Corporate Engagements

Rural Routes Brewing Company Ltd. (“Rural Routes”) was assigned into bankruptcy on January 23, 2023 and MNP Ltd. was appointed as Licensed Insolvency Trustee. Rural Routes operated a brewery and restaurant in Leduc, Alberta.

SafetyTek Software Ltd. (the "Company") owned and operated a computer systems design and related services company based out of Calgary, Alberta. On March 19, 2024, the Company made an assignment into Bankruptcy. MNP Ltd. was appointed as Licensed Insolvency Trustee. The First Meeting of Creditors in the Bankruptcy of the Company will be held via teleconference on the 8 th of April, 2024 at 2:00 PM CST respectively. Call in details can be found...

On October 25, 2023, Sajjith Petro Inc. was placed into Receivership on application by the Royal Bank of Canada (RBC). RBC’s outstanding indebtedness was approximately $2,000,000.00 at the time the application was made. Sajjith Petro Inc. operated an Ultramar gas station and convenience store in Campbellford, Ontario. The Receiver intends to have the property listed for sale and to complete a sales process.

Salon Deux Inc. filed an assignment in bankruptcy on January 4, 2023 and MNP Ltd. was named as Trustee to the file.

Sante Medical Ltd. filed an assignment in bankruptcy on November 4, 2022 and MNP Ltd. was appointed as Trustee of the bankrupt estate. Publicly available documents related to these proceedings will be posted below.

The individuals were placed into receivership on application for the two secured creditors. The individuals operated a horse boarding and riding facility. The individuals ceased to make the agreed mortgage payments and payments for property taxes. The operations did not generate sufficient cash flow to meet the required mortgage payments.

On June 17, 2019, on an application made by Canadian Imperial Bank of Commerce, an order was granted appointing MNP Ltd. as receiver, without security of the assets and property of Satin Finish Hardwood Flooring, Limited (the "Debtor") for the sole purpose of (i) completing the sale transaction contemplated by an agreement of purchase and sale between the Debtor and 2340125 Ontario Inc. previously approved by the Ontario Superior Court of Justice...

Satin Finish Hardwood Flooring, Limited ("Satin Flooring") is a Toronto-based manufacturer of solid and engineered hardwood and importer/distributor of laminate and luxury vinyl flooring. Satin Flooring services the Ontario and Western Canada's builder market as well as some of Canada's most prestigious home builders and flooring contractors. Satin Flooring has a retailer network servicing the greater Toronto area as well as several established customers...

On June 15, 2019, Satin Flooring failed to file the Proposal within the extension of the period granted by the Ontario Superior Court of Justice under the s.50.4(9) of the Act and is deemed to have thereupon made an assignment pursuant to s.50.4(8)(b) of the Act. MNP Ltd. was appointed as the trustee (the “Trustee”) of the estate of Satin Flooring's bankruptcy.

On August 29, 2017, MNP Ltd. became Receiver of SavvyDoc Inc. (the "Debtor") pursuant to a General Security Agreement held by Business Development Bank of Canada.