Proceedings.

Angiochem Inc

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Active
Proceeding
Proposalarticle 58 de la Loi sur la faillite et l'insolvabilité
File
200-11-029790-246
Filings held13
Last activity10 Mar 2025
On the record641 days
Secured debtSubscribers
OverviewSummary updated

Angiochem Inc., a Quebec entity, is in active Division I proposal proceedings under the Bankruptcy and Insolvency Act. The Form 78 statement of affairs, as declared and estimated as at December 19, 2024, put total assets at $4.00 against total liabilities of $4,309,157.34 — $4.00 secured, no preferred, and $4,309,153.34 unsecured — for a declared deficit of $4,309,153.34, with subscribed and paid-up capital of $55,571,475.00 shown separately and excluded from assets. The list of creditors as of the same date shows Investissement Québec as secured for $1,599,511.00. Unsecured claims run from $58.41 owed to UPS Canada to $600,000.00 owed to JBH Consulting Sàrl, followed by Cenexi-Laboratoires Thissen at $490,133.34, Osler, Hoskin & Harcourt LLP at $229,561.72 and Piramal Pharma Solutions Inc. at $219,606.61.

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Case updates13 dated entries

10 earlier updates, back to 19 December 2024 subscribers.

Parties

Debtor

Angiochem Inc

Proposal trustee

PwC

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredInvestissement Québec · in 99 casesListed as secured creditor in List of Creditors attached to Notice of Bankruptcy; amount as reported as of date of bankruptcy — debtor: Angiochem Inc. · as of 19 Dec 2024$1.6MNotice of bankruptcy and first meeting of creditors

36 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.Under the plan · sanctionedReport of the Trustee on the financial situation of the Debtor and on… · 14 Feb 2025

ClassCreditorClaimsRecoveryBasisSource
UnsecuredUnsecured creditors (Proposal Option 1)not yet estimatedconditionalUnder the plansanctionedper the trusteeReport of the Trustee on the financial situation of the Debtor and on… · 14 Feb 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.

1 stated figure across 1 outcome, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
13 filings
DateDocumentFile
Order approving the Proposal (in French only)
  • Presiding officer Registrar M.E. Johanne Fortin
PDF · Subscribers
Request for the approval of the Proposal (in French only)
  • Applicant PricewaterhouseCoopers Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Syndic autorisé en insolvabilité
  • Commencement date 25 February 2025
  • + 3 more extracted facts
PDF · Subscribers
Election of payment option formPDF · Subscribers
Notice of hearing of application for Court approval of proposalPDF · Subscribers
Notice of proposalPDF · Subscribers
Proof of claim formPDF · Subscribers
Report of the Trustee on the financial situation of the Debtor and on the proposal
  • Recovery outcome Entries: per plan; per plan · Table missing:
PDF · Subscribers
Voting LetterPDF · Subscribers
ProposalPDF · Subscribers
Trustee's Report on its preliminary administration (in French only)PDF · Subscribers
Notice of bankruptcy and first meeting of creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Bankruptcy Order (in French only)
  • Applicant PLACEMENTS BIOVIE INC.
  • Appointee PricewaterhouseCoopers inc.
  • Appointee role Syndic à la faillite
  • Commencement date 19 December 2024
  • + 5 more extracted facts
PDF · Subscribers
Motion for bankruptcy (in French only)
  • Applicant PLACEMENTS BIOVIE INC.
  • Appointee PRICEWATERHOUSECOOPERS INC.
  • Appointee role Syndic proposé
  • Commencement date 5 December 2024
  • + 4 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., “Angiochem Inc” (Proposal), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/angiochem-inc

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/angiochem-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.