Proceedings.

Shermag Inc.

ClosedFollow
Proceeding
CCAAsections 4, 5 and 11 of the Companies' Creditors Arrangement Act (R.S.C. 1985, c. C-36)
Court
Superior Court of Québec
File
500-11-033234-085
Industry
Wholesale & distribution · Consumer goods import & distribution
Filings held56
Last activity17 Dec 2009
On the record6,758 days
Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Claims Process Order • July 18, 2008 dated 18 July 2008.

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Case updates56 dated entries
Parties

Debtor

Shermag Inc.

Monitor

Richter

RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedMotion for Leave to Appeal • April 15, 2009 · 15 Apr 2009

ClassCreditorClaimsRecoveryBasisSource
Unsecuredunsecured creditors of the Debtors—no distributionEstimatedper the debtorMotion for Leave to Appeal • April 15, 2009 · 15 Apr 2009
Equityshareholders (Shares)—no distributionper the debtorMotion for Leave to Appeal • April 15, 2009 · 15 Apr 2009

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.

Documents
56 filings
DateDocumentFile
Motion for extension of delay and amendment to the Initial Order (in French only) • December 17, 2009PDF · Subscribers
Order re Motion to Amend Initial Order and Remove Administration Charge • November 9, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Certificate of the Monitor • October 9, 2009PDF · Subscribers
Order for the Sanction of a Plan of Arrangement • September 15, 2009PDF · Subscribers
Notice of Meeting, Notice to the creditors of the application for sanction and ratification of the Plan of Arrangement, Voting letter, Proxy, Plan of Arrangement and Report of Monitor • August 21, 2009PDF · Subscribers
Plan of Arrangement • August 20, 2009PDF · Subscribers
Order approving a transaction, extending the stay period and granting the interim financing • August 12, 2009
  • Presiding officer Justice Brian Riordan
PDF · Subscribers
Amended Motion for an Order approving a transaction, extending the stay period and granting the interim financing • August 11, 2009PDF · Subscribers
Ninth Report of the Monitor • August 11, 2009PDF · Subscribers
Order for an extension of the Stay Period up to August 12, 2009 • August 5, 2009
  • Presiding officer Justice Jean-François Buffoni
PDF · Subscribers
Eighth Motion for an Order Extending the Stay Period • August 4, 2009PDF · Subscribers
Tenth Monitor’s Report • August 4, 2009PDF · Subscribers
Order extending the Stay Period up to August 5, 2009 • July 31, 2009
  • Presiding officer Justice Joel A. Silcoff
PDF · Subscribers
Eighth Report of the Monitor • July 30, 2009PDF · Subscribers
Motion for an Order Approving a Transaction • July 30, 2009PDF · Subscribers
Seventh Motion for an Order Extending the Stay Period • July 30, 2009PDF · Subscribers
Order Extending the Stay Period up to July 31, 2009 • July 24, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Sixth Motion to Extend the Stay Period • July 23, 2009PDF · Subscribers
Order for Extension of Stay Period up to July 24, 2009 • July 13, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Fifth Motion to Extend the Stay Period • July 10, 2009PDF · Subscribers
Sixth Report of the Monitor • July 10, 2009PDF · Subscribers
Order Authorizing a Call for Tender • June 4, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Order Autorizing the Sale of a Real Property and Related Vesting Order • June 4, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Motion for Order Authorizing the Sale of Real Property • June 2, 2009PDF · Subscribers
Motion for an Order Authorizing a Call for Tenders Process • June 2, 2009PDF · Subscribers
Motion for Leave to Appeal • April 15, 2009
  • Recovery outcome Entries: per estimated; per unstated · Table missing:
PDF · Subscribers
Order Extending the Stay Period to July 13, 2009 • April 3, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Fifth Report of the Monitor (in French only) • April 2, 2009PDF · Subscribers
Fourth Motion to Extend the Stay Period • April 2, 2009PDF · Subscribers
Order re Motion for Approval of Retention Bonus Plan • February 26, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Order re Motion for Order Authorizing and Approving Granting of Hypothecs • February 26, 2009
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Third Order for Extension of Delays • December 10, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Fourth Report of the Monitor • December 5, 2008PDF · Subscribers
Third Motion for an Order Extending the Stay Period • December 5, 2008PDF · Subscribers
Motion to Force a Person to Respect the Initial Order • November 6, 2008
  • Applicant Shermag Inc. and Jaymar Furniture Corp.
  • Appointee RSM Richter Inc.
  • Appointee role Monitor
  • Commencement date 5 May 2008
  • + 4 more extracted facts
PDF · Subscribers
Order Approving an Agreement Relative to the Sale of Equipment • November 4, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Motion for an Order Approving an Agreement Relative to the Sale of Equipment • October 31, 2008PDF · Subscribers
Second Order Extending the Stay Termination Date and Granting other Requested Reliefs • September 8, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Second Motion for an Order Extending the Stay Period and other Requested Reliefs • September 4, 2008PDF · Subscribers
Third Report of the Monitor • September 4, 2008PDF · Subscribers
Order Granting the Approval of Various Agreements • July 31, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Motion for an Order Approving Various Agreements • July 30, 2008PDF · Subscribers
Instruction Letter for the Claims Process of the Debtors • July 23, 2008PDF · Subscribers
List of Creditors mailing • July 23, 2008PDF · Subscribers
Notice to Creditors of the Bar Date Relating to the Filing of Claims • July 23, 2008PDF · Subscribers
Proof of Claim Form and Instruction Sheet • July 23, 2008PDF · Subscribers
Claims Process Order • July 18, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Petition to Establish a Claims and Meetings Process • July 16, 2008PDF · Subscribers
First Order Extending the Stay Termination Date and Other Relief • June 4, 2008
  • Presiding officer Justice Robert Mongeon
PDF · Subscribers
Second Report of the Monitor • June 3, 2008PDF · Subscribers
Motion for an Order Extending the Stay Period and Other Requested Relief • May 30, 2008PDF · Subscribers
First Mailing to Creditors • May 14, 2008PDF · Subscribers
List of Creditors • May 14, 2008PDF · Subscribers
Initial Order • May 5, 2008
  • Applicant Shermag Inc., Jaymar Furniture Corp., Scierie Montauban Inc., Mégabois (1989) Inc., Shermag Corporation, Jaymar Sales Corporation
  • Appointee RSM Richter Inc.
  • Appointee role Monitor
  • Commencement date 5 May 2008
  • + 4 more extracted facts
PDF · Subscribers
Petition for an Initial Order • May 5, 2008
  • Applicant SHERMAG INC.
  • Appointee RSM RICHTER INC.
  • Appointee role Monitor
  • Court SUPERIOR COURT
  • + 3 more extracted facts
PDF · Subscribers
Report of the Proposed Monitor • May 5, 2008PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Shermag Inc.” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/shermag-inc

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Sources last checked · record updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/shermag-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.