#Report
Trustee’s Report to the First Meeting of Creditors – dated December 20, 2023 — Court officer report
Lexus Travel Inc.
ActiveFollow
- Proceeding
- BankruptcySection 164(3) of the Bankruptcy and Insolvency Act
- File
- 500-11-063174-235
- Industry
- Hospitality & leisure · Travel & tourism
OverviewSummary updated
Lexus Travel Inc. became bankrupt on 1 December 2023 in Quebec, with Richter Inc. serving as trustee (syndic de l'actif du failli) in the Superior Court of Québec (Commercial Division) under court file 500-11-063174-235. As at 30 November 2023, the statement of affairs recorded total assets of $2,417,819.00 against total liabilities of $27,293,714.67, a stated deficiency of $24,875,895.67, comprising unsecured claims of $24,859,056.27, secured claims of $16,839.40, and contingent or trust claims of $2,417,819.00. The proceeding remains active.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
FormProof of Claim
Proceedings AIOpen Proceedings AI
Case updates4 dated entries · 3 undated
#Claims
Notice of Bankruptcy, First Meeting of Creditors – dated December 7, 2023 — Notice to creditors
Undated filings3 — no date appears on the document · show
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Filing
Motion to compel persons to produce documents and information – dated March 4, 24 — Application filed
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Report
Notice to Travellers/Customers of Lexus Travel Inc. — Court officer report filed
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AnalysisAll insights
Guide
What happens to gift cards when a company goes out of business in Canada
When a Canadian store chain files for creditor protection, a court order decides how long its gift cards still work — often about two weeks. What happens after that, and to deposits, refunds, points and bookings, drawn from the 20 retail chains that went to court since 2023.
Parties
Debtor
Lexus Travel Inc.
Trustee in bankruptcy
Richter
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate as reported) · in 37 casesStatement of Affairs (Form 78) reports total secured creditors per attached list B (not itemized in provided pages) — debtor: Voyage Lexus Inc. · as of 30 Nov 2023 | $16.8K | Notice of Bankruptcy, First Meeting of Creditors – dated December 7, 2023 |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs stated in the filings
Preferred creditors: no distribution.EstimatedTrustee’s Report to the First Meeting of Creditors · 20 Dec 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | no distribution | Estimatedper the trustee | Trustee’s Report to the First Meeting of Creditors · 20 Dec 2023 |
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.
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments7 filings
| Date | Document | File |
|---|---|---|
Trustee’s Report to the First Meeting of Creditors – dated December 20, 2023
| PDF · Subscribers | |
Registration Form
| PDF · Subscribers | |
Notice of Bankruptcy, First Meeting of Creditors – dated December 7, 2023
| PDF · Subscribers | |
Certificate of Appointment – dated December 1, 2023
| PDF · Subscribers | |
Motion to compel persons to produce documents and information – dated March 4, 24
| PDF · Subscribers | |
| Notice to Travellers/Customers of Lexus Travel Inc. | PDF · Subscribers | |
| Proof of Claim | 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., “Lexus Travel Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/lexus-travel-inc