STYC Transport Inc

STYC Transport Inc filed an assignment in bankruptcy on December 12, 2019 in Quebec, under paragraphe 102(1) de la Loi, with Raymond Chabot Inc. as trustee (syndic de l'actif du failli) under estate number 33-2595168. In its statement of affairs (Form 78), sworn as at December 12, 2019, the bankrupt declared a deficit of $90,634.82 against total assets of $887,001. Secured claims were led by the Banque de Montréal, holding vehicle and trailer financing of $125,000, $105,000 and $96,000, and by RBC at $117,000.68. The Banque de Développement du Canada held the largest unsecured claim at $95,000. The proceeding remains active.