Endorecherche Inc. filed an assignment in bankruptcy in Quebec on 29 September 2026 under section 49 of the Bankruptcy and Insolvency Act, with Ernst & Young Inc. named syndic the same day under court file 200-11-031150-264. The Form 78 statement of affairs sworn by Claude Labrie declares total assets of $22,564.16 — almost entirely bank deposits of $22,561.16, with advances to shareholders, patents and shares each carried at $1.00 — against unsecured liabilities of $20,045,207.40 and no secured or preferred claims, for a declared deficit of $20,022,643.24. The largest entries are an $11,457,715.00 related-party loan from 2751-8901 Québec Inc. and matching claims of $4,125,812.00 each by Université Laval and CHU Québec. The debtor attributes its difficulties to poor financial results, poor management and tax debts. The proceeding is active.
Syndic's report under s. 102(1) recorded two unsecured proofs of claim totalling $15,583,527, carried patents at nil for unpaid renewal fees, and anticipated no distribution to unsecured creditors.
Source: Trustee's Preliminary Report on the Administration of the Estate (in French)
Ernst & Young Inc. was appointed syndic on the bankruptcy of Endorecherche Inc., effective the 29 September 2026 commencement date under section 49 of the BIA.
Debtor
Endorecherche Inc.
Trustee in bankruptcy
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (proofs of claim filed, two proofs) · in 563 casesProofs of claim FILED, distinct from the debtor-declared total of $20,045,207.40; creditors not named in the report. The Trustee has neither accepted nor rejected any claim and does not intend to reconcile proofs with the debtor's records unless funds become available for distribution. — debtor: Endorecherche Inc. · as of 20 Oct 2026 | $15.6M | Trustee's Preliminary Report on the Administration of the Estate (in French) |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
8 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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Cash on hand
$22.6K
As at 20 Oct 2026Trustee's Preliminary Report on the Administration of the Estate (in French)
The 2 totals 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 |
|---|---|---|
Trustee's Preliminary Report on the Administration of the Estate (in French)
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
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Certificate of Appointment - modified
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CiteProceedings., “Endorecherche Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/endorecherche-inc
Sources last checked · summary updated 2 October 2026 · Report a correction · Printed from proceedings.ca/case/endorecherche-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.