Quebec · NOI
Trustee’s Report regarding the request to consolidate the files under the Notice of Intention (french version only) – dated October 16, 2013
Court officer report · 16 October 2013
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 filing8 verified
- appointeeRichter Groupe Conseil Inc.
- appointee roleSyndic
- courtCOUR SUPÉRIEURE (En matière de faillite et insolvabilité)
- court file no505-11-012250-135, 505-11-012256-132, 505-11-012251-133, 505-11-012253-139, 505-11-012254-137, 505-11-012255-134, 505-11-012252-131
- provinceQUÉBEC
- statutory basisParagraphes 183 à 186 de la Loi sur la faillite et l'insolvabilité
- commencement date27 May 2013
- financial positionnote: Not summed per rule 1; no as-at date stated. Commensal 2007: assets 3 020 000 $ (comptes clients et stock 520 000; usine et équipements 2 250 000; marques de commerce 250 000); secured creditors 5 861 666; deficit (2 841 666); unsecured creditors 11 226 155 $. 9183-7831 Québec Inc.: assets 183 158 $ (leased equipment), secured 183 158, unsecured 1 600 149 $. 9005-4925 Québec Inc.: unsecured 433 336 $. Commensal & Cie: unsecured 627 385 $. 9199-1174 Québec Inc.: unsecured 205 814 $. Commensal Canada Inc.: unsecured 2 700 $. Gestion Commensal Inc.: unsecured 8 480 $. Trustee states that 'Il n'existe pas d'actifs libres' (no unencumbered assets) and that 'la totalité des actifs du groupe sont cédés en garantis et ont une valeur substantiellement inférieure aux dettes qu'ils garantissent'. Trustee also states a bankruptcy scenario would yield no dividend to unsecured creditors. Asset cells for the other five entities are blank/illegible in the OCR table. · basis: Valeur de réalisation estimée par la direction (non vérifiés) — management's estimated realization values, unverified · scope: Seven-column table by entity (Commensal 2007 s.e.c. and six affiliated Groupe Commensal companies); no consolidated total stated · currency: CAD