Le Design BV inc.

Le Design BV inc., a Saint-Calixte, Quebec corporation, became bankrupt on October 9, 2026 under the Bankruptcy and Insolvency Act, with Raymond Chabot Inc. acting as syndic under court file 705-11-014331-269. The Form 78 balance sheet solemnly declared on October 20, 2026 by Benjamin Van Den Eede reports total liabilities of $3,834,052.50 against total assets of $1,110,196.00, a stated deficit of $2,723,856.50, and attributes the failure to mismanagement. Secured claims total $2,710,870.95, led by RBC at $2,633,538.24 against the commercial building at 3775 Rte 335, machinery and equipment, a telescopic forklift and two vehicles. Preferred and priority claims total $626,909.90, including $321,586.49 to the Canada Revenue Agency and $305,323.41 to Revenu Québec for source deductions, both claimed as Crown deemed trusts, and $77,330.71 to the CNESST. Unsecured claims total $496,271.65, the largest being $384,389.78 in GST and QST.