Just for Laughs Group (Groupe Juste pour Rire) remains under active CCAA protection in the Superior Court of Québec. Its secured debt is led by Banque Nationale du Canada at CAD 16,678,862, followed by the Société de développement des entreprises culturelles at CAD 2,533,333 and the Banque de développement du Canada at CAD 2,014,310, with Aréna des Canadiens Inc. and Bell Media Inc. each listed at CAD 1,000,000 and Christopher Silbermann, an individual and possible related party, at CAD 427,201. The listing of creditors itemises approximately 480 unsecured claims totalling CAD 8,204,919, the largest being AEG Presents (UK) Limited at CAD 443,318, Bell Canada accounts of CAD 253,425 and CAD 102,311, and Big Yellow Taxi Productions Pty Ltd at CAD 203,424. Aréna des Canadiens and Bell Media also appear as unsecured creditors, at CAD 261,239 and CAD 108,101.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
The officer filed a report. All of the debtors' assets have been sold (to ComediHa! and via the building sale), leaving no significant remaining assets capable of generating further realizations for creditors; the CCAA proceedings have since concluded and the debtors were assigned into bankruptcy.
The court granted an approval and vesting order for the sale to 9449-6569 Québec Inc. et 1141137 Canada Inc. Closing terms, as extracted: Title vests in the Purchaser upon the Monitor filing the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none). Sealed: Unredacted Purchase Agreement (Exhibit P-4) kept confidential and under seal until the earlier of closing of the Transaction or a further court order.
The court granted an approval and vesting order for the sale to Kai Jin. Closing terms, as extracted: Title vests in the Purchaser upon issuance of the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none).
The court granted an approval and vesting order for the sale to ComediHa! 24 Inc. Closing terms, as extracted: Closing occurs on the Effective Date, being the date the Monitor issues its Certificate; the Monitor may rely on written notice from the Sellers and the Buyer that closing conditions are fulfilled. Sealed: Purchase Agreement (Exhibit R-3) filed under seal until Closing of the Proposed Transaction, Schedules B, C, D and E to the Third Report (Exhibit R-6) kept confidential and under seal until further order.
The court granted an approval and vesting order for the sale to Festival International du Rire ComediHa!, 9511-9608 Quebec Inc. Sealed: The Purchase Agreement (Exhibit R-3) is filed under seal and kept confidential until further order of the Court.
When a Canadian company can't pay its debts, it can restructure under the CCAA or a proposal, its lender can put in a receiver, or it can go bankrupt. Who controls the business on each route, who decides, how long it takes and what creditors get, drawn from the court record.
Parties
Debtor
Just for Laughs Group
Monitor
PwC
Bench and counselPer the orders and service lists on the record
ComediHa! 24 Inc.the Purchased Assets and Purchased Shares (Just For Laughs Group business, via reverse vesting structure with pre-closing reorganization) · share sale · ResidualCo: 9517-3258 Québec inc. · agreement 29 May 2024
Kai JinL'immeuble connu et désigné comme étant le lot numéro DEUX MILLIONS CENT SOIXANTE MILLE NEUF CENT QUATRE-VINGT-DIX-SEPT (2 160 997) du Cadastre du Québec ... situé au 2095-2101, Boulevard Saint-Laurent ... Tous les biens meubles corporels des Débitrices situés dans ou sur l'Immeuble · real property · nominee/assignee: une société à être incorporée · agreement 7 Nov 2024
9449-6569 Québec Inc. et 1141137 Canada Inc.l'immeuble connu et désigné comme étant le lot numéro 2 160 997 du Cadastre du Québec, situé au 2095-2101 Boulevard Saint-Laurent, Montréal, et tous les biens meubles corporels des Débitrices situés dans ou sur l'Immeuble · real property · agreement 17 Feb 2025
Closing termsTitle vests in the Purchaser upon the Monitor filing the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none)Approval and Vesting Order (in French only)
Sealed materialsThe Purchase Agreement (Exhibit R-3) is filed under seal and kept confidential until further order of the Court; Purchase Agreement (Exhibit R-3) filed under seal until Closing of the Proposed Transaction; Schedules B, C, D and E to the Third Report (Exhibit R-6) kept confidential and under seal until further order; Unredacted Purchase Agreement (Exhibit P-4) kept confidential and under seal until the earlier of closing of the Transaction or a further court orderApproval and Vesting Order
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
Cumulative receipts
$29.5M
As at 12 Jan 2026Trustee's report to the creditors on its preliminary administration (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.
Closing confirmedClosed · 9 Apr 2025; Did not complete · date not stated · Kai Jin
Purchaseroffrant/acheteur de l'Immeuble, non nommé dans le texte disponible · l'Immeuble · real property · closed; Kai Jin · l'Immeuble · real property · not completed; ComediHa! · transaction avec ComediHa! · asset sale · closed
Sale advisorPwC CF (financial advisor)
Sale outcomeSale closed — Vente de l'Immeuble clôturée et BDC payée en entier
Closing termsTitle vests in the Purchaser upon the Monitor filing the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none)
Order date6 March 2025
Presiding officerJustice David R. Collier
Purchaser9449-6569 Québec Inc. et 1141137 Canada Inc. · l'immeuble connu et désigné comme étant le lot numéro 2 160 997 du Cadastre du Québec, situé au 2095-2101 Boulevard Saint-Laurent, Montréal, et tous les biens meubles corporels des Débitrices situés dans ou sur l'Immeuble · real property · approved
Closing confirmedClosed · date not stated; Did not complete · 11 Dec 2024 · M. Kai Jin
Process results79 solicited · 11 NDAs · 7 LOIs · 1 qualified bids · 7 bids · as of 12 Feb 2025
Purchaseracheteur ComediHa!, closing complété, vente antérieure · les actifs achetés et des activités liées de JPR (Transaction ComediHa!) · asset sale · closed; M. Kai Jin · l'Immeuble · real property · terminated; 9449-6569 Québec Inc. et 1141137 Canada Inc. · l'Immeuble · real property · proposed
Sale advisorColliers Canada (listing broker); PwC CF (listing broker)
Closing termsTitle vests in the Purchaser upon issuance of the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none)
Order date27 November 2024
Presiding officerJustice Michel A. Pinsonnault
PurchaserKai Jin · nominee/assignee une société à être incorporée · L'immeuble connu et désigné comme étant le lot numéro DEUX MILLIONS CENT SOIXANTE MILLE NEUF CENT QUATRE-VINGT-DIX-SEPT (2 160 997) du Cadastre du Québec ... situé au 2095-2101, Boulevard Saint-Laurent ... Tous les biens meubles corporels des Débitrices situés dans ou sur l'Immeuble · asset sale · approved
Process results3 qualified bids · 3 bids · as of 11 Oct 2024
PurchaserAcheteur ayant conclu la Transaction ComediHa!, non nommé dans le texte fourni · les actifs achetés et des activités liées de JPR · asset sale · closed; offrant du 21 octobre 2024 dont l'offre est devenue nulle et non avenue · l'Immeuble · real property · not completed; nouvel offrant, offre du 7 novembre 2024 pour l'Immeuble · l'Immeuble · real property · proposed
PurchaserComediHa! · actifs achetés et des activités liées de JPR · asset sale · closed; acheteur potentiel de l'Immeuble, non nommé · l'Immeuble situé au 2101 boulevard St-Laurent · real property · proposed
Sale advisorColliers Canada (listing broker)
Sale outcomeSale closed — Vente des actifs à ComediHa! clôturée; vente de l'Immeuble en attente d'approbation
Closing termsClosing occurs on the Effective Date, being the date the Monitor issues its Certificate; the Monitor may rely on written notice from the Sellers and the Buyer that closing conditions are fulfilled.
Order date3 June 2024
Presiding officerJustice Martin Castonguay
PurchaserComediHa! 24 Inc. · the Purchased Assets and Purchased Shares (Just For Laughs Group business, via reverse vesting structure with pre-closing reorganization) · share sale · approved
Process results5 qualified bids · 3 bids · as of 10 May 2024
PurchaserComediHa! · l'ensemble des éléments d'actifs (à l'exception de l'Immeuble) · assets and shares · proposed; offrant non identifié pour l'Immeuble · l'Immeuble situé au 2101 boulevard St-Laurent · real property · proposed
Sale advisorPricewaterhouseCoopers Corporate Finance (financial advisor); Colliers Canada (listing broker)
Sale outcomeSuccessful bid selected — sélection de l'offre de ComediHa! comme soumissionnaire gagnant, transaction envisagée en attente d'approbation
PurchaserFestival International du Rire ComediHa! · the Purchased Assets, as defined in the Purchase Agreement · asset sale · approved; 9511-9608 Quebec Inc. · the Purchased Assets, as defined in the Purchase Agreement · asset sale · approved
Sale outcomeSale approved — The Court approved the sale transaction under the Purchase Agreement dated March 14, 2024 and vested the Purchased Assets in the Purchasers free and clear of Encumbrances.
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Just for Laughs Group” (CCAA), Superior Court of Québec. Retrieved 5 November 2026, https://proceedings.ca/case/just-for-laughs-group
Sources last checked · summary updated 4 September 2026 · Report a correction · Printed from proceedings.ca/case/just-for-laughs-group
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.