#Report
Trustee’s Report on the Preliminary Administration of the Estate (French Original Version) — Court officer report
John Scotti Leasing Inc. et al.
FollowActive
- Proceeding
- Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act
- File
- 500-11-067044-269
OverviewSummary updated
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.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
FormProof of claim
Proceedings AIAsk this case — answers cite the filings
Case updates25 dated entries · 1 undated
#Claims
A claims process was approved, the date of bankruptcy being 14 August 2026.
Source: Proof of claim
22 earlier updates, back to 1 April 2026 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
AnalysisAll insights
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.
Parties
Debtor
John Scotti Leasing Inc.
Applicant
Bank of Montreal
Receiver
Deloitte
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Rogers | Superior Court of Québec | 2 orders, Jul 2026 | 12 cases on record |
| Registrar Aubé | Superior Court of Québec | 2 orders, Apr 2026 | 53 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDeloitte | Fishman Flanz Meland Paquin LLP | 29 Jul 2026 | Service list · 29 Jul 2026 |
| ApplicantBank of Montreal | Borden Ladner Gervais LLP | 1 Apr 2026 | Order · 1 Apr 2026 |
| CreditorBanque de Montréal | Borden Ladner Gervais LLP | 4 Jun 2026 | Order · 4 Jun 2026 |
| CreditorCréancière | Borden Ladner Gervais LLP | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorJoe Gagliese | Grondin Savarese Legal Inc . | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorM. Éric Paquette et M | Fréchette | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorMe Michel Pelletier | Michel Pelletier Avocat Inc. | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorMe Simon Girard | GB Légal, | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorMy Way Financing Inc | Resolex Société D'Avocats | 4 Jun 2026 | Order · 4 Jun 2026 |
| CreditorRestructuration Deloitte inc | Fishman Flanz Meland Paquin LLP | 1 Apr 2026 | Order · 1 Apr 2026 |
| CreditorSouheil Family Trust | Spiegel Ryan s.e.n.c.r.l. | 29 Jul 2026 | Service list · 29 Jul 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Banque de Montréal (BMO) · in 43 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) |
4 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
2 transactions · 1 closed · 1 approved — vente de plus de 350 véhicules approuvée par ordonnance de dévolution, réalisation des biens résiduels en coursTrustee’s Report on the Preliminary Administration of the Estate… · 2 Sep 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 | Approved | Trustee’s Report on the Preliminary… |
AdvisorsRestructuration Deloitte inc. (sale agent); Deloitte Restructuring Inc. (sale agent)Project LJS - Acquisition Opportunity
Closing termsDelivery of the Receiver's Closing Certificate upon signing, satisfaction of purchase price, and fulfillment of closing conditionsVesting and Reduction Order (French original version)
Sealed materialsUnredacted 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; Asset Purchase Agreement and Agreement of Adjustment and AmendmentApproval and Vesting Order
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
25 filings
| Date | Document | File |
|---|---|---|
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 | |
| 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 20 September 2026, https://proceedings.ca/case/john-scotti-leasing-inc