Quebec · NOI
Report of the Trustee on the Financial Situation of the Debtor and on the Proposal
Court officer report · 4 August 2026
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What we verified from this filing3 verified
- recovery outcomeentries: basis: plan · quote: Ordinary Creditors are expected to receive a blended distribution of approximately 27.1% under the Proposal. · pct of: unstated · outcome: distribution · pct low: 27.1 · currency: CAD · pct high: 27.1 · class key: unsecured · stated by: trustee · class label: Ordinary Creditors · interim final: unstated · related party: false · currency quote: (Unaudited, CAD) · claims qualifier: unstated; basis: plan · quote: Most significantly, the Kirman Group, which is a group of companies related to the Kirman family, has agreed to renounce to its claims under the Proposal, which are estimated at $1.4M. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: Kirman Group · claims amount: 1400000 · creditor name: Kirman Group · interim final: unstated · claims qualifier: estimated · table missing:
- sale advisorCICI Détail Inc./CICI Retail Inc.
- sale outcometext: The Company proceeded with an auction of its remaining inventory on July 22 and 23, 2026, following a liquidation sale conducted with Continental from February to March 2026. · scope: liquidation · status: closed