Proceedings.

SG Canada LP

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Closed
Proceeding
Bankruptcysection 43(9) of the Bankruptcy and Insolvency Act
File
500-11-065476-257
Filings held4
Last activity8 May 2026
On the record515 days
Secured debtSubscribers
OverviewSummary updated

SG Canada LP is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Superior Court of Québec, filed as court file no. 500-11-065476-257. The proceeding commenced on May 8, 2026, the same day an interim order was granted. The record carries no further steps, and the file is now recorded as closed.

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Case updates4 dated entries

1 earlier update, back to 24 April 2025 subscribers.

Parties

Debtor

SG Canada LP

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredStormfield SPV I, LLCas of Statement of Affairs — Conventional hypothec of superior rank over Montreal Property — Loan originally CAN$385,000 advanced Sept 28, 2022; secured by first-ranking hypothec granted Sept 29, 2022; declared due and payable following freezing of Grusd's assets in Jan 2023. Investment management firm, not a related party per document. — debtor: SG Canada LP$574KTrustee's Report on Preliminary Administration

6 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Secured creditors: shortfall.EstimatedTrustee's Report on Preliminary Administration · 22 May 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredshortfallEstimatedper the trusteeTrustee's Report on Preliminary Administration · 22 May 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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Court Order for the Trustee's Discharge (French only)
  • Commencement date 8 May 2026
  • Court COUR SUPÉRIEURE
  • Court file no 500-11-065476-257
  • Presiding officer Registrar Vincent-Michel Aubé
  • + 1 more extracted fact
PDF · Subscribers
Trustee's Report on Preliminary Administration
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2025-05-22 · Table missing:
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Filing of a Bankruptcy Order
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Trustee
  • Commencement date 24 April 2025
  • Court file no 500-11-065476-257
  • + 1 more extracted fact
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., “SG Canada LP” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/sg-canada-lp

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/sg-canada-lp

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.