Proceedings.

10542113 Canada Inc. and Flora Ltd.

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Closed
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
500-11-060843-220
Filings held4
Last activity13 May 2026
On the record1,041 days
Secured debt$39.7M
OverviewSummary updated

10542113 Canada Inc. and Flora Ltd. are the subjects of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Superior Court of Québec (Commercial Division), carried under court file number 500-11-060843-220. The proceeding commenced on May 13, 2026, the same date on which the court granted an interim order, the only step recorded in the file. The matter is now recorded as closed.

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Case updates4 dated entries
Parties

Debtor

10542113 Canada Inc. and Flora Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 2 named without a figure
#Priority classCreditorAmountSource
4SecuredRomspen Investment CorperationReal Property or Immovable - Building and Land - Lachine - Saint-Joseph Blvd. — Estimated value of security $20,000,000.00; balance of claim (deficiency) $19,654,261.64 also listed in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$39.7MNotice of Bankruptcy and First Meeting of Creditors
4SecuredHRM Projet Villanova Inc. · in 2 casesReal Property or Immovable - Building and Land - Lachine - Saint-Joseph Blvd. — Estimated value of security $0.00; entire claim reflected as deficiency in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$7MNotice of Bankruptcy and First Meeting of Creditors
4SecuredAviva Insurance Company of Canada (Promettants/Acheteurs) · in 12 casesReal Property or Immovable - Building and Land - Lachine - Saint-Joseph Blvd. — Estimated value of security $0.00; entire claim reflected as deficiency in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$6.46MNotice of Bankruptcy and First Meeting of Creditors
4SecuredLes Entreprises QMD Inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1.54MNotice of Bankruptcy and First Meeting of Creditors
4SecuredRevetement Exterieur Raymond inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$878KNotice of Bankruptcy and First Meeting of Creditors
4SecuredGroupe Lessard inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$589KNotice of Bankruptcy and First Meeting of Creditors
4SecuredLe Groupe Dr Electrique Inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$568KNotice of Bankruptcy and First Meeting of Creditors
4SecuredConstruction PF Excel inc. · in 2 casesBusiness Assets - Stock In Trade - Portes et fenêtres de PFexcel — Estimated value of security $172,000.00; balance of claim (deficiency) $137,173.18 also listed in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$309KNotice of Bankruptcy and First Meeting of Creditors
4SecuredAC Royal Climatisation et Chauffage Inc.Business Assets - Stock In Trade - HVAC - Climatisation de ACROYAL — Estimated value of security $1.00; balance of claim (deficiency) $228,800.00 also listed in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$229KNotice of Bankruptcy and First Meeting of Creditors
4SecuredSTC Acoustique 2015 Inc. · in 3 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$206KNotice of Bankruptcy and First Meeting of Creditors
4SecuredDouglas, Tammy McComber, Tekawa'Tsiraken (Béton JFK Concrete) · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$149KNotice of Bankruptcy and First Meeting of Creditors
4SecuredGroupe LMT Inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$118KNotice of Bankruptcy and First Meeting of Creditors
4SecuredSintra inc. · in 4 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$61.8KNotice of Bankruptcy and First Meeting of Creditors
4SecuredLocation Benoit Inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$34.7KNotice of Bankruptcy and First Meeting of Creditors
4SecuredGroupe Altair inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$29.5KNotice of Bankruptcy and First Meeting of Creditors
4SecuredSolarcom Inc. · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$29.3KNotice of Bankruptcy and First Meeting of Creditors
4Secured9015-9849 Quebec Inc., AARCO · in 2 casesNo security particulars stated; estimated value of security $0.00; entire claim reflected as deficiency (balance of claim) also appearing in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$17.9KNotice of Bankruptcy and First Meeting of Creditors
4SecuredMultiforme Metal Inc.Estimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$14.9KNotice of Bankruptcy and First Meeting of Creditors
4SecuredCommission des Normes du Travail · in 7 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
4SecuredVille de Montréal - Finances · in 3 casesMunicipal claimant; estimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
4SecuredCommission Scolaire de Montréal · in 2 casesEstimated value of security $0.00; balance also in List A unsecured — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredRomspen Investment CorperationBifurcated: also listed as secured creditor (List B), claim $39,654,261.64, security value $20,000,000.00, deficiency $19,654,261.64 — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$19.7MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredHRM Projet Villanova Inc. · in 2 casesBifurcated: also listed as secured creditor (List B) secured by real property, estimated security value $0.00, full claim is deficiency — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$7MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredAviva Insurance Company of Canada (Promettants/Acheteurs) · in 12 casesBifurcated: also listed as secured creditor (List B) secured by real property, estimated security value $0.00, full claim is deficiency — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$6.46MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLes Entreprises QMD Inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1.54MNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredRevetement Exterieur Raymond inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$878KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGroupe Lessard inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$589KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLe Groupe Dr Electrique Inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$568KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredFasken Martineau - Montréal · in 3 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$258KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredBaoding Robtech Construction Co. Ltd. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$255KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredCuisine Crotone Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$235KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredAC Royal Climatisation et Chauffage Inc.Bifurcated: also listed as secured creditor (List B) with claim $228,801.00, security value $1.00, deficiency $228,800.00 — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$229KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSTC Acoustique 2015 Inc. · in 3 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$206KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredDouglas, Tammy McComber, Tekawa'Tsiraken (Béton JFK Concrete) · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$149KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredConstruction PF Excel inc. · in 2 casesBifurcated: also listed as secured creditor (List B), claim $309,173.18, security value $172,000.00, deficiency $137,173.18 — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$137KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGroupe LMT Inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$118KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9270-6258 Quebec Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$113KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredFoshan hanse Industrial Co. Ltd. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$107KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredÉNERGIR (formerly Gaz Métro) · in 30 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$84KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredWestmount Guarantee Services Inc. · in 16 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$74.7KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSintra inc. · in 4 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$61.8KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredHangzhou Longpine Industry Co. Ltd. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$52.5KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLes Produits Fraco Ltée · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$45KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredStikeman Elliott s.e.n.c.r.l. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$42.9KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9363-9888 Quebec Inc. (Sanivac) · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$35.9KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLocation Benoit Inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$34.7KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLocation Equip-Expert · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$34KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGroupe Altair inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$29.5KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSolarcom Inc. · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$29.3KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredIME Experts-Conseils Inc. · in 3 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$22.5KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9015-9849 Quebec Inc., AARCO · in 2 casesBifurcated: claim also filed as secured (List B); entire amount is balance of claim (security value nil) — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$17.9KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredBTY Consultancy Group Inc. · in 4 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$17.5KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredMultiforme Metal Inc.Bifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$14.9KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGroupe Sutton Clodem Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$11.9KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredRéfection Phoenix Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$10.7KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredÉquipe SP Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$10.1KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLemay Co Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$9.19KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredLocation Équipements Cooper · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$7.23KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredÉchafauds Plus (Laval) Inc. · in 5 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$6.61KNotice of Bankruptcy and First Meeting of Creditors
8Unsecured9220-5624 Quebec Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$6.12KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredEntretien Geniux Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$6.09KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredKW Urbain · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$5.51KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredRemax Haute Performance Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$4.3KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredForest Hill · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$4.2KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGénipur Structure et Ouvrages d'Art Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$4KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredG D Enviro Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$2.44KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredIsolation Confort · in 3 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$2.11KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredGrues J.M. Francoeurs Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$2.07KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredExtincteurs Nationex Inc. · in 3 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1.66KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredPrévost notaires inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1.42KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredFabrication AMC Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1.08KNotice of Bankruptcy and First Meeting of Creditors
8UnsecuredSignalisation Como Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$905Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredRégie du bâtiment du Québec · in 24 casesRegulatory claimant — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$870Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredHuiles Diesel A. Roy Inc. · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$418Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredVideotron S.E.N.C. · in 25 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$172Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredCommission des Normes du Travail · in 7 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredARC - Taxe - Québec (CRA) · in 168 casesDeemed trust class (CRA) — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredAssociation des Constructeurs du Québec (ACQ) · in 2 casesdebtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredAgence du revenu du Québec · in 272 casesDeemed trust class (Revenu Québec) — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredVille de Montréal - Finances · in 3 casesBifurcated: also listed as secured creditor (List B), security value nil; municipal claimant — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredCommission Scolaire de Montréal · in 2 casesBifurcated: also listed as secured creditor (List B), security value nil — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$1Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredLeroux Côté Burrogano, notaires · in 2 casesListed with nil claim amount — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$0Notice of Bankruptcy and First Meeting of Creditors
8UnsecuredEmploi et développement social Canada (ESDC) · in 3 casesListed with nil claim amount — debtor: 10542113 Canada Inc. and Flora I Limited Partnership · as of 14 Nov 2023$0Notice of Bankruptcy and First Meeting of Creditors
RecoveriesAs stated in the filings

Secured creditors: shortfall.EstimatedTrustee's Report on Preliminary Administration · 15 Dec 2023

ClassCreditorClaimsRecoveryBasisSource
SecuredshortfallEstimatedper the trusteeTrustee's Report on Preliminary Administration · 15 Dec 2023

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$20.2M
Total liabilities at filing$59.4M

As at 14 Nov 2023 · per Statement of Affairs (Form 78) as stated and estimated by the officer · Combined/joint filing entity - 10542113 Canada Inc. and Flora I Limited Partnership — Total unsecured creditors (List A) $39,188,090.32 = unsecured claims $1,476,947.06 + balance of secured claims (deficiency, List B) $37,711,143.26; Secured creditors line on summary ($20,172,001.00) reflects estimated value of security (List B total), while total secured claims asserted (List B) are $57,883,144.26; Preferred creditors (List C) and Contingent liabilities (List D) both nil; Surplus stated as NIL, Deficiency $39,188,090.32

Documents4 filings
DateDocumentFile
Court Order for the Trustee's Discharge (French only)
  • Commencement date 13 May 2026
  • Court COUR SUPÉRIEURE
  • Court file no 500-11-060843-220
  • Presiding officer Judge Patrick Gosselin
  • + 1 more extracted fact
PDF
Trustee's Report on Preliminary Administration
  • Financial position Assets $20.2M · Liabilities $59.4M · as at — · per As per the Statement of Affairs (trustee's preliminary/estimated figures); assets stated as estimated value with no realization to date · Consolidated basis for both Debtors: 10542113 Canada Inc. and Flora I Limited Partnership — Liabilities total includes secured creditors ($57,883,144) and unsecured creditors ($1,476,947) per Statement of Affairs; proofs of claim received to date show a different total ($55,502,557: $35,980,383 secured + $19,522,174 unsecured). Anticipated realization is stated as insufficient to pay secured creditors in full, so no dividend anticipated for unsecured creditors.
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2023-12-15 · Table missing:
  • Secured creditors $4.77M · Note: Romspen has subrogated various parties holding these legal hypothecs for $14,435,417; the $4,769,646 figure represents the remaining unsubrogated legal hypothecs. Proofs of claim received to date total $737,380, differing from the Statement of Affairs figure. · Page: 2 · As of: Statement of Affairs · Debtor: 10542113 Canada Inc. & Flora I Limited Partnership (consolidated) · Creditor: Parties holding legal hypothecs of construction against the Flora Property · Security: Legal hypothecs (construction liens) ranking above conventional hypothecs against the Flora Property
PDF
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position Assets $20.2M · Liabilities $59.4M · as at 14 Nov 2023 · per Statement of Affairs (Form 78) as stated and estimated by the officer · Combined/joint filing entity - 10542113 Canada Inc. and Flora I Limited Partnership — Total unsecured creditors (List A) $39,188,090.32 = unsecured claims $1,476,947.06 + balance of secured claims (deficiency, List B) $37,711,143.26; Secured creditors line on summary ($20,172,001.00) reflects estimated value of security (List B total), while total secured claims asserted (List B) are $57,883,144.26; Preferred creditors (List C) and Contingent liabilities (List D) both nil; Surplus stated as NIL, Deficiency $39,188,090.32
  • Secured creditors $1 · Note: Municipal claimant; estimated value of security $0.00; balance also in List A unsecured · Page: 8 · As of: 2023-11-14 · Debtor: 10542113 Canada Inc. and Flora I Limited Partnership · Creditor: Ville de Montréal - Finances
  • Unsecured creditors $1.42K · Page: 5 · As of: 2023-11-14 · Basis: Statement of Affairs List A - Unsecured Creditors as stated and estimated by the officer · Debtor: 10542113 Canada Inc. and Flora I Limited Partnership · Creditor: Prévost notaires inc.
PDF
Certificate of Appointment
  • Appointee MNP Ltd / MNP Ltée
  • Appointee role trustee
  • Commencement date 15 November 2023
  • Court file no 500-11-060843-220
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “10542113 Canada Inc. and Flora Ltd.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/10542113-canada-inc-and-flora-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/10542113-canada-inc-and-flora-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.