Quebec · Receivership (court-appointed)
2026-04-16 - Jugement sur la demande de séquestre et l'ordonnance de sauvegarde
Application / notice of application · 16 April 2026 · French
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 filing11 verified
- applicantCARL DUMONT
- commencement date16 April 2026
- courtCOUR SUPÉRIEURE
- court file no700-11-023067-269
- provinceQUÉBEC
- appointeeRAYMOND CHABOT INC.
- secured creditorsnote: Amount varies across the record: ~$30M pleaded as of petition (para 2, p.3); Drouin admits owing 'at least $25M' (floor, para 72, p.12) though disputes the exact figure; entente-cadre of Sept. 2025 referenced ~$28M owed (para 33, p.7); hypothecary debt again described as 'avoisine les 30M$' (para 120, p.20). Court found Finstar and Drouin both insolvent and Dumont's security effectively covers quasi-totality of Finstar's real estate portfolio. · page: 3 · as of: as of the hearing/petition ("désormais"/"en date des présentes") · amount: 30000000 · debtor: Groupe Finstar Inc. and affiliated project entities (interest in 38 of 40 real estate projects, via share pledges and immovable hypothecs) · creditor: Carl Dumont · currency: CAD · security: Hypothecary claims on real-estate projects; nantissement (pledge) of shares in six Finstar entities; personal solidary guarantee (cautionnement solidaire, without benefit of discussion) from Simon Drouin (related party - Finstar's directing mind/shareholder); includes rights acquired via a cession de créances hypothécaires from Groupe Sennett (original Sennett hypothecary debt approx. $18M, bought by Dumont for $15M in June 2025)
- appointee roleséquestre
- statutory basisarticle 243 LFI
- secured creditorsnote: Provincial tax authority; amount of underlying tax debt not stated in these pages · page: 8 · debtor: Groupe Finstar Inc. · creditor: Revenu Québec · currency: CAD · security: Legal hypothec (hypothèque légale) inscribed against Finstar
- secured creditorsnote: Municipal/regulatory tax-related secured claim; amount not stated · page: 9 · debtor: Groupe Finstar Inc. (project located in Sainte-Agathe-des-Monts) · creditor: Ville de Sainte-Agathe-des-Monts · currency: CAD · security: Préavis de vente (notice of sale for tax default) inscribed for unpaid municipal property tax