1228 Mansfield Development GP Inc., 9399-6767 Québec Inc., 1201-1215 Phillips Square Phase II Development GP Inc. and 9368-9008 Québec Inc., together with four related limited partnerships corresponding to the Mansfield Condos and the three Phillips Square phases, have been under CCAA protection before the Superior Court of Québec (Commercial Division) at Montréal since January 14, 2026, with Raymond Chabot Inc. as monitor. A claims process approved February 3, 2026 was amended on March 12, March 31, June 11 and July 28, with bar dates running from March 27 to September 15, 2026. Sales were approved on June 18 and July 28, 2026, the later date also producing two reverse vesting orders. Purchasers named in the record are Okto Investments Inc. and New Castle Hotels LLC, Les Placements Rivière Gatineau Incorporée, and Société en Commandite Square Phillips Résidences. The case remains active, with eight monitor's reports filed through July 24, 2026.
The claims bar date has passed — claims were due by
Per the 2026-07-28 Claims Procedure Order - PSQ2 et Mansfield (in French) dated 28 July 2026.
Approved a reverse vesting transaction under a subscription agreement, closing on issuance of the monitor's certificate confirming payment of the subscription price and satisfaction of the closing conditions.
Source: 2026-07-28 Approval and Reverse Vesting Order (Mansfield)
Second reverse vesting order of July 28; residual companies named in the record are 9572-7590 and 9572-7616 Québec Inc. and 9572-7632 and 9572-7640 Québec Inc.
Source: 2026-07-28 Approval and Reverse Vesting Order (PSQ2)
Further order on the claims process, issued the same day as the July 28 sale approvals and reverse vesting orders.
Source: 2026-07-28 Claims Procedure Order - PSQ2 et Mansfield (in French)
Another July 28 order granting interim relief, the last order recorded in the proceedings to date.
Sale approval of July 28; the Okto purchase and sale agreement dated July 23, 2026 was sealed until the earlier of final closing or further order.
Source: 2026-07-28 Ordonnance d'approbation et dévolution inversée (PSQ2) (en anglais)
Further approval and vesting order, with vesting on the monitor's inventory and backstop certificates; the backstop closing constitutes the final closing of the transaction.
Additional interim order of July 28, 2026 issued in the Commercial Division at Montréal.
Source: 2026-07-28 Rectified Discharge Order - Ipso Facto (in French)
2026-07-27 Application for the Rectification of the Discharge Order - Ipso Facto — Application / notice of application
Eighth report, covering construction oversight, coordination with the CRO and head-office entities, condo purchaser communications, warranty plans for PSQ2 and Mansfield, and progress on the PSQ1 Ipso Facto transaction.
2026-07-23 Application - Order establishing a claims process (PSQ2 and Mansfield) (in French) — Application / notice of application
2026-07-23 Application for Approval and Vesting Order (Okto) (PSQ3) — Application / notice of application
2026-07-23 Application for the Issuance of ARVOs (PSQ2 and Mansfield) — Application / notice of application
Approved a sale; the first amendment to the Ipso Facto purchase and sale agreement bears the same date and was filed under seal.
Companion order of June 18, 2026 granting further interim relief alongside the sale approval of that date.
Further order on the claims process; the record also notes a notice sent to promisors by email that day, later filed under seal.
Source: 2026-06-11 Judgement to modify the Claims Process (in French)
Seventh report, covering receipts and disbursements, construction advancement, SISP meetings, the PSQ1 claims process and updated cash-flow projections; its Schedules F and G were later sealed.
2026-06-09 Motion to modify the Claims Process (in French) — Application / notice of application
2026-06-08 Application for a an Approval and Vesting Order - PSQ1 Condo component — Application / notice of application
The stay of proceedings was extended to 2026-06-12.
Source: 2026-06-02 Fourth Amended and Restated Initial Order
Sixth report, describing continued operational, restructuring and SISP-related work, including communications with Magil, GIR, purchasers, the CRO and the lenders.
2026-05-28 Monitor's Application for the issuance of a Fourth Amended and Restated Initial Order — Application / notice of application
Fifth report: daily supervision continued since the fourth report, with the financial situation and change in cash position reviewed and communicated weekly to the applicant and its counsel.
2026.05.06 - Motion to Dismiss of Bank of Montreal - Requête pour directives of Rep Counsel — Application / notice of application
Fourth report to the Court, covering the monitor's continued involvement in operational, restructuring and SISP-related matters since the previous report.
2026-04-23 Application for an Extension of the Stay of Proceedings — Application / notice of application
2026-04-07 Monitor's Application for Directions in relation to the guarantees of PSQ1 (in French) — Application / notice of application
Re-amended the claims process, further revising the order first issued February 3 and amended March 12, 2026.
Source: 2026-03-31-Re-Amended-Claims-Process-Order-in-French
Re-amended claims order of March 31, 2026, as identified in later filings describing the sequence of claims process orders.
2026-03-27-Modified-Application-Extension-of-the-deadline-to-submit-claims-for-PSQ1-buyers-in-French — Application / notice of application
The stay of proceedings was extended to 2026-05-01.
Source: 2026-03-12 Second Amended and Restated Initial Order
Amended the claims process order of February 3, 2026, adjusting the regime for filing and determining claims against the debtors.
Third report, updating the Court on developments since the second report and setting out the monitor's recommendations on the relief then sought.
2026-03-06 Application for an Extension of the Stay of Proceedings and Other Relief — Application / notice of application
Approved a claims process for the debtors, with claims to be filed with Raymond Chabot Inc. at its Montréal office.
Further order granted February 3 alongside the claims process order, continuing interim relief in the proceedings.
Claims process order of this date, identified in later filings as the order subsequently amended and re-amended in March 2026.
Source: PSQ1 - Notice - Claims process
Second report: the monitor recorded continued daily supervision of the debtors' business, operations and financial situation since the first report.
2026-01-30 Application - Increase of Interim Financing (PSQ2 and PSQ3) — Application / notice of application
2026-01-29 Application - Order establishing a claims process (in French) — Application / notice of application
Granted the relief the monitor had recommended for the comeback hearing, continuing the CCAA regime nine days after commencement.
Source: 2026-01-23 - Order Extending the Stay of Proceedings
First report to the Court, in which the monitor supported the relief sought on the application and the proposed ARIO at the comeback hearing.
2026-01-23-Reamended-Application-Initial-Order-ARIO-and-Bidding-Procedures-Order — Application / notice of application
2026-01-22 – Amended Application - Initial Order, Amended and Restated Initial Order and Bidding Procedures Order — Application / notice of application
Companion order issued the same day the proceedings commenced in the Commercial Division at Montréal.
Commenced the CCAA proceedings, granting initial relief to the four general partner debtors and their related limited partnerships and appointing Raymond Chabot Inc. as monitor.
Source: 2026-01-14 Initial Order
1228 Mansfield Development GP Inc., 9399-6767 Québec Inc., 1201-1215 Phillips Square Phase II Development GP Inc., and 9368-9008 Québec Inc., together with four related limited partnerships corresponding to the Mansfield Condos and the three Phillips Square phases — CCAA filed, Québec.
2026-01-13 - Application - Initial Order, Amended and Restated Initial Order and Bidding Procedures Order — Application / notice of application
Precedent note
On September 15 Justice Myers approved a reverse vesting order while asking whether its reasons were good ones. Across fifteen proceedings this year, the reasons filed come down to permits and licences that take weeks to a year to replace, tax losses and transfer tax, contracts needing consent, a Crown deemed trust, and buyers who would buy no other way.
Outcome brief
Phillips Square: the permits that could not move
Bank of Montreal put four Brivia entities into CCAA in January. On July 28 Justice Pinsonnault approved two reverse vesting orders and one conventional sale — and the reason the structures differ is a City of Montréal construction permit.
Debtor
1228 Mansfield Development GP Inc., 9399-6767 Québec Inc., 1201-1215 Phillips Square Phase II Development GP Inc., and 9368-9008 Québec Inc., together with four related limited partnerships corresponding to the Mansfield Condos and the three Phillips Square phases
Applicant
BMO
Monitor
Raymond Chabot
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Pinsonnault | Superior Court of Québec | 19 orders, Jan 2026 – Jul 2026 | 31 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorRaymond Chabot | McCarthy Tétrault LLP · Nicolas Boudreau | 17 Jun 2026 | Order · 28 Jul 2026 |
| Debtor1228 Mansfield Development GP Inc., 9399-6767 Québec Inc., 1201-1215 Phillips Square Phase II Development GP Inc., and 9368-9008 Québec Inc., together with four related limited partnerships corresponding to the Mansfield Condos and the three Phillips Square phases | Fasken Martineau DuMoulin LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorBank of Montreal | Davies Ward Phillips & Vineberg LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorBanque Royale du Canada | Dentons Canada LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorBrivia Family Investments Inc | Fishman Flanz Meland Paquin LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorCoffrages Thibault Inc | Donati Maisonneuve s.e.n.c.r.l. | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorConsultations J.S. Inc | Woods LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorGamma Windows and Walls International Inc | Norton Rose Fulbright Canada LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorGuy Laliberté | CAIN LAMARRE, s.e.n.c.r.l. | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorJack Arduini Investments Inc | Woods LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorMr. Giacinto Arduini & MRS. Isabella Arduini | Woods LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorPetrifond | Dentons Canada LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorSofia Pina | Dentons Canada LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorTravelers Insurance Company of Canada | Grandpré Chait | 9 Jun 2026 | Application · 9 Jun 2026 |
| CreditorTryco Investments Inc | Woods LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 297 casesPSQ2 Security: first-ranking immovable hypothec of $168,000,000 (plus 20% additional, 25% interest) reg. no. 28,245,082 (Aug. 30, 2023); conventional movable hypothec of $168,000,000, RDPRM 23-1026674-0001 (registered principal amounts, not balances) — Member of PSQ2 Syndicate; BMO acts as administrative agent/hypothecary representative — debtor: PSQ2 LP (1201-1215 Phillips Square Phase II Development Limited Partnership) · as of 7 Jan 2026 | $77.9M | 2026-01-13 - Application - Initial Order, Amended and Restated Initial Order and Bidding Procedures Order |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
182 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans3 transactions · 3 approved2026-07-28 Approval and Reverse Vesting Order (PSQ2) · 28 Jul 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Société en Commandite Square Phillips Résidences | not stated | Approved18 Jun 2026 | 2026-06-18 Approval and Vesting Order - Ipso… |
| Les Placements Rivière Gatineau Incorporée, on behalf of itself and the Designated Subscriber(s), as subscriberResidualCo: ResidualCo 1 (9572-7632 Québec Inc.) and ResidualCo 2 (9572-7640 Québec Inc.) | not stated | Approved28 Jul 2026 | 2026-07-28 Approval and Reverse Vesting Order… |
| Okto Investments Inc. and New Castle Hotels LLC | not stated | Approved28 Jul 2026 | 2026-07-28 PSQ3 - Approval and Vesting Order… |
Closed · the record states no distribution outcome.
As at ·
Cumulative receipts
$73.2M
As at 24 Jul 20262026-07-24 Eighth report of the Monitor
Cash on hand
As at
Professional fees
As at
2 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
2026-07-28 Approval and Reverse Vesting Order (Mansfield)
| PDF · Subscribers | |
2026-07-28 Approval and Reverse Vesting Order (PSQ2)
| PDF · Subscribers | |
2026-07-28 Claims Procedure Order - PSQ2 et Mansfield (in French)
| PDF · Subscribers | |
2026-07-28 Discharge Order - Okto (in French)
| PDF · Subscribers | |
2026-07-28 Discharge Order - PSQ2 (in French)
| PDF · Subscribers | |
2026-07-28 PSQ3 - Approval and Vesting Order (Okto)
| PDF · Subscribers | |
2026-07-28 Rectified Discharge Order - Ipso Facto (in French)
| PDF · Subscribers | |
| 2026-07-27 Application for the Rectification of the Discharge Order - Ipso Facto | PDF · Subscribers | |
2026-07-24 Eighth report of the Monitor
| PDF · Subscribers | |
| 2026-07-23 Application - Order establishing a claims process (PSQ2 and Mansfield) (in French) | PDF · Subscribers | |
| 2026-07-23 Application for Approval and Vesting Order (Okto) (PSQ3) | PDF · Subscribers | |
| 2026-07-23 Application for the Issuance of ARVOs (PSQ2 and Mansfield) | PDF · Subscribers | |
2026-06-18 Approval and Vesting Order - Ipso Facto
| PDF · Subscribers | |
2026-06-18 Discharge Order - Ipso facto (in French)
| PDF · Subscribers | |
2026-06-17 Service List
| PDF · Subscribers | |
2026-06-11 Fifth Amended and Restated Initial Order
| PDF · Subscribers | |
2026-06-11 Judgement to modify the Claims Process (in French)
| PDF · Subscribers | |
2026-06-09 Motion to modify the Claims Process (in French)
| PDF · Subscribers | |
2026-06-09 Seventh Report of the Monitor
| PDF · Subscribers | |
| 2026-06-08 Application for a an Approval and Vesting Order - PSQ1 Condo component | PDF · Subscribers | |
2026-06-02 Fourth Amended and Restated Initial Order
| PDF · Subscribers | |
2026-05-29 Sixth Report of the Monitor
| PDF · Subscribers | |
| 2026-05-28 Monitor's Application for the issuance of a Fourth Amended and Restated Initial Order | PDF · Subscribers | |
| PSQ1 - Proof of claim - promissory purchaser | PDF · Subscribers | |
2026-05-19 Order on Motion to dismiss (in French)
| PDF · Subscribers | |
| Requête modifiée pour directives (2026-05-13) | PDF · Subscribers | |
PSQ-Mansfield - Fifth Report of the Monitor
| PDF · Subscribers | |
| 2026.05.06 - Motion to Dismiss of Bank of Montreal - Requête pour directives of Rep Counsel | PDF · Subscribers | |
2026-04-29 Third Amended and Restated Initial Order
| PDF · Subscribers | |
| Requête pour directives (500-11-066680-261) | PDF · Subscribers | |
2026-04-24 Fourth Report of the Monitor
| PDF · Subscribers | |
| 2026-04-23 Application for an Extension of the Stay of Proceedings | PDF · Subscribers | |
PSQ1 - Notice to promissory purchaser
| PDF · Subscribers | |
| 2026-04-07 Monitor's Application for Directions in relation to the guarantees of PSQ1 (in French) | PDF · Subscribers | |
2026-03-31-Re-Amended-Claims-Process-Order-in-French
| PDF · Subscribers | |
PSQ1 - Guide to promissory purchaser
| PDF · Subscribers | |
| 2026-03-27-Modified-Application-Extension-of-the-deadline-to-submit-claims-for-PSQ1-buyers-in-French | PDF · Subscribers | |
| PSQ1 - Proof of claim | PDF · Subscribers | |
| 2026-03-25 Monitor's Certificate (in French) | PDF · Subscribers | |
2026-03-12 Amended Claims Process Order (in French)
| PDF · Subscribers | |
2026-03-12 Second Amended and Restated Initial Order
| PDF · Subscribers | |
| 2026-03-06 Application for an Extension of the Stay of Proceedings and Other Relief | PDF · Subscribers | |
2026-03-06 Third Report of the Monitor
| PDF · Subscribers | |
| PSQ1 - Creditors' List | PDF · Subscribers | |
PSQ1 - Notice - Claims process
| PDF · Subscribers | |
2026-02-03 Claims Process Order (in French)
| PDF · Subscribers | |
2026-02-03 Interim Financing Order
| PDF · Subscribers | |
| PSQ1 - Guide to complete the proof of claim | PDF · Subscribers | |
| 2026-01-30 Application - Increase of Interim Financing (PSQ2 and PSQ3) | PDF · Subscribers | |
2026-01-30 Second report of the Monitor
| PDF · Subscribers | |
| 2026-01-29 Application - Order establishing a claims process (in French) | PDF · Subscribers | |
2026-01-26 Amended and Restated Initial Order
| PDF · Subscribers | |
2026-01-23 - Order Extending the Stay of Proceedings
| PDF · Subscribers | |
2026-01-23 First Report of the Monitor
| PDF · Subscribers | |
| 2026-01-23-Reamended-Application-Initial-Order-ARIO-and-Bidding-Procedures-Order | PDF · Subscribers | |
| 2026-01-22 – Amended Application - Initial Order, Amended and Restated Initial Order and Bidding Procedures Order | PDF · Subscribers | |
| Avis du Contrôleur - Notice of the Monitor | PDF · Subscribers | |
Mansfield - Creditors' List
| PDF · Subscribers | |
| Mansfield_Square Phillips - Notice to creditors | PDF · Subscribers | |
2026-01-14 Bidding Procedures Order
| PDF · Subscribers | |
2026-01-14 Initial Order
| PDF · Subscribers | |
| Notice to Condominium Owners and Preliminary-Contract Holders | PDF · Subscribers | |
| Q&A - Mansfield-Phillips Square Restructuring Process_ENG | PDF · Subscribers | |
2026-01-13 - Application - Initial Order, Amended and Restated Initial Order and Bidding Procedures Order
| PDF · Subscribers | |
2026-01-13 Report of the Proposed Monitor
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1228 Mansfield Development GP Inc., 9399-6767 Québec Inc., 1201-1215 Phillips Square Phase II Development GP Inc., and 9368-9008 Québec Inc., together with four related limited partnerships corresponding to the Mansfield Condos and the three Phillips Square phases” (CCAA), Superior Court of Québec · Commercial Division. Retrieved 4 November 2026, https://proceedings.ca/case/1228-mansfield-development-gp-inc-9399-6767-qu-bec-inc-1201-1215-phillips-square
Sources last checked · summary updated 6 August 2026 · Report a correction · Printed from proceedings.ca/case/1228-mansfield-development-gp-inc-9399-6767-qu-bec-inc-1201-1215-phillips-square
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.