Montréal it’s electric

Montréal it's electric (Montréal c'est électrique) is the subject of active bankruptcy proceedings under the BIA in Quebec, with a bankruptcy date of 30 January 2018. The statement of affairs (bilan) sworn 5 February 2018 declares total assets of $461,500.00 against total liabilities of $18,164,349.00, a reported deficit of $17,702,849.00. Ville de Montréal is listed as a secured creditor for $161,500.00, with a further secured claims balance of $7,139,565.00. Unsecured creditors total $10,863,284.00, the largest being Formula E Operations at $9,787,981.00 and Evenko - Formule É at $1,075,301.00; Caisse Desjardins du Complexe Desjardins and Visa Desjardins are each listed at $1.00. No preferred creditors, contingent debts or trust claims are declared.