Coast to Coast Sunglasses Inc
- Proceeding
- Receivership (court-appointed)article 243 de la Loi sur la faillite et l'insolvabilité et article 6(4) des Règles générales sur la faillite et l'insolvabilité
- File
- 500-11-060617-228
Coast to Coast Sunglasses Inc. has been under a court-appointed receivership in the Superior Court of Québec since January 10, 2022, brought under BIA s. 243 and provincial Judicature Acts legislation, and the proceeding remains active. Secured claims against the company are led by Caisse Desjardins de Rosemont-La-Petite-Patrie at $7,305,957.04, with Investissement Québec claiming $649,993.00, each holding security on the property of the insolvent person. The unsecured creditors list totals $3,566,364.23 and is dominated by eyewear suppliers: Safilo Canada Inc. at $3,107,967.86, De Rigi REM Inc. at $213,540.61 and Marcolin USA Eyewear at $134,855.76. CIBC is listed at $60,000.00 and PME Montreal - Centre Ouest at $50,000.00.
The court granted an approval and vesting order for the sale to 9200-9141 Québec inc. Closing terms, as extracted: Vesting occurs on the Receiver's delivery of a certificate substantially in the form of Schedule B, issued once the Purchase and sale agreement is signed, the Purchase Price is paid and all closing conditions are satisfied or waived. Sealed: The Purchase and sale agreement (Pièce RV-10) is filed under seal and kept confidential until the earlier of closing or a further court order.
Source: Approval and Vesting Order
The court appointed PricewaterhouseCoopers inc. as séquestre, on the application of CAISSE DESJARDINS DE ROSEMONT-LA PETITE-PATRIE. Court file 500-11-060617-228.
Motion for a receivership order (available in French only) — Application / notice of application
Debtor
Coast to Coast Sunglasses Inc
Receiver
PwC
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Caisse Desjardins de Rosemont-La-Petite-PatrieSecurity on the property of the insolvent person — debtor: Coast to Coast Sunglasses Inc. | $7.31M | Notice and Statement of the Receiver |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
6 more claims in 2 classes The stack holds Secured and Unsecured 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.
Sale approved — Approval and vesting order approving the Receiver's sale of the purchased assets to 9200-9141 Québec inc.; closing is pending delivery of the Receiver's certificate.Approval and Vesting Order · 30 Mar 2022
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 9200-9141 Québec inc.les actifs décrits dans la Convention d'achat et reproduits à l'Annexe « A » (the Purchased Assets: eyeglass inventory, furniture and equipment) · asset sale | Sealed | Approved30 Mar 2022 | Approval and Vesting Order |
| Date | Document | File |
|---|---|---|
Notice of bakruptcy and first meeting of creditors
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Notice and Statement of the Receiver
| PDF · Subscribers | |
Receivership order (available in French only)
| PDF · Subscribers | |
Motion for a receivership order (available in French only)
| 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., “Coast to Coast Sunglasses Inc” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/coast-to-coast-sunglasses-inc