Quebec · Receivership (court-appointed)
Final Report of the Receiver
Court officer report · 7 October 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- secured creditorsnote: Figure is the indebtedness remaining AFTER interim distribution of $4,200,000 made during the receivership (per Approval and Vesting Order); document does not state the original pre-filing balance. Plus further accrued interest and costs per document. Fiera also filed the receivership application, indicating pre-existing secured debt. · page: 4 · as of: 2025-10-06 · amount: 3814817.89 · debtor: La Cité Médicale Inc. · creditor: Fiera Enhanced Private Debt Fund LP · currency: CAD · security: Security confirmed valid and enforceable and opposable to third parties per independent legal opinion of Norton Rose Fulbright Canada
- recovery outcomeentries: basis: actual · quote: An amount of $708,450 to Fiera FP Business Financing Fund LP, as interim lender, representing the full repayment of the interim financing; and · pct of: unstated · outcome: paid_in_full · currency: CAD · class key: secured · stated by: receiver · amount low: 708450 · amount high: 708450 · class label: Fiera FP Business Financing Fund LP, as interim lender · creditor name: Fiera FP Business Financing Fund LP · interim final: unstated · currency quote: all monetary amounts contained in this Third Report are expressed in Canadian dollars · claims qualifier: unstated; basis: actual · quote: An amount of $4,200,000 to the Secured Creditor, representing a partial repayment of the secured debt. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 4200000 · amount high: 4200000 · class label: Secured Creditor · creditor name: Fiera Enhanced Private Debt Fund LP · interim final: unstated · currency quote: all monetary amounts contained in this Third Report are expressed in Canadian dollars · claims qualifier: unstated; basis: estimated · quote: | Est. Distribution to Secured Creditor | 1,215,572 $ | · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 1215572 · amount high: 1215572 · class label: Secured Creditor · creditor name: Fiera Enhanced Private Debt Fund LP · interim final: unstated · currency quote: all monetary amounts contained in this Third Report are expressed in Canadian dollars · claims qualifier: unstated · stated on: 2025-10-07 · table missing: