Proceedings.

307NET

ActiveFollow
Proceeding
NOIsubsection 50.4(6) of the Bankruptcy and Insolvency Act
File
550-11-019226-258
Filings held4
Last activity18 Aug 2025
On the record503 days
Secured debtSubscribers
OverviewSummary updated

307NET filed a notice of intention to file a proposal under the Bankruptcy and Insolvency Act on June 20, 2025, with Raymond Chabot Inc. as trustee before the Superior Court of Québec under court file 33-3238880. The proceeding is active. The Municipalité de Cantley was listed as a secured creditor for $2,767,844.03 in municipal taxes. Unsecured creditors included Bell Canada at $112,323.00 and $13,818.00, FibreNoire at $25,294.52, and the Ministère du Revenu du Québec at $7,000.00 for GST and QST.

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Case updates4 dated entries
#Sale

The court granted an approval and vesting order for the sale to Municipalité de Cantley. Closing terms, as extracted: Dévolution des actifs achetés sur émission d'un certificat du syndic conforme au formulaire joint à l'annexe B. Sealed: la lettre contraignante (pièce R-9), la Transaction (pièce R-10) et le second rapport du syndic (pièce R-11).

Source: Ordonnance - Approbation et de dévolution - 2025-08-18

Parties

Debtor

307NET

Proposal trustee

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMunicipalité de Cantley · in 2 casesListed as secured (Garanti) creditor in trustee's list of creditors; municipal taxes claim — debtor: 307NET · as of 20 Jun 2025$2.77M307NET - Notice of the notice of intention to file a proposal
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

9 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processPer the transactions

Sale approvedOrdonnance - Approbation et de dévolution - 2025-08-18 · 18 Aug 2025

PurchaserPriceStatusSource
Municipalité de Cantleyles Actifs achetés · asset saleSealedApproved18 Aug 2025Ordonnance - Approbation et de dévolution -…
Closing termsDévolution des actifs achetés sur émission d'un certificat du syndic conforme au formulaire joint à l'annexe BOrdonnance - Approbation et de dévolution - 2025-08-18
Sealed materialsla lettre contraignante (pièce R-9), la Transaction (pièce R-10) et le second rapport du syndic (pièce R-11)Ordonnance - Approbation et de dévolution - 2025-08-18
Documents4 filings
DateDocumentFile
Ordonnance - Approbation et de dévolution - 2025-08-18
  • Closing terms Dévolution des actifs achetés sur émission d'un certificat du syndic conforme au formulaire joint à l'annexe B
  • Order date 18 August 2025
  • Presiding officer Registrar Hihoto Jean-Baptiste Houenou
  • Purchaser Municipalité de Cantley · les Actifs achetés · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Ordonnance - Prorogation de délai - 2025-08-14
  • Applicant 307NET
  • Appointee Raymond Chabot et Al.
  • Appointee role syndic
  • Commencement date 14 August 2025
  • + 4 more extracted facts
PDF · Subscribers
2025-07-16 Order (in French)
  • Applicant 307 NET.
  • Commencement date 16 July 2025
  • Court file no 550-11-019226-259
  • Proceeding type bia_noi
PDF · Subscribers
307NET - Notice of the notice of intention to file a proposal
  • Appointee Raymond Chabot Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 20 June 2025
  • Court SUPERIOR COURT
  • + 5 more extracted facts
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., “307NET” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/307net

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/307net

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.