Proceedings.

9408-7129 Québec Inc.

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Proceeding
Receivership (court-appointed)Articles 31 et 243 de la Loi sur la faillite et l'insolvabilité, L.R.C. 1985, c. B-3
File
500-11-065195-253
Filings held18
Last activity19 Dec 2025
On the record593 days
Secured debtSubscribers
OverviewSummary updated

9408-7129 Québec Inc. has been under court-appointed receivership since February 5, 2025, following Banque Laurentienne du Canada's January 27, 2025 application for the appointment of a receiver on an unpaid claim of more than $27 million. BLC holds first-rank security over the Immeubles at 3454-3458 avenue du Musée and the universality of movables needed to operate them, and states a balance of at least $26,815,880.87 as of January 14, 2025, subject to adjustment; the debt is also backed by personal guarantees from Robbie Peck and Paolo Presti and corporate guarantees from Place Dorée and Placements Presti dated August 30, 2022. As of June 10, 2025, an independent legal opinion from Stikeman on the validity and opposability of BLC's security remained in progress, and the validity of construction hypothecs registered by 9388-9012 Québec inc., Prestico, Presti Demeures and Alauda Construction had not been determined, with a $400,000 reserve being transferred to a residual company pending that determination. Westmount Capital, Horizon Capital and Gestion Immobilière Place Dorée rank as second-rank secured creditors behind BLC.

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Case updates19 dated entries

16 earlier updates, back to 5 February 2025 subscribers.

Parties

Debtor

9408-7129 Québec Inc.

Applicant

Laurentian Bank of Canada

Receiver

Deloitte

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBanque Laurentienne du Canada (BLC) · in 16 casesHypothèque immobilière of $27,000,000 (plus 20% additional hypothec) at 24%/yr interest, registered 2022-08-31 (no. 27 527 737), charging the Immeubles, leases and insurance proceeds; hypothèque mobilière sans dépossession of $33,750,000 (incl. 25% additional hypothec) at 25%/yr interest, registered in RDPRM 2022-09-06 (no. 22-0976324-0001), charging universality of movables, receivables, insurance indemnities, contracts, sale agreements/deposits, reserve funds and voting rights related to the Project; also secured by Cost Overrun and Construction Completion Agreement dated 2022-08-30 — Amount · as of 14 Jan 2025$26.8MMotion for an Order Appointing a Receiver dated January 27, 2025 (Original French Version)

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

5 more claims across lower-ranking classes

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Sale processAs stated in the filings

2 transactions · 2 closedVente des Immeubles conclue via OADI puis certificat de clôtureFinal Report of the Receiver dated December 17, 2025 (Original French… · 17 Dec 2025

PurchaserPriceStatusSource
Complexe du Musée Inc.the Purchased Shares · share sale · agreement 6 Jun 2025SubscribersClosedCertificate of the Receiver
purchaser of the Immeubles (3454/3456 avenue du Musée) under the RVO, unnamed in visible textles Immeubles · real property · ResidualCo: 9542-9916 Québec Inc.not statedClosed17 Jun 2025Final Report of the Receiver dated December 17,…
Closing termsPayment of Purchase Price and New LBC Financing Proceeds on the Closing Date; vesting effective upon issuance of the Receiver's CertificateApproval and Reverse Vesting Order dated June 12, 2025
Sealed materialsNon-redacted Share Purchase Agreement (Exhibit R-2A); Non-redacted Share Purchase Agreement, Schedule D and Schedule E of the Report; Non-redacted copy of the SPA; Schedules D and E of the Receiver's ReportList of Exhibits in support of the Application for the Issuance of an…
RecoveriesAs stated in the filings

La Banque Laurentienne du Canada: a distribution.Application for the Issuance of an Order Authorizing the Receiver to… · 15 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredLa Banque Laurentienne du Canadaa distributionper the receiverApplication for the Issuance of an Order Authorizing the Receiver to… · 15 Dec 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

2 stated figures across 1 outcome, each sourced

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Estate financialsReported figures — never derived

Cumulative receipts

$22M

As at 17 Dec 2025Final Report of the Receiver dated December 17, 2025 (Original French Version)

3 more reported figures, as at 17 Dec 2025

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Documents
18 filings
DateDocumentFile
Order Authorizing a Distribution of the Funds Held in the Receiver's Trust Account (Alauda Construction Inc.) dated December 19, 2025 (Original French Version)PDF · Subscribers
Order Authorizing a Distribution of the Funds Held in the Receiver's Trust Account (Banque Laurentienne du Canada) dated December 19, 2025 (Original French Version)PDF · Subscribers
Order Authorizing a Distribution of the Funds Held in the Receiver's Trust Account (Groupe Intermat Inc.) dated December 19, 2025 (Original French Version)PDF · Subscribers
Order Authorizing a Distribution of the Funds Held in the Receiver's Trust Account (Presti Demeures Inc.) dated December 19, 2025 (Original French Version)PDF · Subscribers
Order Authorizing a Distribution of the Funds Held in the Receiver's Trust Account (Prestico Inc.) dated December 19, 2025 (Original French Version)PDF · Subscribers
Final Report of the Receiver dated December 17, 2025 (Original French Version)
  • Closing confirmed Closed · 17 Jun 2025
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Application for the Issuance of an Order Authorizing the Receiver to Proceed with a Final Distribution of the Funds Held in the Receiver’s Trust Account dated December 15, 2025 (Original French Version)
  • Recovery outcome Entries: per unstated · Table missing:
PDF · Subscribers
Reasons for Approval and Reverse Vesting Order dated June 26, 2025
  • Order date 12 June 2025
  • Residualco 9542-9916 Québec Inc.
  • Sale outcome Sale approved — Approval of the Transactions structured as a reverse vesting order
  • Sealed items Non-redacted copy of the SPA; Schedules D and E of the Receiver's Report
  • + 1 more extracted fact
PDF · Subscribers
Certificate of the Receiver
  • Closing confirmed Closed · Complexe du Musée Inc.
PDF · Subscribers
Approval and Reverse Vesting Order dated June 12, 2025
  • Closing terms Payment of Purchase Price and New LBC Financing Proceeds on the Closing Date; vesting effective upon issuance of the Receiver's Certificate
  • Order date 12 June 2025
  • Purchaser Complexe du Musée Inc. · the Purchased Shares · share sale · approved
  • Residualco 9542-9916 Québec Inc.
  • + 2 more extracted facts
PDF · Subscribers
Cancellation and Discharge Order dated June 12, 2025 (Original French Version)
  • Presiding officer Justice Janet Michelin
PDF · Subscribers
First Report of the Receiver dated June 10, 2025 (Original French Version)
  • Process results 147 solicited · 23 NDAs · 5 qualified bids · 10 bids · as of 4 Apr 2025
  • Purchaser Complexe du Musée inc. · les Immeubles · share sale · approved
  • Sale outcome Approval pending — L'offre de Groupe Mach a été retenue comme Offre gagnante, sous réserve de l'approbation par le Tribunal
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Application for the Issuance of an Approval and Reverse Vesting Order dated June 6, 2025PDF · Subscribers
List of Exhibits in support of the Application for the Issuance of an Approval and Reverse Vesting Order dated June 6, 2025
  • Order date 12 June 2025
  • Purchaser Complexe du Musée Inc. · the Purchased Shares (i.e., 1,250,000 Class 'J' Common Shares in the share capital of the Debtor, resulting in indirect acquisition of the Retained Assets) · share sale · approved
  • Residualco 9542-9916 Québec Inc.
  • Sale outcome Sale approved — Court approved the Share Purchase Agreement and the Transactions, including the reorganization step plan, vesting the Purchased Shares in the Purchaser upon issuance of the Receiver's Certificate.
  • + 2 more extracted facts
PDF · Subscribers
Information Memorandum dated February 19, 2025PDF · Subscribers
Information Summary dated February 2025PDF · Subscribers
Order Appointing a Receiver dated February 5, 2025 (Original French Version)
  • Applicant Banque Laurentienne du Canada
  • Appointee Restructuration Deloitte Inc.
  • Appointee role Séquestre
  • Commencement date 5 February 2025
  • + 5 more extracted facts
PDF · Subscribers
Motion for an Order Appointing a Receiver dated January 27, 2025 (Original French Version)
  • Applicant BANQUE LAURENTIENNE DU CANADA
  • Appointee RESTRUCTURATION DELOITTE INC.
  • Appointee role séquestre
  • Commencement date 27 January 2025
  • + 6 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., “9408-7129 Québec Inc.” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/9408-7129-que-bec-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/9408-7129-que-bec-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.