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May 24, 2011

MNP merges with Herpers Chagani Gowling

Meyers Norris Penny (MNP), a Canadian member
firm of Praxity, has merged with Ontario based insolvency firm
Herpers Chagani Gowling (310 DEBT).

310 DEBT provides services in debt
reorganisation, reduction and elimination through the Bankruptcy
and Insolvency Act proposal and bankruptcy processes, credit
counselling and direct negotiation with creditors.

The firm also provides credit counselling,
consumer proposal and personal bankruptcy services. It operates
from four regional offices in Hamilton, Kitchener, Mississauga and
London, as well as 20 satellite offices across south western

The merger, effective from 1 August, will add
35 staff to the MNP team, including four bankruptcy trustees:
president Alex Herpers, senior vice president Mahmood Chagani,
senior vice president David Gowling and vice president Melanie

MNP now delivers a wide range of insolvency
services to help individuals and corporations successfully manage
financial issues from more than 90 locations across Canada,
including 24 in south western Ontario.

“MNP is very excited about this merger. Not
only will we be strengthening our insolvency practice by gaining
additional expertise and resources in 15 existing MNP locations, we
are adding 9 new locations to help us meet the financial needs of
the community and marketplace.

“From a business perspective, this is an
exciting opportunity, but our top priority at the moment is to work
closely with 310 DEBT to ensure that the transition is smooth for
all clients and team members,” MNP chief executive Daryl Ritchie


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