Quebec · Bankruptcy
First Report of the Trustee to the Court (Original French Version)
Court officer report · 14 September 2026
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 filing15 verified · 1 withheld
- appointeeRestructuration Deloitte inc.
- court file no500-11-064117-241, 500-11-064118-249
- provinceQUÉBEC
- appointee rolesyndic
- commencement date10 September 2026
- financial positionnote: Liabilities split as reported: unsecured (non-garantie) $12,268,000 and secured (garantie) $22,191,000 in the liabilities table (which nets slightly differently from the separate secured creditors claims table showing $22,191,000 total and prose stating ~$22.2M); trustee states this is unaudited, drawn from Debtor's books · page: 4 · as at: 2026-07-31 · basis: Net book value per Debtor's accounting records, not audited by the Trustee · scope: Felix & Paul Studios Inc. (entity level, single debtor) · currency: USD · total assets: 22055000 · total liabilities: 34459000
- secured creditorsnote: Amount in thousands per table header (En milliers de dollars américains); claims as of 31 July 2026 book value; creditors claim first-ranking security, subject to pending legal opinion on validity/opposability · page: 5 · as of: 2026-07-31 · amount: 6257000 · debtor: Felix & Paul Studios Inc. · creditor: Export Development Canada (EDC) · currency: USD
- secured creditorsnote: Amount in thousands per table header; claims first-ranking security, subject to pending legal opinion on validity/opposability · page: 5 · as of: 2026-07-31 · amount: 5773000 · debtor: Felix & Paul Studios Inc. · creditor: Investissement Québec · currency: USD
- secured creditorsnote: Amount in thousands per table header; claims first-ranking security, subject to pending legal opinion on validity/opposability; note $0.9M repaid in August 2026 from federal tax credit collection, reducing balance post-dated · page: 5 · as of: 2026-07-31 · amount: 3075000 · debtor: Felix & Paul Studios Inc. · creditor: Banque Nationale du Canada · currency: USD
- secured creditorsnote: Amount in thousands per table header; claims first-ranking security, subject to pending legal opinion on validity/opposability · page: 5 · as of: 2026-07-31 · amount: 2877000 · debtor: Felix & Paul Studios Inc. · creditor: BDC Capital · currency: USD
- secured creditorsnote: Amount in thousands per table header; claims first-ranking security, subject to pending legal opinion on validity/opposability · page: 5 · as of: 2026-07-31 · amount: 2772000 · debtor: Felix & Paul Studios Inc. · creditor: Développement économique du Canada · currency: USD
- secured creditorsnote: Amount in thousands per table header; claims first-ranking security, subject to pending legal opinion on validity/opposability · page: 5 · as of: 2026-07-31 · amount: 1437000 · debtor: Felix & Paul Studios Inc. · creditor: Société de développement des entreprises culturelles (SODEC) · currency: USD
- process resultsbids: 0 · lois: 0 · ndas: 51 · note: Nombre d'offres non contraignantes reçues: nil; une (1) offre non contraignante générée plus tard mentionnée séparément · solicited: 76
- purchaser18 201714 Canada Inc.
- sale outcometext: La Débitrice demande au Tribunal de l'autoriser à vendre ses actifs, le tout conformément à l'offre contraignante sélectionnée le 11 septembre 2026 · scope: parcel · status: pending_approval
1 extracted value is 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.