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DMD II Mortgage Investment Corporation
Filing: 04/04/2017
Corporate Engagement Type: Receivership
DMD II's Investment Fund Manager, Axcess Capital Advisors determined that DMD II was insolvent and recommended that a Receiver be appointed. MNP Ltd. was appointed Receiver on April 4, 2017 by a Consent Receivership Order.
DMD Mortgage Investment Corporation
Filing: 04/04/2017
Corporate Engagement Type: Receivership
DMD’s Investment Fund Manager, Axcess Capital Advisors determined that DMD was insolvent and recommended that a Receiver be appointed. MNP Ltd was appointed Receiver on April 4, 2017 by a Consent Receivership Order.
Drill Rite Systems Inc.
Filing: 04/07/2017
Corporate Engagement Type: Bankruptcy
On April 7, 2017 Drill Rite Systems Inc. ("Drill Rite") filed an assignment in bankruptcy and MNP Ltd. consented to act as Trustee. Drill Rite operated as a piling contractor based in Edmonton, AB.
Equity Capital Corp.
Filing: 10/04/2017
Corporate Engagement Type: Bankruptcy
Equity Capital Corp. filed a Notice of Intention to Make a Proposal on March 28, 2017, and MNP has consented to act as Trustee under the proposal. On April 10, 2017, the debtor company was deemed bankrupt pursuant to the non-filing of a cash flow statement.
First Class Painting 1984 Ltd
Filing: 13/04/2017
Corporate Engagement Type: Bankruptcy
On April 13, 2017 First Class Painting (1984) Ltd. filed an assignment in bankruptcy and MNP Ltd. consented to act as Trustee. First Class Painting operated as a general contracting business based out of Nisku, AB.
The House of Cheese Ltd.
Filing: 13/02/2023
Corporate Engagement Type: Bankruptcy
The House of Cheese ceased operations on December 31, 2022, after 43 years of operations. The operations in the Ottawa Byward Market and Barrhaven locations both closed effective December 31, 2022. The principal shareholder passed away in early 2022 and with falling sales and increasing costs to operate including purchasing of inventory, the surviving family members elected to close both locations. The level of debt in both companies was not significant,...
Masterfile Corporation
Filing: 05/04/2017
Corporate Engagement Type: Proposal
On April 5, 2017 Masterfile Corporation filed a Proposal pursuant to the Bankruptcy and Insolvency Act and MNP Ltd. has consented to act as Trustee under the Proposal.
Tundra Electric Inc.
Filing: 22/02/2023
Corporate Engagement Type: Proposal
Tundra Electric Inc. (the “Company”) is a full service residential and commercial electrical contractor located in Saskatoon, Saskatchewan. On February 22, 2023 the Company filed a Notice of Intention to Make a Proposal (“NOI”) under subsection 50.4 (1) of the Bankruptcy and Insolvency Act. On March 23, 2023, the Company filed a Proposal with MNP Ltd. under the Bankruptcy and Insolvency Act. On April 11, 2023, the Company...
Skymark Contracting Ltd.
Filing: 10/04/2017
Corporate Engagement Type: Proposal
SkyMark Contracting Ltd. filed a Notice of Intention to Make a Proposal on March 28, 2017, and MNP has consented to act as Trustee under the proposal. On April 10, 2017, the debtor company was deemed bankrupt pursuant to the non-filing of a cash flow statement.
2640837 Ontario Inc.
The House of Cheese and Deli
Filing: 13/02/2023
Corporate Engagement Type: Bankruptcy
The House of Cheese ceased operations on December 31, 2022, after 43 years of operations. The operations in the Ottawa Byward Market and Barrhaven locations both closed effective December 31, 2022. The principal shareholder passed away in early 2022 and with falling sales and increasing costs to operate including purchasing of inventory, the surviving family members elected to close both locations. The level of debt in both companies was not significant,...