Groupe Finstar Inc. and related entities
Follow- Proceeding
- Receivership (court-appointed)Article 243 de la Loi sur la faillite et l'insolvabilité
- File
- 700-11-023067-269
Groupe Finstar Inc. and related entities have been in court-appointed receivership since April 16, 2026 under section 243 of the BIA and provincial Judicature Act authority. The group's principal activities are the development, enhancement and management of real estate projects. The receiver's first report is dated April 27, 2026 at Montréal. On June 5, 2026 the court issued two orders: one permitting the receiver to implement an investment solicitation and sale process, and one approving a claims process. Claims are due by July 16, 2026, addressed to Raymond Chabot Inc. in Montréal, attention Jean Gagnon, CPA, PAIR, SAI. Bids are due August 6, 2026 at 5:00 p.m. Cash on hand is about $30,000 CAD, and an administration charge of $500,000 CAD has been sought. The proceeding remains active.
The claims bar date has passed — claims were due by
Per the Finstar - Instructions aux créanciers - Instructions to Creditors dated 8 June 2026.
A receivership order was granted.
Source: 2026-06-05 Modified et Restated Order appointing a Receiver (in French)
13 earlier updates, back to 5 June 2026 — subscribers.
Debtor
Groupe Finstar Inc. and related entities
Applicant
Carl Dumont
Receiver
Raymond Chabot
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morin | Superior Court of Québec | 5 orders, May 2026 – Jun 2026 | 7 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorBANK OF NOVA SCOTIA | McCarthy Tétrault LLP | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorBanque Équitable | Kaufman Lawyers LLP | 14 Apr 2026 | Service list · 14 Apr 2026 |
| CreditorBANQUE LAURENTIENNE DU CANADA M. Michael Tsang | Osler, Hoskin & Harcourt LLP | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorBANQUE NATIONALE M. Alexandre Cyr | Langlois Avocats | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorCAPITAL CLEARVIEW INC. M. Michel Knot | L.g. | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorCAPITAL IDO INC. M. James Malo | Fasken Martineau DuMoulin LLP | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorChalets Luxor inc | Kellner | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorCLAUDE FLEURENT | Robillard Prescott Morissette | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorClaude Florent | Robillard Prescott Morissette | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorConsultant en Développement et Gestion Urbaine Cdgu Inc | Crochetière Pétrin | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorEnsemencements N.Brouillette Inc | Myriam Simard | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorExtrême Électrique Inc | Bessette Boudreau | 14 Apr 2026 | Service list · 14 Apr 2026 |
| CreditorGESTION IMMOBILIÈRE INFINI (2012) INC. M. Alexandre Pilon | Viens & Viens | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorGestion Mcmilac Inc | Brunet Greiss | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorM. Xavier Trépanier , administrateur de la caution 9463-4482 Québec inc | Bélanger Paradis | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorMegan Tremblay | Kellner | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorModules Ultra Inc | Therrien Couture Joli-Coeur s.e.n.c.r.l. | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorMylène Jalbert-Savard et Benoit Beaucage, es qualité de liquidateurs à la succession de feu Sylvain Jalbert | Viens & Viens | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorNICK DESJARDINS INC. M. Nick Desjardins | Luft Légal s.e.n.c.r.l. | 27 Apr 2026 | Service list · 27 Apr 2026 |
| CreditorSébastien Lemay | Kellner | 11 Sep 2026 | Service list · 11 Sep 2026 |
| CreditorVILLE DE TERREBONNE M e Louis-Alexandre Robidoux louis | Bélanger Sauvé | 27 Apr 2026 | Service list · 27 Apr 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Carl DumontPetitioning secured creditor who sought the receivership order; same $30,071,640.13 claim recurs across multiple Finstar entities (apparent cross-collateralized/blanket claim) — debtor: Groupe Finstar Inc. · as of 27 Apr 2026 | $30.1M | Avis séquestre - Groupe Finstar |
Sale process approved — Ordonnance autorisant le Séquestre à mettre en œuvre le PSIV2026-06-05 SISP Order (in French) · 5 Jun 2026
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$30K
As at 27 Apr 2026Rapport du Séquestre - 2026-04-27
| Date | Document | File |
|---|---|---|
2026-09-11 Service List
| PDF · Subscribers | |
| Finstar - Proof of claim | PDF · Subscribers | |
Finstar - Instructions aux créanciers - Instructions to Creditors
| PDF · Subscribers | |
2026-06-05 Claims Process Order (in French)
| PDF · Subscribers | |
2026-06-05 Judgement (in French)
| PDF · Subscribers | |
2026-06-05 Modified et Restated Order appointing a Receiver (in French)
| PDF · Subscribers | |
2026-06-05 SISP Order (in French)
| PDF · Subscribers | |
2026-05-01 - Jugement
| PDF · Subscribers | |
| 2026-04-30 - Procès-verbal d'audience | PDF · Subscribers | |
2026-04-27 - Liste de notification
| PDF · Subscribers | |
Avis séquestre - Groupe Finstar
| PDF · Subscribers | |
Rapport du Séquestre - 2026-04-27
| PDF · Subscribers | |
2026-04-16 - Jugement sur la demande de séquestre et l'ordonnance de sauvegarde
| PDF · Subscribers | |
2026-04-14 - Liste de distribution
| PDF · Subscribers | |
Groupe Finstar - Solicitation Documents
| 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., “Groupe Finstar Inc. and related entities” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/groupe-finstar-inc-and-related-entities