Quebec · Bankruptcy
Trustee's Report on Preliminary Administration (French only)
Court officer report · 17 April 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 filing12 verified · 1 withheld
- appointeeMNP LTÉE
- appointee roleSyndic autorisé en insolvabilité
- courtCOUR SUPÉRIEURE
- court file no615-11-001897-265
- provinceQUÉBEC
- statutory basisLoi sur la faillite et l'insolvabilité
- financial positionnote: Total assets are book value as at 31/07/2025 (see p.2 table); total liabilities as declared in the statutory statement of affairs, presumably as at the bankruptcy assignment date 2026-03-17 (p.3 table, total $1,326,244 of which $287,111 secured). Estimated realization value of assets was $596,837 and actual realized to date $47,796 (p.2). All assets stated to be encumbered in favour of secured creditors (note A, p.2/p.3). · page: 3 · basis: non audité - valeurs aux livres (bilan statutaire); syndic ne peut assurer l'exactitude de l'information financière · scope: entity only - Centre de Peintures Picasso Inc. · currency: CAD · total assets: 298709 · total liabilities: 1326244
- secured creditorsnote: Listed as secured creditor per statutory statement of affairs (note A). · page: 3 · as of: bilan statutaire (statement of affairs, bankruptcy date 2026-03-17) · amount: 66709 · debtor: Centre de Peintures Picasso Inc. · creditor: Caisse Desjardins de l'Est de l'Abitibi · currency: CAD
- secured creditorsnote: Aggregated per PMSI equipment-financier class; document does not provide a combined total, components reported verbatim. · page: 3 · as of: bilan statutaire (statement of affairs, bankruptcy date 2026-03-17) · debtor: Centre de Peintures Picasso Inc. · creditor: PPSA equipment financiers (PMSI class): Journey Capital, LBC Leasing Limited Partnership, CWB National Leasing Inc. · currency: CAD · security: Serialized-equipment leasing/financing (individually stated amounts, not summed): Journey Capital $98,000; LBC Leasing Limited Partnership $18,531; CWB National Leasing Inc. $0.
- secured creditorsnote: Nominal $1 secured claim per statutory statement of affairs. · page: 3 · as of: bilan statutaire (statement of affairs, bankruptcy date 2026-03-17) · amount: 1 · debtor: Centre de Peintures Picasso Inc. · creditor: NL LP · currency: CAD
- secured creditorsnote: Listed as secured creditor per statutory statement of affairs (note A). · page: 3 · as of: bilan statutaire (statement of affairs, bankruptcy date 2026-03-17) · amount: 63755 · debtor: Centre de Peintures Picasso Inc. · creditor: SADC (Société d'aide au développement des collectivités) · currency: CAD
- secured creditorsnote: Numbered company listed as secured creditor; possible related party (not confirmed by document). · page: 3 · as of: bilan statutaire (statement of affairs, bankruptcy date 2026-03-17) · amount: 40115 · debtor: Centre de Peintures Picasso Inc. · creditor: 9151-3431 Québec Inc. · currency: CAD
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.