Quebec · Bankruptcy
Trustee's Report on Preliminary Administration, (in french)
Court officer report · 17 June 2014
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What we verified from this filing12 verified
- appointeeErnst & Young Inc.
- appointee rolesyndic de l'actif
- commencement date28 May 2014
- courtCOUR SUPÉRIEURE
- court file no765-11-001801-146
- proceeding typebia_bankruptcy
- provinceQUÉBEC
- financial positionnote: Total de l'actif shown at approximate book value ($4,719,489); realization value of total assets is 'Indéterminée' because inventory, work-in-progress and fire trucks (book value $3,690,911) could not yet be valued. Total du passif ($8,331,250) comprises Crown claims (~$10,774 + $10,773... duplicated line items), employee claims under s.81.3 ($39,123), secured creditors ($5,644,307) and unsecured/ordinary creditors ($2,637,046). Déficit total described as 'Indéterminée'. · as at: 2014-05-28 · basis: bilan de liquidation estimatif abrégé, préparé sans vérification (unaudited estimated liquidation balance sheet); asset total reflects approximate book value while inventory/fire trucks realization value is undetermined; liabilities total reflects estimated/claimed amounts · scope: entity - Équipements d'incendie Levasseur Inc. (bankrupt estate) · currency: CAD · total assets: 4719489 · total liabilities: 8331250
- operational summaryFollowing pre-judgment seizures of fire trucks by chassis suppliers, Levasseur halted production and made an assignment in bankruptcy on May 28, 2014; the Trustee has taken possession of assets, recovered seized trucks, and intends to launch a formal public tender (liquidation) sale of the company's remaining assets with the consent of the main secured creditors.
- report date17 June 2014
- sale outcometext: Le Syndic a l'intention de débuter dans les prochains jours un processus formel de vente (liquidation) par appel d'offres public des actifs de Levasseur · scope: liquidation · status: process_approved
- statutory basisla loi afin de les récupérer et de les vendre