Quebec · Receivership (court-appointed)
Motion for the Appointment of a Receiver
Application / notice of application · 2 May 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 filing11 verified · 2 withheld
- courtSUPERIOR COURT
- provinceQUÉBEC
- applicantHSBC Bank Canada
- appointeeDeloitte Restructuring Inc.
- appointee rolereceiver
- secured creditorsnote: Mise en cause; agreed to cede rank of its security on the Debtor's movable property in favour of HSBC Bank Canada (Exhibit R-16) · page: 7 · debtor: Mometal Structures Inc. · creditor: 9357-1578 Québec Inc. · currency: CAD · security: Registration at the Register of Personal and Movable Real Rights (Exhibit R-15)
- secured creditorsnote: Statement of account (Exhibit R-14); separately, a margin shortfall of at least CAD 1,693,317.98 was cited as an event of default in the April 25, 2019 demand letter (Exhibit R-10), distinct from this account balance. Personal guarantees held from guarantors Erik Lafontaine, Nathalie Rivet, Mathieu Lafontaine and Yanik Péloquin (individuals, Exhibit R-4). · page: 7 · as of: 2019-04-30 (opening of business) · amount: 7763040.15 · debtor: Mometal Structures Inc. · creditor: HSBC Bank Canada · currency: CAD · security: Movable Hypothec charging the universality of the Debtor's movable property (Exhibit R-3)
- secured creditorsnote: Mise en cause; agreed to cede rank of its security on the Debtor's movable property in favour of HSBC Bank Canada (Exhibit R-16) · page: 7 · debtor: Mometal Structures Inc. · creditor: Investissement Québec · currency: CAD · security: Registration at the Register of Personal and Movable Real Rights (Exhibit R-15)
- secured creditorsnote: Mise en cause; agreed to cede rank of its security on the Debtor's movable property in favour of HSBC Bank Canada (Exhibit R-16) · page: 7 · debtor: Mometal Structures Inc. · creditor: Intact Compagnie d'Assurance · currency: CAD · security: Registration at the Register of Personal and Movable Real Rights (Exhibit R-15)
- secured creditorsnote: Mise en cause; agreed to cede rank of its security on the Debtor's movable property in favour of HSBC Bank Canada (Exhibit R-16) · page: 7 · debtor: Mometal Structures Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Registration at the Register of Personal and Movable Real Rights (Exhibit R-15)
- secured creditorsnote: Mise en cause; agreed to cede rank of its security on the Debtor's movable property in favour of HSBC Bank Canada (Exhibit R-16) · page: 7 · debtor: Mometal Structures Inc. · creditor: Acier Picard Inc. · currency: CAD · security: Registration at the Register of Personal and Movable Real Rights (Exhibit R-15)
2 extracted values are 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.