Quebec · Bankruptcy
First Report of the Trustee (in French)
Court officer report · 7 May 2025
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What we verified from this filing15 verified · 1 withheld
- appointeeErnst & Young Inc.
- appointee rolesyndic
- commencement date7 May 2025
- courtCOUR SUPÉRIEURE
- court file no41-3220479 et 41-3220478
- proceeding typebia_bankruptcy
- provinceQUÉBEC
- secured creditorsnote: Amount not stated; legal opinion on validity of IQ's security not yet requested by Syndic (to be done later if necessary) · page: 6 · debtor: Luxo · creditor: Investissement Québec (IQ) · currency: CAD · security: Pari passu rank with BNÉ pursuant to an agreement between BNÉ and IQ, relating to certain assets of Luxo
- secured creditorsnote: DISCHARGED - subject to a radiation order dated 2023-10-27 issued in EBSU's CCAA file; security no longer current · page: 6 · as of: 2021-2022 (registration years) · debtor: predecessor company of EBSU · creditor: HSBC Bank Canada · currency: CAD · security: RDPRM registration, 2021-2022, against assets of a predecessor company of EBSU
- secured creditorsnote: DISCHARGED - subject to a radiation order dated 2023-10-27 issued in EBSU's CCAA file; security no longer current · page: 6 · as of: 2021-2022 (registration years) · debtor: predecessor company of EBSU · creditor: Investissement Québec (IQ) · currency: CAD · security: Separate RDPRM registration (distinct from the pari passu rank with BNÉ), registered 2021-2022 against assets of a predecessor company of EBSU
- secured creditorsnote: Amount not stated in document; BNÉ described as 'créancière garantie' of EBSU and Luxo and reportedly supports the Jerco transaction · page: 6 · debtor: EBSU and Luxo · creditor: Banque de Nouvelle-Écosse (BNÉ) / Scotiabank · currency: CAD · security: Security valid and opposable to unsecured creditors per legal opinion of Osler dated 2025-04-16; no prior-ranking registrations at RDPRM except as noted for IQ
- secured creditorsnote: DISCHARGED - subject to a radiation order dated 2023-10-27 issued in EBSU's CCAA file; security no longer current · page: 6 · as of: 2021-2022 (registration years) · debtor: predecessor company of EBSU · creditor: Fiera Private Debt Fund VI LP · currency: CAD · security: RDPRM registration, 2021-2022, against assets of a predecessor company of EBSU
- purchaserJerco Inc.
- sale advisorErnst & Young Orenda Corporate Finance Inc.
- sale outcometext: Le Syndic demande à la Cour d'approuver l'Offre Jerco pour disposer des actifs visés dans le cadre des faillites · scope: whole_business · status: pending_approval
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.