Les Bien-Fonds Aate Westmount Inc./Aate Westmount Holdings Inc. and Encarnacion Obana
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- Proceeding
- Receivership (court-appointed)Article 243 de la Loi sur la faillite et l'insolvabilité
- File
- 500-11-065153-252
Filings held36
Last activity15 Jun 2026
On the record595 days
OverviewSummary updated
Les Bien-Fonds Aate Westmount Inc./Aate Westmount Holdings Inc. and Encarnacion Obana have been under court-appointed receivership since February 3, 2025, when the Superior Court of Québec, on the application of Peakhill Capital inc. and Peakhill CW inc. under section 243 of the Bankruptcy and Insolvency Act, appointed KSV Restructuring inc. as receiver in file 500-11-065153-252. Peakhill's hypothecs secure approximate balances as at April 24, 2025 of $3.5 million on the Souvenir property, $1.9 million on Walkley and $1.2 million on Lacombe, while Peakhill CW is owed approximately $3.3 million on Boulevard and $1.3 million on Marcil. Revenu Québec and the Minister of National Revenue registered legal hypothecs on March 27, 2025 for $284,878 and $69,701 respectively, subordinate to Peakhill's security. Peakhill Capital also acts as DIP lender under a court-ordered charge of up to $300,000, ranking after the Administration Charge, with $42,000 advanced.
Proceedings AIAsk this case — answers cite the filings
Case updates36 dated entries
33 earlier updates, back to 3 February 2025 — subscribers.
Parties
Debtor
Les Bien-Fonds Aate Westmount Inc./Aate Westmount Holdings Inc. and Encarnacion Obana
Receiver
AlixPartners
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 | 4 orders, Jun 2025 – Aug 2025 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Osler, Hoskin & Harcourt LLP | 4 Jun 2026 | Order · 4 Jun 2026 |
| CreditorAlixpartners Advisory, Inc | Stikeman Elliott LLP | 3 Jun 2026 | Service list · 3 Jun 2026 |
| CreditorAlixpartners Restructuring, Inc | Osler, Hoskin & Harcourt LLP | 3 Jun 2026 | Service list · 3 Jun 2026 |
| CreditorPeakhill Capital Inc | Kaufman Lawyers LLP | 3 Jun 2026 | Service list · 3 Jun 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Ministre du Revenu du Québec (Revenu Québec) · in 15 casesLegal hypothec registered March 27, 2025 against Lacombe, Boulevard, Souvenir, and Walkley Properties — Deemed trust class - Taxation Act debt; subordinate to Peakhill's security; same amount registered against multiple properties, do not sum — debtor: Encarnacion Obana · as of 27 Mar 2025 | $285K | First Report of the Receiver dated June 9, 2025 |
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Sale processAs stated in the filings
9 transactions · 5 approved · 4 closed — Amending Agreements executed for Souvenir and Walkley Properties with revised purchase prices after CMHC declined the original loan assumptionAddendum to the First Report of the Receiver dated December 17, 2025 · 17 Dec 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Mr. Davide Zaffinothe immovable property described in Schedule "A" attached hereto (the "Purchased Assets") · real property · nominee/assignee: and or a nominee for a company to be formed · agreement 26 May 2025 | Sealed | Approved23 Jun 2025 | Ordonnance de radiation dated June 23, 2025 -… |
| Mr. Frederick Lanctot-Leroyles Actif achetés · real property · nominee/assignee: une personne désignée pour une société à être constituée · agreement 26 May 2025 | Sealed | Approved23 Jun 2025 | Approval and Vesting Order June 23, 2025 -… |
| Mr. Pui-Yan Wongthe immovable property described in Schedule "A" attached hereto (the "Purchased Assets") · real property · agreement 6 May 2025 | Sealed | Closed3 Jul 2025 | Certificate of the Receiver (Lacombe) dated… |
| Gonul Bicicithe immovable property described in Schedule "A" attached hereto (the "Purchased Assets") · real property · agreement 2 Jul 2025 | Sealed | Approved5 Aug 2025 | Approval and Vesting Order re Marcil dated… |
| purchaser of the Lacombe Propertythe Lacombe Property · real property | Subscribers | Closed30 Jun 2025 | Addendum to the First Report of the Receiver… |
| purchaser of the Souvenir Property, unnamedthe Souvenir Property · real property | Subscribers | Approved | Addendum to the First Report of the Receiver… |
| purchaser of the Walkley Property, unnamedthe Walkley Property · real property | Subscribers | Approved | Addendum to the First Report of the Receiver… |
| unnamedthe Marcil Property | not stated | Closed22 Aug 2025 | Addendum to the First Report of the Receiver… |
| 2217-2223 Walkley Inc.the sale transaction (the " Transaction ") | not stated | Closed1 Apr 2026 | Certificate of the Receiver re Souvenir dated… |
AdvisorsEXP Agence Immobilière (listing broker); Avison Young (listing broker); Sotheby's International Realty Québec (listing broker); EXP (sale agent)Approval and Vesting Order re Marcil dated August 5, 2025
Closing termsVesting upon issuance of the Receiver's certificate confirming payment of the Purchase Price and satisfaction of closing conditionsApproval and Vesting Order re Marcil dated August 5, 2025
Sealed materialsunredacted copy of Purchase Agreement; Avison Young marketing report; Convention d'achat (copies caviardée et non caviardée); marketing report prepared by Avison Young and unredacted version of the Purchase Agreement; Convention d'achat; Convention d'achat (caviardée et non caviardée); marketing report prepared by EXP and the unredacted version of the Purchase Agreement; unredacted copy of the marketing report prepared by EXP; unredacted version of the Purchase AgreementApproval and Vesting Order June 23, 2025 - Walkley
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedSecond Report of the Receiver · 25 Jul 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | the other creditors of the Debtors | — | no distribution | Estimatedper the receiver | Second Report of the Receiver · 25 Jul 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
Documents
36 filings
| Date | Document | File |
|---|---|---|
| Certificate - AlixPartners Restructuring Inc. - Québec | PDF · Subscribers | |
Substitution Order dated June 4, 2026
| PDF · Subscribers | |
Service List as at June 3, 2026
| PDF · Subscribers | |
Certificat du Séquestre Immeuble Souvenir (1er avril 2026)
| PDF · Subscribers | |
Certificate of the Receiver re Souvenir dated April 1, 2026
| PDF · Subscribers | |
Certificat du Séquestre Immeuble Walkley (Février 2, 2026)
| PDF · Subscribers | |
Certificat du Séquestre daté Février 2, 2026
| PDF · Subscribers | |
Certificate of the Receiver dated February 2, 2026
| PDF · Subscribers | |
Certificate of the Receiver re Walkley dated February 2, 2026
| PDF · Subscribers | |
Addendum to the First Report of the Receiver dated December 17, 2025
| PDF · Subscribers | |
| Certificate of the Receiver re Marcil Property dated August 28, 2025 | PDF · Subscribers | |
Approval and Vesting Order re Marcil dated August 5, 2025
| PDF · Subscribers | |
Marcil Ordonnance de radiation - 5 août 2025
| PDF · Subscribers | |
Second Report of the Receiver dated July 25, 2025
| PDF · Subscribers | |
Application Record dated July 23, 2025
| PDF · Subscribers | |
| Exhibits in support of the Application dated July 23, 2025 | PDF · Subscribers | |
Certificate of the Receiver (Lacombe) dated July 3, 2025
| PDF · Subscribers | |
| Notice to Appoint a New Attorney (E. Obana) dated June 27, 2025 | PDF · Subscribers | |
| Notice to Appoint a New Attorney dated June 27, 2025 | PDF · Subscribers | |
Approval and Vesting Order June 23, 2025 - Lacombe June 23, 2025
| PDF · Subscribers | |
Approval and Vesting Order June 23, 2025 - Souvenir
| PDF · Subscribers | |
Approval and Vesting Order June 23, 2025 - Walkley
| PDF · Subscribers | |
Ordonnance de radiation dated June 23, 2025 - Lacombe
| PDF · Subscribers | |
Ordonnance de radiation dated June 23, 2025 - Souvenir
| PDF · Subscribers | |
Ordonnance de radiation dated June 23, 2025 - Walkley
| PDF · Subscribers | |
| Application for the issuance of Approval and Vesting Orders, Discharges Orders and Ancillary Relief dated June 9, 2025 | PDF · Subscribers | |
First Report of the Receiver dated June 9, 2025
| PDF · Subscribers | |
| List of exhibits and exhibits dated June 9, 2025 | PDF · Subscribers | |
Ordonnance séquestre daté du 3 février 2025
| PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 1 | PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 2 | PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 3 | PDF · Subscribers | |
PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 4
| PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 5 | PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 6 | PDF · Subscribers | |
| PRC-2025-01-14-Requête nomination séquestre Copie Cour - Application Record - Part 7 | 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., “Les Bien-Fonds Aate Westmount Inc./Aate Westmount Holdings Inc. and Encarnacion Obana” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/les-bien-fonds-aate-westmount-inc-aate-westmount-holdings-inc-and-encarnacion-ob