Proceedings.

Gestion Max Lavoie

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Proceeding
NOIArticle 50.4(9) de la Loi sur la faillite et l'insolvabilité
File
505-11-017770-236
Industry
Retail
Filings held13
Last activity9 Jul 2024
On the record1,084 days
Secured debtSubscribers
OverviewSummary updated

Gestion Max Lavoie Inc., a Quebec company, is the subject of active insolvency proceedings. Internal, unaudited consolidated statements covering the company and its four subsidiaries show total assets of $7,914,487 against total liabilities of $9,664,773 as at October 31, 2023, and a shareholders' equity deficit of $1,750,285. That reverses earlier review-engagement figures of $10,508,522 in assets against $6,675,532 in liabilities at December 31, 2021, and $9,499,763 against $8,836,150 at December 31, 2022. Desjardins is listed as secured for $1,719,406, with a further contingent guarantee claim of $2,521,473. The largest unsecured claims on the list of creditors filed with the notice of intention are $700,000 owing to 9373-2063 Québec Inc., $500,000 to Desjardins Capital and $340,000 to 2954-2636 Québec Inc. Those figures were taken from the corporation's books and records and may be incorrect.

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Case updates13 dated entries
#Report

The officer filed report no. Troisième rapport. The Debtors continue operating under their notice of intention, funding the off-season with a $350k alternative financing injection and a reorganization plan (inventory reduction, lease review, expense controls, supplier agreements ahead of the April–August high season); they intend to file a proposal within statutory deadlines.

Source: Third Report of the Trustee on the Business and Financial Affairs of the Debtors (in French only)

Parties

Debtor

Gestion Max Lavoie

Proposal trustee

PwC

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredDesjardins (caution) · in 16 casesas of NOI filing date — Listed under 'Éventuels / Contingent' - a contingent claim (guarantee/caution), not a confirmed secured balance. — debtor: Gestion Max Lavoie Inc.$2.52MNotice of Filing of Intention to Make a Proposal
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

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

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution.Under the plan · sanctionedReport of the Trustee on the business and financial affairs of the… · 3 May 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecured——conditionalUnder the plansanctionedper the trusteeReport of the Trustee on the business and financial affairs of the… · 3 May 2024

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$802K

As at 24 Jan 2024Second Report of the Trustee on the Business and Financial Affairs of the Debtors (in French only)

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the 2 totals the debtor stated at filing

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

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Documents
13 filings
DateDocumentFile
Minutes of Hearing (Approval of Proposal)PDF · Subscribers
Notice of Proposal to Creditors (incl. Proof of Claim and Votation forms)PDF · Subscribers
Report of the Trustee on the business and financial affairs of the Debtor (in French only)
  • Operational summary BBQ Québec continues operating its remaining retail branches (Boucherville, Laval, Québec) and distribution business while under proposal proceedings, though sales have lagged budget due to weather and a retail slowdown; the Montréal branch ceased operations on December 31, 2023.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Minutes of hearing (in French onlyPDF · Subscribers
Third Report of the Trustee on the Business and Financial Affairs of the Debtors (in French only)
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Debtor's third request for an extension of time to file a proposal (in French only)
  • Applicant GESTION MAX LAVOIE INC.
  • Appointee PRICEWATERHOUSECOOPERS INC.
  • Appointee role Syndic
  • Court COUR SUPÉRIEURE
  • + 3 more extracted facts
PDF · Subscribers
Second Order for extension of time (in French only)PDF · Subscribers
Second Report of the Trustee on the Business and Financial Affairs of the Debtors (in French only)
  • Operational summary The debtors continue to operate with the trustee monitoring their affairs, selling inventory, pursuing loans and discussions with secured creditors to prepare a proposal, and seeking a 45-day extension of the proposal filing deadline.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Debtor's second request for an extension of time to file a proposal (in French only)
  • Applicant GESTION MAX LAVOIE INC.
  • Court COUR SUPÉRIEURE
  • Court file no 505-11-017770-236
  • Province QUÉBEC
  • + 1 more extracted fact
PDF · Subscribers
Order for extension of time (in French only)PDF · Subscribers
Report of the Trustee on the Business and Financial Affairs of the Debtors (in French only)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Debtor's first request for an extension of time to file a proposal (in French only)
  • Applicant 9312-0491 QUÉBEC INC.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Syndic
  • Court COUR SUPÉRIEURE (Chambre Commerciale) (En matière de faillite et d'insolvabilité)
  • + 3 more extracted facts
PDF · Subscribers
Notice of Filing of Intention to Make a Proposal
  • Commencement date 17 November 2023
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Gestion Max Lavoie” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/gestion-max-lavoie

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/gestion-max-lavoie

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.

Gestion Max Lavoie — Notice of intention | Proceedings.