Saladexpress Inc. is bankrupt, the bankruptcy dated 7 June 2024 in the Superior Court of Québec (court file 505-11-018045-240), with Richter Inc. as trustee. Its statement of affairs reports total assets of $20,100,000.00 — including real property of $14,000,000.00 — against total liabilities of $30,877,086.45, comprising unsecured creditors of $19,512,485.45 and secured creditors of $11,364,601.00, for a deficiency of $10,777,086.45. Agrial Canada Inc. holds the secured claim of $11,364,601.00 against the real property; Agrial Finances is the largest unsecured creditor, at $16,753,289.92.
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The officer filed report no. Rapport du Syndic à la première assemblée des créanciers. Following the bankruptcy filing, Saladexpress ceased production; the Trustee disposed of perishable fresh-food inventory mainly via donations to food banks, and intends to sell remaining packaging inventory and equipment through a call for tenders, with a real estate sale process for the building/land to be discussed with the inspectors after the creditors' meeting.
Agrial Canada Inc. · in 2 casesImmeubles et biens réels - Édifice et terrain (real property - building and land); also listed against business machinery/equipment ($2,800,000.00 valuation), cash on hand ($1,940,000.00 valuation), accounts receivable ($1,360,000.00 valuation), and inventory (valuation nil) as collateral categories with an estimated surplus of $2,635,399.00 on real property — Related party - Agrial Canada Inc./Agrial Finances appears to be affiliated/parent entity (Agrial Finances also listed as largest unsecured creditor at $16,753,289.92); unsecured balance of this secured claim per Statement of Affairs is · as of 7 Jun 2024
$11.4M
Notice of Bankruptcy, First Meeting of Creditors – dated June 7, 2024
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126 more claims in 1 class The stack holds Secured and Unsecured claims.
Trustee’s Report to the First meeting of Creditors (French Only) – dated June 27, 2024
Operational summaryFollowing the bankruptcy filing, Saladexpress ceased production; the Trustee disposed of perishable fresh-food inventory mainly via donations to food banks, and intends to sell remaining packaging inventory and equipment through a call for tenders, with a real estate sale process for the building/land to be discussed with the inspectors after the creditors' meeting.
Cash on hand · Disbursements · Financial positionSubscribers
Statutory basisSection 50.1, Subsections 65.2(4), 81.2(1), 81.3(8), 81.4(8), 81.5, 81.6, 102(2), 124(2), 128(1), and Paragraphs 51(1)(e) and 66.14(b) of the Bankruptcy and Insolvency Act
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/saladexpress-inc
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.