Corporate Engagements

MNP Ltd. was appointed Receiver and Manager of Asfars Holdings Ltd. on March 26, 2024 pursuant to an Order of the Supreme Court of British Columbia.

On October 17, 2024, Ashcroft Homes – 108 Richmond Road Inc. (“ 108 Richmond ”) was placed into Receivership on application of the Royal Bank of Canada, owed approximately $7.5 million. 108 Richmond owned several properties along Richmond Road in central Ottawa. A portion of the properties were placed into receivership by Duca Financial Services Credit Union Ltd. on May 16, 2024, excluding 114 Richmond Road, which is primarily...

On October 17, 2024, Ashcroft Homes – Eastboro Inc. (“ Eastboro ”) was placed into Receivership on application of the Royal Bank of Canada, owed approximately $80 million. Eastboro is a housing development project approved to construct approximately 2,000 homes in subdivision located in Ottawa East. Phase 2 of the project, approved for 980 homes has fully serviced lots however, the City of Ottawa was not prepared to allow Eastboro...

On June 4, 2021, Atlantic Crane & Material Handling Limited, Labrador Cranes 2005 Limited, and LCB Rentals Limited, filed a Notice of Intention to Make a Proposal. MNP Ltd. consented to act as the Proposal Trustee.

On October 17, 2024, Atlas Cloud Mining Inc. filed an assignment in bankruptcy, which was accepted by the Office of the Superintendent of Bankruptcy and became effective on October 21, 2024. MNP Ltd. was appointed as the Licensed Insolvency Trustee of the bankrupt estate by the creditors at the First Meeting of Creditors.

Effective January 11, 2019, MNP Ltd. was appointed as agency (the "Agent") of the assets, undertakings and properties of Atomik Interiors Inc. pursuant to the General Security Agreement held by ATB Financial.

Autostrada Hospitality (Main St.) Ltd. & Autostrada Hospitality (Downtown) Ltd. (the “Companies”) filed a Notice of Intention to file a Joint Proposal on March 13, 2024, and MNP Ltd. consented to act as Trustee under the Proposal. The Companies filed a proposal on April 12, 2024 and the first meeting of creditors will be held on May 1st at 2:00 PDT.

On March 17, 2021, the Ontario Superior Court of Justice granted an Order appointing MNP Ltd. as Receiver of all of the assets, undertakings and properties of AVAD Canada Ltd. All of the publicly available documents in these proceedings will be posted on this website.

On March 17, 2021, MNP Ltd. was appointed as Receiver (the “Receiver”) of all of the assets, undertakings and properties of the Company pursuant to an Order pronounced by the Ontario Superior Court of Justice (the “Receivership Order”). As authorized in paragraph 3. (r) of the Receivership Order, on May 18, 2021, the Receiver filed an assignment in bankruptcy for AVAD Canada and MNP Ltd. was appointed as Trustee of the Bankrupt...

MNP Ltd. was appointed as Interim Receiver of Avi Life-Lab Inc. by virtue of an Order granted by the Court on November 17, 2021. On December 15, 2021 , a Bankruptcy Order was issued against Avi Life-Lab Inc and MNP Ltd. was appointed as Trustee in the bankruptcy.