Corporate Engagements

Canoe Bay Development Inc. (“CBI”) and Mooney’s Bay (Ottawa) Seniors Community Real Estate Limited Partnership (“MBLP”) filed Notice of Intentions to Make a Proposal on April 28, 2022 and MNP Ltd. consented to act as the Proposal Trustee having combined debt of approximately $27,327,064 million. Fiera FP Real Estate Financing Fund LP is owed approximately $15,211,842 and Computershare Trust Company of Canada is owed...

On May 18, 2022, Riverside Professional Corporation Inc., was placed into bankruptcy by the Court Appointed Receiver as Ordered by the Court on March 28, 2022. The bankruptcy of the Company became necessary in order to commence a claims process to manage the unsecured creditors including Canada Revenue Agency estimated to be $3.5 million, that will come due when the Trustee files the final corporate income returns and account for the capital gain...

Inspire Fundraising Solutions Inc. filed an assignment on the 2nd day of May, 2022, and MNP Ltd. was appointed as Licensed Insolvency Trustee, subject to affirmation by the creditors at the first meeting of creditors.

On January 18, 2010, Meyers Norris Penny Limited was appointed the Receiver of 1742209 Ontario Inc. ("1742209") pursuant to a Court Order of the Ontario Superior Court of Justice. 1742209 was a landlord of a manufacturing facility (the "Property") located in Newmarket, Ontario. The Property consists of approximately 12.5 acres of land and 137,000 square feet manufacturing and warehouse space.

On March 17, 2010, 1186222 Ontario Inc. o/a Holly's and Ann Stuart ("Holly's") filed an assignment in bankruptcy and Meyers Norris Penny Limited was appointed the Trustee in Bankruptcy. Holly's operated a women's fashion retailer offering high end clothing. Holly's head office is located in the City of Toronto and operated from five locations in four malls.

On August 31, 2010, the Supreme Court of British Columbia appointed Meyers Norris Penny Limited ("MNP") as Interim Receiver of Squamish JV Ltd's ("Squamish JV") assets and undertakings. Squamish JV operates, pursuant to a license agreement with InterContinental Hotel Group, a Holiday Inn Express & Suites Hotel located in Squamish, British Columbia. MNP's current mandate is to monitor the operations, which remain in the control of Squamish JV,...

1492236 Alberta Corp. (“149”) filed an Assignment in Bankruptcy on June 25, 2012 and MNP Ltd. was appointed as Trustee of the Bankrupt Estate. 149 operated under the name of Swiss Chalet in the city of Edmonton, Alberta. Its business operations consisted of restaurant sales and services.

On September 12th, 2012 MNP Ltd. was appointed Receiver of Pheasantback Golf & Country Club Ltd. and Rise Resources Corp. (collectively as “Pheasantback”) pursuant to a Court of Queen’s Bench of Alberta Order. Pheasantback operated as a golf course and country club 10km north of Stettler, Alberta.

On August 7, 2012, U&Me Beverage Company ("U&Me"), located in Mississauga, Ontario, filed a Notice of Intention to Make a Proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act, and MNP Ltd was appointed trustee. U&Me obtained an order extending the period to file a proposal to September 21, 2012. U&Me did not file a proposal by September 21, 2012 and as a result was deemed bankrupt on September 22, 2012. Subsequently,...

LAWL Maritimes Inc. held exclusive franchise rights to operate weight loss clinics in the Canadian Atlantic provinces under the name of LA Weight Loss Centre. The Company had nine locations operating. On December 12, 2008, Shiner Kideckel Zweig Inc. was appointed Receiver of the Company, pursuant to, inter alia, a General Security Agreement.