The importance of viability assessments — for both creditors and debtors
06/12/2021
Paul Pettigrew
Both parties in a creditor-debtor relationship benefit from clear communication, mutual respect, and a shared understanding of the facts. Viability assessments are one tool for achieving that.
Read More arrow_forwardWhat is a receivership?
30/11/2021
A receivership is a remedy available for secured creditors to recover amounts owing under a secured loan when a debtor company is unable or unwilling to repay the outstanding debt.
Read More arrow_forwardWatch: Insights and analysis on Canada’s agriculture outlook in Fall 2021 and perspectives for the year ahead.
Read More arrow_forwardFive common themes we often see in faltering businesses
25/10/2021
Paul Pettigrew
There are many reasons a business may become insolvent, many of which are apparent long before it is rendered bankrupt or placed in receivership.
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A business review, also referred to as a look see or viability assessment, is a comprehensive review of a company’s current financial position.
Read More arrow_forwardThe partners and team members would like to congratulate Derek Cramm, FCPA, FCMA, FCIRP, LIT, Partner and Senior Vice-President, MNP LTD, on his retirement at the end of May 2021.
Read More arrow_forwardGet the latest insights and analysis on Canada’s agriculture landscape and prepare for the year ahead.
Read More arrow_forwardConfidence in a continued economic recovery is growing shakier by the day as more provinces declare a second wave of COVID-19. While legislators would prefer to avoid another lockdown, they are urging consumers to limit social gatherings and non-essential...
Read More arrow_forwardStrategies For Creating Your Recovery Plan
24/06/2020
As the economy reopens and we get back to work, we need to be proactive in protecting our businesses.
Read More arrow_forwardMNP’s 2020 Agricultural Industry Outlook
01/05/2020
With lingering questions around the COVID-19 pandemic, the pending roll out of the CUSMA free trade agreement and numerous other socioeconomic and sector-specific factors to consider — producers and agribusiness owners have a lot to plan for in...
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