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July 14, 2011updated 29 Apr 2022 12:36pm

MNP merges with Toronto firm

Meyers Norris Penny (MNP), a Canadian member of Praxity, will merge with Toronto based insolvency firm Stern Cohen Shier.

Stern Cohen Shier specialises in consumer proposals, division 1 proposals, personal bankruptcy and corporate bankruptcy as well as financial debt counselling services.

The firm, which has four staff, is headquartered in Toronto and has offices in Scarborough, Woodbridge and Etobicoke.

“With this merger not only will we be strengthening our insolvency practice by gaining additional expertise and resources in communities we already operate in but we will also be helping clients regain financial balance in Etobicoke and Woodbridge,” MNP chief executive Daryl Ritchie said.

In May, MNP also acquired Ontario based insolvency firm Herpers Chagani Gowling. With these mergers MNP aims to deliver a wide range of insolvency services from more than 90 locations across Canada, the firm said.


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