Quebec · Receivership (court-appointed)
Motion of the Receiver for an Approval and Vesting Order and for Related Relief (French Original Version)
Application / notice of application · 23 July 2026
Also filed as: Motion of the Receiver for an Approval and Vesting Order and for Related Relief (French Original Version)
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 filing4 verified
- secured creditorsnote: Balance stated as 'Endettement' under the Facilité de Location per BMO account statements (Pièce R-7), à parfaire des intérêts courus/à courir, frais et ajustements. Prose in the petition approximates 'créances de plus de 90 millions de dollars' (para 9a, page 3) - the exact dated figure from the account statement supersedes this approximation. BMO identified as first-ranking secured creditor on virtually all Actifs visés except the Actifs en Cours d'Examen. · page: 4 · as of: 2026-07-21 · amount: 91849351.16 · debtor: Location John Scotti inc. · creditor: Banque de Montréal (BMO) · currency: CAD · security: Hypothèque mobilière (22 mai 2019) au montant de 100 000 000 $ plus hypothèque additionnelle de 20 000 000 $ (RDPRM #19-0551072-0001); Hypothèque mobilière (6 avril 2021) au montant de 150 000 000 $ plus hypothèque additionnelle de 30 000 000 $ (RDPRM #21-0687767-0001) - both are registration ceilings, not balances; garantie en vertu de l'art. 427 Loi sur les banques; security agreement grevant les biens en inventaire
- secured creditorsnote: One of the 'Actifs en Cours d'Examen' registrants; receiver has not yet recognized the validity of these registered rights (para 13, page 5) - disputed/unconfirmed claim. · page: 4 · debtor: Location John Scotti inc. · creditor: Royal Leasing Co 2007 Ltd. / Location Royale Compagnie (2007) Ltée · currency: CAD · security: Droits résultant d'un bail (RDPRM) registered before receivership against 6 specified VINs; PPSA financing statement/claim for lien registered after receivership against 2 additional VINs
- secured creditorsnote: One of the 'Actifs en Cours d'Examen' registrants; registration is against a different named party ('Bistri Inc.'), not the Debtor; receiver has not recognized validity of this registration (para 13, page 5) - disputed claim. · page: 4 · debtor: Location John Scotti inc. (but registration names 'Bistri Inc.' as constituant/debtor, not the actual Debtor) · creditor: Banque Royale du Canada (RBC) · currency: CAD · security: Hypothèque conventionnelle sans dépossession (RDPRM) registered before receivership against one specified VIN
- secured creditorsnote: One of the 'Actifs en Cours d'Examen' registrants; registration names a related but distinct entity as debtor; receiver has not recognized validity of this registration (para 13, page 5) - disputed claim. · page: 5 · debtor: Location John Scotti inc. (registrations name '9010-1270 Québec Inc. O/A Location John Scotti Automobile Inc' as debtor/secured party, not the actual Debtor) · creditor: Metro One Auto Services Inc. · currency: CAD · security: PPSA financing statement/claim for lien registered before receivership against one VIN and after receivership against additional VINs