Proceedings.

Just for Laughs Group

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Proceeding
CCAASections 9, 10, 11, 11.02, 11.03, 11.52 and 23 of the Companies' Creditors Arrangement Act, RSC 1985, c C-36
File
500-11-063779-249
Filings held52
Last activity12 Jan 2026
On the record965 days
Secured debtSubscribers
OverviewSummary updated

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.

Per the Claims Process Order dated 18 June 2024.

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Case updates52 dated entries
#Sale

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.

Source: Approval and Vesting Order (in French only)

#Sale

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).

Source: Vesting and Approval Order (in French only)

#Sale

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.

Source: Sale Approval and Vesting Order

#Sale

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.

Source: Approval and Vesting Order

Guide

CCAA vs bankruptcy vs receivership: what's the difference in Canada

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

Bench

JudgeCourtOn this docketCases on record
Justice CollierSuperior Court of Québec12 orders, Mar 2024 – May 202524 cases on record
Justice CastonguaySuperior Court of Québec3 orders, Jun 202427 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorPwCDavies Ward Phillips & Vineberg LLP · Osler, Hoskin & Harcourt LLP27 Aug 2024Order · 23 Dec 2024
ApplicantJust for Laughs GroupOsler, Hoskin & Harcourt LLP15 Mar 2024Order · 15 Mar 2024
CreditorRevenu QuebecOsler, Hoskin & Harcourt LLP27 Aug 2024Order · 27 Aug 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBanque Nationale du Canada (BNC) · in 112 casesdebtor: Groupe Juste pour Rire / Just for Laughs Group$16.7MList of Creditors as at March 21, 2024
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

92 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

8 transactions · 4 closed · 2 approved · 2 not completed — Vente des actifs opérants à ComédiHa! et vente subséquente de l'immeuble, avec produit insuffisant pour distribuer aux créanciers non garantisTrustee's report to the creditors on its preliminary administration (in… · 12 Jan 2026

PurchaserPriceStatusSource
9511-9608 Quebec Inc.the Purchased Assets, as defined in the Purchase Agreement · asset sale · agreement 14 Mar 2024SubscribersApproved15 Mar 2024Approval and Vesting Order
Festival International du Rire ComediHa!the Purchased Assets, as defined in the Purchase Agreement · share sale · agreement 14 Mar 2024SubscribersClosed7 Jun 2024Trustee's report to the creditors on its…
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 2024SubscribersClosed7 Jun 2024Fourth Report of the Monitor (in French only)
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 2024SubscribersNot completed11 Dec 2024Nineth Report of the Monitor (in French only)
acheteur ComediHa!, closing complété, vente antérieureles actifs achetés et des activités liées de JPR · asset salenot statedCloseddate not statedSeventh Report of the Monitor (in French only)
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 2025SubscribersApproved6 Mar 2025Approval and Vesting Order (in French only)
M. Kai Jinl'Immeuble situé au 2101 boulevard St-Laurent · real property · agreement 7 Nov 2024SubscribersNot completeddate not statedTenth Report of the Monitor (in French only)
acheteur non identifié de l'immeuble situé au 2101 boulevard Saint-Laurentl'immeuble situé au 2101 boulevard Saint-Laurent, à Montréal · real propertynot statedClosed9 Apr 2025outside 28 Mar 2025Trustee's report to the creditors on its…
AdvisorsPricewaterhouseCoopers Corporate Finance Inc. (financial advisor); Colliers (listing broker); PwC CF (financial advisor)Tenth Report of the Monitor (in French only)
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.

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Documents
52 filings
DateDocumentFile
Trustee's report to the creditors on its preliminary administration (in French only)
  • Closing confirmed Closed · 7 Jun 2024 · ComediHa!; Closed · 9 Apr 2025
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
PDF · Subscribers
Order - Stay extension, CCAA termination, final distribution and ancillary relief
  • Counsel Osler, Hoskin & Harcourt LLP
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Tenth Report of the Monitor (in French only)
  • Closing confirmed Closed · 9 Apr 2025; Did not complete · date not stated · Kai Jin
  • Purchaser offrant/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 advisor PwC CF (financial advisor)
  • Sale outcome Sale closed — Vente de l'Immeuble clôturée et BDC payée en entier
  • + 1 more extracted fact
PDF · Subscribers
Application for stay extension, CCAA termination, final distribution and ancillary reliefPDF · Subscribers
Approval and Vesting Order (in French only)
  • Closing terms Title vests in the Purchaser upon the Monitor filing the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none)
  • Order date 6 March 2025
  • Presiding officer Justice David R. Collier
  • Purchaser 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 · approved
  • + 3 more extracted facts
PDF · Subscribers
Order Extending the Stay Period
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Application for an Approval, Vesting and Distribution Order
PDF · Subscribers
Nineth Report of the Monitor (in French only)
  • Closing confirmed Closed · date not stated; Did not complete · 11 Dec 2024 · M. Kai Jin
  • Process results 79 solicited · 11 NDAs · 7 LOIs · 1 qualified bids · 7 bids · as of 12 Feb 2025
  • Purchaser acheteur 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 advisor Colliers Canada (listing broker); PwC CF (listing broker)
  • + 2 more extracted facts
PDF · Subscribers
Order Extending the Stay of Proceedings
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Application for a Stay Extension OrderPDF · Subscribers
Eighth Report of the Monitor (in French only)
  • Closing confirmed Did not complete · date not stated · M. Kai Jin
  • Process results 3 qualified bids · 3 bids · as of 11 Oct 2024
  • Purchaser ComediHa! · les actifs achetés et des activités liées de JPR · asset sale · closed; M. Kai Jin · l'Immeuble · real property · not completed
  • Sale advisor Colliers Canada (listing broker)
  • + 2 more extracted facts
PDF · Subscribers
Order Approving Sale and Investment Solicitation Process
  • Bid deadline 12 February 2025
  • Counsel Davies Ward Phillips & Vineberg LLP
  • Outside date 28 March 2025
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Vesting and Approval Order (in French only)
  • Closing terms Title vests in the Purchaser upon issuance of the Monitor's Certificate, free and clear of all Encumbrances other than Permitted Encumbrances (none)
  • Order date 27 November 2024
  • Presiding officer Justice Michel A. Pinsonnault
  • Purchaser Kai 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
  • + 3 more extracted facts
PDF · Subscribers
Application for Approval and Vesting Order and Stay ExtensionPDF · Subscribers
Seventh Report of the Monitor (in French only)
  • Closing confirmed Closed · date not stated
  • Process results 3 qualified bids · 3 bids · as of 11 Oct 2024
  • Purchaser Acheteur 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
  • Sale advisor Colliers Canada (listing broker)
  • + 2 more extracted facts
PDF · Subscribers
Judgment - Court of Appeal (WEPPA)
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Judgment (Application for Declaratory Relief and a WEPPA Order)
  • Counsel Abitan Mtre Jack Little OSLER, HOSKIN & HARCOURT LLP
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Sixth Report of the Monitor (in French only)PDF · Subscribers
Fifth Report of the Monitor (in French only)PDF · Subscribers
Application for Declaratory Relief and a WEPPA OrderPDF · Subscribers
Claims Package (including Proof of Claim Form and List of Creditors)PDF · Subscribers
Notice of Dispute FormPDF · Subscribers
Claims Process Order
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Interim Distribution Order
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Third Amended and Restated Initial Order
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Application for 3rd ARIO, Interim distribution order and Claims process orderPDF · Subscribers
Fourth Report of the Monitor (in French only)
  • Closing confirmed Closed · 7 Jun 2024 · ComediHa!
  • Purchaser ComediHa! · 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 advisor Colliers Canada (listing broker)
  • Sale outcome Sale closed — Vente des actifs à ComediHa! clôturée; vente de l'Immeuble en attente d'approbation
  • + 1 more extracted fact
PDF · Subscribers
Cancellation and Striking Off Order (in French only)
  • Presiding officer Justice Martin Castonguay
PDF · Subscribers
Order (Extension of Stay)
  • Presiding officer Justice Martin Castonguay
PDF · Subscribers
Sale Approval and Vesting Order
  • Closing terms 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.
  • Order date 3 June 2024
  • Presiding officer Justice Martin Castonguay
  • Purchaser ComediHa! 24 Inc. · the Purchased Assets and Purchased Shares (Just For Laughs Group business, via reverse vesting structure with pre-closing reorganization) · share sale · approved
  • + 4 more extracted facts
PDF · Subscribers
Application for Sale and Approval Order, RVO, Stay Extension and WEPPA OrdersPDF · Subscribers
Third Report of the Monitor (in French only)
  • Process results 5 qualified bids · 3 bids · as of 10 May 2024
  • Purchaser ComediHa! · 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 advisor PricewaterhouseCoopers Corporate Finance (financial advisor); Colliers Canada (listing broker)
  • Sale outcome Successful bid selected — sélection de l'offre de ComediHa! comme soumissionnaire gagnant, transaction envisagée en attente d'approbation
  • + 1 more extracted fact
PDF · Subscribers
Amended and Restated Initial Order
  • Applicant GESTION JUSTE POUR RIRE INC. and the other Applicants listed in Schedule "A" hereto
  • Appointee PRICEWATERHOUSECOOPERS INC.
  • Appointee role Monitor
  • Commencement date 15 March 2024
  • + 6 more extracted facts
PDF · Subscribers
Second Report of the Monitor (in French only)PDF · Subscribers
Application for a Second Amended and Restated Initial Order
  • Applicant Gestion Juste Pour Rire Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Monitor
  • Commencement date 15 March 2024
  • + 4 more extracted facts
PDF · Subscribers
First Report of the Monitor (in French only)
  • Process results 127 solicited · 15 NDAs
  • Sale outcome Liquidation in progress — PSVI launched, teasers sent, NDAs signed, data room access granted; first phase LOIs pending
  • Stalking horse Subscribers
PDF · Subscribers
Notice to Creditors of the Initial OrderPDF · Subscribers
List of Creditors as at March 21, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Amended Application for an Amended and Restated Initial Order
  • Applicant Gestion Juste Pour Rire Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role monitor
  • Commencement date 15 March 2024
  • + 4 more extracted facts
PDF · Subscribers
Approval and Vesting Order
  • Order date 15 March 2024
  • Presiding officer Justice David R. Collier
  • Purchaser Festival 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 outcome Sale 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.
  • + 2 more extracted facts
PDF · Subscribers
Bidding Procedures Order
  • Bid deadline 8 April 2024
  • Order date 15 March 2024
  • Outside date 17 May 2024
  • Break fee Subscribers
  • + 4 more extracted facts
PDF · Subscribers
CCAA Transition Order and First Day Initial Order
  • Counsel Osler Hoskin & Harcourt LLP
  • Presiding officer Justice David R. Collier
PDF · Subscribers
Pre-filing report of the Proposed Monitor (in French only)PDF · Subscribers
Application for Transition Order and other OrdersPDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Distribution Juste pour rirePDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Festival Juste pour rire/Just for LaughsPDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Festival ZooFestPDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Gestion Juste pour rirePDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Juste pour rire TV / Just for Laughs TVPDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Juste pour rire les gagsPDF · Subscribers
Notice of Filing of Intention to Make a Proposal_Productions Juste pour rire IIPDF · Subscribers

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.