#Order
Judment on the Application for the Issuance of an Order Extending the Stay of Proceedings and Increasing the Availability Under the Interim Financing dated June 22, 2026 (Original French Version) was filed.
Pétromont Inc.
FollowActive
- Proceeding
- CCAALOI SUR LES ARRANGEMENTS AVEC LES CRÉANCIERS DES COMPAGNIES, L.R.C. (1985), CH. C-36
- File
- 500-11-065379-253
Filings held28
Last activity22 Jun 2026
On the record559 days
OverviewSummary updated
Pétromont Inc. has been under Companies' Creditors Arrangement Act protection in Quebec since March 11, 2025, and the proceeding remains active. The initial stay of proceedings ran ten days from the date of the order, expiring March 20, 2025, and has since been extended in a series of steps — to June 6, 2025, June 12, 2025, September 30, 2025, January 17, 2026, June 27, 2026 and most recently to December 19, 2026. Orders have been issued on nine further dates between March 19, 2025 and June 22, 2026. A claims bar date of August 15, 2025 was set and has passed.
Claims processIf you are owed money
The claims bar date has passed — claims were due by
Per the Order regarding the claims process dated June 12, 2025 (Original French Version) dated 12 June 2025.
Proceedings AIAsk this case — answers cite the filings
Case updates31 dated entries
#Order
Order Extending the Stay of Proceedings and Increasing the Interim Financing Facility dated June 22, 2026 (Original French Version) was filed.
#Report
The officer filed report no. Cinquième rapport. Pétromont ceased petrochemical manufacturing operations in 2009 and, following the resignation of its management in March 2025, its remaining activities consist of environmental remediation (the Plan de Réhabilitation) and monitoring of its former sites under the Monitor's expanded powers, funded through interim financing pending a possible plan of compromise or arrangement.
Source: Fifth Report to the Court submitted by the Monitor dated June 17, 2026 (Original French Version)
28 earlier updates, back to 11 March 2025 — subscribers.
AnalysisAll insights
Precedent note
What stay extensions are actually granted
Seven CCAA files, three provinces, and no two extensions alike — four days because the court could not sit, twenty days more than the debtor asked for, a full year when all that is left of the company is a lawsuit. The boundary is the case's own calendar.
Parties
Debtor
Pétromont Inc.
Monitor
Deloitte
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Sheehan | Superior Court of Québec | 13 orders, Mar 2025 – Jun 2026 | 11 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorPétromont Inc. | McCarthy Tétrault LLP · Francois Alexandre Toupin | 12 Jun 2025 | Order · 14 Jan 2026 |
| CreditorCopie à | Stikeman Elliott LLP | 12 Jun 2025 | Order · 12 Jun 2025 |
| Creditoret de la Mise-en-cause | McCarthy Tétrault LLP | 28 May 2025 | Application · 28 May 2025 |
| CreditorLacc | McCarthy Tétrault LLP | 12 Jun 2025 | Order · 12 Jun 2025 |
| CreditorRestructuration Deloitte inc | Stikeman Elliott LLP · Darien Bahry · Danny Duy Vu | 5 Jun 2025 | Application · 7 Jan 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Prêteur temporaire (Ethlyec and Dow Canada) · in 2 casesCharge du prêteur temporaire — court-ordered super-priority charge over all assets of the Parties LACC except the Terrain Enclavé, ranking ahead of all other charges and claims except the Administration Charge — Post-filing temporary (DIP) financing, not a pre-filing debt. Lenders are Ethlyec and Dow Canada (an existing partner of the debtor; Dow Canada is also the landlord of the Terrain Loué). The Convention de financement temporaire permits borrowing, repaying and re-borrowing up to $3,100,000 principal in circulation at any time (para 47). The Court had approved borrowing up to $400,000 se · as of 29 May 2025 | — | Second Report to the Court submitted by the Monitor dated May 29, 20025 (Original French Version) |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$281K
As at 17 Jun 2026Fifth Report to the Court submitted by the Monitor dated June 17, 2026 (Original French Version)
Documents
28 filings
| Date | Document | File |
|---|---|---|
Judment on the Application for the Issuance of an Order Extending the Stay of Proceedings and Increasing the Availability Under the Interim Financing dated June 22, 2026 (Original French Version)
| PDF · Subscribers | |
Order Extending the Stay of Proceedings and Increasing the Interim Financing Facility dated June 22, 2026 (Original French Version)
| PDF · Subscribers | |
Application for the issuance of an order extending the stay of proceedings period and increasing availability under interim financing dated June 17, 2026 (Original French Version)
| PDF · Subscribers | |
Fifth Report to the Court submitted by the Monitor dated June 17, 2026 (Original French Version)
| PDF · Subscribers | |
Order concerning the search for former employees dated May 21, 2026 (Original French Version)
| PDF · Subscribers | |
Application for the issuance of an order extending the stay of proceedings period, increasing availability under interim financing, and for ancillary relief dated January 14, 2026 (Original French Version)
| PDF · Subscribers | |
Order extending the suspension period, increasing availability under temporary financing, and for ancillary measures dated January 14, 2026 (Original French Version)
| PDF · Subscribers | |
Application for the issuance of an order extending the stay of proceedings period, increasing availability under interim financing and for ancillary relief dated January 7, 2026 (Original French Version)
| PDF · Subscribers | |
| Fourth Report to the Court submitted by the Monitor dated January 7, 2026 (Oridinal French Version) | PDF · Subscribers | |
Order extending the suspension period dated September 30, 2025 (Original French Version)
| PDF · Subscribers | |
Judgment on an application for the issuance of an order extending the stay of proceedings period and increasing availability under the interim financing dated September 29, 2025 (Original French Version)
| PDF · Subscribers | |
Application for the issuance of an order extending the stay of proceedings period and increasing availability under interim financing dated September 25, 2025 (Original French Version)
| PDF · Subscribers | |
| Third Report to the Court submitted by the Monitor dated September 25, 2025 (Original French Version) | PDF · Subscribers | |
Extension Order dated June 12, 2025 (Original French Version)
| PDF · Subscribers | |
Judgment on a motion for the issuance of an order extending the stay of proceedings, increasing availability under interim financing, and establishing a claims process dated June 12, 2025 (Original French Version)
| PDF · Subscribers | |
Order regarding the claims process dated June 12, 2025 (Original French Version)
| PDF · Subscribers | |
| Proof of Claim Form | PDF · Subscribers | |
Order extending the suspension period dated June 5, 2025 (Original French Version)
| PDF · Subscribers | |
Second Report to the Court submitted by the Monitor dated May 29, 20025 (Original French Version)
| PDF · Subscribers | |
Application for the issuance of an order extending the stay of proceedings period and increasing availability under interim financing dated May 28, 2025 (Original French Version)
| PDF · Subscribers | |
Amended and Restated Initial Order dated March 19, 2025 (Original French Version)
| PDF · Subscribers | |
Judgment on a Request for the Issuance of an Amended and Restated Initial Order dated March 19, 2025 (Original French Version)
| PDF · Subscribers | |
Notice to Creditors dated March 17, 2025
| PDF · Subscribers | |
Initial Order dated March 11, 2025 (Original French Version)
| PDF · Subscribers | |
Judgment on a Request for the Issuance of an Initial Order dated March 11, 2025 (Original French Version)
| PDF · Subscribers | |
Letter of Instruction Regarding the Claims Procedure
| PDF · Subscribers | |
First Report to the Court submitted by the Proposed Monitor dated March 7, 2025 (Original French Version)
| PDF · Subscribers | |
Request for the Issuance of an Initial Order, an Amended and Restated Initial Order, and Related Provisions dated March 6, 2025 (Original French Version)
| 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., “Pétromont Inc.” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/pe-tromont-inc