Quebec · NOI

Trustee’s report on the insolvent person’s business and financial affairs (French version only) – dated August 10, 2010

Court officer report · 10 August 2010

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 filing3 verified

financial positionnote: Document references debtor's liabilities near $4.7 million ('4,7 millions$') but text is garbled/OCR-corrupted around this figure; losses of nearly $1.5 million over past two years also mentioned as operational losses, not a balance sheet total. · basis: estimate reported by trustee · scope: entity - Éditions Fides inc. · currency: CAD
operational summarySince filing its notice of intention, the debtor has maintained a minimal level of activity to preserve enterprise value while limiting costs, paying suppliers in the normal course, and is running a bidding process seeking a strategic financial partner or buyer, with nine potential buyers having signed confidentiality agreements.
report date10 August 2010