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AG Everest Mortgages Inc.
Filing: 11/10/2024
Corporate Engagement Type: Bankruptcy
On October 11, 2024, AG Everest Mortgages Inc. filed an Assignment in Bankruptcy with the Official Receiver and MNP Ltd. was appointed as the Licensed Insolvency Trust ("LIT") on the same day. The First Meeting of Creditors will be held by Microsoft Teams on October 31, 2024 at 11am EST.
Ashcroft Homes - 108 Richmond Road Inc.
Filing: 17/10/2024
Corporate Engagement Type: Receivership
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...
Centre de Liquidation Raynat Inc.
Filing: 18/10/2024
Corporate Engagement Type: Proposal
Centre de Liquidation Raynat Inc. filed a Notice of Intention to File a Proposal on October 18, 2024 and MNP Ltd. has consented to act as Trustee under the Proposal.
Untether Technologies Inc. and Untether Capital Inc.
Filing: 29/10/2024
Corporate Engagement Type: Proposal
On October 29, 2024, Untether Technologies Inc. and Untether Capital Inc. (the "Companies") filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to Section 50.4(1) of Part III, Division I of the Bankruptcy and Insolvency Act (Canada) separately and MNP Ltd. was appointed as the proposal trustee for the companies. Please take notice that the Companies lodged with the Trustee the Proposal, dated November 26, 2024...
Health and Beauty Inc. et al.
Filing: 03/10/2024
Corporate Engagement Type: Receivership
Canadian Western Bank appointed MNP Ltd. MNP Receiver in assets and undertaking of The Health and Beauty Distribution Inc., GLRM Oshawa 6 Inc. and GL & RM Inc., and Canadian Logistics House Inc. pursuant to Section 243 of the Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3 BIA Courts of Justice Act, R.S.O. 1990, c. C.43.
9446-4856 Québec Inc.
Filing: 24/10/2024
Corporate Engagement Type: Bankruptcy
9446-4856 Québec Inc. filed an assignment in bankruptcy on October 24, 2024 and MNP Ltd. was named as Trustee to the file.
Matthew Lawrence French
Filing: 08/10/2024
Corporate Engagement Type: Receivership
On the 8th day of October, 2024, MNP Ltd. became the Receiver in respect of specific property of Matthew Lawrence French by virtue of being appointed by Finance PEI.
14113268 Canada Inc
AVP Greenhouses
Filing: 31/10/2024
Corporate Engagement Type: Receivership
On October 31, 2024 MNP Ltd. was appointed receiver of all the assets, undertakings and properties of 14113268 Canada Inc. oa AVP Greenhouses (the “Debtor”) acquired for, or used in relation to a business carried on by the Debtor and the real property located at 3273 Mountain Road, Beamsville Ontario.
National Structures Inc. 20211
Filing: 16/12/2021
Corporate Engagement Type: Receivership
National Structures (2011) Inc. was place into Receivership on December 16, 2021 on application filed by the Royal Bank of Canada. The Company’s principal business activity was construction, specializing in bridge construction with annual sales of approximately $11 million dollars. During 2021, the Company and the Royal Bank of Canada entered into a forbearance agreement that eventually failed once RBC became aware of unremitted employee source...
HTI Humanitarian Training Initiative Inc.
Filing: 22/12/2021
Archive: 03/06/2024
Corporate Engagement Type: Bankruptcy
HTI Humanitarian Training Initiative filed an assignment in bankruptcy on December 22, 2021 and MNP Ltd. was appointed as Trustee to the file.