zargon US Holdings. Please see the Letter to Creditors below, along with all the Proposal...

Terra Firma Development Corporation Limited (the "Company") was a property developer of a residential real estate project in Ardoise, Nova Scotia, known as Forest Lakes Country Club. On August 5, 2020, S + C Treuhandgesellschaft mbH filed an application to Court to have the Company adjudged bankrupt, and on September 22, 2020, the Supreme Court of Nova Scotia issued a Bankruptcy Order and appointed MNP Ltd. as Licensed Insolvency Trustee of the bankrupt...

On February 4, 2022, Immeubles Lecluze Inc. filed a Notice of Intention to make a Proposal and MNP Ltd consented to act as Trustee. On February 14, 2022 an Order granting the substantive consolidation of the estates of Immeubles Lecluze Inc. and Éclairage Contraste M.L Inc. was issued by the Court. For more information after the consolidation, please refer to the following link : Éclairage Contraste M.L Inc.

On February 28, 2022, Abbey Resources Corp (“Abbey”) was placed into Receivership by an Order (the “Receivership Order”) issued by the Court of Queen’s Bench for Saskatchewan in Bankruptcy and Insolvency (the “Court”). MNP Ltd . has been named Receiver of Abbey. The Receivership Order lifted the stay of proceedings in Abbey’s CCAA proceedings that commenced in August of 2021, whereby MNP Ltd...

The Company filed an assignment in bankruptcy on February 1st, 2022 and MNP Ltd. was named as Trustee to the file.