#Order
Amended and Restated Order was filed. Court file 500-11-067074-266.
Source: Amended and Restated Order
Crédit Finova Inc./Finova Financing Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act
- File
- 500-11-067074-266
- Industry
- Business & consumer services · Rental & leasing
OverviewSummary updated
Finova Financing Inc. is in court-appointed receivership in the Superior Court of Québec under file 500-11-067074-266, commenced by an interim order granted April 16, 2026. The Receiver's statutory balance sheet as at that date puts assets at an unaudited realisable value of $10,866,652 against liabilities of $31,672,392.79, a figure that reconciles to the Form 78 Statement of Affairs. Ninepoint Partners LP is the principal creditor, with a claim of $22,394,732.96 secured over the Debtor's lease and receivables portfolio; $10,866,652.00 is treated as secured and the $11,528,080.96 deficiency as unsecured. Second-ranking investor claims subordinate to Ninepoint total $6,989,489, and the unsecured list also includes a related-party loan from Alterfina of $1,080,306.88, Gestion PEC at $1,150,000 and 58 Capital Corp. at $1,048,362.07. The proceeding remains active.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
Parties
Debtor
Crédit Finova Inc./Finova Financing Inc.
Applicant
Ninepoint Partners LP
Receiver
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Collier | Superior Court of Québec | 1 order, Apr 2026 | 24 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantNinepoint Partners LP | Kugler Kandestin LLP | 17 Jul 2026 | Service list · 17 Jul 2026 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Ninepoint Partners LPSecurity over Debtor's lease/receivables portfolio (asset code '501' per Form 78 Statement of Affairs); secured portion set equal to Receiver's realisable value of the portfolio — Claim bifurcated by security valuation per Form 78: total claim $22,394,732.96 (Non garantie/unsecured $11,528,080.96 + Garantie/secured $10,866,652.00). Page 3 (Receiver's statutory balance sheet, as at April 16, 2026) states the full undivided claim as 'Ninepoint Partners LP - Capital $22,394,733' without bifurcation. See related unsecured entry for the deficiency portion. — debtor: Finova Financing Inc. · as of 27 Apr 2026 | $10.9M | Notice and Statement of Receiver |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
41 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 plansEstate 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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See all plansDocuments4 filings
| Date | Document | File |
|---|---|---|
Amended and Restated Order
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Notice and Statement of Receiver
| PDF · Subscribers | |
Order Appointing a Receiver (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., “Crédit Finova Inc./Finova Financing Inc.” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/cr-dit-finova-inc-finova-financing-inc