Proceedings.

14031253 Canada Inc.

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Proceeding
NOIsubsection 50.4(1) of the Bankruptcy and Insolvency Act
File
500-11-067569-265
Filings held8
Last activity1 Sep 2026
On the record100 days
OverviewSummary updated

14031253 Canada Inc. filed a notice of intention under the Bankruptcy and Insolvency Act on July 28, 2026, the filing that commenced this proceeding. The record carries no court, judicial centre or province for the matter, and no proposal, creditors' meeting or subsequent step has been recorded since the filing date. The proceeding remains active. Creditors and counsel following this file have a single dated milestone to work from at this stage: the July 28, 2026 notice of intention date.

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Case updates8 dated entries

Outcome brief

Patty Slaps: a staff-owned buyer takes the downtown restaurant for $90,000

Thirty days after filing a notice of intention, the company behind the Patty Slaps restaurant on Sainte-Catherine Street West won approval to sell it, brand included, for $90,000 to a buyer owned and directed by its employees, which undertakes to keep all 26; MNP estimates $60,000 net against $3,690,836 of debt and says any residue would likely go to the tax authorities.

Parties

Debtor

14031253 Canada Inc.

Proposal trustee

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)ARC - Taxe - Québec · in 169 casesas of NOI filing date — Account marked 'DAS' (déductions à la source / source deductions) - deemed trust claim — debtor: 14031253 Canada Inc.$454KNotice to Creditors of Intention to make a Proposal
3Deemed trusts (CRA and other)
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

18 more claims in 2 classes The stack holds Deemed trusts (CRA and other) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Sale approved — Transaction approuvée par l'ordonnanceApproval and Vesting Order and Extension of Time to File a Proposal… · 27 Aug 2026

Bid deadline (round closed)

20 August 2026

Conditions of Sale

PurchaserPriceStatusSource
9574-1245 Québec Inc.les Actifs achetés décrits dans laditeLettred'intention · asset saleSealedApproved27 Aug 2026Approval and Vesting Order and Extension of…
AdvisorsMNP Ltd. (sale agent)Teaser
Closing termsDévolution sur émission du Certificat du Syndic conforme au formulaire de l'annexe AApproval and Vesting Order and Extension of Time to File a Proposal…
Documents8 filings
DateDocumentFile
Notice to Creditors of First Extension of delay (until October 11, 2026)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Approval and Vesting Order and Extension of Time to File a Proposal (French only)
  • Closing terms Dévolution sur émission du Certificat du Syndic conforme au formulaire de l'annexe A
  • Order date 27 August 2026
  • Purchaser 9574-1245 Québec Inc. · les Actifs achetés décrits dans laditeLettred'intention · asset sale · approved
  • Sale outcome Sale approved — Transaction approuvée par l'ordonnance
  • + 2 more extracted facts
PDF · Subscribers
Motion for an Approval and Vesting Order and for an Extension of Time to File a Proposal (French only)PDF · Subscribers
Trustee's Report in Support of the Motion for an Approval and Vesting Order and for an Extension of Time to File a Proposal (French only)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Conditions of Sale
  • Bid deadline 20 August 2026
  • Sale outcome Marketed — Trustee (MNP Ltd.) calls for tenders for the assets of 14031253 Canada Inc. f.a.s. Restaurant Patty Slaps, sold as is, where is; tenders due August 20, 2026 at 11:59 PM.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Teaser
  • Bid deadline 20 August 2026
  • Sale advisor MNP Ltd. (sale agent)
PDF · Subscribers
Notice to Creditors of Intention to make a Proposal
  • Appointee MNP LTÉE.
  • Appointee role Syndic - Trustee
  • Commencement date 28 July 2026
  • Court COUR SUPÉRIEURE
  • + 6 more extracted facts
PDF · Subscribers
Certificate of Filing of Notice of Intention to make a Proposal
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 28 July 2026
  • Court file no 500-11-067569-265
  • + 1 more extracted fact
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., “14031253 Canada Inc.” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/14031253-canada-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/14031253-canada-inc

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.