Quebec · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 28 June 2019
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing2 verified
- secured creditorsnote: Amount of secured claim not stated in these pages; HSBC identified as first-ranking secured creditor and initiated the receivership application. HSBC and RBC noted as expected to realize a loss on sale of the Biens. · page: 1 · debtor: Mométal Structures Inc. · creditor: Banque HSBC du Canada (HSBC) · currency: CAD · security: Créancier garanti de premier rang sur les actifs de Mométal (nantissement sur les Biens)
- secured creditorsnote: Amount not stated. RBC identified as second secured creditor whose consent was sought for sale of leased assets; certain Biens were subject to RBC's crédits-bails as opposed to HSBC's nantissement. · page: 2 · debtor: Mométal Structures Inc. · creditor: Banque Royale du Canada (RBC) · currency: CAD · security: Droits de propriété résultant de crédits-bails/baux sur certains Biens (leased/PPSA-type interest, not a mortgage)