9304-7033 Québec Inc., carrying on business as Habitations Luma, and 9251-7465 Québec Inc. have been under CCAA protection since 25 June 2025, with further orders granted 1 October and 28 November 2025. The initial stay ran to 4 July 2025, was extended to 10 July 2025 and now runs to 5 December 2025. Caisse Desjardins Le Manoir holds first-rank conventional hypothecs published 21 April 2022 on Luma's unsold portions of Project Lago and on the universality of its movable property, each with a $41,900,000 registration ceiling, securing principal of $9,454,035.75 plus an account overdraft of $7,665.62 as at 23 June 2025, backed by a guarantee of up to $20,950,000 from M. Grenon and 9251. Construction Kingsboro Inc. claims $614,414.70 under a construction hypothec published 23 April 2025, which Luma disputes as not matching actual progress of work; Kingsboro's subcontractor Acier d'armature Vimada inc. registered a further $107,950.05 on 15 April 2025, possibly duplicative. The Applicants estimate $1,390,289 in unregistered potential construction-lien claims. A Phase 1 deadline was set at 31 October 2025.
The court granted an approval and vesting order for the sale to Simon Beaulieu et Kaitlin Trillwood. Closing terms, as extracted: vesting upon issuance of Monitor's certificate confirming closing conditions satisfied.
Source: Approval and Vesting Order Authorizing the Sale of the Assets (French only)
Reasons for Orders Made on August 31, 2026 (French only) was filed.
Source: Reasons for Orders Made on August 31, 2026 (French only)
Motion for the issuance of a Third Amended and redrafted Initial Order (...) (French only) — Application / notice of application
Motion for an order extending the Suspension Period and the Temporary Facility (French only) — Application / notice of application
Court Order (Extension of the stay of proceedings until 5 December 2025) (French only) was filed.
Source: Court Order (Extension of the stay of proceedings until 5 December 2025) (French only)
Motion for the issuance of a Second Amended and redrafted Initial Order (...) (French only) — Application / notice of application
Court Order (Amended Motion to Extend the Scope of the Stay of Proceedings for the Benefit of Third Parties) (French only) — Application / notice of application
Motion for the issuance of an Amended and redrafted Initial Order (French only) — Application / notice of application
The court approved a sale and investment solicitation process. A bid deadline of 2025-08-07.
Source: Court Order relating to the Sale or Investment Sollicitation Process (SISP) (French only)
9304-7033 Québec Inc. (doing business as “Habitations Luma”) and 9251-7465 Québec Inc. — CCAA filed, Québec.
Source: Initial Order (French only)
Motion for the issuance of an Initial Order (...) (French only) — Application / notice of application
Precedent note
Habitations Luma: construction hypothecs ordered off co-owners' units
In reasons dated September 8, 2026, Justice Janet Michelin explains why the August 31 reverse vesting order has every legal construction hypothec on the Lago condominium units struck once the monitor certifies closing, co-owners' units included over two holders' objection, and why the price stays sealed after closing.
Case update
Habitations Luma: the permits first, then the buyer
Fourteen months into its CCAA, the Lac Tremblant condominium developer has signed a share purchase for its 29 unsold units, structured for a reverse vesting order and signed two days after Mont-Tremblant issued the permits the buyer had made a condition; 47 claims totalling $109,971,927 await analysis, and on September 3 the court vested one unit sold under a 2021 offer.
Debtor
9304-7033 Québec Inc. (doing business as “Habitations Luma”) and 9251-7465 Québec Inc.
Monitor
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Janetmichelin | Superior Court of Québec | 16 orders, Jun 2025 – Sep 2026 | 12 cases on record |
Counsel of record
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Unregistered potential construction-lien claimants (legal hypothecs of persons who participated in construction)Estimate by the Applicants of claims that could benefit from legal hypothecs for persons having participated in construction/renovation, even though no notice has yet been published in the Land Register. — debtor: 9304-7033 Québec Inc. (Luma) | $1.39M | Motion for the issuance of an Initial Order (...) (French only) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
70 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 plans4 transactions · 2 proposed · 2 approved — sale of the unit approvedApproval and Vesting Order Authorizing the Sale of the Assets (French… · 3 Sep 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| promettant acheteur / Acheteur under the Convention d'achat d'actions, not namedall issued and outstanding shares of 9251 (which holds all shares of 9304) via a reverse vesting transaction, retaining 29 condominium units, permits and claims against the Ville de Mont-Tremblant · share sale · agreement 27 Aug 2026 | Subscribers | Proposed | Monitor's Ninth Report (French only) |
| purchaser of unit 107, unnamedunit 107 of the LAGO project · real property | Subscribers | Proposed | Monitor's Ninth Report (French only) |
| 9547-8814 Québec inc.shares of 9251 (actions achetées) under a reverse vesting structure, with the Retained Assets (including 29 Retained Units of the Lago Mont-Tremblant Project) remaining in the Debtors · share sale · agreement 27 Aug 2026 | Subscribers | Approved31 Aug 2026outside 11 Sep 2026 | Approval and Reverse Vesting Order |
| Simon Beaulieu et Kaitlin Trillwoodl'unité 107 du Projet Lago, située au 123, rue Cuttle, Mont-Tremblant, Québec, correspondant au lot 6370 465 du cadastre du Québec, circonscription foncière de Terrebonne (l'« Immeuble Vendu ») · real property · ResidualCo: 9574-8919 Québec Inc. (« ResidualCo 1 ») ou 9574-8943 Québec Inc. (« ResidualCo 2 ») · agreement 21 Apr 2021 | not stated | Approved3 Sep 2026 | Approval and Vesting Order Authorizing the Sale… |
| Date | Document | File |
|---|---|---|
Approval and Vesting Order Authorizing the Sale of the Assets (French only)
| PDF · Subscribers | |
Approval and Reverse Vesting Order
| PDF · Subscribers | |
Reasons for Orders Made on August 31, 2026 (French only)
| PDF · Subscribers | |
Monitor's Ninth Report (French only)
| PDF · Subscribers | |
Court Order (French only) – dated 2026-06-03
| PDF · Subscribers | |
| Monitor's Eighth Report (French only) | PDF · Subscribers | |
Court Order (French only) – dated 2026-05-22
| PDF · Subscribers | |
| List of Creditors – dated 2026-04-16 | PDF · Subscribers | |
| Notice of Claim Process | PDF · Subscribers | |
Court Order (French only) – dated 2026-04-14
| PDF · Subscribers | |
Court Order (French only) – dated 2026-04-10
| PDF · Subscribers | |
| Monitor's Seventh Report (French only) | PDF · Subscribers | |
Court Order (French only) – dated 2026-03-24
| PDF · Subscribers | |
| Monitor's Sixth Report (French only) | PDF · Subscribers | |
Court Order (French only) – dated 2026-03-20
| PDF · Subscribers | |
Court Order (French only) – dated 2026-02-27
| PDF · Subscribers | |
| Monitor's Fifth Report (French only) | PDF · Subscribers | |
| Third Amended and redrafted Initial Order (French only) | PDF · Subscribers | |
| Monitor's Fourth Report (French only) | PDF · Subscribers | |
| Motion for the issuance of a Third Amended and redrafted Initial Order (...) (French only) | PDF · Subscribers | |
Court Order (French only)
| PDF · Subscribers | |
Monitor's Third Report (French only)
| PDF · Subscribers | |
Motion for an order extending the Suspension Period and the Temporary Facility (French only)
| PDF · Subscribers | |
Court Order (Extension of the stay of proceedings until 5 December 2025) (French only)
| PDF · Subscribers | |
Fourth Notice of Amendment to SISP Procedures (French only)
| PDF · Subscribers | |
Service List – dated 2025-11-28
| PDF · Subscribers | |
Third Notice of Amendment to SISP Procedures (French only)
| PDF · Subscribers | |
Second Notice of Amendment to SISP Procedures (French only)
| PDF · Subscribers | |
| Second Amended and redrafted Initial Order (French only) | PDF · Subscribers | |
Service List – dated 2025-09-28
| PDF · Subscribers | |
Monitor's Second Report (French only)
| PDF · Subscribers | |
| Motion for the issuance of a Second Amended and redrafted Initial Order (...) (French only) | PDF · Subscribers | |
Notice of Amendment to SISP Procedures (French only)
| PDF · Subscribers | |
Court Order (Amended Motion to Extend the Scope of the Stay of Proceedings for the Benefit of Third Parties) (French only)
| PDF · Subscribers | |
Court Order (Reasons for issuing an amended initial order) (French only)
| PDF · Subscribers | |
Amended and redrafted Initial Order (French only)
| PDF · Subscribers | |
Service List – dated 2025-07-10
| PDF · Subscribers | |
Monitor's First Report (French only)
| PDF · Subscribers | |
| Motion for the issuance of an Amended and redrafted Initial Order (French only) | PDF · Subscribers | |
Service List – dated 2025-07-09
| PDF · Subscribers | |
Service List – dated 2025-07-08
| PDF · Subscribers | |
Service List – dated 2025-07-04
| PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Court Order relating to the Sale or Investment Sollicitation Process (SISP) (French only)
| PDF · Subscribers | |
Initial Order (French only)
| PDF · Subscribers | |
Motion for the issuance of an Initial Order (...) (French only)
| 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., “9304-7033 Québec Inc. (doing business as “Habitations Luma”) and 9251-7465 Québec Inc.” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/9304-7033-que-bec-inc-doing-business-as-habitations-luma-and-9251-7465-que-bec-i
Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/9304-7033-que-bec-inc-doing-business-as-habitations-luma-and-9251-7465-que-bec-i
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.