#Claims
11370863 Canada inc. filed an assignment in bankruptcy on May 2, 2024, commencing the estate under Raymond Chabot inc. as trustee.
Source: Avis de la faillite et de la première assemblée des créanciers
11370863 Canada inc. – Stace Solutions Solaires Europe inc.
FollowActive
- Proceeding
- Bankruptcyparagraphe 102(1) de la Loi
- File
- 200-11-029321-240
Filings held1
Last activity2 May 2024
On the record872 days
Secured debt$52.4M
OverviewSummary updated
11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) filed an assignment in bankruptcy on May 2, 2024, with Raymond Chabot inc. as trustee (syndic), in the Superior Court of Québec under court file 200-11-029321-240. The proceeding is active. The bankrupt's statement of affairs, as at April 26, 2024, reported a deficit of CAD 53,385,184.30, with total liabilities of CAD 53,602,761.00 against assets of CAD 217,576.70. The Banque de Montréal held a secured claim of CAD 52,370,000.00, secured by shares of Stace Solutions Renouvelables inc. and SPES Les Omergues and an assignment of accounts receivable. Unsecured creditors included 9233145 Canada inc. at CAD 728,961.00 and Saint-Augustin Canada Électrique inc. at CAD 503,800.00.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
11370863 Canada inc. – Stace Solutions Solaires Europe inc.
Trustee in bankruptcy
Raymond Chabot
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Banque de Montréal · in 43 cases100% of shares of Stace Solutions Renouvelables inc.; 49% of shares of SPES Les Omergues; assignment of accounts receivable ('CAR - Compte-clients') — Statement of Affairs (Form 78), List B. Estimated realizable value of security $217,576.70; unsecured balance of claim $52,152,423.30 per Statement of Affairs. — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 25 Apr 2024 | $52.4M | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | 9233145 Canada inc. - Stace Solutions SolairesRelated party (affiliated entity name overlap with bankrupt's prior name) — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $729K | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | 8956278 Canada inc. - Saint-Augustin Canada Électrique inc.debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $504K | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | Agence du Revenu du Canada (QC) · in 719 casesListed with nil amount — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $0 | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | Ministère du Revenu du Québec (Mtl) · in 641 casesListed with nil amount — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $0 | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | CNESST - Montréal · in 147 casesListed with nil amount — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $0 | Avis de la faillite et de la première assemblée des créanciers |
| 8 | Unsecured | Receveur Général du Canada (PPS) · in 61 casesListed with nil amount — debtor: 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) · as of 26 Apr 2024 | $0 | Avis de la faillite et de la première assemblée des créanciers |
Estate financialsReported figures — never derived
Total assets at filing$218K
Total liabilities at filing$53.6M
As at 26 Apr 2024 · per as declared and estimated by the Bankrupt (Statement of Affairs, Form 78) · entity - 11370863 Canada inc. (formerly Stace Solutions Solaires Europe inc.) — Total assets computed by document as $217,576.70 with a resulting deficit of $53,385,184.30; total liabilities of $53,602,761.00 comprises unsecured creditors $1,232,761.00, secured creditors $52,370,000.00, preferred creditors $0.00, and contingent/trust claims $0.00, as stated in Form 78 (not independently summed).
Documents1 filing
| Date | Document | File |
|---|---|---|
Avis de la faillite et de la première assemblée des créanciers
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “11370863 Canada inc. – Stace Solutions Solaires Europe inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/11370863-canada-inc-stace-solutions-solaires-europe-inc