#Sale
Approval and Vesting Order Authorizing the Sale of the Assets (French only) — Approval and vesting order
9304-7033 Québec Inc. (doing business as “Habitations Luma”) and 9251-7465 Québec Inc.
FollowActive
- Proceeding
- CCAALoi sur les arrangements avec les créanciers des compagnies, L.R.C. (1985), ch. C-36
- File
- 700-11-022712-253
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates47 dated entries
44 earlier updates, back to 25 June 2025 — subscribers.
AnalysisAll insights
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.
Parties
Debtor
9304-7033 Québec Inc. (doing business as “Habitations Luma”) and 9251-7465 Québec Inc.
Monitor
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Michelin | Superior Court of Québec | 14 orders, Jun 2025 – Jun 2026 | 9 cases on record |
Counsel of record
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| 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) |
70 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
Liquidation in progress — PSVI process ongoing; offers received from Phase 1 Qualified Bidders but transaction not yet concluded, requiring extension of stay to complete next stepsMonitor's Third Report (French only) · 2 Dec 2025
AdvisorsMNP Ltd. (sale agent)Court Order relating to the Sale or Investment Sollicitation Process…
Documents
46 filings
| Date | Document | File |
|---|---|---|
| Approval and Vesting Order Authorizing the Sale of the Assets (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 20 September 2026, https://proceedings.ca/case/9304-7033-que-bec-inc-doing-business-as-habitations-luma-and-9251-7465-que-bec-i