Quebec · Bankruptcy
Trustee's Preliminary Report to the Creditors
Court officer report · 28 February 2020
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 filing9 verified
- appointeeRestructuration Deloitte Inc.
- appointee rolesyndic
- commencement date10 February 2020
- courtCOUR SUPÉRIEURE
- court file no505-11-016279-205
- provinceQUÉBEC
- financial positionnote: Le Syndic ne rend pas public les informations contenues dans ce rapport afin d'éviter de biaiser les résultats du processus de vente des biens présentement en cours.; as-at date given only as 'à la date de la faillite' (date of bankruptcy, Feb 10 2020) · basis: preliminary inventory and valuation report obtained by the Trustee but not disclosed publicly · scope: entity - Qualum Inc. · currency: CAD
- operational summaryQualum ceased its door and window manufacturing operations upon bankruptcy, and the Trustee is running an accelerated asset sale process while expecting no distribution to unsecured creditors.
- report date28 February 2020