On June 18, 2021, Alaska – Alberta Railway Development Corporation (“AARDC”) filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 (the “BIA”). MNP Ltd. consented to act as Trustee under the NOI (the “Trustee”). AARDC was granted a 30 day stay of proceedings pursuant to Section 69(1) of the BIA (the “Initial...

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 June 18, 2021, Alaska – Alberta Railway Development Corporation (“AARDC”), 7198362 Manitoba Ltd. (“7198362”) and 12703131 Canada Ltd. (“12703131”, collectively the “Companies”)) filed Notices of Intention to Make Proposals pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (“BIA”). The Companies were granted a 30 day stay of proceedings pursuant to Section 69(1)...

On June 10, 2021, on the Application of 1951584 Ontario Inc., MNP Ltd. was appointed as Receiver of Pulse RX Inc. and Family Pharmacy Clinic Inc., pursuant to Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3, as amended (the “BIA”), and section 101 of the Courts of Justice Act, R.S.O 1990, c. C.43, as amended (the “CJA”).

MNP Ltd. was appointed as Interim Receiver of Ritchie Industries Inc. (“Ritchie”) and Duck Mountain Environmental Ltd. (“DME”) (collectively as the “Company”) by way of a Court of Queen’s Bench of Saskatchewan (the “Court”) Order dated June 1, 2021. Ritchie operates a liquor store and Petro Canada gas station in Kamsack, SK and DME operates as a septic hauling and pressure washing company. MNP...

1776690 Ontario Inc. cob The Country Way Health Food Store filed a Proposal on May 3, 2021 and MNP has consented to act as Trustee under the proposal.

On May 20, 2021 Clearbeach Resources Inc. (“Clearbeach”) and Forbes Resources Corp. (“Forbes”) sought and obtained from the Ontario Superior Court of Justice (Commercial List) an order (the “Initial Order”) under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (“CCAA”) under the above-mentioned court file number. The Initial Order appointed MNP as CCAA monitor. The...

On May 14, 2021 MNP Ltd. was appointed as Licensed Insolvency Trustee of Imagine Research and Technology Inc. (“Imagine Research”) under the Bankruptcy and Insolvency Act. Imagine Research was the developer and owner of certain patent applications and was based in Edmonton, AB.

10502715 Canada Inc. filed an assignment on the 4th day of May 2021 and MNP Ltd. was appointed as the Trustee. 10502715 Canada Inc. along with Bayview Creek (CIM) LP operated a land development business. Bayview Creek (CIM) LP also filed an assignment on the 4th day of May, 2021. For more information on Bayview Creek (CIM) LP’s bankruptcy, please click here .

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...