Duchesne et Fils Ltée
Follow- Proceeding
- CCAAArticles 9, 11 et suivants de la Loi sur les arrangements avec les créanciers des compagnies
- Court
- Superior Court of Québec · Commercial Division
- File
- 500-11-066681-269
Duchesne et Fils Ltée remains under CCAA protection in the Superior Court of Québec, Commercial Division, in Montréal (file 500-11-066681-269), with Ernst & Young Inc. as Monitor. The Initial Order was issued January 15, 2026, staying proceedings to January 23, 2026 and authorising interim financing of $1,800,000 together with an administration charge, an interim lenders' charge, a directors' and officers' charge and a retention plan charge. A court-approved sale process ran to a phase-one deadline of February 27, 2026 and a bid deadline of March 27, 2026, and on May 6, 2026 the Court approved a transaction with 9431-0927 Québec inc. (Groupe Eldorado) and Le Groupe JSV inc. The company is now in a progressive and orderly wind-down, with cash flow forecast over the fourteen weeks from May 29 to August 31, 2026.
Motion for the Issuance of an Order Authorizing Certain Transactions and for the Issuance of Ancillary Orders (in French) — Application / notice of application
The stay of proceedings was extended.
Source: Order modifying the Amended and Restated Initial Order dated January 26, 2026 (in French)
Approval and vesting order for the first proposed transaction with 9431-0927 Québec inc. (Groupe Eldorado) and Le Groupe JSV inc.; closing, set for May 5, was extended by consent to May 6, 2026, and the purchase offer (R-2) and liquidation offer (R-4) were sealed.
Monitor’s Motion for the Issuance of an Order Containing Instructions for the Monitor (in French) — Application / notice of application
Motion for the issuance of a Stay Extension Order (in French) — Application / notice of application
The court approved a sale and investment solicitation process. A phase 1 deadline of 2026-02-27t17:00:00. A bid deadline of 2026-02-27.
Source: Order approving a sale and investment solicitation process (in french)
Initial Order appointed Ernst & Young Inc. as Monitor, stayed proceedings to January 23, 2026, authorised $1,800,000 in interim financing, and ranked a $600,000 administration charge first, a $2,160,000 charge for the interim lenders BDC and Royal Bank of Canada second, a $1,000,000 directors' and officers' charge third and a $500,000 retention plan charge fourth.
Source: Initial Order (in french)
Precedent note
What stay extensions are actually granted
Seven CCAA files, three provinces, and no two extensions alike — four days because the court could not sit, twenty days more than the debtor asked for, a full year when all that is left of the company is a lawsuit. The boundary is the case's own calendar.
Debtor
Duchesne et Fils Ltée
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Collier | Superior Court of Québec | 14 orders, Jan 2026 – Jun 2026 | 21 cases on record |
Counsel of record
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| Court-ordered charges | ||||
| 1 | Court-ordered charges | Charge des Prêteurs temporaires — Deuxièmement, la Charge des Prêteurs temporaires | $2.16M | Initial Order (in french) |
| 1 | Court-ordered charges | Interim financing (DIP) charge | $1.8M | Initial Order (in french) |
| 1 | Court-ordered charges | Charge A&D — Troisièmement, la Charge A&D | $1M | Initial Order (in french) |
| 1 | Court-ordered charges | Charge d'administration — Premièrement (rang de priorité indiqué au paragraphe [59]a) des présentes, texte partiellement illisible) | $600K | Initial Order (in french) |
| 1 | Court-ordered charges | Charge PREC — Quatrièmement, la Charge PREC | $500K | Initial Order (in french) |
| Pre-filing debt | ||||
| 4 | Secured | Banque Royale du Canada (RBC) · in 74 casesConvention de prêt (Convention RBC) dated 31 January 2022 - $17,000,000 revolving credit facility (facility limit, not balance); Authorized Limit currently $5,280,556.86; secured by: (a) immovable hypothec on the Yamachiche Immeuble dated 28 Jan 2022, registered at Land Registry #26 981 780 and RDPRM #22-0090829-0001; (b) movable hypothec on universality of movable property dated 27 Jan 2022, RDPRM #22-0085426-0001; (c) movable hypothec dated 27 Jan 2022, RDPRM #22-0089644-0001; (d) Notice of Intention to give security under s.427 Bank Act (26 Jan 2022); (e) Loans and Advances Agreement, Promi · as of 13 Jan 2026 | $5.75M | Motion for the Issuance of (i) an Initial Order, (ii) an Amended and Restated Initial Order and (iii) an Order approving an investment and sale solicitation process (in french) |
| 4 | Secured | Banque de développement du Canada (BDC) · in 151 casesMovable hypothec registered at RDPRM #22-0069263-0001 for $26,000,000 on the universality of movable property; immovable hypothec registered at Land Registry #26 967 400 for $26,000,000 bearing interest at 25% per annum; Intercreditor Agreement between RBC and BDC registered at RDPRM #22-0102303-0001 and Land Registry #26 987 975 — Amounts shown ($26,000,000) are the registered hypothec ceiling / original facility amount disclosed in RBC's loan agreement schedules (2022 Convention RBC exhibits); current outstanding balance is not stated in the pages reviewed. BDC is also one of the two Interim | — | Motion for the Issuance of (i) an Initial Order, (ii) an Amended and Restated Initial Order and (iii) an Order approving an investment and sale solicitation process (in french) |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
4 transactions · 2 approved · 2 proposed — The Monitor revised its recommendation to favor the Fourth strategic offer over the previously accepted auctioneer transactions, pending court approval.Fourth Report of the Monitor (in French) · 6 May 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 9431-0927 Québec inc. (Groupe Eldorado) et Le Groupe JSV inc. (JSV) | not stated | Approved6 May 2026 | Motion for the issuance of an Approval and… |
| Acquéreur stratégiquel'acquisition de l'entreprise de Duchesne en continuité d'exploitation · asset sale | SealedQuatrième offre stratégique amount not disclosed in unsealed text | Proposed | Fourth Report of the Monitor (in French) |
| Encanteurs (auctioneers) - liquidation transactions accepted by the Monitorliquidation des Biens meubles de la Débitrice et vente des Biens immeubles (terrain et immeubles situés au site de Yamachiche) · auction | not stated | Proposed | Fourth Report of the Monitor (in French) |
| 9479-6901 Québec inc.substantiellement tous ses actifs · asset sale | Debt assumeden contrepartie de l'extinction des créances garanties de 9479 | Approved5 Jun 2026 | Order Authorizing Certain Transactions (in… |
As at 30 Nov 2025 · per unaudited interim financial statements (non-auditées), presented in thousands of dollars in the Report · Entity-level – Duchesne et Fils Ltée (Debtor) — Figures reproduced from the Report's own summary tables of assets and liabilities per the unaudited financial statements for the 11-month period ended November 30, 2025 (also presented in full in Annexe A).
Cumulative receipts
$22.3M
As at 3 Jun 202605 Fifth Report of the Monitor (in French)
Cash on hand
$5.17M
As at 3 Jun 202605 Fifth Report of the Monitor (in French)
Professional fees to date
$2.77M
As at 3 Jun 202605 Fifth Report of the Monitor (in French)
| Date | Document | File |
|---|---|---|
| Newspaper Ad - Le Nouvelliste | ||
| Notice and Instructions under the Wage Earner Protection Program Act (WEPPA) | ||
| Certificate of appointment | ||
Minutes of the June 5th, 2026 Hearing (in French)
| ||
Order Authorizing Certain Transactions (in French)
| ||
Order amending the Amended and Restated Initial Order dated January 26, 2026, granting certain additional powers to the Monitor and terminating the CCAA proceedings (in French)
| ||
05 Fifth Report of the Monitor (in French)
| ||
| Sworn Declaration (in French) | ||
Motion for the Issuance of an Order Authorizing Certain Transactions and for the Issuance of Ancillary Orders (in French)
| ||
Instructions for the Monitor (in French)
| ||
Order modifying the Amended and Restated Initial Order dated January 26, 2026 (in French)
| ||
| Minutes to the May 7, 2026 Hearing (in French) | ||
Fifth Stay Extension Order (in French)
| ||
Fourth Report of the Monitor (in French)
| ||
Minutes to the May 6th, 2026 Hearing
| ||
| Monitor’s Motion for the Issuance of an Order Containing Instructions for the Monitor (in French) | ||
Motion for the issuance of an Approval and Vesting Order, a Liquidation Order and an Order Amending the Amended and Restated Initial Order (in French)
| ||
Fourth Stay Extension Order (in French)
| ||
Minutes to the May 1st, 2026 Hearing
| ||
Minutes to the April 30, 2026 Hearing
| ||
Motion for the issuance of a Stay Extension Order (in French)
| ||
Third Stay Extension Order (in French)
| ||
Minutes to the April 24, 2026 Hearing (in French)
| ||
Stay Extension Order (in French)
| ||
Third Report of the Monitor (in French)
| ||
Stay Extension Order to April 24, 2026 (in French)
| ||
| Motion for a Stay Extension Order (in French) | ||
| Second Monitor's Report (in french) | ||
Amended and Restated Initial Order, extending the Stay of Proceedings to April 17, 2026 (UNOFFICIAL TRANSLATION)
| ||
Minutes to the January 26, 2026 Hearing
| ||
Opportunity Summary (Teaser)
| ||
| Notice to Creditors | ||
Initial Order (in french)
| ||
Order approving a sale and investment solicitation process (in french)
| ||
| Amended Minutes to Hearing of January 14, 2026 (in french) | ||
| List of Creditors | ||
Pre-Filing Report of the Proposed Monitor (in french)
| ||
Service List
| ||
Motion for the Issuance of (i) an Initial Order, (ii) an Amended and Restated Initial Order and (iii) an Order approving an investment and sale solicitation process (in french)
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Duchesne et Fils Ltée” (CCAA), Superior Court of Québec · Commercial Division. Retrieved 20 September 2026, https://proceedings.ca/case/duchesne-et-fils-lt-e