Quebec · Receivership (court-appointed)
First Report of the Receiver dated June 10, 2025 (Original French Version)
Court officer report · 10 June 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing10 verified
- secured creditorsnote: Amount stated as floor ('créance impayée de plus de 27 M$'); figure is the balance underlying the receivership application dated 27 January 2025. First-ranking secured creditor. · page: 3 · as of: 2025-01-27 · amount: 27000000 · debtor: 9408-7129 Québec Inc. · creditor: Banque Laurentienne du Canada (BLC) · currency: CAD · security: General secured creditor (créancière garantie de premier rang) under security granted by the Debtor; security documentation under review by Stikeman Elliott, independent security opinion pending as of report date
- secured creditorsnote: Related party: Westmount Capital is identified as one of the Debtor's principal shareholders (para. 1). No amount disclosed in this report. · page: 9 · debtor: 9408-7129 Québec Inc. · creditor: La Corporation d'Hypothèques Westmount Capital inc. (as fondé de pouvoir for Gestion Immobilière Place Dorée inc.) · currency: CAD · security: Second-ranking secured creditor ('Créanciers garantis de deuxième rang')
- secured creditorsnote: No amount disclosed in this report. · page: 9 · debtor: 9408-7129 Québec Inc. · creditor: Horizon Capital inc. · currency: CAD · security: Second-ranking secured creditor ('Créanciers garantis de deuxième rang')
- secured creditorsnote: Amount is approximate as known to the Receiver; part of legal hypothecs totaling approximately $343k, against which a $400k reserve is being transferred to 'residualco' pending Receiver/Court determination of validity. · page: 10 · as of: 2025-06-10 · amount: 83000 · debtor: 9408-7129 Québec Inc. · creditor: 9388-9012 Québec inc. · currency: CAD · security: Legal hypothec of construction (hypothèque légale de la construction) registered against the Immeubles
- secured creditorsnote: Related party: part of the 'Presti' group (affiliate of Placements immobiliers Presti inc., a principal shareholder of the Debtor). Amount approximate; validity of hypothec pending determination. · page: 10 · as of: 2025-06-10 · amount: 100000 · debtor: 9408-7129 Québec Inc. · creditor: Prestico inc. · currency: CAD · security: Legal hypothec of construction (hypothèque légale de la construction) registered against the Immeubles
- secured creditorsnote: Related party: part of the 'Presti' group (affiliate of Placements immobiliers Presti inc., a principal shareholder of the Debtor). Amount approximate; validity of hypothec pending determination. · page: 10 · as of: 2025-06-10 · amount: 63000 · debtor: 9408-7129 Québec Inc. · creditor: Presti Demeures inc. · currency: CAD · security: Legal hypothec of construction (hypothèque légale de la construction) registered against the Immeubles
- secured creditorsnote: Amount approximate; validity of hypothec pending determination. Total of the four legal hypothecs stated by the Receiver as approximately $343k. · page: 10 · as of: 2025-06-10 · amount: 97000 · debtor: 9408-7129 Québec Inc. · creditor: Alauda Construction inc. · currency: CAD · security: Legal hypothec of construction (hypothèque légale de la construction) registered against the Immeubles
- process resultsbids: 10 · ndas: 23 · note: 10 offres soumises, dont 5 ne rencontraient pas l'intégralité des termes et conditions du PSVI; 147 acheteurs potentiels au total, 39 ayant démontré de l'intérêt, 27 ayant visité, 23 ayant demandé l'accès au Dataroom. · as of: 2025-04-04 · solicited: 147 · qualified bids: 5
- purchaserComplexe du Musée inc.
- sale outcometext: L'offre de Groupe Mach a été retenue comme Offre gagnante, sous réserve de l'approbation par le Tribunal · scope: whole_business · status: pending_approval