Proceedings.

Imex Agro Inc.

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BankruptcyArticles 43 (2), 46 et 47 de la Loi sur la faillite et l'insolvabilité, art. 69 et 70 des Règles générales sur la faillite et l'insolvabilité
File
550-11-019225-250
Filings held5
Last activity30 Jul 2025
On the record483 days
Secured debtSubscribers
OverviewSummary updated

Imex Agro Inc. was placed in bankruptcy by order of the Superior Court of Québec on July 10, 2025, under court file 550-11-019225-250, with PwC appointed trustee. The Statement of Affairs, prepared from debtor-supplied data and unverified by the trustee, shows assets of $12,833,283.00 against liabilities of $15,125,308.18, a deficiency of $2,292,025.18; the company had prepared no internal financial statements since March 2025. As of July 29, 2025, secured claims were asserted by National Bank of Canada ($5,893,600.85), the Business Development Bank of Canada ($418,954.13), Grupo Comercial Campo Verde, S.A.C ($187,374.87, claimed under section 81.7 of the BIA as an unpaid supplier of fresh produce) and Location SCI ($62,039.67 on a 2022 Jeep Gladiator). The trustee is to obtain a legal opinion on the validity of the security before any distribution.

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Case updates6 dated entries
#Filing

Imex Agro Inc. — Bankruptcy filed, Québec.

Parties

Debtor

Imex Agro Inc.

Trustee in bankruptcy

PwC

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice FaullemSuperior Court of Québec1 order, Jul 20254 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantBanque Nationale du CanadaMcCarthy Tétrault LLP10 Jul 2025Order · 10 Jul 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredNational Bank of Canada · in 101 casesAll movable tangible and intangible assets of the Company — Estimated unsecured portion of this claim: $3,000,000.00. Pre-filing facilities with this lender were CAD 750,000 and USD 6,000,000 (facility limits, not balances, per para 2.3). Trustee to obtain legal opinion on validity of security before distribution. Also holds a $100,000 max guarantee to cover Trustee's fees/disbursements (unrelated to this secured claim). — debtor: Imex Agro Inc. · as of 29 Jul 2025$5.89MTrustee’s report to the creditors on its preliminary administration
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

83 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: no distribution.EstimatedTrustee’s report to the creditors on its preliminary administration · 30 Jul 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionconditionalEstimatedper the trusteeTrustee’s report to the creditors on its preliminary administration · 30 Jul 2025

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.

Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

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

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Documents5 filings
DateDocumentFile
Trustee’s report to the creditors on its preliminary administration
  • Applicant National Bank of Canada
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role trustee
  • Commencement date 10 July 2025
  • + 6 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Bankruptcy Order (in French only)
  • Counsel McCarthy Tétrault s.e.n.c.r.l., s.r.l.
  • Presiding officer Justice Jean Faúllem
PDF · Subscribers
Order appointing an Interim Receiver (in French only)
  • Presiding officer Justice Sophie Leblanc
PDF · Subscribers
Request for Issuance of a Bankruptcy Order and the Appointment of an Interim Receiver (in French only)
  • Applicant BANQUE NATIONALE DU CANADA
  • Appointee PRICEWATERHOUSECOOPERS INC.
  • Appointee role Séquestre intérimaire proposé / Syndic proposé
  • Court COUR SUPÉRIEURE
  • + 3 more extracted facts
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., “Imex Agro Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/imex-agro-inc

Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/imex-agro-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.