John Scotti Leasing Inc. et al.
- Proceeding
- Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act
- File
- 500-11-067044-269
- Industry
- Business & consumer services · Rental & leasing
John Scotti Leasing Inc. et al. are in a court-appointed receivership commenced on 1 April 2026 in the Superior Court of Québec. Bank of Montreal applied under section 243 of the Bankruptcy and Insolvency Act, and Restructuration Deloitte inc. was appointed receiver. Bank of Montreal is stated as a secured creditor for $91,849,351.16. The proceeding is carried on court file 500-11-067044-269.
A claims procedure has been established — see the order for deadlines.
Trustee’s Report on the Preliminary Administration of the Estate (French Original Version) — Court officer report
The court granted an approval and vesting order for the sale to Holand Leasing (1995) Ltd. Closing terms, as extracted: Vesting occurs upon issuance of the Receiver's Certificate, confirming execution/delivery of the Purchase Agreement, delivery of Purchaser's Certificate, payment of Purchase Price, and satisfaction/waiver of closing conditions. Sealed: Unredacted Asset Purchase Agreement (Exhibit R-1A), Schedule 1.1.2 to the Purchase Agreement and Exhibit R-1C, Unredacted Annexes E, G, H, I, J, K, L, M, O, P, S and S.1 of the Report.
Source: Approval and Vesting Order
Order Expanding the Powers of the Receiver (French original version) was filed.
Source: Order Expanding the Powers of the Receiver (French original version)
Vesting and Reduction Order (French original version) was filed.
Source: Vesting and Reduction Order (French original version)
Motion of the Receiver for an Approval and Vesting Order and for Related Relief (French Original Version) — Application / notice of application
Order on Motion of the Receiver for Directions and for Authorization with Respect to the Sale of Motor Vehicules (French original version) was filed.
Motion of the Receiver for Directions and for Authorization with Respect to the Sale of Motor Vehicules (French Original Version) — Application / notice of application
Projet LJS – Mémorandum d’information et Modalités et conditions (unofficial French version) — Stakeholder communication
The receivership order of 1 April 2026 appointed Restructuration Deloitte inc. as receiver on the application of Bank of Montreal.
Source: Order appointing a Receiver
Aplication for the Appointment of a Receiver (French Original Version) — Application / notice of application
Undated filings3 — no date appears on the document · show
Entente de confidentialité et de non-divulgation — Court officer report filed
Outcome brief
John Scotti Leasing: Holand takes the leases, and the estate is valued at nil
Bank of Montreal says an audit of the Pointe-Claire exotic-car lessor found 77 financed vehicles sold with $13,272,327.60 of loans unpaid; five months into Deloitte's receivership, 367 vehicles and their leases have gone to Holand Leasing at a redacted price, the receiver has assigned the company into bankruptcy, and the trustee reports an estate of nil value and no review of pre-bankruptcy transactions.
Debtor
John Scotti Leasing Inc.
Applicant
Bank of Montreal
Receiver
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Rogers | Superior Court of Québec | 3 orders, Jul 2026 | 16 cases on record |
| Registrar Aubé | Superior Court of Québec | 2 orders, Apr 2026 | 79 cases on record |
Counsel of record
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Banque de Montréal (BMO) · in 46 casesHypothèque mobilière (22 mai 2019) au montant de 100 000 000 $ plus hypothèque additionnelle de 20 000 000 $ (RDPRM #19-0551072-0001); Hypothèque mobilière (6 avril 2021) au montant de 150 000 000 $ plus hypothèque additionnelle de 30 000 000 $ (RDPRM #21-0687767-0001) - both are registration ceilings, not balances; garantie en vertu de l'art. 427 Loi sur les banques; security agreement grevant les biens en inventaire — Balance stated as 'Endettement' under the Facilité de Location per BMO account statements (Pièce R-7), à parfaire des intérêts courus/à courir, frais et ajustements. Prose in t · as of 21 Jul 2026 | $91.8M | Motion of the Receiver for an Approval and Vesting Order and for Related Relief (French Original Version) |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
4 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plans2 transactions · 1 closed · 1 approved — Receiver solicits binding bids for the vehicles of Location John Scotti Inc. / John Scotti Leasing Inc.; any sale is subject to approval of the Lender and the Court.Information Memorandum and Terms Conditions · 7 Oct 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Holand Leasing (1995) Ltd.les actifs décrits à l'Annexe C des présentes (collectivement les « Actifs achetés ») · asset sale · agreement 8 Jul 2026 | Subscribers | Closed31 Jul 2026 | Certificate of the Receiver |
| more than 350 vehicles sold pursuant to the Approval and Vesting Order, purchasers unnamedplus de 350 véhicules faisant partie des Biens sous Séquestre · asset sale | not stated | Approvedoutside 18 Dec 2026 | Trustee’s Report on the Preliminary… |
As at ·
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 |
|---|---|---|
Information Memorandum and Terms Conditions
| PDF · Subscribers | |
Mémorandum d’information et Modalités et conditions - 7 octobre 2026
| PDF · Subscribers | |
Trustee’s Report on the Preliminary Administration of the Estate (French Original Version)
| PDF · Subscribers | |
Notice to creditors dated August 19, 2026
| PDF · Subscribers | |
| Certificate of Appointment (French Original Version) | PDF · Subscribers | |
Proof of claim
| PDF · Subscribers | |
Certificat de clôture du séquestre - 31 juillet 2026
| PDF · Subscribers | |
Certificate of the Receiver
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Judgment (Voluntary Aggressive Intervention)
| PDF · Subscribers | |
Order Expanding the Powers of the Receiver (French original version)
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Vesting and Reduction Order (French original version)
| PDF · Subscribers | |
Receiver's First Report to the Court (French Original Version)
| PDF · Subscribers | |
Motion of the Receiver for an Approval and Vesting Order and for Related Relief (French Original Version)
| PDF · Subscribers | |
Order on Motion of the Receiver for Directions and for Authorization with Respect to the Sale of Motor Vehicules (French original version)
| PDF · Subscribers | |
| Authorities of the Receiver (French Original Version) | PDF · Subscribers | |
| Receiver's Factum (French Original Version) | PDF · Subscribers | |
Motion of the Receiver for Directions and for Authorization with Respect to the Sale of Motor Vehicules (French Original Version)
| PDF · Subscribers | |
| Project LJS - Information Memorandum and Terms Conditions | PDF · Subscribers | |
| Projet LJS – Mémorandum d’information et Modalités et conditions (unofficial French version) | PDF · Subscribers | |
Aplication for the Appointment of a Receiver (French Original Version)
| PDF · Subscribers | |
Order appointing a Receiver
| PDF · Subscribers | |
Order authorizing collaboration with the Receiver (French original version)
| PDF · Subscribers | |
Project LJS - Acquisition Opportunity
| PDF · Subscribers | |
Projet LJS – Opportunité d'acquisition
| PDF · Subscribers | |
Confidentiality and Non-Disclosure Agreement
| PDF · Subscribers | |
Entente de confidentialité et de non-divulgation
| PDF · Subscribers | |
| Registration Form for the first meeting of creditors | 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., “John Scotti Leasing Inc. et al.” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/john-scotti-leasing-inc