Quebec · Receivership (court-appointed)
Report of the Receiver for approval of the sale of the building (in French only)
Court officer report · 10 March 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 filing2 verified
- financial positionnote: Report states the property (6600 rue Saint-Urbain, Montréal) is the Debtor's principal asset (p.2) and that, considering the sale proceeds, no sum will be available for subsequent-ranking creditors or ordinary creditors (p.3). Sale price (Annex A) and distribution analysis (Annex B) are confidential and not provided. · page: 3 · basis: Receiver's report for sale approval; no balance sheet or statement of affairs presented · scope: 9464-3889 Québec Inc. · currency: CAD
- secured creditorsnote: Balance not stated in the body of the report; distribution analysis is in confidential Annex B (contents not provided). Report states BDC is the concerned secured creditor, holds first-rank security, will receive the remainder of sale proceeds and other Debtor liquidities after super-priority charges (administration charge) and municipal/property taxes, and that no funds will be available for subsequent-ranking or ordinary creditors. · page: 3 · debtor: 9464-3889 Québec Inc. · creditor: Banque de Développement du Canada (BDC) · currency: CAD · security: First-ranking secured claim on the Debtor's property; receiver obtained a legal opinion from its counsel confirming validity and enforceability of BDC's security over the Debtor's property