Bouclair Inc. and Bouclair International Inc.
Follow- Proceeding
- NOIBankruptcy and Insolvency Act, RSC 1985, c B-3, as amended
- File
- 500-11-057470-193
- Industry
- Retail · Home, furniture & electronics retail
Bouclair Inc. and Bouclair International Inc. commenced insolvency proceedings by notice of intention under the Bankruptcy and Insolvency Act on November 12, 2019, before the Superior Court of Québec in file 500-11-057470-193. RC Benson Consulting Inc. is acting as chief restructuring officer. The creditor list in the proposal of Bouclair Inc., based in Pointe-Claire, carries 372 rows typed unsecured, totalling $15,562,078.78, headed by employees at $2,300,000, AST Trust Company at $1,500,113, Aljusa Investments Inc. at $1,184,530, Picture Depot Inc. at $967,810.17 and Revolution Home Decor Inc. at $869,832. A substantial block of rows is made up of foreign suppliers, mainly Chinese. The proceedings remain active.
A claims procedure has been established — see the order for deadlines.
Order of the Superior Court of Québec commenced proceedings concerning Bouclair Inc. and Bouclair International Inc.; the file is recorded as opening on this date under no. 500-11-057470-193.
The court granted an approval and vesting order for the sale to Alston Investments Inc. Closing terms, as extracted: The Trustee's Certificate is to be issued once the Purchase Agreement has been executed and delivered, the Purchase Price paid, and all closing conditions satisfied or waived. Sealed: the Purchase Agreement filed as Exhibit P-3.1 to the Motion.
Re-Amended Motion for the Issuance of an Approval and Vesting Order and a Contract Assignment Order — Application / notice of application
Amended Motion for the Issuance of an Approval and Vesting Order and a Contract Assignment Order — Application / notice of application
Motion for an Order (i) Extending the Stay Period and (ii) Expanding the Scope of Super-Priority Charges — Application / notice of application
Notice of Intention to make a proposal - Bouclair International Inc. — NOI certificate of filing
Proceedings commenced for both Bouclair entities under the Bankruptcy and Insolvency Act in the Superior Court of Québec, court file 500-11-057470-193.
Source: First Day Order
Certificate for the Notice of Intention - Bouclair International Inc. — NOI certificate of filing
Motion for the Issuance of an Order (i) Creating Super-Priority Charges; (ii) Aproving a Consulting Agreement; and (iii) Approving Related Relief — Application / notice of application
Debtor
Bouclair Inc. and Bouclair International Inc.
Proposal trustee
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Corriveau | Superior Court of Québec | 3 orders, Jan 2020 – Aug 2020 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeDeloitte | Osler, Hoskin & Harcourt LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| DebtorBouclair Inc. and Bouclair International Inc. | Stikeman Elliott LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorAST Trust Company (Canada) | Davies Ward Phillips & Vineberg LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorBusiness Development Bank of Canada | Miller Thomson LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorCentrecorp Management Services Limited | Aird & Berlis LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorCREIT Management Limited | Aird & Berlis LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorCrombie Property Holdings Limited | Gardiner Roberts LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorDartmouth Crossing 2 Limited | Aird & Berlis LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorFacebook, Inc | McMahon Serepca LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorGoogle Inc | BoyneClarke LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorGordon Brothers Canada ULC | Fasken Martineau DuMoulin LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorNational Bank of Canada | McCarthy Tétrault LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorPersonal Property Registration Branch, c / o Ministry of Finance (Ontario) and Attorney General for Ontario | Crown Law Office | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorPeterborough Retail Portfolio LP | Blaney McMurtry LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorTrinity Property Services Inc | WeirFoulds LLP | 16 Jan 2020 | Service list · 16 Jan 2020 |
| CreditorVaudreuil Shopping Centres Limited | Prévost Fortin D'Aoust s.e.n.c.r.l. | 16 Jan 2020 | Service list · 16 Jan 2020 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 6 | Landlord preferred | UNITED RENTALS · in 41 casesdebtor: Bouclair Inc. and Bouclair International Inc. | $1.31K | Creditor Mailing List |
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) | |||
| 7 | Preferred (BIA s. 136) |
353 more claims in 1 class The stack holds Landlord preferred and Preferred (BIA s. 136) claims.
Every creditor and every amount, drawn to scale.
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See all plans3 transactions · 2 proposed · 1 closed — The Court approved the sale transaction and vesting of the Purchased Assets in the Purchaser.Approval and Vesting Order Contract Assigment Order · 22 May 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| referred to as the 'Proposed Purchaser' under an Indication of Interest; not namedall or substantially all of the Companies' assets and properties related to the head office, the warehouse and Stores other than the Liquidation Stores · asset sale | Subscribers | Proposed | First Report to the Court Submitted by Deloitte… |
| referred to only as the 'Proposed Purchaser'; identity not disclosedthe majority of the assets and assuming certain of the liabilities of the Debtors, with a view to maintaining approximately fifty-one (51) Bouclair retail store locations and its head office in Pointe-Claire (Quebec) · asset sale | not stated | Proposed | Sixth Report to the Court Submitted by Deloitte… |
| Alston Investments Inc.the assets described in Schedule 2.1 of the Purchase Agreement (the "Purchased Assets") · asset sale · agreement 21 May 2020 | Sealed | Closed31 May 2020outside 29 Dec 2019 | Certificate of the Trustee |
Unsecured creditors: a distribution.Under the plan · implementedApplication for the Approval of a Proposal · 8 Jul 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planimplementedper the debtor | Amended Proposal · 7 Jul 2020 |
| Preferred | — | — | paid in full | Under the planimplementedper the debtor | Amended Proposal · 7 Jul 2020 |
| Unsecured | unsecured creditors with a claim not exceeding $100,000 | — | Under the planimplementedper the trustee | Application for the Approval of a Proposal · 8 Jul 2020 | |
| class not placed | D&O Claims | — | paid in full | Under the planper the debtor | Amended Proposal · 7 Jul 2020 |
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 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Certificate of full performance of proposal | PDF · Subscribers | |
Order Approving a Proposal
| PDF · Subscribers | |
| Employee Letter | PDF · Subscribers | |
| Trustee's Report on the Amended Proposal | PDF · Subscribers | |
Application for the Approval of a Proposal
| PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
| Registration form to the Creditors Meeting | PDF · Subscribers | |
Order Appointing a Receiver
| PDF · Subscribers | |
Application for a Receivership Order
| PDF · Subscribers | |
| Notice of Amended Proposal to Creditors | PDF · Subscribers | |
| Voting Letter | PDF · Subscribers | |
Amended Proposal
| PDF · Subscribers | |
Certificate of the Trustee
| PDF · Subscribers | |
Approval and Vesting Order Contract Assigment Order
| PDF · Subscribers | |
| Re-Amended Motion for the Issuance of an Approval and Vesting Order and a Contract Assignment Order | PDF · Subscribers | |
Proposal
| PDF · Subscribers | |
Sixth Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal
| PDF · Subscribers | |
| Amended Motion for the Issuance of an Approval and Vesting Order and a Contract Assignment Order | PDF · Subscribers | |
| Fifth Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Fourth Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal | PDF · Subscribers | |
Order Extending the Stay Period
| PDF · Subscribers | |
| Third Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Motion for an Order Extending the Stay Period | PDF · Subscribers | |
Service Lists
| PDF · Subscribers | |
Creditor Mailing List
| PDF · Subscribers | |
| Order Extending the Stay Period and Expanding the Scope of Super-Priorities Charges | PDF · Subscribers | |
Second Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal
| PDF · Subscribers | |
| Motion for an Order (i) Extending the Stay Period and (ii) Expanding the Scope of Super-Priority Charges | PDF · Subscribers | |
Liquidation Order
| PDF · Subscribers | |
| Notice of Intention to make a proposal - Bouclair Inc. | PDF · Subscribers | |
| Notice of Intention to make a proposal - Bouclair International Inc. | PDF · Subscribers | |
First Day Order
| PDF · Subscribers | |
First Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Trustee to the Notice of Intention to Make a Proposal
| PDF · Subscribers | |
| Certificate for the Notice of Intention - Bouclair Inc. | PDF · Subscribers | |
| Certificate for the Notice of Intention - Bouclair International Inc. | PDF · Subscribers | |
| Motion for the Issuance of an Order (i) Creating Super-Priority Charges; (ii) Aproving a Consulting Agreement; and (iii) Approving Related Relief | PDF · Subscribers | |
| Proof of Claim | 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., “Bouclair Inc. and Bouclair International Inc.” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/bouclair-inc-and-bouclair-international-inc