Boutique le Pentagone Inc.
- Proceeding
- NOIArt. 50.4 (9) et 65.13 de la Loi sur la faillite et l’insolvabilité
- File
- 500-11-066597-259
- Industry
- Retail · Apparel, footwear & jewellery retail
Boutique le Pentagone Inc. filed a notice of intention to make a proposal under s. 50.4 of the BIA on December 16, 2025, and the proceeding remains active. An unaudited, management-prepared balance sheet as at November 29, 2025 showed total assets of $5,496,000 against total liabilities of $7,356,000, including $1,759K owed to the parent company on an unsecured related-party basis and a $1,372K bank overdraft. Bank of Montreal is the debtor's only secured creditor, at $2,072,000 as of December 16, 2025 under a first-rank hypothec over all present and future movable property; the trustee has not verified that amount. BMO signed a forbearance agreement allowing continued use of the credit facilities and supported the extension sought. Orders were made January 15, March 2 and April 16, 2026, and the stay has been extended to April 16, 2026 and to June 1, 2026.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Rapport du syndic concernant la proposition. The debtor accumulated excessive unsold inventory (notably from the COVID-19 period and following years), maintained an overly high cost structure not adjusted to declining sales, and faced rising rent charges, leading to insolvency; the amended proposal is expected to yield unsecured creditors about $0.05 per dollar versus $0 in bankruptcy.
Source: Trustee Report concerning the Proposal (french version only)
Proposal and Plan of Reorganization, as amended as of June 15, 2026 (French version only) — Plan of arrangement / compromise
Proposal and Plan for Reorganization (French version only) — Plan of arrangement / compromise
Trustee’s Report on the Debtor’s Financial situation (French version only) — Court officer report
Order extending the delay for the filing of a Proposal (french version opnly) was filed.
Source: Order extending the delay for the filing of a Proposal (french version opnly)
Motion for a third Order extending the delay for the filing of the Proposal (french version only) — Application / notice of application
Order extending the delay for the filing of a Proposal (french version only) was filed.
Source: Order extending the delay for the filing of a Proposal (french version only)
Motion for a second Order extending the delay for the filing of the Proposal (french version only) was filed. Court file 500-11-066597-259.
Source: Motion for a second Order extending the delay for the filing of the Proposal (french version only)
Order guidelines for the liquidation of Debtor’s inventory (french version) was filed.
Source: Order guidelines for the liquidation of Debtor’s inventory (french version)
Order extending the delay for the filing of a Proposal (french version) was filed.
Source: Order extending the delay for the filing of a Proposal (french version)
Motion for (I) Order extending the delay for the filing of a Proposal and (II) Order approving guidelines for the liquidation of Debtor’s inventory (french version) was filed. Court file 500-11-066597-259.
Boutique le Pentagone Inc. — NOI filed, Québec.
Source: Certificate of Filing for the Notice of Intention to Make a Proposal
Undated filings1 — no date appears on the document · show
Outcome brief
Boutique le Pentagone: $200,000, from the creditor already owed $2.2 million
Boutique Le Pentagone filed a notice of intention in December, liquidated inventory under court guidelines, disclaimed leases and took three extensions. On July 9 a registrar of the Superior Court approved its proposal — funded entirely by a $200,000 investment from a creditor whose own claim for unpaid rent and advances is estimated at $2,224,000.
Debtor
Boutique le Pentagone Inc.
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Registrar Gosselin | Superior Court of Québec | 3 orders, Jan 2026 – Jul 2026 | 81 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorNom de l'entreprise | Fasken Martineau DuMoulin LLP | 23 Feb 2026 | Application · 23 Feb 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Banque de Montréal (BMO) · in 46 casesHypothèque de premier rang grevant tous les biens meubles, présents et futurs, de la Débitrice — Décrit comme le seul créancier garanti de la Débitrice (Premier rapport du Syndic); BMO et la Débitrice ont signé une convention de tolérance autorisant la Société à continuer d'utiliser ses facilités de crédit pendant la période convenue; BMO appuie la demande de prorogation. — debtor: Boutique Le Pentagone Inc. · as of 16 Dec 2025 | $2.07M | Motion for (I) Order extending the delay for the filing of a Proposal and (II) Order approving guidelines for the liquidation of Debtor’s inventory (french version) |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
110 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale process approved — Approbation des lignes directrices relatives à la liquidation de l'inventaire de la DébitriceOrder guidelines for the liquidation of Debtor’s inventory (french… · 15 Jan 2026
Unsecured creditors: a distribution.Under the plan · sanctionedTrustee Report concerning the Proposal (french version only) · 3 Jul 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | Under the plansanctionedper the proposal trustee | Trustee Report concerning the Proposal (french version only) · 3 Jul 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.
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 plansAs at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Order (French version only)
| PDF · Subscribers | |
| Proof of claim | PDF · Subscribers | |
| Request for Approval of Proposal (French version only) | PDF · Subscribers | |
Trustee Report concerning the Proposal (french version only)
| PDF · Subscribers | |
| Amended Proposal – BLACKLINE (french version only) | PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
| Proposal and Plan of Reorganization, as amended as of June 15, 2026 (French version only) | PDF · Subscribers | |
Registration Form to the Meeting of Creditors
| PDF · Subscribers | |
| Certificate of Filing a Proposal | PDF · Subscribers | |
Notice of Proposal to Creditors
| PDF · Subscribers | |
| Proposal and Plan for Reorganization (French version only) | PDF · Subscribers | |
Trustee’s Report on the Debtor’s Financial situation (French version only)
| PDF · Subscribers | |
Voting Letter
| PDF · Subscribers | |
Order extending the delay for the filing of a Proposal (french version opnly)
| PDF · Subscribers | |
| Motion for a third Order extending the delay for the filing of the Proposal (french version only) | PDF · Subscribers | |
| Third Report of the Trustee on the state of affairs and finances of the Debtor, in conjuction with the application seeking a third Order extending the deadline to file a proposal (french version only) | PDF · Subscribers | |
Order extending the delay for the filing of a Proposal (french version only)
| PDF · Subscribers | |
Motion for a second Order extending the delay for the filing of the Proposal (french version only)
| PDF · Subscribers | |
| Second Report of the Trustee on the state of affairs and finances of the Debtor in conjunction with the request for an extension of delay (french version only) | PDF · Subscribers | |
Order extending the delay for the filing of a Proposal (french version)
| PDF · Subscribers | |
Order guidelines for the liquidation of Debtor’s inventory (french version)
| PDF · Subscribers | |
First Report of the Trustee on the state of affairs and finances of the Debtor in conjunction wih the request for an extension of delay and the filing of sale guidelines (french version)
| PDF · Subscribers | |
Motion for (I) Order extending the delay for the filing of a Proposal and (II) Order approving guidelines for the liquidation of Debtor’s inventory (french version)
| PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal
| PDF · Subscribers | |
| Certificate of Filing for the Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Proxy | 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., “Boutique le Pentagone Inc.” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/boutique-le-pentagone-inc