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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 Ontario.

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 Fuller.

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 said.


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