Corporate team reviewing their restructuring plan

Corporate Engagements

MNP Corporate Engagements is an information source for those with interests in businesses where MNP is currently acting as a formal monitor, receiver, interim receiver, liquidator or Licensed Insolvency Trustee.

Please see our current Corporate Engagements below. If an engagement is missing, it may be in the archive. Please contact us for details of any current Corporate Engagement.

If you would like an accessible copy of a document, please submit a request to webaccessibility@mnp.ca with the document URL.

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Xclusive Muscle and Fitness Club Inc

On May 27, 2024 MNP was appointed receiver of Xclusive Muscle & Fitness Club Inc.

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Xirix Network Corporation

On May 24, 2023, Xirix Network Corporation filed an assignment in bankruptcy, which was accepted by the Office of the Superintendent of Bankruptcy Canada and became effective on May 25, 2023 and MNP Ltd. was appointed as the Licensed Insolvency Trustee, subject to affirmation by the creditors at the first meeting of creditors which is scheduled on Ju ne 13, 2023.

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Yorkton Plumbing & Heating Ltd

Yorkton Plumbing & Heating Ltd. (the "Company") owned and operated a plumbing and heating company based out of Yorkton, Saskatchewan. On February 6, 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 27 th of February 2024 at 11:00 AM MST respectively. Call in details can be found...

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Yuk Cheung Lee

On December 24th, 2020, Justice Sally Gomery appointed MNP LTD. as receiver in respect of the property for Yuk Cheung Lee located 330 & 332 Wilbrod Street. The appointment of the Receiver became necessary as the debtor was unable to enter into a firm purchase and sale agreement, unable to arrange for insurance and ceased to pay for utilities.

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Zao Trading Corporation

Overview Zao Trading Corporation (the “Company”) owns and operates five (5 ) retails shops in British Columbia under the following names: Replay Board Shop; Authentic Board Supply; Heritage Board Shop; and One-Six. The Company sells skateboard, longboard and snowboard goods, including apparel, shoes and accessories. File Updates On April 8, 2016 the Proposal obtained...

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Zargon Oil & Gas Ltd., Zargon Oil & Gas Partnership and Zargon US Holdings Ltd.

On September 8, 2020, Zargon Oil & Gas Ltd., Zargon Oil & Gas Partnership and Zargon US Holdings Ltd. submitted a Notice of Intention to Make a Proposal, and MNP Ltd. consented to act as the Trustee. On November 13, 2020, a consolidation Order was granted, and a Proposal was filed for Zargon Oil & Gas Ltd., Zargon Oil & Gas Partnership and Zargon US Holdings. Please see the Letter to Creditors below, along with all the Proposal...

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Zeal Electric Inc.

Zeal Electric Inc. filed a Notice of Intention to Make a Proposal on February 16, 2017, and MNP LTD consented to act as Trustee under the proposal. On June 2, 2017, the company was deemed bankrupt pursuant to the non-filing of a proposal.

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Zio's Pizza Kitchen Ltd.

Zio's Pizza Kitchen Ltd. filed a Notice of Intention to Make a Proposal naming MNP Ltd. as the Proposal Trustee on July 8, 2019. The Proposal was accepted by the required majority at the Reconvened Meeting of Creditors held on December 5, 2019.

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