#Filing
Application for the Issuance of an Order for the Preservation and Disclosure of Information (french version only) – dated June 25, 2026 — Application / notice of application
9418-8778 Québec Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)art. 243 de la Loi sur la faillite et insolvabilité
- File
- 500-11-065279-255
- Industry
- Real estate · Residential development
OverviewSummary updated
9418-8778 Québec Inc. was placed in court-appointed receivership on 2 May 2025 by the Superior Court of Québec, which appointed Richter Inc. as receiver under section 243 of the Bankruptcy and Insolvency Act on the application of Equitable Bank. The bank is the first-ranking secured creditor of the company's immovable, owed $23,567,632.13. The property is also subject to numerous registered construction hypothecs — whose validity the receiver is to review — and further immovable hypothecs held by several corporate lenders.
Proceedings AIOpen Proceedings AI
Case updates9 dated entries
#Report
The officer filed report no. Second Interim Report of the Receiver. The Debtor's 78-unit condo project at 3145 Jarry Street East was still under construction when the receivership began. The Receiver is safeguarding the property and has run a third and final sale process, with multiple offers under review. The Debtor and its representatives have not complied with the order to provide books and records.
Source: Second Interim Report of the Receiver – dated June 3, 2026
#Report
The officer filed report no. First Interim Report. The condo project remains incomplete and unsold; the Receiver ran two sale processes and selected a preferred purchaser but has not yet finalized a definitive agreement, and expects no funds will be available for unsecured creditors or secured creditors ranking behind EQ Bank.
Source: First Interim Report of the Receiver – dated January 30, 2026
#Order
The court appointed Richter Inc. as séquestre, on the application of Banque Équitable. Court file 500-11-065279-255.
#Order
The court appointed RICHTER INC. as Séquestre, on the application of BANQUE ÉQUITABLE. Court file 500-11-065279-255.
#Filing
Motion for the Appointment of a Receiver (French version only) — Application / notice of application
#Order
Order appointing an Interim Receiver (French version only) – dated March 14, 2025 was filed. Court file 500-11-065279-255.
Source: Order appointing an Interim Receiver (French version only) – dated March 14, 2025
AnalysisAll insights
Case update
3145 Jarry East: after the chosen buyer, a third and final round
Elm Acquisition Corp's offer for the 78-unit condo project, the best of two rounds, ended April 9 when its counsel told Richter it was not willing to proceed. A third, final round drew multiple offers by May 12; on the offers received, Richter sees no funds for unsecured creditors or secured creditors behind Equitable Bank.
Parties
Debtor
9418-8778 Québec Inc.
Receiver
Richter
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Banque Equitable (EQB)Immovable Hypothec - first-ranking legal hypothec — Principal secured creditor, first-ranking on the Immovable — debtor: 9418-8778 Québec Inc. | $23.6M | Notice and Statement of the Receiver – dated May 20, 2025 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
15 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedSecond Interim Report of the Receiver · 3 Jun 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the receiver | Second Interim Report of the Receiver · 3 Jun 2026 |
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.
Estate financialsReported figures — never derived
Cumulative receipts
$632K
As at 22 May 2026Second Interim Report of the Receiver – dated June 3, 2026
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plansDocuments
9 filings
| Date | Document | File |
|---|---|---|
| Application for the Issuance of an Order for the Preservation and Disclosure of Information (french version only) – dated June 25, 2026 | PDF · Subscribers | |
Second Interim Report of the Receiver – dated June 3, 2026
| PDF · Subscribers | |
First Interim Report of the Receiver – dated January 30, 2026
| PDF · Subscribers | |
| Order on the preservation and communication of information (French version only) – dated July 10, 2025 | PDF · Subscribers | |
Notice and Statement of the Receiver – dated May 20, 2025
| PDF · Subscribers | |
Minutes of Hearing (French version only)
| PDF · Subscribers | |
Order Appointing a Receiver (French version only)
| PDF · Subscribers | |
| Motion for the Appointment of a Receiver (French version only) | PDF · Subscribers | |
Order appointing an Interim Receiver (French version only) – dated March 14, 2025
| 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., “9418-8778 Québec Inc.” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/9418-8778-quebec-inc