Proceedings.

Centre de Peintures Picasso Inc.

ActiveFollow
Proceeding
BankruptcyLoi sur la faillite et l'insolvabilité
File
615-11-001897-265
Filings held6
Last activity17 Apr 2026
On the record233 days
Secured debtSubscribers
OverviewSummary updated

Centre de Peintures Picasso Inc. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced 17 March 2026 in the Superior Court of Québec (Commercial Division) and bearing court file number 615-11-001897-265. The record to date consists of a single filing, a court officer report entered on the commencement date. Nothing further has been recorded in the proceeding, and no stage beyond commencement has been reported.

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Case updates6 dated entries
Parties

Debtor

Centre de Peintures Picasso Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredJourney Capital · in 3 casesAsset items #1101, #1102, #1103 (business fixtures/equipment - mobile, warehouse-store, paint dept.) — Prêt Flex 25610. Claim bifurcated secured/unsecured: unsecured portion of $27,414.85 also claimed by same creditor (total claim $125,414.85). Estimated deficiency on security -$27,414.85. — debtor: Centre de Peintures Picasso inc. · as of 17 Mar 2026$98KNotice of Bankruptcy and First Meeting of Creditors
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

30 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Marketed — MNP Ltd., as Trustee of Centre de Peintures Picasso Inc., calls for sealed tenders for the Seller's assets, to be received by Services FL by April 15, 2026 at 3:00 PM.Conditions of Sale · 18 Mar 2026

Bid deadline

15 April 2026

Conditions of Sale

AdvisorsSERVICES FL (sale agent)Conditions of Sale
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents6 filings
DateDocumentFile
Trustee's Report on Preliminary Administration (French only)
  • Appointee MNP LTÉE
  • Appointee role Syndic autorisé en insolvabilité
  • Court COUR SUPÉRIEURE
  • Court file no 615-11-001897-265
  • + 4 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Conditions of Sale
  • Bid deadline 15 April 2026
  • Sale advisor SERVICES FL (sale agent)
  • Sale outcome Marketed — MNP Ltd., as Trustee of Centre de Peintures Picasso Inc., calls for sealed tenders for the Seller's assets, to be received by Services FL by April 15, 2026 at 3:00 PM.
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Inventory Report (French only)PDF · Subscribers
Tender Form
  • Appointee MNP LTÉE
  • Appointee role syndic à la faillite
  • Sale outcome Marketed — Bankruptcy trustee MNP Ltd solicits tender offers (blank tender form, with 10% deposit) for six lots of Centre de Peintures Picasso Inc. assets: store merchandise, store equipment, a trailer, a loader, a truck and a lift truck.
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Centre de Peintures Picasso Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/centre-de-peintures-picasso-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/centre-de-peintures-picasso-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.